Laurentian Bank Logs 2q Earnings Beat
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Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
Banks pay savers more as ‘higher-for-longer’ rates hit interest income
US lenders are having to fight to keep depositors from leaving with no Fed rate cuts in sightFinancial Times - World -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - World -
Western banks in Russia paid €800mn in taxes to Kremlin last year
Figure represents a fourfold increase on prewar levels and comes as profits jump at European lenders still in the countryFinancial Times - Business - Russia -
Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
Austrian lender, which has pledged to exit Russia, orders internal probe following FT findingsFinancial Times - Business - Russia -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Tesla’s Earnings Highlight the Company’s Biggest Problem. It’s a Cautionary Tale for Every Leader
Be careful making promises you might not be able to keep.Inc. - Business -
Don't bet against Zuckerberg: Meta's earnings-driven stock slide is an opportunity
Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.CNBC - Business -
Altria’s earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement ...MarketWatch - Business -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Can I contribute to a Roth 401(k) if I earn a high salary?
The rules are different for Roth IRA and Roth 401(k) accountsMarketWatch - Business -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Stocks risk a wild week with Big Tech earnings, Fed’s faceoff with inflation
“Magnificent Seven” stocks are driving market volatility. It isn’t the only worry.MarketWatch - Business -
Premier League: Everton beat Liverpool to dent Reds' title hopes
Follow 5 Live coverage & live text commentary as Everton host Liverpool, plus three more fixtures in the Premier League.BBC News - Top stories - Premier League -
Man Utd fight back twice to beat Sheff Utd late on
Manchester United have to come from behind twice to beat bottom-of-the-table Sheffield United at Old Trafford.BBC News - Top stories -
Fernandes rescues Manchester United in frantic win over Sheffield United
With 81 minutes gone Bruno Fernandes collected a Kobbie Mainoo pass and with a swish of his left foot fired a laser past Wes Foderingham and Manchester United were 3-2 ahead. The question now was could they, at last, hang on to a lead.. This was ...The Guardian - World - Premier League -
Moncler Sales Beat Forecasts Amid Solid Demand in China
The Italian luxury-fashion company said revenue for the Moncler brand grew 26% in Asia.The Wall Street Journal - Business - China -
Caterpillar’s stock is falling toward its worst day since 2020 after earnings
Caterpillar Inc. shares were dropping premarket after the company came up a bit short on first-quarter revenue as sales volumes declined.MarketWatch - Business -
Can a Humble Fan Beat Your AC? You'd Be Surprised.
Don’t waste money cooling your entire room. In many ways, these are much more efficient.The Wall Street Journal - Tech -
Microsoft’s heavy bet on AI pays off as it beats expectations in second quarter
World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence. Profits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the second ...The Guardian - World -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - Business -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - Business -
In private, Biden shifts from frustration to confidence that he'll beat Trump
Over the past several weeks, Biden has privately expressed confidence that he’s going to win the November election, according to three people familiar with his comments, in a shift from the frustration with the status of his campaign that he was ...NBC News - Politics - Joe Biden -
In private, Biden shifts from frustration to confidence that he'll beat Trump
Over the past several weeks, Biden has privately expressed confidence that he’s going to win the November election, according to three people familiar with his comments, in a shift from the frustration with the status of his campaign that he was ...NBC News - Top stories - Joe Biden -
Women's Six Nations: Ireland beat Scotland to finish third - as it happened
Watch live coverage and follow live text updates as Ireland host Scotland at Kingspan Stadium, Belfast in the Women's Six Nations.BBC News - Top stories -
Premier League: Haaland scores as Man City keep pressure on Arsenal
Listen to BBC radio coverage and follow live text commentary as Manchester City visit Nottingham Forest in the Premier League.BBC News - Top stories - Premier League