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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Columbia Bars Student Protester Who Said ‘Zionists Don’t Deserve to Live’: After video surfaced on social media, the student, Khymani James, said on Friday that ...
nytimes.com/2024/04/26/nyregion/columbia-student-protest-zionism.html
Yen (JPY) Short Bets Hit a Record Ahead of BOJ Meeting: Traders upped bearish yen positions to a record high in the days ahead of the Bank of Japan’s policy ...
bloomberg.com/news/articles/2024-04-26/yen-traders-boosted-shorts-to-fresh-record-ahead-of-boj-meeting
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US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
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US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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Tech Rally Propels Emerging Stocks to Best Week Since July: Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months ...
bloomberg.com/news/articles/2024-04-26/em-stocks-head-for-best-week-since-july-on-us-tech-spillover
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UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
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Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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A photographer documented Black cowboys across the U.S. for a new book: NPR's A Martinez speaks with photojournalist Ivan McClellan about his new book ...
npr.org/2024/04/24/1246716227/black-cowboy-culture-ivan-mcclellan-photographer-8-seconds-book
China's ByteDance denies plans to sell TikTok in US: Earlier reports had suggested ByteDance planned to sell the app, without its powerful algorithm ...
dw.com/en/chinas-bytedance-denies-plans-to-sell-tiktok-in-us/a-68926751
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Drop in BOJ’s Bond Holdings Gives Market Taste of Quantitative Tightening: Investors in Japanese government bonds have already had a taste of quantitative ...
bloomberg.com/news/articles/2024-04-26/drop-in-boj-s-bond-holdings-gives-market-taste-of-quantitative-tightening
Dovish BOJ Decision Paves Way for Even Weaker Yen, Analysts Say: The Bank of Japan largely left its monetary policy settings unchanged Friday ...
bloomberg.com/news/articles/2024-04-26/dovish-boj-decision-paves-way-for-even-weaker-yen-analysts-say
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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Gaza protests in the US are expanding: They are targeted and well organized: The student protests in the USA are expanding and are becoming increasingly better ...
nzz.ch/meinung/gaza-proteste-in-den-usa-weiten-sich-aus-sie-sind-gezielt-und-gut-organisiert-ld.1827944
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Snap Stock Jumps After Sales Projections Beat Estimates on Ads: Snap Inc. gained in extended trading after projecting that revenue in the current quarter will ...
bloomberg.com/news/articles/2024-04-25/snap-projects-sales-that-tops-estimates-on-improved-ad-business
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Walmart’s Rob Walton to Retire From Board: Chipotle CEO Brian Niccol will replace his spot on the board of directors.
barrons.com/articles/walmart-rob-walton-retire-board-26c3cd33
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Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar: Bill Gross offered some advice to investors as Treasuries and equities slumped ...
bloomberg.com/news/articles/2024-04-25/bill-gross-says-stick-to-value-over-tech-as-us-yields-soar
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US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
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China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
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Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
Why Do Millennials Feel Compelled To Write 'Lol' After Everything?: "I’ve transitioned to ‘haha’ instead of ‘lol’ because I read that 'lol' is millennial-coded."
huffpost.com/entry/why-do-millennials-write-lol-after-everything_n_6622dd3be4b0167f7bf4e2d0
Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
on.barrons.com/3xSUbhu
Traders See Cocoa Rally Top $15,000 on Lingering Supply Shortage: Cocoa prices have been on a tear this year and the rally may have even more room to run as bean ...
bloomberg.com/news/articles/2024-04-25/traders-see-cocoa-rally-top-15-000-on-lingering-supply-shortage
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
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The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
Household Debt Hits Record High As Indians Splurge, Study Shows: India’s household debt likely surged to a record in the final three months of last year ...
bloomberg.com/news/articles/2024-04-25/household-debt-hits-record-high-as-indians-splurge-study-shows
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Emily Messer inaugurated as Texas Wesleyan University’s 21st president
star-telegram.com/news/local/fort-worth/article287971525.html
Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
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Hundreds Arrested: Students Across U.S. Protest for Palestine as Campus Crackdown Intensifies
democracynow.org/2024/4/25/student_protests_us_campuses_gaza_war
US births retreat after pandemic-era growth: The number of births in the United States fell by 2% in 2023 from the previous year, driven in part by a marked ...
reut.rs/44duC6Y
Quick Glance: Decline in US Births, Teen Births at Record Low: CDC
- The overall number of births in the United States dropped in 2023 as teenage births reached a record low, according to new provisional federal data published early Thursday.
- Between 2015 and 2020, there was an average decrease in the number of births by 2% per year, including a 4% decline from 2019 to 2020.
- There was a slight increase in births by 1% from 2020 to 2021, and the number remained generally stable from 2021 to 2022, according to the report.
Revival in Japanese Stock Market Hinges on Domestic Demand Taking Hold: Japan’s stock market needs to see more domestically-oriented companies step up their game ...
bloomberg.com/news/articles/2024-04-25/revival-in-japanese-stock-market-hinges-on-domestic-demand-taking-hold
US Births Fell Last Year to Lowest Total Since 1979, Report Says: US births declined in 2023 to their lowest level in more than 40 years, continuing a two-decade ...
bloomberg.com/news/articles/2024-04-25/us-births-fell-last-year-to-lowest-total-since-1979-report-says
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Dozens arrested at U of Texas, USC as anti-Israel protests spread to more US campuses
timesofisrael.com/dozens-arrested-at-u-of-texas-usc-as-anti-israel-protests-spread-to-more-us-campuses/
Dave Ramsey explains how your mortgage is key to early retirement: Retiring early is a financial goal that requires planning and lifestyle changes.
star-telegram.com/news/business/article287887730.html
Guatemalan prosecutors raid offices of Save the Children charity: Guatemalan prosecutors have raided the offices of the charity Save the Children ...
apnews.com/article/save-children-guatemala-migration-0ee6f7f801964d9cf151a125bd907ee2
Counties with the most homes selling under list price in Texas: Stacker compiled a list of counties in Texas where homes typically sell below list price using ...
star-telegram.com/news/local/article288050535.html
‘She’s holding it!’ Bear cubs yanked from tree so group can take photos, NC video shows
star-telegram.com/news/nation-world/national/article287830120.html
FTC is sued by business groups over its ban on noncompete agreements, which may delay enforcement
cnn.com/2024/04/25/success/ftc-noncompete-ban-lawsuit/
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Over 100 students arrested in California, Texas as Gaza protests intensify: Police crack down on protests at UT Austin and USC as students at Harvard and Brown ...
aljazeera.com/news/2024/4/25/students-arrested-in-california-texas-as-gaza-war-protests-in-us-intensify
Quick Glance: Demands of Pro-Palestinian Protesters on College Campuses
- Protesters call for universities to divest from companies linked to Israel.
- Demands include investment transparency, cutting academic ties with Israeli universities, and supporting a ceasefire in Gaza.
- Debate over effectiveness of divestment campaigns and potential impact on companies.
- Protests aim for symbolic victory for justice and equality, while experts highlight the limited effect of divestment on companies.
Powerful tornado tears across Nebraska, weather service warns of ‘catastrophic’ damage
cnn.com/2024/04/25/weather/plains-midwest-storms-tornadoes-climate/
Yearlong search for missing woman ends with discovery of bones, Texas officials say
star-telegram.com/news/state/texas/article288009915.html
Bird Flu and Milk: Can Humans Get H5N1? Safety and Risks Explained: A strain of highly pathogenic avian influenza that’s been decimating wild and captive flocks ...
bloomberg.com/news/articles/2024-04-26/bird-flu-and-milk-can-humans-get-h5n1-safety-and-risks-explained
The telltale signs of AI-generated images, video and audio, according to experts
star-telegram.com/news/politics-government/article287880585.html
Did someone win a $95M Texas Lottery jackpot by stacking the odds?: One year ago, a New Jersey firm won a massive Lotto Texas jackpot by making a low-risk bet — ...
houstonchronicle.com/news/investigations/article/texas-lottery-stack-odds-19398045.php
How TCU freshman quarterback Hauss Hejny made the most of spring camp: There have been some ups and downs for freshman quarterback Hauss Hejny ...
star-telegram.com/sports/college/big-12/texas-christian-university/article288011040.html
Botched rollout of redesigned FAFSA leads to steep filing declines for Fort Worth students
star-telegram.com/news/local/education/article287779315.html
Royal Caribbean has stopped going to this popular port
star-telegram.com/news/business/article287936965.html
Donald Trump's MAGA Is Obsessed with Viktor Orban. Liberals Should Be Too.: Let’s stop talking about liberal or illiberal democracy — it’s just democracy.
bloomberg.com/opinion/articles/2024-04-25/donald-trump-s-maga-is-obsessed-with-viktor-orban-liberals-should-be-too
Instead of Biden paying off student debt, let’s try this in higher education instead | Opinion
kentucky.com/opinion/article287986050.html
TCU Spring Game preview: Players/Storylines to watch: TCU has a number of defensive playmakers that could stand out during the spring game ...
star-telegram.com/sports/college/big-12/texas-christian-university/article288014160.html
Tarrant sheriff asks for patience during death investigation of man pepper-sprayed at jail
star-telegram.com/news/local/fort-worth/article288020395.html
23-year-old dies after falling 50 feet from bluff onto California beach, officials say
star-telegram.com/news/nation-world/national/article287978490.html
This ‘Japanese flair’ home went viral on Instagram. Now it’s for sale in Texas. See it
sacbee.com/news/nation-world/national/article287980405.html
A Fort Worth restaurant is closing after 33 years. But it never sold chicken-fried steak
star-telegram.com/entertainment/restaurants/eats-beat/article287987490.html
Inside the dispute nobody in Muenster wanted: Competing German festivals: Cooke County city in North Texas is in the spotlight after Jaycees decided to take ...
star-telegram.com/news/state/texas/article287370120.html
Steer clear of these sunscreen brands during brutal Texas summer. Experts have this to say
star-telegram.com/news/local/article288011350.html
9-year-old girl fatally shot after man is robbed, Texas officials say. He’s indicted
star-telegram.com/news/state/texas/article288024090.html
Ukraine uses long-range missiles secretly provided by US to hit Russian-held areas, officials say
apnews.com/article/russia-ukraine-war-long-range-missiles-4d2254639eb5a503d8b0a291ed0680e9
Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
- The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.
- The delivery was discreet, part of an aid package to maintain Ukraine's operational security.
- The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.
- Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Jefferies CEO Just Sold $65 Million of Company Stock. He’s Buying a Yacht.: Jefferies CEO Rich Handler said the boat will be a “gift to myself and my family” and ...
barrons.com/articles/jefferies-ceo-stock-yacht-0bbe9020
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Family of man killed when Chicago police fired 96 times during traffic stop file wrongful death suit
apnews.com/article/shooting-chicago-police-investigation-3d075a6dc4bc8fa3535d8dd2340446f7
Seizing Russian funds: the USA is tinkering with international law: Congress authorizes President Biden to seize Russian dollar reserves for the reconstruction ...
nzz.ch/international/russische-gelder-beschlagnahmen-die-usa-schrauben-am-internationalen-recht-ld.1827574
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
Biden administration finalizes rule to grant overtime for millions more salaried workers
apnews.com/article/overtime-eligibility-salaried-workers-biden-4bf790961d287794201f13b903fa9119
Quick Glance: Biden Grants Overtime Pay to 4 Million US Workers
- The Biden administration unveiled a rule requiring employers to pay overtime premiums to an estimated 4 million salaried workers earning less than $1,128 per week.
- The salary threshold will be automatically adjusted every three years to reflect changes in average earnings.
- The rule does not affect overtime requirements for hourly workers.
- The new rule is expected to face legal challenges, with many businesses expressing concerns about economic uncertainty and labor shortages.
US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
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Merck to Report Earnings One Month After Major Drug Approval. What Investors Are Watching.
on.barrons.com/3xRK64u
GE Stock Rises Above 2008 Levels. Wall Street Is Staying Bullish.
barrons.com/articles/ge-stock-wall-street-bullish-ae94bab6
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Investors Balk at Private Equity Firms Borrowing Against Their Funds’ Assets: Private equity firms are attempting to get blanket permission to borrow against ...
bloomberg.com/news/articles/2024-04-24/investors-balk-at-pe-firms-borrowing-against-their-funds-assets
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US Oil Refiners’ Profits Seen Taking Hit on Gloomy Outlook (MPC, PSX, VLO): US oil refiners that have been among this year’s strongest S&P 500 performers are ...
bloomberg.com/news/articles/2024-04-24/oil-refining-profits-seen-at-two-year-lows-on-gloomy-outlook
Cocoa Price Swings Are the Craziest Since the 1970s: Cocoa resumed gains in New York, with prices the most volatile in almost five decades amid uncertainty over ...
bloomberg.com/news/articles/2024-04-24/cocoa-price-swings-are-the-craziest-since-the-1970s
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