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U.S. Economy Grew At Slowest Pace Since 2022 Last Quarter—But Still Far From Recession
forbes.com/sites/dereksaul/2024/04/25/us-economy-grew-at-slowest-pace-since-2022-last-quarter-but-still-far-from-recession/
U.S. Economy Grew At Slowest Pace Since 2022 Last Quarter—But Still Far ...
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.
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US Aid to Israel Support Drops as Outrage Over War, Gaza Grows: Support among swing-state voters for US aid to Israel has plunged in the months since the country ...
bloomberg.com/news/articles/2024-04-25/us-aid-to-israel-support-drops-as-outrage-over-war-gaza-grows
US Aid to Israel Support Drops as Outrage Over War, Gaza Grows
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Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
reuters.com/technology/apple-renews-talks-with-openai-iphone-generative-ai-features-bloomberg-news-2024-04-26/
Apple renews talks with OpenAI for iPhone generative AI features ...
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NFL Draft in Detroit Is Part of Football's Year-Round Bid for Attention: Detroit is ready for the first pick. Plus: Abu Dhabi-based startup G42 had to pick ...
bloomberg.com/news/newsletters/2024-04-25/nfl-draft-in-detroit-is-part-of-football-s-year-round-bid-for-attention
NFL Draft in Detroit Is Part of Football's Year-Round Bid for ...
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Biden counters RFK Jr. with Kennedy family endorsements: President Joe Biden will be endorsed by more than a dozen members of the Kennedy family at an event ...
courant.com/2024/04/18/biden-counters-rfk-jr-with-kennedy-family-endorsements/
Biden counters RFK Jr. with Kennedy family endorsements
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
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China: Economy outperforms first quarter forecasts: Strong performance in the manufacturing sector as well as new infrastructure projects helped China's ...
dw.com/en/china-economy-outperforms-first-quarter-forecasts/a-68835129
China: Economy outperforms first quarter forecasts
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Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Stock market today: GDP growth weaker than expected to start the year
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Tesla to cut over 10% of workforce as EV demand cools: Chief Executive Officer Elon Musk revealed the job cuts in an email to staff, citing duplication of roles ...
bloomberg.com/news/articles/2024-04-15/tesla-to-cut-over-10-of-its-global-workforce-electrek-reports
Tesla to cut over 10% of workforce as EV demand cools