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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: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Global economy set to stay on a roll for the rest of the year: Reuters poll: The global economy is likely to carry its solid momentum for the rest of the year ...
reuters.com/business/global-economy-set-stay-roll-rest-year-2024-04-26/
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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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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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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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/
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
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
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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How strong is India’s economy?: It isn’t the next China, but it could still transform itself and the world
economist.com/leaders/2024/04/25/how-strong-is-indias-economy
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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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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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 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
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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Earn bonus points for cycling: A free coffee as a reward for those who take the train or bike instead of the car. An app works according to this principle.
spektrum.de/video/shift-bonuspunkte-fuers-fahrradfahren-verdienen/2214574
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
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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Handelsbanken Earnings Miss as Growing Costs Draw More Focus: Svenska Handelsbanken AB reported first-quarter earnings that missed analyst estimates and signaled ...
bloomberg.com/news/articles/2024-04-24/handelsbanken-earnings-miss-as-growing-costs-draw-more-focus
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Ex-Jane Street Trader Pillories Claims He Stole Trade Secrets: A former Jane Street Group trader who moved to Millennium Management ridiculed his former ...
bloomberg.com/news/articles/2024-04-24/ex-jane-street-trader-pillories-claims-he-stole-trade-secrets
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Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
‘We will miss her desperately, she was bright and brilliant’ – Tributes paid as cyclist killed in Dublin crash
independent.ie/regionals/louth/dundalk-news/we-will-miss-her-desperately-she-was-bright-and-brilliant-tributes-paid-as-cyclist-killed-in-dublin-crash-named/a1410761323.html
Jill Biden launches bike ride for wounded service members, stresses need to support vets
apnews.com/article/jill-biden-wounded-warriors-soldier-ride-vets-7356872ea6203ec80afcd2f9e2e1ff94
M. Marquez' 2025 wishlist: Of course, I would like a factory bike: The Gresini rider claims contact has been made behind the scenes as both he and teams begin to ...
motogp.com/en/videos/2024/04/25/m-marquez-2025-wishlist-of-course-i-would-like-a-factory-bike/496104
Woman cyclist, 69, taken to hospital after collision with bus in Bedok: The woman, who was riding a power-assisted bicycle, was conscious when she was taken to ...
straitstimes.com/singapore/woman-cyclist-69-taken-to-hospital-after-collision-with-bus-in-bedok
Yamaha to test completely new MotoGP bike at Jerez: Fabio Quartararo and Alex Rins will get to trial an all-new Yamaha M1 MotoGP bike during the post-Spanish ...
motorsport.com/motogp/news/yamaha-to-test-completely-new-motogp-bike-at-jerez/10602821/
SC Freiburg coach Christian Streich tells how his bike was stolen after a 3-0 defeat against Wolfsburg
badische-zeitung.de/sc-freiburg-trainer-christian-streich-erzaehlt-wie-ihm-nach-einem-0-3-gegen-wolfsburg-das-fahrrad-ge
Strike after Leverkusen defeat: “Then my bike was gone too”: Video: At the press conference before the Bundesliga game against VfL Wolfsburg ...
kicker.de/streich-nach-leverkusen-niederlage-dann-war-auch-noch-mein-fahrrad-weg-1018991/video
Peloton quietly removes a free perk users loved: The at-home fitness company has been struggling to shore up profit.
thestreet.com/retail/peloton-quietly-removes-a-free-perk-users-loved
Concern at plan to turn 'rare' bomb shelters into bike shed: The bomb shelters were built in the Second World War, when the Luftwaffe targeted the city in the ...
somersetlive.co.uk/news/local-news/very-rare-bath-bomb-shelters-9246397
Better cycle network: Why Steinheim cyclists have to be patient even further: The cycling concept for Steinheim is in place and now it should go to the detailed ...
hz.de/lokales/steinheim/besseres-radnetz-warum-sich-steinheimer-fahrradfahrer-noch-weiter-gedulden-muessen
New bicycle parking spaces for Hüttenberg: Where to go by bike? Suitable parking spaces quickly disappear, especially at larger events in the municipality of ...
mittelhessen.de/lokales/lahn-dill-kreis/huettenberg/neue-fahrradstellplaetze-fuer-huettenberg-3506820
Oskar Weidmann is a trial biker: the Lüneburg student is so good at it that he has already taken part in the youth world championships
landeszeitung.de/lokales/lueneburg-lk/lueneburg/oskar-weidmann-ist-trial-biker-darin-ist-der-lueneburger-schueler-so-gut-dass-er-sich-schon-bei-XFH5QAQ2XZH6FDOPDGCJTSP5IY.html
Baby born at Doncaster bike track returns - and venue is even listed on his birth certificate!
doncasterfreepress.co.uk/news/people/baby-born-at-doncaster-bike-track-returns-and-venue-is-even-listed-on-his-birth-certificate-4604415
Borussia Mönchengladbach | Campaign for members: Support “Team Borussia” in city cycling
borussia.de/de/aktuelles/news/2024-04-24-aktion-fuer-mitglieder-team-borussia-beim-stadtradeln-unterstuetzen
Bicycle measures: New “red carpets” in Waiblingen - what else is coming?: Bicycle measures: New “red carpets” in Waiblingen - what else is coming? - News from ...
zvw.de/lokales/waiblingen/fahrrad-ma%C3%9Fnahmen-neue-rote-teppiche-in-waiblingen-was-kommt-sonst-noch_arid-806011
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Culinary scavenger hunt through Münster: If you want to get to know Münster's shops a little differently, you'll definitely get your money's worth with the ...
wn.de/muenster/kulinarische-schnitzeljagd-tour-kulinarik-2963307
New record for bicycle thefts: expensive bicycles, high damage: Insurers had to pay more for stolen bikes in 2023 than ever before. An expert calls for safe ...
taz.de/!6006635/
National bike register launched in Belgium to prevent theft: Belgium has launched a free national bike register for people aged 13 and older, called mybike ...
thebulletin.be/national-bike-register-launched-belgium-prevent-theft
“Totally shocked”: The bitter odyssey of an e-bike rider: Jürgen Brecht stands with his VanMoof bike in Hamburg-Bahrenfeld. After the bankruptcy ...
abendblatt.de/hamburg/wirtschaft/article242171962/Total-geschockt-Die-bittere-Odyssee-eines-E-Bike-Fahrers.html
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Man racks up thousands in ULEZ fines after misreading rules: A man who misread the rules of TfL's ULEZ racked up thousands of pounds in fines ...
yourlocalguardian.co.uk/news/24271651.man-racks-thousands-ulez-fines-misreading-rules/
The cycling revolution in Paris continues: Bicycle use now exceeds car use : A study indicates that 11.2% of trips in the French capital are made on two wheels ...
english.elpais.com/lifestyle/2024-04-24/the-cycling-revolution-in-paris-continues-bicycle-use-now-exceeds-car-use.html
Custom titanium Firefly MiniVelo bike packs into a suitcase: If you had piles of cash to spend on a custom-made packable bike, what kind would you get? Well ...
newatlas.com/bicycles/titanium-firefly-minivelo-bike-suitcase/
Underline is more than a park. It’s just what Miami needs | Opinion: We need creative urban development to contribute to our quality of life — not simply to ...
miamiherald.com/opinion/editorials/article287906480.html
Rotherham man who gave copper his bicycle so he could chase suspect is found and thanked by police
thestar.co.uk/news/crime/rotherham-man-who-gave-copper-his-bicycle-so-he-could-chase-suspect-is-found-and-thanked-by-police-4603179
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Shots! : Fake Forensics: Inside a Crime Scene Investigation: We go inside a fake crime scene with The University of Portsmouth to find out how forensic teams ...
shotstv.com/watch/vod/52430700
Seattle’s Council sets a transportation vision with more bus, bike lanes: The new 20-year transportation plan for Seattle is mostly aspirational ...
seattletimes.com/seattle-news/seattles-council-sets-a-transportation-vision-with-more-bus-bike-lanes/
Father and son cross the USA by bike on the legendary Route 66: Route 66 is considered legendary. For many it is a dream to cross the USA on the almost 4 ...
donaukurier.de/lokales/landkreis-roth/vater-und-sohn-durchqueren-mit-dem-fahrrad-auf-der-legendaeren-route-66-die-usa-15914523
Dad spots son's stolen bike on Pandora, gets it back after asking politely: A check of the serial number confirmed it was the son’s bike, which was stolen while ...
timescolonist.com/local-news/dad-spots-sons-stolen-bike-on-pandora-gets-it-back-after-asking-politely-8646548
Police hunt brick-hurling yob with pink bag after Hanley salon vandal attack: Windows were smashed at Charlie Brown's Hair Studio on the same night Greggs ...
stokesentinel.co.uk/news/stoke-on-trent-news/police-hunt-bike-riding-brick-9244279
Call for a “peaceful cycling demonstration”: What Katrin Felicetti (33) from Bruckmühle wants to achieve
ovb-online.de/rosenheim/bad-aibling/bruckmuehl-katrin-felicetti-33-ruft-zu-friedlicher-fahrraddemo-am-mai-auf-93027969.html
Can big trucks back across a bike lane? See the latest designs for Cleveland’s Superior Avenue Midway
cleveland.com/news/2024/04/can-big-trucks-back-across-a-bike-lane-see-the-latest-designs-for-clevelands-superior-avenue-midway.html
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World's largest parts manufacturer: Bicycle giant Shimano expects further falling sales
manager-magazin.de/unternehmen/industrie/fahrradriese-shimano-weltgroesster-komponentenhersteller-rechnet-weiter-mit-fallenden-umsaetze-a-2c56e163-8251-4168-b091-dceccb4b82ed
Stolen bike seized and five drivers face action after road safety operation in Cleckheaton, Batley, Birkenshaw and Birstall
dewsburyreporter.co.uk/news/crime/stolen-bike-seized-and-five-drivers-face-action-after-road-safety-operation-in-cleckheaton-batley-birkenshaw-and-birstall-4601678
Death of cyclist in Kilmarnock's MacDonald Drive probed: The 74-year-old was found injured beside his bicycle
heraldscotland.com/news/24274900.death-cyclist-kilmarnocks-macdonald-drive-probed/
Rapido to offer free rides to differently-abled voters in Karnataka: Ride-hailing platform Rapido on Wednesday pledged to offer free bike taxi, auto ...
business-standard.com/companies/start-ups/rapido-to-offer-free-rides-to-differently-abled-voters-in-karnataka-124042400639_1.html
Rostock: Bicycle patrol police officers catch criminals on e-bikes: Robbery, car accident or missing light on the bike - This is all part of the everyday life of ...
ostsee-zeitung.de/lokales/rostock/rostock-polizisten-der-fahrrad-streife-schnappen-straftaeter-auf-e-bikes-5VVM5CV3WJHEZHRZBKBCBVNJSU.html
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Call for witnesses: Cyclist (60) injured in collision with car in Haid: HAID. On Wednesday morning, a car and a bicycle collided at the intersection of ...
nachrichten.at/oberoesterreich/linz/zeugenaufruf-radfahrer-60-bei-kollision-mit-pkw-in-haid-verletzt;art66,3942797
Beer crate on the handlebars - Police stop drunken cyclist in Hof: A cyclist showed off his alcohol consumption on Tuesday afternoon in Hof ...
frankenpost.de/inhalt.bierkasten-am-lenker-polizei-haelt-sturzbetrunkenen-radfahrer-in-hof-an.2cbeb07b-893d-4d11-8fdb-98e5576af8f8.html
Hartlepool man sent to 'big boys' jail for quad bike attack: A Hartlepool teenager has been given the opportunity to turn his life around after a spell in a 'big ...
thenorthernecho.co.uk/news/24271565.hartlepool-man-sent-big-boys-jail-quad-bike-attack/
Arrival and departure for the Osnabrück May Week 2024: By bike, bus, train, e-scooter or by car: An overview of how you can get back and forth to the Osnabrück ...
noz.de/lokales/osnabrueck/artikel/anreise-und-abreise-zur-osnabruecker-maiwoche-2024-46850693
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Hokio Beach: Motorbike man miraculously walks from midnight crash with wild deer on way to Wellington
nzherald.co.nz/horowhenua-chronicle/news/hokio-beach-motorbike-man-miraculously-walks-from-midnight-crash-with-wild-deer-on-way-to-wellington/BCLHMJETUNDL3DYAGBXBYKLHRU/
Making miles count for charity: A charity is looking for cyclists to be charity riders at an annual event.
newarkadvertiser.co.uk/news/making-miles-count-for-charity-9362939/
Milton Keynes TikTok prankster blasts chicken burger into space then feeds it to his mum
northamptonchron.co.uk/news/people/milton-keynes-tiktok-prankster-blasts-chicken-burger-into-space-then-feeds-it-to-his-mum-4601514
Unique bicycle boutique with café in Wismar: luxury bikes for leasing: Bride Hoffmann and Norman Hecke offer high-quality bikes in their shop in Wismar ...
ostsee-zeitung.de/lokales/nordwestmecklenburg/wismar/einmalige-fahrrad-boutique-mit-cafe-in-wismar-luxus-bikes-zum-leasen-4C7YMTKZJNE5ZIEYNJY77KMKHQ.html
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Young women from Werl are sexually harassed on the Eurobahn: Arrest in Soest: Two young women from Werl were sexually harassed on the Eurobahn on Tuesday with ...
soester-anzeiger.de/lokales/werl/junge-frauen-aus-werl-werden-in-eurobahn-sexuell-belaestigt-festnahme-in-soest-93030198.html
Les vélos électriques ont dépassé les vélos traditionnels en termes de ventes l'an dernier
main-echo.de/region/e-bikes-haben-die-herkoemmlichen-raeder-bei-den-verkaufszahlen-im-vergangenen-jahr-uebertroffen-art-8215454
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