Large Cap Growth Funds Dominate
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Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Vivendi Posts Group-Wide Revenue Growth
Vivendi recorded a 5% revenue rise in the first quarter, with growth driven by the consolidation of Lagardere and strong performances at Canal+ and Havas.The Wall Street Journal - World -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Chinese automakers redefine the car as a living space at Beijing Auto Show
The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto showABC News - Tech -
Controversy over spiked antifascist speech dominates Italy's Liberation Day anniversary
Italy is marking its liberation from Nazi occupation and fascist rule amid a fresh media controversy over the legacy of Italian fascist complicity in the Holocaust and World War II-era crimesABC News - World -
Controversy over spiked antifascist speech dominates Italy's Liberation Day anniversary
Yahoo News - World -
Trump immunity case takeaways: Worry over lawlessness or hobbling POTUS dominates
The Supreme Court heard a historic case on whether Trump has immunity or can be criminally prosecuted over his efforts to overturn his 2020 election lossABC News - Top stories - Donald Trump -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.CNBC - Business -
Splashy testimony dominates first week of Trump's hush money trial
The first week of testimony in former President Trump's hush money trial has wrapped Friday in Manhattan. The trial so far has been dominated by splashy testimony from former National Enquirer publisher David Pecker, who spent much of this week ...The Hill - Politics - Donald Trump -
France steeled for epic Six Nations decider against dominant England
Hosts will need to overcome John Mitchell’s all-conquering England side who are targeting a sixth straight title. The last time England lost in the women’s Six Nations Theresa May was prime minister, Chelsea were defending Premier League champions ...The Guardian - World -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant.
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings.NBC News - Top stories -
'This is phenomenal' - England seal Grand Slam with hard-fought win in France
Reaction after England beat 14-player France in Bordeaux to secure a third successive Women's Six Nations Grand Slam.BBC News - Top stories -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Politics -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
NY lawmakers propose conditioning federal funding on monitoring of antisemitism
Two New York lawmakers are proposing legislation that could condition federal funding for universities to stricter monitoring of on-campus antisemitism. Reps. Ritchie Torres (D-N.Y.) and Mike Lawler (R-N.Y.) plan to introduce the College Oversight ...The Hill - Politics -
Stars hit DC red carpet to push for public arts funding
TV and film actors hit Washington, D.C. Friday as part of the Creative Coalition’s push to increase public funding for the arts, citing their crucial role in the development of children and communities. Members of the group’s delegation met with ...The Hill - Politics -
Anger at party funding scandal in Japan threatens to bring down PM Kishida
Despite talk of a Nobel peace prize, Japan’s leader is facing a backlash among voters as key byelection approaches. In the past fortnight Fumio Kishida has been mentioned as a possible recipient of the Nobel peace prize and praised for a speech to ...The Guardian - World - Japan -
Rick Scott calls for Columbia resignations, donors to withhold funds as protests rage
Sen. Rick Scott (R-Fla.) called for donations to stop and for resignations of officials at Columbia University amid protests gaining steam at college campuses around the nation. “If you’re a donor to Columbia University, stop,” Scott said in an ...The Hill - Politics -
Silicon Valley’s General Catalyst closes in on $6bn fund for tech start-ups
Venture capital firm’s success underlines divergence between big names and smaller groups as fundraising slows more broadlyFinancial Times - Business -
Priest Arrested For Using Church Funds On Candy Crush And Other Mobile Games
There have been plenty of church scandals over the decades, but this might be the very first one that involves Candy Crush. Via The Philadelphia Inquirer, Reverend Lawrence Kozak was arrested in Pottstown, Pennsylvania on April 25 and charged with ...GameSpot - Tech -
Levelling up policy like a half-built cathedral, admits Michael Gove
Ministers asks critics to withhold judgment till 2030 as analysis shows UK struggled to make gains in target areasFinancial Times - Business -
Levelling up policy like a half-built cathedral, admits Michael Gove
Ministers asks critics to withhold judgment till 2030 as analysis shows UK struggled to make gains in target areasFinancial Times - Business -
Levelling up policy like a half-built cathedral, admits Michael Gove
Ministers asks critics to withhold judgment till 2030 as analysis shows UK struggled to make gains in target areasFinancial Times - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial 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 -
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 -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever
Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.The Wall Street Journal - World