Opec to Extend Cuts in Oil Output into 2024 As Prices Flag
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Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock.MarketWatch - Business -
BBC Verify examines reported strikes on Russian oil depots
The reported strikes have been geolocated to the Smolensk region of western Russia.BBC News - Top stories - Russia -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Ravens extend Rashod Bateman: Former first-round receiver signed through 2026 season
Baltimore re-signs one of its ownCBS Sports - Sports - NFL -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Ecuador's Former Comptroller General Convicted in Case Tied to Odebrecht
Carlos Ramon Polit Faggioni was convicted in Miami of accepting more than $10 million in bribes from the Brazilian construction company.The Wall Street Journal - World -
It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?
The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or threatening them?The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
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 -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - Business - Joe Biden -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business -
Bird flu outbreak is driving up egg prices — again
Egg prices are jumping as an outbreak of highly pathogenic avian influenza forces producers to slaughter millions of infected birds.CBS News - Top stories -
Argentine students and professors protest university budget cuts under Milei
Thousands of students and professors filled the streets of Buenos Aires and other cities to demand university funding amid President Javier Milei's harsh budget cuts.NBC News - Top stories -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Mayor Adams Walks Back Budget Cuts Many Saw as Unnecessary
The mayor released a revised $111.6 billion budget, which included $2.3 billion that would restore some funding for schools and cultural institutions.The New York Times - Top stories -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Met Gala 2024: A Guide to the Theme, Hosts and How to Watch
What’s the dress code, who’s hosting, who’s going and how to watch.The New York Times - Lifestyle -
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 -
2024 NFL Draft rumors: Could Bears pair Caleb Williams with this top receiver prospect?
Williams and this fellow draft prospect flew to Detroit togetherCBS Sports - Sports - NFL -
2024 PGA Championship odds: Scottie Scheffler favorite to continue grand slam pursuit, Rory McIlroy near top
Valhalla is set to host this year's PGA Championship, and the odds board has adjusted since the MastersCBS Sports - Sports -
North Carolina 2024-25 roster: RJ Davis will be only first-team All-American to return next season
Davis' return makes the Tar Heels a national title contender next seasonCBS Sports - Sports -
2024 NFL Draft order: Full list of every first-round pick, plus biggest needs for all 32 clubs
The entire first round of the 2024 NFL Draft is setCBS Sports - Sports - NFL -
2024 NFL Worst Mock Draft Ever: First-round picks designed to anger every single NFL fan base
Will Brinson trolls his boat once againCBS Sports - Sports - NFL -
Kentucky basketball under Mark Pope: Transfer portal news, 2024 roster, recruits, top targets by SEC experts
CatsPause has covered the Wildcats for years and reveals all the latest news about the Kentucky basketball roster under new head coach Mark PopeCBS Sports - Sports -
2024 NFL Super Mock Draft: Who will Giants and Jets take in first round?
The Jets and Giants are both picking in the Top 10 of the 2024 NFL Draft, but who will they take? Our SNY staff gives their selections...Yahoo Sports - Sports - NFL -
Agent's Take: Potential trades Patriots should consider with No. 3 overall pick in 2024 NFL Draft
If these teams come calling, the Patriots should be listeningCBS Sports - Sports - NFL -
2024 NBA Draft prospect rankings: Alex Sarr jumps up to No. 1 in first Big Board after NCAA Tournament
There's plenty of movement among the updated top 50 NBA Draft prospects following March MadnessCBS Sports - Sports - NBA -
2024 LIV Golf Adelaide schedule, field of players, teams, prize money, purse, live stream, TV schedule
LIV Golf makes its way down under for its annual event in AustraliaCBS Sports - Sports - LIV Golf -
2024 NFL Draft: Top five candidates for Eagles' first-round pick, including several star Alabama products
Which players are most likely to be on Philly's radar?CBS Sports - Sports - NFL -
2024 NFL Draft: Deion Sanders blasts media, critics for 'ridiculous' analysis of QB Michael Penix Jr.
Sanders believes the former Washington star isn't getting enough respect despite a possible first-round gradeCBS Sports - Sports - NFL -
The best gift ideas for college grads in 2024 are fabulous surprises for post-school life
Gift your grad the gear they'll love to help prepare them for a fruitful life and career once they leave dorm life behind.CBS News - Top stories