Uk Inflation Dips Slightly to 105 But People Continue to Feel Pinch
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Why biscuits are cheaper but we're still feeling the pinch
Our experts explain why your finances are still under strain despite inflation falling.BBC News - Top stories -
GDP rises in February increasing hopes UK is out of recession
The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost.BBC News - Top stories - United Kingdom -
U.S. consumer sentiment falls slightly as outlook for inflation worsens
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.NBC News - Top stories -
Comex Gold Settles 1.08% Higher at $2354.80
Front month Comex gold for April delivery gained 1.1% to settle at $2354.80 per troy ounce to a new record high.The Wall Street Journal - World -
Consumer Sentiment Dips More Than Expected as Stubborn Inflation Takes a Toll
The University of Michigan consumer sentiment index fell in April, as moods dim about both the current state of the economy and where it could be headed.Inc. - Business -
Evacuations for 11,000 people as Ruang Volcano eruptions continue
Yahoo News - World -
Is UK inflation still falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
Inflation hits two-and-a-half year low as meat prices fall
New official figures show that inflation, the rate at which prices rise over time, fell again in March.BBC News - Top stories - Inflation -
The Reliability of Hydropower in a Pinch
It is the only renewable energy source capable of complementing intermittent generation from solar and wind.The Wall Street Journal - World -
BoE’s Bailey insists UK ‘on track’ to quell inflation
Governor keen to set his own course on interest rate cuts but may find it uncomfortable to move faster than the FedFinancial Times - Business - United Kingdom -
FTSE 100 Live 10 April: Shares near record high ahead of US inflation, Tesco profits up, THG sales dip
Tesco boss Ken Murphy today hailed the supermarket’s strong performance after reporting a 12.8% rise in annual operating profits to £2.8 billion. Other companies in the results spotlight today include the beauty and nutrition business THG and the ...Yahoo Sports - Sports -
EU proposes some free movement for UK young people
The EU Commission says UK and EU citizens under 30 should be able to work or study for up to four years.BBC News - Top stories - United Kingdom -
Brussels proposes return to pre-Brexit mobility for UK and EU young people
Commission to seek approval from leaders to start talks with UK on visa-free exchanges for 18- to 30-year-olds. The European Commission has proposed opening negotiations with the UK to allow mobility enjoyed before Brexit to millions of 18- to ...The Guardian - World - United Kingdom -
NatCon conference continues in Brussels after police leave without enforcing closure – UK politics live
Mayor of Brussels reportedly told police to close down NatCon conference as Nigel Farage was speaking. At 12.30pm a transport minister will respond to an urgent question in the Commons tabled by Labour on job losses in the rail industry. That ...The Guardian - World - United Kingdom -
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.CNBC - Business - United Kingdom -
UK inflation falls less than expected to 3.2% in March
Rate of price increases falls below US for first time since 2022Financial Times - World - United Kingdom -
‘I had to do an 80-mile trip’: people in UK describe stress of drug shortages
Vital cystic fibrosis drug and HRT among medications people have struggled to find, as shortages become ‘new normal’ in UK. Patients have described the effect on their health and wellbeing of the “new normal” of drug shortages in the UK, which has ...The Guardian - World - United Kingdom -
We're dipping our toes into this down market with a buy of an industrial stock
We anticipate management will be aggressive this year reshaping its portfolio, and we are buyers ahead of these key moves.CNBC - Business -
Startup CEO Salaries Dip in 2024
A new report shows that CEO salaries have decreased this year--mostly due to Series B struggles--and that a gender pay gap persists.Inc. - Business -
Middle East oil shock would lead to higher interest rates, warns IMF; FTSE 100 tumbling – business live
IMF scenario shows how a 15% jump in oil prices would push up global inflation by 0.7 percentage points. Try the Be the Chancellor toolUK unemployment rate leaps to 4.2% amid fears of job cutsThe Resolution Foundation have dug into today’s UK jobs ...The Guardian - World -
UK inflation falls to lowest level since late 2021 as food prices ease further
Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food pricesABC News - World - United Kingdom -
Apple Is Making It Slightly Easier to Repair Your iPhone
After pressure from state lawmakers, Apple is making concessions on “parts pairing.” Right-to-repair advocates say it’s the bare minimum.Wired - Tech - Apple -
SPDR Gold Rises as Prices Near $2,400 an Ounce
Gold futures added more than 1% as the precious metal settled just shy of $2400 an ounce.The Wall Street Journal - World -
Dollar Slightly Higher After Powell Comments
The dollar was slightly higher after Fed Chair Jerome Powell kept a hawkish tone.The Wall Street Journal - World -
How I Built an AI-Powered, Self-Running Propaganda Machine for $105
I paid a website developer to create a fully automated, AI-generated ‘pink-slime’ news site, programmed to create false political stories. The results were impressive—and, in an election year, alarming.The Wall Street Journal - World -
US reimposes oil sanctions on Venezuela after broken election promises
Biden administration says Maduro has ‘fallen short’ on pledge of free and fair presidential raceFinancial Times - World -
London Tide, National Theatre — Dickens turned into restless river drama with music by PJ Harvey
Stories ebb and flow in Ben Power’s play at London’s National TheatreFinancial Times - World -
China is moving towards full monetary independence
The country needs to inflate away its high debt burdenFinancial Times - World - China -
IMF warns fiscal deficits could dent global economy
Also in this newsletter: UK inflation dips, AI demand hits electricity supplies, the rise of ‘Quit-Tok’Financial Times - World -
Iran raises the stakes with attack on Israel
Will Netanyahu heed calls for a measured response?Financial Times - World - Iran -
Oil prices dip after Iran attack on Israel
Prices had already risen in expectation of action, with Brent crude near a six-month high last week.BBC News - Top stories - Iran -
U.S. Stocks Erase Early Gains
U.S. stocks extended recent declines as March retail sales increased more than expected, causing traders scale back bets on Fed rate cuts.The Wall Street Journal - World -
Internet Traffic Dipped as Viewers Took in the Eclipse
Internet traffic dropped by 40 percent or more during the eclipse in states in the path of totality, including Maine, New Hampshire and Ohio, Cloudflare found.The New York Times - Science -
Biden's approval rating dips among young voters
New CBS News polling shows President Biden's approval rating has dipped among younger Americans. CBS News campaign reporter Taurean Small has more.CBS News - Top stories - Joe Biden -
Rockies' P Kyle Freeland appears to avoid injury after collision at home plate while pinch running
Freeland was pinch running due to the Rockies being thin on their bench.Yahoo Sports - Sports -
Josh Smith's pinch-hit double in the ninth gives the Rangers a 5-4 win over the Tigers
Josh Smith’s pinch-hit double in the top of the ninth drove home the winning run and the Texas Rangers beat the error-prone Detroit Tigers 5-4 on WednesdayABC News - Sports - MLB -
BMW sales up slightly in Q1 as carmaker hits electric milestone
BMW delivered a total of 594,671 vehicles in the first quarter, a rise of 1.1% on the same time last year, according to a statement from the company. Sales of electric vehicles were at 82,700 during the first three months of the year, ...Yahoo Sports - Sports -
Johnson & Johnson’s stock falls as profit beats but sales fall slightly short of estimates
Johnson & Johnson’s stock was on pace for its lowest close since late 2020 on Tuesday, after the healthcare company posted better-than-expected profit for the first quarter but sales that fell slightly short of expectations.MarketWatch - Business -
The WSJ Dollar Index Falls 0.3% to 100.33
The WSJ Dollar Index was down 0.3% today to 100.33 — snapping a five-trading-day winning streak.The Wall Street Journal - World -
Some Words Feel Truer in Spanish
To me, a maleta meant family had arrived from Peru, carrying flavors, textures and memories of my birthplace.The New York Times - Top stories