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The Fed Needs to Change but Stay Independent
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'We changed the club', but Arsenal need to reach 'next level'
So close, but yet so far – and the mood was defiant at Arsenal after their final-day win over Everton was not enough to earn a first Premier League title in two decades.BBC News - Top stories -
What You Need to Know About Managing Expenses to Buy and Stay in Your Home
A podcast series examines sustainable homeownership by outlining the financial implications of buying a house.The Wall Street Journal - World -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
Yahoo News - World - United Nations -
Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState
Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp. in an all-stock deal valued at about $2 billion.MarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Fed’s Powell tests positive for COVID-19 for second time
Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.MarketWatch - Business -
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the "Seinfeld" character George Costanza.CNBC - Business - New York -
S&P 500 Futures Edge Up; Gold Prices Rally
S&P 500 and Nasdaq-100 futures advanced slightly while Asian and European markets were mostly up.The Wall Street Journal - World -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new all-time high as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China
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Taiwan's New President Serves Up Predictability in Era of Turmoil
Lai Ching-te gave a carefully calibrated inauguration speech that reflected his delicate status at the fulcrum of tensions between the U.S. and China.The Wall Street Journal - World -
U.S. Tariffs Close Off the Easiest Route to Affordable EVs
A new 25% tariff on Chinese EV batteries and parts could hit Tesla and Ford’s cheapest electric vehicles.The Wall Street Journal - World -
Overseas Shipholding to Be Acquired by Saltchuk in $950 Million Deal
The deal has been unanimously approved by the boards of both companies and is expected to close in the next few months.The Wall Street Journal - World -
Why Lenny Kravitz Works Out in Leather Pants
The musician talks about growing his own food, getting a star on the Hollywood Walk of Fame and making his new album, “Blue Electric Light.”The Wall Street Journal - World -
A Global Tax on Billionaires? Janet Yellen Says 'No'
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax.The Wall Street Journal - World