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Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
bloomberg.com/news/articles/2024-04-19/ecb-rate-setters-agree-on-june-cut-but-not-much-else-beyond
Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
How France Is Fighting ‘Shrinkflation’: Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding ...
nytimes.com/2024/04/19/business/france-economy-food-prices-shrinkflation.html
Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
bloomberg.com/news/articles/2024-04-19/macklem-sees-little-impact-of-canada-budget-on-fiscal-track
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Quick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
bloomberg.com/news/newsletters/2024-04-19/bloomberg-evening-briefing-wall-street-ends-the-week-in-a-tech-wreck
Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
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My God, Trump! How dangerous are the nationalist Christians in the USA?: Christian nationalist representatives were present when Trump supporters stormed the ...
nzz.ch/feuilleton/donald-trump-christliche-nationalisten-usa-ld.1825415
Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
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Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
bloomberg.com/news/articles/2024-04-19/biden-trade-chief-sees-conclusion-of-china-tariff-review-soon
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Wall Street Bonus Rules Return to Regulatory Agenda in Third Try: US financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — ...
bloomberg.com/news/articles/2024-04-19/wall-street-bonus-rules-return-to-regulatory-agenda-in-third-try
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Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
trib.al/uJmLexO
Netflix (NFLX) Stock Falls as Weak Revenue Forecast Overshadow Subscriber Adds: Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast ...
bloomberg.com/news/articles/2024-04-18/netflix-adds-9-33-million-customers-crushing-street-forecasts
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Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Tom Brady fuels NFL comeback speculation by sharing video of himself working out shirtless
cbssports.com/nfl/news/tom-brady-fuels-nfl-comeback-speculation-by-sharing-video-of-himself-working-out-shirtless/
2024 NFL Draft: Caleb Williams says he wants to 'play in one place for 20 years,' chase Tom Brady's legacy
cbssports.com/nfl/news/2024-nfl-draft-caleb-williams-says-he-wants-to-play-in-one-place-for-20-years-chase-tom-bradys-legacy/
Marijuana Stocks Gain Momentum on Cannabis Reform Hopes: Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major ...
bloomberg.com/news/articles/2024-04-19/marijuana-stocks-gain-momentum-as-cannabis-reform-hopes-linger
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TDR Capital Nears Deal to Buy Billionaire’s Stake in UK’s Asda: TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as ...
bloomberg.com/news/articles/2024-04-19/tdr-capital-nears-deal-to-buy-billionaire-s-stake-in-uk-s-asda
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Warriors Expected To Evaluate Trade Options On Andrew Wiggins
theringer.com/nba/2024/4/17/24132900/golden-state-warriors-future-steph-curry-klay-thompson-offseason
Quick Glance: Kings-Warriors: Coach Kerr Endorses NBA Play-In
- Coach Steve Kerr supports the NBA play-in tournament for adding excitement to the season.
- The play-in format provided a lifeline for the Kings and Warriors, who wouldn't have made the playoffs in the old system.
- The Kings face challenges due to injuries to key players, while Coach Brown praises the Warriors' core players.
- Brown highlights the impact of Chris Paul and his greatness in the NBA.
African Critical Minerals Output Could Reach $2 Trillion by 2050: Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy ...
bloomberg.com/news/articles/2024-04-19/african-critical-minerals-output-could-reach-2-trillion-by-2050
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Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Hudson Bay Closes $800 Million Fund to Bet on Special Situations: Hudson Bay Capital Management has raised over $800 million to invest in so-called special ...
bloomberg.com/news/articles/2024-04-19/hudson-bay-closes-800-million-fund-to-bet-on-special-situations
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Bond Funds Dangling 5% Yields Lure Cash Back to Active Managers: Bond powerhouses including Pacific Investment Management Co., BlackRock Inc ...
bloomberg.com/news/articles/2024-04-19/bond-funds-dangling-5-yields-lure-cash-back-to-active-managers
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Israel-Iran: Another Mideast Shock for Markets: The revenge cycle shows no sign of letting up. Now, Tehran will weigh the level of escalation.
bloomberg.com/opinion/articles/2024-04-19/israel-iran-another-mideast-shock-for-markets
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Oil Poses More Risks for Yen (JPY USD) as Japan Depends on Energy Imports: As if the yen doesn’t have enough reasons to weaken, risks are emerging that higher ...
bloomberg.com/news/articles/2024-04-19/oil-poses-more-risks-for-yen-as-japan-depends-on-energy-imports
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
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U.K. Retail Sector Posts Weaker March Sales Than Expected: Total U.K. sales volumes were no higher in March than in February, a weaker reading than had been ...
on.wsj.com/4d0KgGJ
Moody’s Reduces Outlooks on Direct Lending Funds Managed by BlackRock, Oaktree: Moody’s Ratings this week gave private credit investors greater reason for ...
bloomberg.com/news/articles/2024-04-18/three-private-credit-funds-get-moody-s-warning-on-problem-loans
IMF Financial Stability Report: Basis-Trade Section Calls Out Funds’ Bond Wagers: A small group of funds has accumulated such large short wagers in the Treasury ...
bloomberg.com/news/articles/2024-04-18/huge-bond-wagers-make-some-hedge-funds-too-big-to-fail-imf-says
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Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho: The new fab to be built near Syracuse, N.Y., could create 50,000 jobs ...
barrons.com/articles/micron-technology-chips-act-funding-3d683fec
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Japan Consumer Prices Rose at Slightly Slower Pace in March: Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but ...
on.wsj.com/3JnRU0g
Why so Many People Seem to Be Taking Adderall These Days: The forces behind this booming drug use.
bloomberg.com/news/articles/2024-04-18/why-so-many-people-seem-to-be-taking-adderall-these-days
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US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
bloomberg.com/news/articles/2024-04-18/us-imposes-fresh-sanctions-on-iran-over-israel-drone-barrage
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Quick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
Warriors must take big swing to add a new title to Steph Curry Era: The Golden State Warriors did not come close to a fifth NBA title with a team built around ...
sfchronicle.com/sports/warriors/article/warriors-take-big-swing-add-new-title-steph-curry-19409003.php
US elections: Conservative revolution expected if Trump wins: In a "PRO Global" series, the NZZ wants to show what consequences a second US presidency of Donald ...
nzz.ch/pro-global/falls-donald-trump-gewinnt-ist-die-weltordnung-bedroht-ld.1825041
IMF Says Growth’s Secret Sauce Is American Catch-Up: Data from its latest World Economic Outlook suggest that the more a country’s product and labor markets ...
bloomberg.com/opinion/articles/2024-04-18/imf-says-growth-s-secret-sauce-is-american-catch-up
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Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
bloomberg.com/news/articles/2024-04-18/solar-groups-lobby-biden-to-head-off-sector-roiling-trade-case
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China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
Shopper sparks outrage after 'paying $7 for a single apple:' 'What economy are we all f--king living in?'
nypost.com/2024/04/18/lifestyle/shopper-sparks-outrage-after-paying-7-for-a-single-apple/
Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
Home Sales in March Had Biggest Decline in 16 Months: Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of ...
on.wsj.com/3Q8Iqdf
Steph Curry Tried to Recruit Caitlin Clark to Under Armor Before Nike Shoe Deal: The Warriors star couldn't quite close the deal, as Caitlin Clark opted to sign ...
si.com/nba/2024/04/18/steph-curry-caitlin-clark-shoe-under-armor-nike
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A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
bloomberg.com/news/articles/2024-04-18/ayala-s-acen-to-spend-15-billion-to-quadruple-power-capacity
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Offseason task for Warriors GM Mike Dunleavy: Fix the faults: Mike Dunleavy was blunt in assessing this year’s Warriors: “We’ve got to get a lot better ...
sfchronicle.com/sports/warriors/article/offseason-task-warriors-gm-mike-dunleavy-fix-19409897.php
Making Stephen Curry ‘giddy’ is only part of Grant Hill’s to-do list for USA Basketball
theathletic.com/5427310/2024/04/19/stephen-curry-grant-hill-usa-basketball/
Eagles' A.J. Brown addresses 'controversy' after making Tom Brady his social media profile picture
cbssports.com/nfl/news/eagles-a-j-brown-addresses-controversy-after-making-tom-brady-his-social-media-profile-picture/
Stephen Curry and wife Ayesha planned new baby around Paris Olympics : Golden State guard Stephen Curry knew he was running out of chances to play in what would ...
nbcnews.com/news/sports/stephen-curry-wife-ayesha-baby-paris-olympics-rcna148314
Story of Victor Wembanyama at Drake Concert Has JJ Redick Convinced He's a Leader
si.com/nba/2024/04/18/victor-wembanyama-drake-concert-jj-redick-convinced-leader
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LeBron, Durant, Steph Curry lead Team USA for Paris Olympics: USA Basketball studied every men's basketball game it has played for about two decades and a ...
sports.inquirer.net/562221/lebron-durant-steph-curry-lead-team-usa-for-paris-olympics
Timberwolves' Anthony Edwards named to Team USA for Paris Olympics: Guard Anthony Edwards expressed his excitement to be joining other NBA superstars such as ...
startribune.com/timberwolves-anthony-edwards-team-usa-basketball-paris-olympics/600359697/
Klay Thompson, Chris Paul lead Warriors’ weighted offseason questions: Klay Thompson will become an unrestricted free agent, while Chris Paul has a ...
rappler.com/sports/nba/klay-thompson-chris-paul-lead-golden-state-warriors-weighted-offseason-questions-2024/
Shirtless Tom Brady gives us a glimpse into his intense workouts in Miami
miamiherald.com/miami-com/miami-com-news/article287810640.html
Klay Thompson, Chris Paul lead Warriors’ weighted offseason questions: Klay Thompson will become an unrestricted free agent, while Chris Paul has a ...
rappler.com/sports/nba/klay-thompson-chris-paul-lead-golden-state-warriors-weighted-offseason-questions-2024/
LeBron James heads star-studded USA team to play in Abu Dhabi ahead of Paris Olympics
thenationalnews.com/sport/2024/04/18/lebron-james-heads-star-studded-usa-team-to-play-in-abu-dhabi-ahead-of-olympic-games/
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
thehill.com/homenews/campaign/4601150-summers-trump-term-inflationary-spiral/
EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-18/eu-to-discuss-paradigm-shift-at-competitiveness-summit
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle
NBA playoffs 2024 -- Is this the end for the Golden State Warriors? - ESPN: Missing the playoffs is not where old and expensive Golden State expected to be two ...
espn.com/nba/insider/story/_/id/39958885/nba-playoffs-2024-end-golden-state-warriors
BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
bloomberg.com/news/articles/2024-04-17/boe-governor-expects-sharp-drop-in-uk-inflation-next-month
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Kurtenbach: The Warriors’ dynasty is over. It ended in embarrassment: Yes, everything is on the table for the Warriors this offseason. And that's because ...
mercurynews.com/2024/04/17/kurtenbach-the-warriors-dynasty-is-over-it-ended-in-embarrassment/
Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
bloomberg.com/news/articles/2024-04-17/german-finance-chief-lectures-us-on-spending-at-washington-event
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Stephen Curry and wife Ayesha planned new baby around Paris Olympics : Golden State guard Stephen Curry knew he was running out of chances to play in what would ...
nbcnews.com/news/sports/stephen-curry-wife-ayesha-baby-paris-olympics-rcna148314
Quick Glance: Stephen Curry and Ayesha Prepare for Paris Olympics with a New Baby
- Stephen Curry realized that his opportunities to participate in his first Olympics were dwindling. As a result, he and his wife Ayesha began planning many months ago on how to navigate the Paris Games for their family.
- Curry was formally announced as part of the original roster for this year's Paris Olympics and has been planning his Olympic debut this summer for quite some time.
- While Curry has achieved numerous milestones in his career, competing in the Olympics holds significant importance as an additional feat.
- Having previously represented Team USA on various occasions, Curry eagerly anticipates the chance to compete in the Olympics this summer, recognizing it as potentially his final opportunity to be part of this prestigious event.
Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed
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Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
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Swiss Parliament Rejects Joining Russia Sanctions Task Force: Switzerland’s parliament rejected a proposal for the government to join a US-led sanctions task ...
bloomberg.com/news/articles/2024-04-17/swiss-parliament-rejects-joining-russia-sanctions-task-force
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Foreigner Investors Set to End Emerging Asia Stock-Buying Streak: Global funds are retreating from emerging markets in Asia, with a five-month buying spree of ...
bloomberg.com/news/articles/2024-04-17/foreigner-investors-set-to-end-emerging-asia-stock-buying-streak
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Stephen Curry tells the AP why 2024 is the right time to make his Olympic debut: Golden State guard Stephen Curry knew he was running out of chances to play in ...
apnews.com/article/olympics-2024-paris-stephen-curry-fd721beb807617fe859ae45692a66e89
LeBron, Curry, Durant head US Olympic 'Dream team' - News | Khaleej Times: USA Basketball confirmed a formidable 12-man roster bristling with NBA talent
khaleejtimes.com/sports/lebron-curry-durant-head-us-olympic-dream-team
Will Warriors keep Chris Paul? Big salary, roster fit make it unlikely: Chris Paul has a year left on his Golden State Warriors deal, but the $30 million is ...
sfchronicle.com/sports/ostler/article/warriors-keep-chris-paul-big-salary-roster-fit-19408269.php
Quick Glance: Chris Paul: An Irreplaceable Mentor on the Path to Championship
- Chris Paul is ready for another playoffs run with the Golden State Warriors, relying on his skills and experience to lead his team to success.
- Paul is regarded as a mercenary, playing a unique role in the NBA by supporting teams in challenging situations to transform them into competitive units.
- His outstanding basketball IQ, defensive abilities, and relentless effort have made Paul one of the best players in the league, consistently delivering positive results.
- While Paul still awaits a championship ring, he remains focused and demanding in terms of his teammates' performance, showcasing his unique ability to motivate and nurture young players.
USA Basketball emphasizes defense, experience on roster for Paris Games: LeBron James, Stephen Curry and Kevin Durant are among the NBA superstars who will ...
washingtonpost.com/sports/2024/04/17/dream-team-roster-paris-olympics/
Clippers’ Kawhi Leonard reportedly gets final roster spot on U.S. Olympic team: Health permitting, Leonard will team up with LeBron James, Anthony Davis ...
ocregister.com/2024/04/16/clippers-kawhi-leonard-reportedly-gets-final-roster-spot-on-u-s-olympic-team/
Cameron Brink's dramatic physical transformation that Stephen Curry is proud of
marca.com/en/basketball/nba/golden-state-warriors/2024/04/17/661fc3ec46163f11a28b4592.html
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