Yen Likely to Remain Weak Despite Risk Aversion
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Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
Financial Times - World - Federal Reserve -
Natural Gas Falls on Weak Demand
U.S. natural gas futures settled lower with soft demand and the hefty storage overhang weighing on the market despite lower U.S. production.The Wall Street Journal - World -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
›Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Marjorie Taylor Greene moves to oust Republican Speaker Mike Johnson
Firebrand Georgia congresswoman calls for vote on motion next week, deepening party’s civil warFinancial Times - Business -
Yen strengthens as intervention speculation swirls
Financial Times - Business -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
We risk a lost decade for the world’s poor
The elimination of extreme poverty is slipping from our graspFinancial Times - Business -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
Party Like It’s 1989
In the 1980s and ’90s, Dafydd Jones’s party shots captured Manhattan’s rich and powerful.The New York Times - Lifestyle -
German unemployed rate remains at 6% in April
Yahoo News - World - Germany -
Fed chair Powell signals that rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Potatoes will remain classified as a vegetable, not a grain, Collins says
Spuds won’t be considered a starch following protests from more than a dozen senators. Sen. Susan Collins (R-Maine) said she received assurances Wednesday that potatoes will not be reclassified as a grain, a move she feared would give the ...The Hill - Politics -
Stephen Colbert: ‘If you like puppies, you’re not going to like Kristi Noem’
Late-night hosts discuss the South Dakota governor and possible Trump VP pick revealing she killed her family dog . Late-night hosts talk about Kristi Noem’s puppy-killing admission and Donald Trump’s day off from court. Continue reading...The Guardian - World -
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.The Wall Street Journal - Business -
Tens of millions secretly using WhatsApp in countries that ban it
Will Cathcart reveals how many people are secretly using his app in countries where it is banned.BBC News - Top stories -
Netanyahu vows to attack Rafah despite hostage talks
Israeli PM faces pressure from far-right coalition partners to proceed with assault on southern Gazan cityFinancial Times - Business - Israel -
There's No Business Like White House Business
Donald Trump may be an entrepreneur, but that doesn’t mean he’s a good steward of the economy.The Wall Street Journal - World -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays
Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.The Wall Street Journal - World - Federal Reserve -
From Risk to Resilience: Managing Data Security in AI-Driven Enterprises
Strategies to fortify defenses and prioritize data security in the age of artificial intelligence.Inc. - Business -
6 risks to consider before tapping into your home's equity
Borrowing from your home equity can be a smart option to consider, but there are some risks to be aware of, too.CBS News - Top stories -
Vaping tied to increased lead, uranium exposure risk: Research
Vaping by young people led to increased risk of lead and uranium exposure, according to a new study. The study, published Monday in the journal Tobacco Control, found that both people aged 13 to 17 who used e-cigarettes in timespans lasting six ...The Hill - Politics -
Biden administration plans to reclassify marijuana as lower-risk drug
Drug Enforcement Administration seeking to downgrade cannabis from top category to Schedule III, but still short of legalization. The US Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated ...The Guardian - World - Joe Biden -
Greece boosts special firefighting units to cope with its growing heat risk
Under pressure to cope with the impact of rising temperatures, Greece's emergency response planners are shifting tactics this summerABC News - World -
New research shows how a surge of anger could raise heart attack risk
Is anger linked to heart attacks? New research finds that a bout of anger impairs blood vessel function which can raise the risk of atherosclerosis, which in turn raises heart disease risk.NBC News - Top stories -
Private Equity and Traditional Insurers Spar Over Risk Rules
Over the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid securities has become ‘a proxy for private equity’s entrance into the sector,’ says one observer.The Wall Street Journal - World -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - Business - European Union -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - World - European Union -
Japanese government spent $35bn to prop up yen, BoJ figures suggest
Central bank data all but confirms Monday’s market intervention, as currency resumes slide against US dollarFinancial Times - World -
Yen surges against U.S. dollar amid fears of further intervention
Japan’s yen violently strengthened against the U.S. dollar late Wednesday, sparking suspicions of intervention by Japanese authorities.MarketWatch - Business -
Miami Vice is cheesy and brutally unsubtle – but it remains sexy as hell
In this neon dream of a police procedural, Don Johnson and Philip Michael Thomas take on the city’s crime problem while looking as cool as possible. Get our weekend culture and lifestyle emailLinen suits. Boat shoes. Speedboats. Neon. Welcome to ...The Guardian - World