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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.
Profile picture of The Guardian
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
UK consumers feeling more confident about finances, says NatWest boss
Profile picture of The Straits Times
Singapore’s private home price growth slows to 1.4% amid lower sales: In the first quarter of 2024, the total stock of unsold new homes rose to 20,204 units.
straitstimes.com/business/singapore-s-private-home-price-growth-slows-to-14-amid-lower-sales
Singapore’s private home price growth slows to 1.4% amid lower sales
Profile picture of The Guardian
What’s behind the record FTSE 100 high?: Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached ...
theguardian.com/business/2024/apr/23/whats-behind-record-ftse-100-high-uk-explainer
What’s behind the record FTSE 100 high?
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Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...
reuters.com/markets/global-markets-wrapup-1-2024-04-26/
Asia stocks, yen tentative with eyes on BOJ decision
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Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-26/
Morning Bid: Big Tech see-saw flips positive, yen swings wildly
Profile picture of The Wall Street Journal
The New Magic Number for Retirement Is $1.46 Million. Here’s What It Tells Us.: There is no single formula for how much you need to save in your 401(k).
wsj.com/personal-finance/retirement/retirement-savings-needed-increased-2024-9f7c01e0
The New Magic Number for Retirement Is $1.46 Million. Here’s What It Tells ...
Profile picture of DER AKTIONÄR
4.4 million percent with inflation protection: The top stocks against mega inflation - now in the new AKTIEN-Report
deraktionaer.de/artikel/aktien/44-millionen-prozent-mit-inflationsschutz-20356201.html
4.4 million percent with inflation protection
Profile picture of Daily Maverick
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap: Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a ...
dailymaverick.co.za/article/2024-04-25-stocks-hit-as-gdp-brings-worst-of-both-worlds-markets-wrap/
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap
Profile picture of Investor's Business Daily
Investors Sick And Tired Of Inflation Hoard This Asset: Looking for signs that inflation is taking a toll? The closure of 99 Cents Only Stores is one — but so is ...
investors.com/etfs-and-funds/etfs/gold-price-investors-tired-of-inflation-hoard-this-asset/
Investors Sick And Tired Of Inflation Hoard This Asset
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Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut: Stocks tumbled on Thursday, dragged down by growth stocks after dour quarterly ...
nypost.com/2024/04/25/business/dow-tumbles-nearly-700-points-as-new-inflation-fears-dent-hopes-of-fed-rate-cut/
Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed ...
Profile picture of DER AKTIONÄR
High-flyer stocks in times of crisis: With these values ​​you can secure your portfolio
deraktionaer.de/artikel/aktien/ueberflieger-aktien-in-krisenzeiten-mit-diesen-werten-sichern-sie-ihr-depot-20355957.html
High-flyer stocks in times of crisis: With these values ​​you can secure ...
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London stock market strikes record as sentiment lifts globally | kuwaittimes: London stock market strikes record as sentiment lifts globally - Business - ...
kuwaittimes.com/article/13459/business/london-stock-market-strikes-record-as-sentiment-lifts-globally/
London stock market strikes record as sentiment lifts globally | ...
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Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Rooting for Trump to fail has made his stock shorters millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
  • An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.

  • Their bets are driven by the company's poor financials rather than personal feelings towards the former president.

  • Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.

  • Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
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Profile picture of The Atlantic
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/
The 3.5 Percent Inflation Plateau
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RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
RBA to ‘increase interest rates three times’
Profile picture of Reuters
Google parent announces first-ever dividend; beats on sales, profit; shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock ...
reut.rs/3UyBaJX
Google parent announces first-ever dividend; beats on sales ...
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Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Harley-Davidson profit falls 23% on slowing sales, shares tumble
Quick Glance: Harley-Davidson Boosts Profit with New Models
  • Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.

  • The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.

  • Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.

  • Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
Profile picture of Axios (website)
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
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Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket Book: Shares in Kering are down 18 percent this year, and the company's founder ...
robbreport.com/lifestyle/news/kering-future-francois-pinault-1235596657/
Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket ...
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Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount
Profile picture of Robb Report
The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht: Jefferies CEO Rich Handler sold $65 million worth of stock in the company to buy a yacht ...
robbreport.com/motors/marine/rich-handler-yacht-tilman-fertitta-1235594863/
The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht
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Hertz Global eyes worst day on record as EV rental business falters: Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage ...
reuters.com/business/autos-transportation/hertz-global-eyes-worst-day-record-ev-rental-business-falters-2024-04-25/
Hertz Global eyes worst day on record as EV rental business falters
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Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Google parent Alphabet reclaims spot in $2 trillion valuation club
Profile picture of The Sydney Morning Herald
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
Profile picture of hna.de
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
Profile picture of Fox Business
Raising a child in the US is getting even more expensive: The cost of raising a child in the U.S. has gotten exponentially more expensive, averaging about $21 ...
foxbusiness.com/economy/raising-child-us-is-getting-even-more-expensive
Raising a child in the US is getting even more expensive
Profile picture of Insider (news website)
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Stock market today: Dow drops 375 points after weak GDP data
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Anglo American rejects BHP's $39 billion takeover proposal: Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal on ...
reuters.com/markets/commodities/bhp-shares-fall-36-after-making-39-bln-bid-rival-anglo-american-2024-04-26/
Anglo American rejects BHP's $39 billion takeover proposal
Quick Glance: BHP Proposes Acquisition to Anglo American
  • Anglo American receives BHP buyout proposal, reshaping the copper market.

  • The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

  • Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

  • The potential deal could make BHP the world's largest copper producer with market impacts.
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
Profile picture of CNN.com
Google surges after buying back billions of dollars of its own stock: Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for ...
cnn.com/2024/04/25/tech/google-tech-earnings-dividend/
Google surges after buying back billions of dollars of its own stock
Profile picture of ABC News
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
The US economy is cooling off. Why experts say there's no need to worry ...
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Meta loses $200 billion in value as Zuckerberg focuses earnings call on ...
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
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BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
BOJ keeps ultra-low rates, projects inflation near 2% for years
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Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
Profile picture of Axios (website)
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
U.S. economy grew at 1.6% annualized rate in first quarter
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Meta stock sinks as investors ‘caught off guard’ by AI spending plans - National | Globalnews.ca
trib.al/koZAe0e
Meta stock sinks as investors ‘caught off guard’ by AI spending plans - ...
Profile picture of Premium Times
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
Cost of preparing Jollof rice up 29.3% – Report
Profile picture of Kent Live
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Staff at Kent school face redundancies due to rising 'costs and inflation'
Quick Glance: Arrest and Three Injured in Wales School Attack
  • Police urge removal of social media footage to prevent contempt of court and distressing those affected.

  • A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.

  • Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.

  • Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
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Take Five: Fed straight ahead: A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors' focus in the days ahead on the global ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-04-26/
Take Five: Fed straight ahead
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The Surprising Way Inflation Can Be Good for People With Debt: New research shows that most people are unaware inflation can help consumers — by making it easier ...
money.com/inflation-easier-to-pay-off-debt/
The Surprising Way Inflation Can Be Good for People With Debt
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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
US Consumer Sentiment Falls as Inflation Expectations Climb
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A Brief History of the Fed’s Uneasy Peace With the White House: Central bankers are haunted by the danger of political meddling in inflation-control policies.
wsj.com/economy/central-banking/a-brief-history-of-the-feds-uneasy-peace-with-the-white-house-608dee30
A Brief History of the Fed’s Uneasy Peace With the White House
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Your High-Yield Savings Account Is About to Look Less Appealing: High-yield savings accounts are about to pull less of a punch. Here's a look at what to do with ...
kiplinger.com/personal-finance/high-yield-savings-accounts/your-high-yield-savings-account-is-about-to-look-less-appealing
Your High-Yield Savings Account Is About to Look Less Appealing
Profile picture of Daily Maverick
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline
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Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
Stock Market This Week: S&P 500, Nasdaq Finish Higher
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US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet ...
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A $1 million wealth gap now divides white families from Black and Hispanic ones, research shows
nbcnews.com/news/latino/1-million-wealth-gap-white-black-hispanic-families-rcna149252
A $1 million wealth gap now divides white families from Black and Hispanic ...
Profile picture of Bloomberg
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
Inflation Data Reinforce Powell’s Shift Toward High for Longer
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Does fighting inflation always lead to recession? What NZ data tells: Here is what 60 years of New Zealand data shows us.
rnz.co.nz/news/business/515288/does-fighting-inflation-always-lead-to-recession-what-nz-data-tells
Does fighting inflation always lead to recession? What NZ data tells
Profile picture of Insider (news website)
Stock market today: Indexes rise to close best week since November: US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite ...
markets.businessinsider.com/news/stocks/stock-market-news-today-earnings-pce-tech-rally-nasdaq-alphabet-microsoft-2024-4
Stock market today: Indexes rise to close best week since November
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Too Much Donald Trump — and a Bit Too Much Inflation: The former president is trying to convince Americans that Biden is weak by repeating it over and over again ...
bloomberg.com/opinion/articles/2024-04-26/too-much-donald-trump-and-a-bit-too-much-inflation
Too Much Donald Trump — and a Bit Too Much Inflation
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Wall St rises as Big Tech charges higher: Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
Wall St rises as Big Tech charges higher
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Ibovespa Rallies on Positive Inflation Signals: On Friday, the Ibovespa, Brazil's main stock index, soared, marking a significant upturn in its trajectory
riotimesonline.com/ibovespa-rallies-on-positive-inflation-signals/
Ibovespa Rallies on Positive Inflation Signals
Profile picture of The Rio Times
Oil Prices Rise Amid U.S. Inflation Data and Tensions in Rafah: This week, oil markets showed resilience as futures closed higher despite a strong dollar ...
riotimesonline.com/oil-prices-rise-amid-u-s-inflation-data-and-tensions-in-rafah/
Oil Prices Rise Amid U.S. Inflation Data and Tensions in Rafah
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Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March
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Microsoft, Amazon, Nvidia And Alphabet Lead Tech Stock Surge To Two-Month High: The rally from Microsoft, Amazon, Nvidia and Alphabet eased anxiety over ...
forbes.com/sites/segunolakoyenikan/2024/04/26/microsoft-amazon-nvidia-and-alphabet-lead-tech-stock-surge-to-two-month-high/
Microsoft, Amazon, Nvidia And Alphabet Lead Tech Stock Surge To Two-Month ...
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Yen tumbles past 158 against dollar on stubborn U.S. inflation : TOKYO/NEW YORK -- Japan's currency fell past 158 yen to the dollar on Friday in a ...
asia.nikkei.com/Business/Markets/Currencies/Yen-tumbles-past-158-against-dollar-on-stubborn-U.S.-inflation
Yen tumbles past 158 against dollar on stubborn U.S. inflation
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KSBL writes a loss of 25 million francs for the 2023 financial year: After a profit of 2.5 million francs in 2022, the Kantonsspital Baselland (KSBL) slipped ...
bzbasel.ch/basel/baselland/jahresbilanz-im-tal-der-traenen-ksbl-schreibt-einen-verlust-von-25-millionen-franken-fuer-das-geschaeftsjahr-2023-ld.2610918
KSBL writes a loss of 25 million francs for the 2023 financial year
Profile picture of The Wall Street Journal
What to Do With Bonds When Inflation Won’t Die: Readers weigh in, and our columnist responds, on how to invest for income in this market
wsj.com/finance/investing/how-not-invest-bond-market-part-two-cd4e6697
What to Do With Bonds When Inflation Won’t Die