Nikkei Stock Index May Have Hit Bottom for Now
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Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Hong Kong Shares Rise 0.7% in Morning Trade
Hong Kong’s Hang Seng Index rose in early trade, as markets reopened after the Labor Day holiday. Traders are likely digesting Fed comments on the lack of progress toward its inflation target, said IG.The Wall Street Journal - World - Hong Kong -
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.The Wall Street Journal - World -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Amazon profits may have tripled but do not expect a dividend
Resurgence of free cash flow at the ecommerce group is still fresh while capital expenditure is set to rise this yearFinancial Times - Business - Amazon -
The 26 Best Shows on Apple TV+ Right Now (May 2024)
The best TV series on Apple TV+ right now include Loot, The Big Door Prize, Constellation, and For All Mankind.Wired - Tech - Apple -
Trump Media stock is booming (for now). Here’s the way to play it on the cheap.
If you wanted to buy shares in Trump Media & Technology, Donald Trump’s new stock market venture, how many could you get for $100?MarketWatch - Business - Donald Trump -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
New Star Wars And Marvel Disney Plus Blu-Rays Have Arrived, But You May Want To Order Soon
The Falcon and The Winter Soldier: The Complete First Season $45 (was ...GameSpot - Tech -
RBA May Have Been Too Timid in Fight Against Inflation, Economist Says
The Reserve Bank of Australia has likely been far too timid in raising interest rates given that swaths of the economy are still going strong, according to a former senior manager at the central bank.The Wall Street Journal - World -
Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart
The U.S. stock market has kicked off May trading mostly lower, with the S&P 500 down Wednesday after slumping in April.MarketWatch - Business -
The WSJ Dollar Index Rises 1.81% This Month to 100.81
The dollar firmed across the board on the session and posted its best monthly performance since January.The Wall Street Journal - World -
U.S. manufacturing improvement goes into reverse in April: ISM
Manufacturing PMI slumps to 49.2%, prices jump to highest since June 2022MarketWatch - Business -
Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana
Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government’s plans to reclassify marijuana.MarketWatch - Business -
Starbucks’ stock sinks 12% as ‘cautious’ consumers, more headwinds hit profit, revenue
Starbucks reported fiscal second-quarter earnings late Tuesday that were wide off the mark.MarketWatch - Business -
Deepest Blue Hole in the World Discovered. Scientists Still Haven’t Found the Bottom
Yahoo News - World -
GSK ups 2024 guidance as HIV drugs and new vaccines boost its bottom line
The British drugmaker’s remaining 4.2% stake in its consumer health arm Haleon also boosted its bottom line, following its spin off in July 2022MarketWatch - Business -
5/1/24
5/1CBS Sports - Sports -
Starfield May Update
Learn more about the biggest update coming to Starfield on May 15th, 2024.GameSpot - Tech -
The week's bestselling books, May 5
The Southern California Independent Bookstore Bestsellers list for Sunday, May 5, 2024, including hardcover and paperback fiction and nonfiction.Los Angeles Times - Entertainment -
Will mortgage interest rates fall in May?
If you're waiting for mortgage rates to drop, you could be in for a longer wait than anticipated. Here's why.CBS News - Top stories - Mortgage -
What Is a Magazine Now?
Highsnobiety is a store, a website, a production agency and a clothing line. Oh, and Pamela Anderson is on the latest cover.The New York Times - Lifestyle -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
Founder of Binance, World's Largest Crypto Firm, Sentenced to Four Months
Changpeng Zhao’s sentence was lighter than prosecutors had requested and the culmination of a multiyear U.S. investigation into crypto exchange Binance.The Wall Street Journal - World - Crypto -
These 8 Games Are Leaving Game Pass In May
Leaving soonMicrosoft has announced the first wave of games scheduled to leave the Game Pass catalog this month, and the list features eight titles from a variety of genres, including Just Cause 4 Reloaded and AT-AT Games' "East-punk" action-RPG, ...GameSpot - Tech -
How Gavin Newsom's Governance Boosts Trump
He is a well-spoken surrogate for Joe Biden on TV, but voters can see he’s misruled California.The Wall Street Journal - World - Donald Trump -
China Moving Forced Laborers Amid U.S. Crackdown, Biden Official Says
Coerced laborers are being moved out of Xinjiang as China makes efforts to frustrate supply-chain due diligence, a Labor Department official says.The Wall Street Journal - World - Joe Biden -
New York Children's Nonprofit Files Bankruptcy to Deal With Sex-Abuse Lawsuits
St. Christopher’s in Dobbs Ferry, N.Y., joins other institutions in addressing a wave of abuse lawsuits in chapter 11.The Wall Street Journal - World - New York -
What to Watch: The Best Movies and TV Shows From April
Colin Farrell stars in an homage to Hollywood noir, Woody Allen returns with his best film in years, documentaries explore William F. Buckley and a forgotten singer-songwriter of the 1970s, and much, much more.The Wall Street Journal - World -
FTC Targets 'Junk' Patent Listings on Ozempic and Other Drugs
The antitrust cop says that the more than 300 patent listings stall generic competition, keeping prices high for diabetes drugs, inhalers and more.The Wall Street Journal - World -
"Sell in May and Go Away" Isn't as Useful as It Once Was
Returns still tend to be better for those who heed the Wall Street adage, but volatility has been greater outside of the summer months in recent yearsThe Wall Street Journal - World -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
3 smart gold investing moves to make for May
Are you ready to invest in gold? Here are three smart gold investing moves to make this May.CBS News - Top stories -
PlayStation Plus Free Games For May 2024 Revealed
PlayStation has revealed this month's batch of free games for PlayStation Plus subscribers. All PS Plus members will be able to claim a quartet of freebies starting May 7: EA Sports FC 24, Ghostrunner 2, Tunic, and Destiny 2: Lightfall.. If you ...GameSpot - Tech - Playstation -
Parsing the Fed: How the May Statement Changed
Use this tool to compare the latest Federal Reserve policy statement with its immediate predecessor and see where policymakers have updated their language.The Wall Street Journal - World -
Teamsters Canada Says Strikes at CN Railway, Canadian Pacific Kansas City Could Begin May 22
OTTAWA–The union representing over 9,000 workers at Canada’s two biggest railroads said nearly all of its members voted in favor of going on strike as early as May 22, which could cause extensive disruptions across North American logistics networks.The Wall Street Journal - World - Canada -
Fed Says Inflation Progress Has Stalled, Extends Wait-and-See Rate Stance
U.S. central bank officials also approved a plan to slow the continuing reduction of their $7.4 trillion asset portfolio.The Wall Street Journal - World - Federal Reserve -
Arizona Legislature Votes to Repeal State's Ban on Virtually All Abortions
Democratic Gov. Katie Hobbs is promising to sign the measure overturning the restrictions, but they could be in place for a few months this summer.The Wall Street Journal - World - Abortion -
S&P 500 Slips After Fed Keeps Rates Steady
Treasury yields inched down but are still up sharply for the year.The Wall Street Journal - World - Federal Reserve