Wti Oil Ends Higher As Talk of Opec Cuts Re Emerges
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Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Oil ends below the day’s highs as panic eases over Israel’s retaliation against Iran
Oil prices on Friday pared much of their overnight gains to settle with a more modest rise as “calmer heads” prevailed after an apparent retaliatory attack by Israel on Iran.MarketWatch - Business - Iran -
Iran's Threat Emerges Into Daylight
Deterrence ‘by deference’ has failed, says Mark Dubowitz, and Tehran is now closer than ever to acquiring nuclear weapons.The Wall Street Journal - World - Iran -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
New exhibit in New York re-creates Israeli music festival attacked on Oct. 7
The objects bear the scars of a massacre.NBC News - Top stories - New York -
Nas’ 'Illmatic' Was the Beginning of the End of the Album
Nas’ critically revered Illmatic hit record store shelves 30 years ago today. The digital age has ensured that there will never be another album like it.Wired - Tech -
The Headache at the End of the Costco Gold Rush
Selling gold bars takes more time and money than stocks, bonds or crypto.The Wall Street Journal - World -
Pacific Northwest emerges as new Hispanic political hot spot
The Pacific Northwest is emerging as a staging ground for Latino political representation, as a trio of federal elected Latina officials from the region face their first reelection campaigns, with others potentially joining them in Congress. From ...The Hill - Politics -
Beyond Black and White Logos, These Are the Emerging Design Trends to Watch
It's not just black and white: Experts say design is moving away from minimalism and shifting to expressive styles, drawing inspiration from the past.Inc. - Business -
P&G Sales Boosted by Higher Prices Outside the U.S.
Higher prices for diapers and razors boosted sales and profits at Procter & Gamble in the latest quarter, but the maker of Pampers and Tide said it held the line on goods in the U.S.The Wall Street Journal - World -
EPA issues waiver allowing higher-ethanol gas to be sold this summer
The Biden administration has issued a waiver allowing fuel with higher ethanol content to be sold during the summer months when gasoline prices typically rise. E15, a fuel blend with 15 percent ethanol, is an estimated $0.25 cheaper than E10 fuel, ...The Hill - Politics -
For a Storied N.H.L. Franchise, the Stakes Have Never Been Higher
The Oilers haven’t won a Stanley Cup since 1990. This team, with its future in limbo, could be Edmonton’s best chance.The New York Times - Sports -
Target Just Made a Bittersweet Change. It’s the End of an Era
DVDs lost the battle to streaming services. Now they're disappearing from shelves.Inc. - Business -
Brunson using season-ending turnover as fuel
Ahead of the Knicks opening up the playoffs against the 76ers, Knicks star Jalen Brunson admitted he spent all summer thinking about his turnover in the closing moments of New York's Game 6 loss to the Miami Heat last spring.ESPN - Sports -
Health Care Roundup: Market Talk
Gain insight on cannabis legalization efforts in Florida, Intuitive Surgical, EssilorLux, and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
Find insights on Press Metal Aluminium, Gold Road’s Gruyere gold mine, Whitehaven Coal and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on E15, Parkland, BP, Nel and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Emergency rooms refused to treat pregnant women, leaving one to miscarry in a lobby restroom
Complaints about pregnant women being turned away from emergency rooms spiked in the months after states began enacting strict abortion laws following the 2022 U.S. Supreme Court decision overturning Roe v. WadeABC News - Health -
Trump hush money trial: Judge sets opening statements for Monday
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
Rise in pregnant women turned away from US emergency rooms, papers show
Cases listed in federal documents raise alarms around emergency pregnancy care, especially in states with strict abortion laws. One woman miscarried in the restroom lobby of a Texas emergency room as front desk staff refused to admit her to the ...The Guardian - World -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Sony in talks to team with Apollo to bid for Paramount
While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City-based Sony film and television studio take the lead in the partnership.Los Angeles Times - Entertainment -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
Schneider Electric Confirms Talks With Bentley Systems
The confirmation from Schneider came after The Wall Street Journal reported the French company was in talks to take control of Bentley in a deal that could be worth more than $15 billion.The Wall Street Journal - World -
Sony in Talks to Join a Bid to Buy Paramount
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.The New York Times - Business -
Mistral in talks to raise €500mn at €5bn valuation
One-year-old French start-up approached by multiple investors who view it as Europe’s answer to OpenAIFinancial Times - Business -
Sony In Talks To Join Bid To Buy Paramount - Report
In the race to acquire Paramount, Skydance Media still has the inside track. But there may be more players pulling up in the rearview. According to The New York Times, an investment firm, Apollo Global Management, is in talks with Sony Pictures ...GameSpot - Tech -
Renée Fleming talks new book, "Music and Mind"
Renée Fleming is a five-time Grammy winner, a Kennedy Center honoree and a longtime advocate for the healing power of the arts. For her new book "Music and Mind," Fleming collected essays from leading scientists, artists and health care providers. ...CBS News - Entertainment -
Tech, Media & Telecom Roundup: Market Talk
Find insight on Pure Storage, Shopify, Canadian telecoms, Intuitive Surgical, and more in the latest Market Talks covering the Tech, Media and Telecom sector.The Wall Street Journal - World -
Transfer Talk: Arsenal will look to get Isak, Olise
Arsenal will be looking to sign both Alexander Isak and Michael Olise in the summer transfer window. Transfer Talk has the latest.ESPN - Sports -
Dak 'fine in any situation' when it comes to deal
Dak Prescott said Friday that negotiations have not really begun with the Cowboys on a new deal, although he had what he termed a "great conversation" with owner and GM Jerry Jones about a month ago.ESPN - Sports -
Five reasons the stock market’s ‘painful’ pullback may be nearing its end
It’s been a painful experience for investors over recent days. But it may soon come to an end says Tom LeeMarketWatch - Business -
End of jury selection in Trump trial caps frenetic first week
The jury selection process in former President Donald Trump's New York trial came to a close on Friday, part of a flurry of activity that marked the end of a dizzying first week.CBS News - Politics - Donald Trump -
How 500 from island of Newfoundland ended up on same cruise by coincidence
The residents of the Atlantic Canadian province chased the same good deal online without prior planning.BBC News - Top stories -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - World - Israel -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - Business - Israel -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel