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India Central Bank Holds Rate Steady as Economy Stays Strong
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Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Trump blames strong dollar for U.S. economy ‘going to hell’
Trump’s economic advisors are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term,” according to one report.MarketWatch - Business - Donald Trump -
US adds 175,000 April jobs as hiring slows and unemployment stays steady
April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong. Hiring in the US slowed in April with the workforce adding another 175,000 jobs and wage growth slowing.. The news cheered ...The Guardian - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Interest rates are staying high—how to make them work in your favor
The U.S. Federal Reserve is keeping its benchmark interest rate at its current decades-long high. Savers and borrowers can take advantage of the moment.CNBC - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China
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U.S. Presses Qatar on Hamas as Gaza Talks Come Down to the Wire
The U.S. has asked the Persian Gulf state of Qatar to expel Hamas’s political leadership if the group doesn’t agree to a Gaza cease-fire deal in high-stakes talks under way in Cairo, an official from the region said.The Wall Street Journal - World -
Warren Buffett Praises Apple After Berkshire Cuts Stake
The legendary investor praised the iPhone maker at his annual meeting in Omaha, Neb., even after revealing that Berkshire had slashed its stake in the first quarter.The Wall Street Journal - World - Apple -
May the Fourth Be With You and More
May Day celebrations, Kenya flooding, college protests and more images from around the world, selected by Wall Street Journal photo editors.The Wall Street Journal - World -
Inside Columbia's Tumultuous Protests, as Told by Student Radio Journalists
WKCR’s 19-person team, some of the few journalists to remain on campus, went from jazz to on-the-ground news coverage.The Wall Street Journal - World -
Inside One Record Store Riding the Vinyl-Revival Wave
The Attic, near Pittsburgh, looked like it wasn’t going to survive in the early 2000s. Now it sells all genres to customers young and old.The Wall Street Journal - World