Philippines Records Strongest Economic Growth in 45 Years
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Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
Confidence in Biden economic decisionmaking near record low: Gallup
Voter confidence about President Biden’s ability to make economic decisions is among the lowest in more than two decades. Gallup has tracked confidence in presidents to do the right thing on the economy since 2001, when former President George W. ...The Hill - Politics - Joe Biden -
Global trade growth set to more than double this year
OECD, IMF and WTO forecast sharp rebound in flow of products this year after 2023 slumpFinancial Times - Business -
Trump Trial: 45 Seconds to Capture History
A challenge for news photographers, and more on how we are covering the trial.The New York Times - Top stories - Donald Trump -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Parched Philippine dam reveals centuries-old town, luring tourists
The ruins of a centuries-old town have emerged at a dam parched by drought in the northern Philippines, giving residents a rare spectacle and luring tourists.NBC News - Top stories -
China publicizes for the first time what it claims is a 2016 agreement with Philippines
China has publicized for the first time what it claims is an unwritten 2016 agreement with the Philippines over access to South China Sea islandsABC News - World - China -
Philippines Denies ‘New Model’ in Dealing with China on Sea Row
Yahoo News - World - China -
Kyle Manzardo promoted: Guardians' top prospect, No. 45 in baseball, called up to majors for MLB debut
Steven Kwan has been placed on the IL after leaving Sunday's game with hamstring tightnessCBS Sports - Sports - MLB -
Ruined centuries-old town re-emerges as Philippines dam dries up during heatwave
After a long spell of intense heat and little rain, water levels have fallen to reveal parts of a sunken church, tombstones and foundations at Pantabangan. Ruins of a centuries-old town have emerged at a dam parched by drought in the northern ...The Guardian - World -
US and Philippine forces stage combat drills near strategic channel off southern Taiwan
U.S. Marines and their Filipino counterparts have staged joint combat drills on the Philippines’ northernmost island along the strategic Bashi Channel off southern Taiwan, a flashpoint in the Washington-Beijing military rivalryABC News - World -
Spurs' Victor Wembanyama named NBA Rookie of the Year after a record-setting season
Victor Wembanyama had a year like no rookie in NBA historyABC News - Sports - NBA -
U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
U.S. Jobs Growth Set to Slow
The Conference Board’s employment trends index fell to 111.25 in April from a downwardly revised 112.16 in March.The Wall Street Journal - World -
The Economic Slowdown Is Finally Here. Welcome It.
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.The Wall Street Journal - World -
Reese, Cardoso debuts spark popular livestream
The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media livestream from a fan who stepped in when the league's app couldn't broadcast the game.ESPN - Sports -
FirstFT: Global trade growth set to double
Also in today’s newsletter, Hamas accepts hostage proposal and problems at St James’s PlaceFinancial Times - World -
Biden economic advisor on April jobs data
U.S. job growth cooled in April, according to new data by the Department of Labor. Jared Berstein, the chair of the United States Council of Economic Advisers, joins CBS News with his outlook on the new numbers.CBS News - Top stories - Joe Biden -
Comex Gold Settles 1% Higher
Front-month Comex gold for May delivery settled 1% higher on improved hopes for U.S. interest rate cuts after promising economic data on Friday.The Wall Street Journal - World -
Vice President Harris in Detroit for economic opportunity tour
Vice President Kamala Harris was in Detroit on Monday as a part of her nationwide economic opportunity tour. CBS News campaign reporter Nidia Cavazos has more.CBS News - Top stories -
Flight Centre's Top Executive Sees Growth Without Major M&A
Flight Centre’s top executive says the Australia-based travel company is well-positioned to grow without more major deals, though smaller acquisitions are still possible in specialized areas.The Wall Street Journal - World -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - World -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - Business