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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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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
Elections USA: If Trump wins, conservative revolution expected: In a “PRO Global” series, the NZZ wants to show what consequences a second US presidency of ...
nzz.ch/pro-global/falls-donald-trump-gewinnt-ist-die-weltordnung-bedroht-ld.1825041
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
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
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
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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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/
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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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
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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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
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
It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
on.barrons.com/3JomNl6
Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
The $1.6 Billion Quest to Build America’s Tallest Skyscraper in…Oklahoma: A developer plans a 1,907-foot tower overlooking sprawl and farmland ...
wsj.com/us-news/oklahoma-skyscraper-americas-tallest-eaae69d2
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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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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Man arrested, accused of throwing pipe bomb at Satanic Temple in Massachusetts: An Oklahoma man was arrested after authorities accused him of throwing a pipe ...
nbcnews.com/news/us-news/man-arrested-throwing-pipe-bomb-satanic-temple-massachusetts-rcna148321
ECB Will Need to Make More Cuts This Year and Next After June, Villeroy Says: The European Central Bank will need to make further reductions to interest rates ...
bloomberg.com/news/articles/2024-04-16/ecb-to-cut-more-this-year-and-next-after-june-villeroy-says
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For Oklahoma City residents, building the tallest tower in the United States sows doubts
nypost.com/2024/04/17/real-estate/oklahoma-city-residents-question-the-planned-legends-tower/
Oil Traders Wager on $250 Price by June as War Risk Escalates: Oil traders piled into more than 3 million barrels worth of options contracts in a bet that prices ...
trib.al/ckNH2nm
Cyberbullying, filming fights: Why Granite School District may ban cellphones: Granite School District officials are considering whether or not the district ...
sltrib.com/news/education/2024/04/18/cyberbullying-filming-fights-why/
JPY/USD: Brief Yen Surge Shows Traders Highly Sensitive to Japanese Intervention: The yen’s sudden surge in value Tuesday was the likely result of traders ...
bloomberg.com/news/articles/2024-04-16/brief-yen-surge-shows-traders-highly-sensitive-to-intervention
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US Two-Year Yield Climbs Past 5% to Highest Level Since November - Bloomberg: The US two-year yield rose past 5% to the highest level since November after ...
bloomberg.com/news/articles/2024-04-16/us-two-year-yield-climbs-past-5-to-highest-level-since-november
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What we know about the 4 people accused of kidnapping and killing 2 women in Oklahoma
cnn.com/2024/04/17/us/missing-oklahoma-women-court/
Quick Glance: Suspects Arrested in Case of Missing Kansas Moms
- Four individuals were apprehended and charged in connection with the disappearance of two Kansas moms, including the grandmother of one of the missing children.
- The individuals were apprehended in relation to the disappearance of Veronica Butler, 27, and Jilian Kelley, 39.
- Butler and Kelley, who were acquainted, were reported missing after their vehicle was discovered off Oklahoma State Highway 95 on March 30.
- All four suspects faced charges such as First-Degree Murder and Conspiracy to Commit Murder in the First Degree.
No bond for ‘God’s Misfits’ members accused of murdering Kansas women: Four members of an anti-government group called "God's Misfits ...
nydailynews.com/2024/04/17/gods-misfits-veronica-butler-jilian-kelley-murder-no-bond/
Nebraska pushing hard for state’s top 2025 recruit, Omaha Westside linebacker Christian Jones
omaha.com/sports/huskers/football/nebraska-pushing-hard-for-state-s-top-2025-recruit-omaha-westside-linebacker-christian-jones/article_6f1f7a87-82d4-5212-8ba7-058b9d277b7e.html
OKC artist paints Nex Benedict mural in Plaza District: 'Celebrate the positives'
oklahoman.com/story/news/2024/04/17/okc-artist-paints-nex-benedict-memorial-mural-in-plaza-district/73325795007/
Catholic Charter School Draws Ire of Charter Advocates: An Oklahoma legal battle could lead to the creation of the country’s first religious charter school ...
on.wsj.com/4465ord
40 years before eliminating Dollar Dog Night, the Phillies had a chicken frank controversy
inquirer.com/phillies/phillies-chicken-franks-medford-meats-dollar-dog-night-20240416.html
View the 5 casino plans being pitched for Petersburg: In soliciting bids, the city required applicants include a casino, destination resort, retail shopping ...
richmond.com/news/local/government-politics/petersburg-casino-cordish-ballys-warrenton-rush-penn-bruce-smith/article_80a16ade-fc3e-11ee-a969-bbf6097e1fa3.html
OU football to hire ex-Kansas State, Clemson scout as assistant GM, per report: Chuck Lillie spent the past four seasons as a scouting analyst at Kansas State ...
oklahoman.com/story/sports/college/sooners/2024/04/16/ou-football-hire-kansas-state-clemson-scout-chuck-lillie-assistant-gm-per-report/73347671007/
Why Gov. Stitt should sign bill to protect victims of domestic violence, human trafficking
oklahoman.com/story/opinion/columns/2024/04/18/opinion-stitt-should-sign-bill-to-protect-oklahoma-victims-of-domestic-violence-human-trafficking/73359761007/
Total Wine & More, a liquor store chain, wants to open in Oklahoma. Will the state let it?
oklahoman.com/story/business/real-estate/2024/04/18/total-wine-and-more-wants-open-oklahoma-state-law-hurdles/73205012007/
Updated law to allow educational alcohol tasting for restaurant workers heads to governor's desk
oklahoman.com/story/lifestyle/food/2024/04/18/oklahoma-legislature-passes-bill-to-modernize-alcohol-tasting-laws-restaurant-bar-employees/72845357007/
Microsoft Taking a Relatively Hands-Off Approach to Blizzard: World of Warcraft producer says that Microsoft is helping the studio but has mostly decided to ...
comingsoon.net/games/news/1666353-microsoft-taking-a-relatively-hands-off-approach-to-blizzard
‘Watch out’ for Utah gymnastics in NCAA national championships, national analyst says
sltrib.com/sports/utah-utes/2024/04/16/watch-out-utah-gymnastics-ncaa/
NCAA women’s gymnastics championships: Cal, Stanford seek spots in Four on the Floor
mercurynews.com/2024/04/17/ncaa-womens-gymnastics-championships-cal-stanford-seek-spots-in-four-on-the-floor/
Vine of the times: What to know about wine dinners and what you can learn from them
oklahoman.com/story/lifestyle/food/2024/04/17/wine-dinner-okc-restaurants-list-stella-flint-the-tasting-room/72946756007/
Founder of women's support network visits OKC's new Magdalene House: 'Love is the sole force for change'
oklahoman.com/story/news/2024/04/17/magdalene-house-okc-praised-by-national-founder-becca-stevens-thistle-farms/73243908007/
6 New Songs You Should Hear Now: Hear tracks from Tyla, Chappell Roan, Young Miko and more.
nytimes.com/2024/04/16/arts/music/amplifier-newsletter-new-songs.html
US Bank Earnings: Traders Beat Estimates as Net Interest Income Slumps: Wall Street’s traders are picking up the slack as income from lending slumps across the ...
bloomberg.com/news/articles/2024-04-16/big-us-banks-surprise-trading-haul-blunts-lending-income-slump
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WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
bloomberg.com/news/articles/2024-04-16/wto-chief-warns-of-free-for-all-under-trump-s-tariff-hike-plan
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Fire Engulfs Copenhagen Landmark Old Stock Exchange Building: A fire ripping through Denmark’s old stock exchange building has torn down the structure’s ...
bloomberg.com/news/articles/2024-04-16/copenhagen-landmark-old-stock-exchange-building-is-on-fire
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Quick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
- A blaze engulfed Copenhagen’s historic former stock exchange in Denmark’s capital on Tuesday, with the spire being consumed by flames and collapsing.
- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
IMF Steps Up Its Warning to US Over Ballooning Debt
bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt
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Liechtenstein Is Joining the International Monetary Fund: Liechtenstein, the world’s second-richest country, is set to become the newest member of the ...
bloomberg.com/news/articles/2024-04-16/centuries-old-principality-set-to-become-imf-s-youngest-member
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Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
bloomberg.com/news/articles/2024-04-16/dubai-mansion-sales-soar-as-wealthy-flock-to-palm-shaped-island
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EU Aims for New Iran Sanctions Over Israel Strike in Coming Days: The European Union aims to propose fresh sanctions on Iran over its strike on Israel as early ...
bloomberg.com/news/articles/2024-04-16/eu-aims-for-new-iran-sanctions-over-israel-strike-in-coming-days
Japan’s Finance Minister Warns on Yen Ahead of IMF-G7 Meetings: Japan’s finance minister warned that he’s ready to take all available measures in the foreign ...
bloomberg.com/news/articles/2024-04-16/japan-s-finance-minister-warns-on-yen-ahead-of-imf-g7-meetings
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Emerging-Market Assets Sink to 2024 Low Amid Growth, Rate Risks: The benchmark index for emerging-market equities erased its 2024 advance and the gauge for ...
bloomberg.com/news/articles/2024-04-16/emerging-market-assets-sink-to-2024-low-amid-growth-rate-risks
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USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts: The dollar is headed for its biggest rally in over a year on expectations US interest rates ...
bloomberg.com/news/articles/2024-04-16/usd-dollar-heads-for-best-run-in-year-in-bet-on-fed-delaying-cuts
Scottish Power to Pay £1.5 Million for Overcharging Customers: One of Britain’s largest energy suppliers was slapped with a £1.5 million ($1 ...
bloomberg.com/news/articles/2024-04-16/scottish-power-to-pay-1-5-million-for-overcharging-customers
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Chinese Economy’s Strong Start to 2024 Is Already Fading: China announced faster-than-expected economic growth in the first quarter – along with some numbers ...
bloomberg.com/news/articles/2024-04-16/china-reports-surprisingly-strong-growth-driven-by-industry
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JPY USD: Yen Traders Brace for 160 Level Even as Intervention Risks Rise: A tumbling yen is spurring traders to game plan how much further Japan’s beleaguered ...
bloomberg.com/news/articles/2024-04-16/yen-traders-brace-for-160-level-even-as-intervention-risks-rise
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Emerging Market FX Index Drops to 2024 Low After Iran’s Attack on Israel: The resurgent dollar cut a swath through global emerging-market currencies Tuesday ...
bloomberg.com/news/articles/2024-04-16/emerging-market-fx-index-drops-to-2024-low-after-iran-s-attack-on-israel
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Wise Money Transfer App Revenue Misses Estimates as Payment Volume Growth Slows: Wise Plc reported revenue in its fourth quarter that missed analyst estimates as ...
bloomberg.com/news/articles/2024-04-16/wise-revenue-misses-estimates-as-payment-volume-growth-slows
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Stocks Look More Vulnerable in Asia Than Peers on Fed Re-Pricing: An out-sized selloff in Asian shares on Tuesday is underscoring concerns about the region’s ...
bloomberg.com/news/articles/2024-04-16/stocks-look-more-vulnerable-in-asia-than-peers-on-fed-re-pricing
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T. Rowe Price Says Yen Is at Risk of Falling 10% Against Dollar: The Japanese yen will continue its drop and could slide another 10% to levels not seen since the ...
bloomberg.com/news/articles/2024-04-15/t-rowe-price-says-yen-is-at-risk-of-falling-10-against-dollar
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A Bond Rebound Is Coming. Where to Find Yields From 5% to 8%.: After a tough start to the year, bonds should start to perk up. Where to find yields from 5% to 8% ...
on.barrons.com/4aV6Dvh
US Retail Sales Exceed Forecast and Prior Month Revised Higher: US retail sales rose by more than forecast in March and the prior month was revised higher ...
bloomberg.com/news/articles/2024-04-15/us-retail-sales-exceed-forecast-and-prior-month-revised-higher
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China Home Prices Fall as Slump Shows Few Signs of Abating: China’s home prices continued to fall in March, adding pressure on authorities to step up efforts to ...
bloomberg.com/news/articles/2024-04-16/china-home-prices-fall-as-slump-shows-few-signs-of-abating
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Gold (XAUUSD) Steadies Near Record High With Haven Demand Fueling Rally: Gold steadied near a record high, after surging on Monday as Iran’s strike on Israel ...
bloomberg.com/news/articles/2024-04-16/gold-xauusd-steadies-near-record-high-with-haven-demand-fueling-rally
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Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways
barrons.com/articles/bank-of-america-earnings-preview-b4d97283
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Hedge Fund Founder Sanjay Shah on Trial in UK Over £1.4 Billion Tax Scam: Hedge fund founder Sanjay Shah was accused of being the mastermind behind a ...
bloomberg.com/news/articles/2024-04-15/hedge-fund-founder-sanjay-shah-on-trial-in-uk-over-1-4-billion-tax-scam
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Gold (XAUUSD) Jumps After Iran Strike Against Israel Stokes Haven Demand: Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the ...
bloomberg.com/news/articles/2024-04-14/gold-xauusd-jumps-after-iran-strike-against-israel-stokes-haven-demand
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Quick Glance: New Measures Against Iran and Escalation in West Bank
- The United States intends to take further actions against Iran in the coming days to address the attacks on Israel over the weekend, as announced by US officials on Tuesday.
- To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
Options Buying Gains Steam Across Markets as Traders Seek Cover: Volatility is perking up across markets as investors seek protection amid concern that the ...
bloomberg.com/news/articles/2024-04-15/options-buying-gains-steam-across-markets-as-traders-seek-cover
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Treasury Yields Reach New 2024 Highs After March Retail Sales: Most US Treasury yields climbed to new year-to-date highs — and the 2-year note’s approached 5% — ...
bloomberg.com/news/articles/2024-04-15/treasury-yields-reach-new-2024-highs-after-march-retail-sales
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US Regional Banks Dramatically Step Up Loans to Oil and Gas: A group of US regional banks is ratcheting up lending to oil, gas and coal clients ...
bloomberg.com/news/articles/2024-04-14/us-regional-banks-dramatically-step-up-loans-to-oil-and-gas
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Supply Chain Latest: The Economic Costs of Protectionism: The economists are fighting back.
bloomberg.com/news/newsletters/2024-04-15/supply-chain-latest-the-economic-costs-of-protectionism
Vingroup Gets Nod to Roll Over Half of $625 Million Debt: Bondholders of Vingroup JSC, a major Vietnamese conglomerate whose main businesses include property and ...
bloomberg.com/news/articles/2024-04-15/vingroup-bondholders-nod-to-roll-over-half-of-625-million-debt
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Oil Market Keeps Calm Even as Iranian Missiles Fly: The market is largely unruffled by the assault on Israel amid speculation the conflict will remain contained.
bloomberg.com/news/newsletters/2024-04-15/oil-market-keeps-calm-even-as-iranian-missiles-fly
US Homebuilder Sentiment Stalls as Buyers Wait for Rates to Drop: US homebuilder sentiment leveled off this month after a recent surge as would-be home buyers ...
bloomberg.com/news/articles/2024-04-15/us-homebuilder-sentiment-stalls-as-buyers-wait-for-rates-to-drop
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India Predicts Above-Normal Monsoon in Boost to Economic Growth: India forecast an above-normal monsoon this year, raising optimism that bountiful rains will ...
bloomberg.com/news/articles/2024-04-15/india-predicts-above-normal-monsoon-in-boost-to-economic-growth
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America's national debt: The US is acting recklessly - and is hardly being punished
nzz.ch/meinung/an-amerikas-staatsschulden-kommt-kein-anleger-vorbei-privileg-nutzt-washington-schamlos-aus-ld.1825386
9-year-old's pet octopus adventures go viral on TikTok: An Oklahoma father and son are going viral on TikTok documenting their adventures with a pet octopus and ...
goodmorningamerica.com/family/story/9-year-olds-pet-octopus-adventures-viral-tiktok-109298664
Gold Prices at a Record High Are Keeping Pawn Shops Busy: Record prices pushing toward $2,500 an ounce are proving hard to resist
bloomberg.com/news/articles/2024-04-14/gold-prices-at-a-record-high-are-keeping-pawn-shops-busy
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China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...
bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes
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