High Inflation Is to Blame for These Strikes Not Trade Unions Torsten Bell
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10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Starbucks and Union Restart Contract Talks After Bitter Standoff
The company and Workers United, which represents more than 10,000 of the chain’s employees, broke off negotiation nearly a year ago.The New York Times - Business -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
'Just not good enough' - Klopp takes blame for derby defeat
Liverpool manager Jurgen Klopp says his side were "just not good enough" in their 2-0 Premier League defeat to Merseyside rivals Everton at Goodison Park.BBC News - Top stories -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Spanish PM considers resigning, blaming political ‘harassment’ of wife
Pedro Sánchez halts public duties, hitting out at opponents after court launches inquiry into alleged corruption by Begoña Gómez. Q&A: why is Sánchez considering resigning from office?. Spain’s socialist prime minister has cancelled his public ...The Guardian - World -
If Arizona Repeals Its Abortion Ban, the Far Right Won’t Blame Trump
He’s the only one allowed to be wobbly on abortion.The New York Times - Top stories - Donald Trump -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
2024 NFL Draft: Braelon Allen names his top-four RBs of all-time, shares recent advice from Le'Veon Bell
Bell's advice has already paid off for AllenCBS Sports - Sports - NFL -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
A High School Reunion Reignites a 50-Year Crush
Elaine Hall and Roland Passaro, both 88, met in junior high school in 1950 but lost touch before acting on their connection. They finally did, five decades later.The New York Times - Lifestyle -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Biden leans into courting union workers by bashing Trump: ‘He looks down on us’
President Biden put his strategy of appealing to union workers on display Wednesday by painting himself as more like them and less like former President Trump. Biden has spoken to crowds of union workers twice in the past week, using each occasion ...The Hill - Politics - Joe Biden -
Lakers, 76ers beware: Blaming NBA referees for Game 2 outcomes is a loser's mentality
The Lakers and 76ers had complaints about officiating following Game 2 losses, but there were plenty of other reasons both teams lost Monday night.Yahoo Sports - Sports - NBA -
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's direction
Foreign Minister Radek Sikorski says Poland wants to return to group of countries setting the European Union's directionABC News - World -
Treasury yields steady ahead of U.S. GDP data that sets stage for inflation report
Treasury yields were steady Thursday ahead of pivotal data on the U.S. economy.MarketWatch - Business -
Report: Trey Hendrickson requests trade
The Bengals got a trade request from wide receiver Tee Higgins after they used their franchise tag on him this offseason and now another member of the team reportedly wants to be moved as well.Yahoo Sports - Sports -
Bengals DE Hendrickson requests to be traded
Bengals three-time Pro Bowl defensive end Trey Hendrickson wants more long-term security than the team has offered and has requested to be traded, his agent confirmed to ESPN.ESPN - Sports - NFL -
Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.CNBC - Business -
SpaceX Worker Injury Rates Are Alarmingly High for Second Year in a Row
Injury rates among SpaceX employees are as much as nine times higher than the industry average in some facilities.Inc. - Business -
Emotions run high during Idaho abortion access Supreme Court hearing
The Supreme Court is reviewing a near-total Idaho abortion law that could dictate the type of care pregnant mothers can receive in emergency rooms. CBS News chief legal correspondent Jan Crawford breaks down the hearing.CBS News - Top stories - Abortion -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
A high-profile murder trial in Kazakhstan boosts awareness of domestic violence
A trial of a former government official charged with killing his wife has riveted Kazakhstan with lurid video of the attack, sparking a national conversation about domestic violence and leading to the government enacting a tougher law on spousal ...ABC News - World -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Another Bengals star reportedly has requested a trade
Another star Cincinnati Bengals player reportedly wants out.Yahoo Sports - Sports - NFL -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - World -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Xander Bogaerts has season-high 3 hits, Padres beat Rockies 5-2
Xander Bogaerts had a season-high three hits, Matt Waldron gave up one run in six innings and the San Diego Padres beat the Colorado Rockies 5-2 on Wednesday nightABC News - Sports - MLB -
Russia-Ukraine war live: risk of military incidents along Ukraine border quite high, says Belarusian leader
Alexander Lukashenko says Poland should not expect aggressive actions from Belarus but says battalions have been moved to west of country. Russia has vetoed a UN security council resolution calling on all nations to prevent a dangerous nuclear ...The Guardian - World - Ukraine -
Trump Media asks lawmakers to investigate "unlawful trading activity"
Trump Media CEO Devin Nunes is asking four House committees to investigate possible "naked" short selling in the company's shares.CBS News - Top stories - Donald Trump -
How trading up for Lance in 2021 draft ultimately didn't derail 49ers
The 49ers traded a haul of picks to trade up and select Trey Lance with the No. 3 pick in the 2021 NFL Draft. The selection never worked out, but thankfully for San Francisco, Brock Purdy fell into its lap.Yahoo Sports - Sports - NFL