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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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Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA: Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp. ...
bloomberg.com/news/articles/2024-04-27/singapore-bank-fires-workers-over-misuse-of-medical-claims-cna
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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Europe faces ‘mortal’ threat, says Emmanuel Macron: French president calls for huge investment push and EU reforms in Sorbonne speech
ft.com/content/01a0657c-ed25-4d7b-add6-568dcc6907f9
Quick Glance: Macron Calls for Stronger European Defense
- Macron urged Europe to adopt a credible defense strategy less dependent on the US.
- He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.
- Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.
- He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.
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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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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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/
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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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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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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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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Speech at the Sorbonne in Paris: Emmanuel Macron calls for a strong Europe: Europe must regain more respect - that was Emmanuel Macron's demand in his new speech ...
de.euronews.com/my-europe/2024/04/25/macron-rede-sorbonne-europa
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
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
5 things to know about Paris' iconic Moulin Rouge: Following the collapse of the sails on its landmark windmill, we take a look at the wild history and the ...
thelocal.fr/20240426/5-things-to-know-about-paris-iconic-moulin-rouge
Quick Glance: Unexpected Collapse of Moulin Rouge Windmill Blades in Paris
- The red windmill blades of the famous Moulin Rouge cabaret collapsed unexpectedly onto the street.
- The cabaret's technicians conduct routine checks on the windmill mechanism, so far without any issues.
- The fire department verified that the collapse resulted in no injuries.
- The Moulin Rouge cabaret in Paris is renowned for its iconic red windmill blades and is a popular landmark.
TotalEnergies beats expectations despite lower gas prices: French energy giant TotalEnergies posted a 22% decline in first-quarter earnings ...
reuters.com/business/energy/totalenergies-q1-net-income-falls-22-lower-gas-prices-2024-04-26/
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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Airport operator ADP Q1 revenue boosted by post-pandemic travel boom: French airport group ADP reported on Friday a better-than-expected rise in first-quarter ...
reuters.com/business/airport-operator-adp-q1-revenue-beats-expectations-traffic-growth-2024-04-26/
Maximilian Maeder claims victory at French Olympic Week: At the Port of Hyeres in France, the Singapore teen needed just one attempt to win the first-to-three ...
straitstimes.com/sport/maximilian-maeder-claims-victory-at-french-olympic-week
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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French music awards Les Flammes shines light on criticized 'urban music' label: The Les Flammes ceremony, to be held on Thursday evening, aims to highlight the ...
lemonde.fr/en/culture/article/2024/04/25/french-music-awards-les-flammes-shines-light-on-criticized-urban-music-label_6669522_30.html
French far-right candidate kicks off campaign but dodges questions: Just hours after Macron's Europe speech, the head of the French far-right party Jordan ...
euronews.com/2024/04/26/eu-elections-french-far-right-candidate-launches-his-campaign-but-avoids-confrontation
France, Germany agree deal to develop Europe's next generation of tanks: French and German defence ministers will sign a landmark deal in Paris on Friday that ...
rfi.fr/en/france/20240425-france-germany-sign-historic-deal-to-develop-europe-s-next-generation-of-tanks
Large supermarket chain wants to cut thousands of jobs: French supermarket chain Casino plans to cut up to 3,200 jobs following its recent takeover by Czech ...
de.euronews.com/business/2024/04/26/grosse-supermarktkette-will-tausende-stellen-streichen
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.: The tire maker vowed to ensure that none of its workers would struggle to make ends meet.
nytimes.com/2024/04/26/business/france-michelin-wages.html
Thousands of flights canceled in France as air traffic controllers strike over pay
english.alarabiya.net/News/world/2024/04/25/thousands-of-flights-canceled-in-france-as-air-traffic-controllers-strike-over-pay
Paris expo recounts global struggles throughout Olympics history: French culture chiefs on Friday unveiled their latest blockbuster exhibition aimed at adding a ...
rfi.my/AYDt.f
La Belle Vie: French gestures and growing old in France: From uncovering the very French origins of the English language to common sounds and gestures French ...
thelocal.fr/20240426/la-belle-vie-french-gestures-and-growing-old-in-france
RSV antibody prevents 5,800 hospitalisations in France: French health authorities released two studies following their rollout of the new preventive antibody ...
euronews.com/health/2024/04/26/study-finds-rsv-treatment-beyfortus-prevents-5800-infant-hospitalisations-in-france
Sanofi profit slips on generic competition and currency effects: Sanofi's first-quarter operating income fell 14.7% as currency effects and cheap competition to ...
reuters.com/business/healthcare-pharmaceuticals/sanofi-q1-profit-slips-generic-competition-forex-effects-2024-04-25/
Quick Glance: Sanofi Struggles with Profit Decline due to Competition and Currency Effects
- In the first quarter, Sanofi's operating income decreased by 14.7%, primarily due to currency effects and competitive pressures on their multiple sclerosis drug Aubagio, despite the increase in sales of the anti-inflammatory drug Dupixent.
- The company emphasized the forecast that adjusted earnings per share (EPS) for 2024 are expected to decrease by a low single-digit percentage, excluding currency fluctuations.
- During a media briefing, Finance chief Francois-Xavier Roger highlighted the impact of the decline in the Argentine Peso on first-quarter international sales.
- Since unexpectedly abandoning the 2025 margin targets last October under a plan to boost spending on drug development, CEO Paul Hudson has been working to restore investor confidence in the company's drug pipeline.
Media: US hopes ATACMS delivery will push Germany to send Ukraine Taurus missiles
kyivindependent.com/us-hopes-atacms-will-push-germany-to-send-ukraine-taurus-missiles/
How to Season Your Food Like the French: Bill Buford on how living in France changed his perspective on black pepper.
newyorker.com/magazine/secret-ingredients/how-to-season-your-food-like-the-french
Nadal says he is not 100% fit ahead of Madrid debut. Spaniard still unsure about playing French Open
arabnews.com/node/2498991/sport
Quick Glance: Encounter between Darwin Blanch and Rafael Nadal in Madrid
- Darwin Blanch will make his debut at the Mutua Madrid Open against Rafael Nadal.
- Blanch has lived in four countries and speaks four languages.
- Under coach Francisco Penalva, he has improved significantly and is part of the ATP's Next Gen Accelerator Programme.
- Alcaraz believes Blanch's match against Nadal will aid his development, encouraging him to enjoy the experience and gain valuable lessons.
French national library quarantines ‘poisonous’ books: The library said handling the books – which were printed in Britain – would probably cause only minor harm ...
straitstimes.com/world/europe/french-national-library-quarantines-poisonous-books
BNP Paribas beat estimates as lower costs offset slump in trading: BNP Paribas beat first-quarter profit forecasts on Thursday as lower expenses and a decent ...
reuters.com/business/finance/bnp-paribas-profit-tops-estimates-lower-costs-global-banking-2024-04-25/
This neighbourhood bistro tucked off an eight-lane road exceeds expectations: Graduating from an espresso bar to a smart French restaurant, 13-year-old Gauge is ...
theage.com.au/goodfood/melbourne-eating-out/this-neighbourhood-bistro-tucked-off-an-eight-lane-road-exceeds-expectations-20240426-p5fmro.html
Atos says it will need more cash than expected: Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to ...
reuters.com/technology/atos-says-group-will-need-more-cash-than-expected-2024-04-25/
When Aishwarya Rai shut down French journo's questions on nudity: ‘Am I talking to my gynaec?’
hindustantimes.com/entertainment/bollywood/when-aishwarya-rai-shut-down-french-journos-questions-on-nudity-am-i-talking-to-my-gynaec-101714126687847.html
Franco-German armaments project: "The Future of Tanks": In Paris, Boris Pistorius and French Defense Minister Sébastien Lecornu sign a declaration of intent for ...
sueddeutsche.de/politik/verrteidigung-panzer-moderne-frankreich-deutschland-boris-pistorius-sebastien-lecornu-1.6634629
Haitian Prime Minister Ariel Henry Resigns: Henry’s resignation opens the way for a new caretaker government that would welcome a foreign, U.S ...
wsj.com/world/americas/haitian-prime-minister-ariel-henry-resigns-59226b69
French lender BNP Paribas beats profit estimates as expenses decline: French lender BNP Paribas beats profit estimates for the first quarter (Q1) as expenses ...
euronews.com/business/2024/04/25/french-lender-bnp-paribas-beats-profit-estimates-as-expenses-decline
Hellenic Bank acquires CNP Cyprus for €182 mln: CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic ...
ekathimerini.com/economy/1237372/hellenic-bank-acquires-cnp-cyprus-for-e182-mln/
French Expression of the Day: Les doigts dans le nez: This French expression has nothing to do with unpleasant personal habits.
thelocal.fr/20240425/french-expression-of-the-day-les-doigts-dans-le-nez
French police break up pro-Palestinian university protest: French police broke up a pro-Palestinian protest by dozens of university students in Paris ...
thelocal.fr/20240425/french-police-break-up-pro-palestinian-university-protest
Europe is 'mortal,' says French president, calls for stronger unity, sovereignty: Emmanuel Macron calls for building a Europe 'capable of showing that it is ...
yenisafak.com/en/news/europe-is-mortal-says-french-president-calls-for-stronger-unity-sovereignty-3682095
Mastering the Art of Making a Cookbook: Adam Gopnik on the editor Judith Jones, who transformed American kitchens by working with author-chefs such as Julia ...
newyorker.com/culture/annals-of-gastronomy/mastering-the-art-of-making-a-cookbook
Le Monde in English Misses Lofty Subscriber Goals But Remains ‘Optimistic’: The French publisher aims to reach 1 million total subscribers by 2025 aided by ...
adweek.com/media/le-monde-english-subscribers-olympics/
As migrants come to Lowell, Cambodian community sees reflection: Welcoming Haitian migrants who have fled violence at home, local residents see themselves from ...
bostonglobe.com/2024/04/26/metro/lowell-migrants-cambodians-war-refugees/
Hundreds of Colonial Village tenants still need housing as deadline to vacate motels looms
dispatch.com/story/news/local/2024/04/26/colonial-village-residents-motel-eviction-deadline-columbus-housing/73416064007/
This is what hip-hop fans can expect at the Haven Beatz Festival: Haven Beatz goes into the third round of the festival on Friday and Saturday, May 24th and 25th ...
nord24.de/bremerhaven/das-erwartet-hip-hop-freunde-beim-haven-beatz-festival-205822.html
US TikTok Divest-or-Ban Bill Raises Questions of How China Will Respond: Now that President Joe Biden has signed off on a law that could expel TikTok from the US ...
bloomberg.com/news/articles/2024-04-24/tiktok-ultimatum-puts-us-firms-in-firing-line-for-china-response
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.
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
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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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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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
Parisians warm up for Olympics with workouts in Louvre museum: Parisians warmed up for the coming Olympics with a series of workouts inside the renowned Louvre ...
reuters.com/sports/parisians-warm-up-olympics-with-workouts-louvre-museum-2024-04-24/
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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French air traffic controllers call off strike, too late for mass cancelations: Unions had called for a major strike on Thursday after a breakdown of ...
lemonde.fr/en/france/article/2024/04/24/french-air-traffic-controllers-cancel-strike_6669378_7.html
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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France's air traffic control strikes ground flights across Europe: Delays and flight cancellations were set to impact swathes of Europe on Thursday ...
reut.rs/3UwTjI7
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