Massive Lego Set for 'The Office' Includes Kevin's Chili, Dwight's Jell-O Stapler
cnet.com/culture/entertainment/massive-lego-set-for-the-office-includes-kevins-chili-dwights-jello-stapler/
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| Last Updated | Aug 01 22 |
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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.
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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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
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
Paid articlePaid 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
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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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
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
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
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
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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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
Paid articlePaid 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
Paid articlePaid 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: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
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
Paid articlePaidQuick 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
Paid articlePaid 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
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
Paid articlePaid 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
Paid articlePaid 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
Paid articlePaid 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
Paid articlePaid Gold’s Record-Setting Rally May Have Its Roots in Chinese Frenzy: Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher ...
bloomberg.com/news/articles/2024-04-23/gold-s-record-setting-rally-may-have-its-roots-in-chinese-frenzy
Paid articlePaid China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs: China can withstand any new tariffs the world throws at it – even the punitive ones Donald ...
bloomberg.com/news/articles/2024-04-23/china-s-prices-are-just-too-low-for-buyers-to-sweat-about-tariffs
Paid articlePaid 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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FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
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
Paid articlePaid 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
70 Cute Summer Nails to Rock in 2024—Photos and Ideas: If you're bored with neon, here are the biggest summer nails and trends to try this season ...
glamour.com/gallery/best-summer-nail-trends
Young & Restless: What Is Victor's Cage Where He's Kidnapped Jordan?: Young & Restless' Victor has kidnapped Jordan and locked her in a cage ...
soaps.sheknows.com/the-young-and-the-restless/news/727169/where-victor-cage-kidnap-jordan/
JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Wall Street Banks Face CFTC Probe of NDAs in Swaps, Clearing Businesses: A top financial regulator is asking large Wall Street banks for non-disclosure ...
bloomberg.com/news/articles/2024-04-23/nda-probes-are-expanding-to-large-banks-swaps-clearing-businesses
Paid articlePaid New US Presidential Chopper Is Too Hot to Handle: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today ...
bloomberg.com/news/newsletters/2024-04-23/new-us-presidential-chopper-is-too-hot-to-handle
Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
Emerging Markets Extend Bounce to Second Day After US PMI Miss: Emerging-market stocks rose for a second session amid signs of easing tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-23/emerging-market-stocks-sustain-recovery-as-mideast-concerns-ease
Paid articlePaid Crypto Hedge Funds Lured by Returns of Memecoins, Like Dogwifhat (WIF): The hedge fund world appears to be finding the siren song of memecoins irresistible.
bloomberg.com/news/articles/2024-04-23/hedge-funds-lured-by-returns-of-memecoins-like-dogwifhat-wif
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Debate on competitiveness: Europe must dare to be more capitalism: The USA has left the EU behind economically. The Europeans don't want to admit why this is: ...
spiegel.de/wirtschaft/wettbewerbsfaehigkeit-europa-muss-mehr-kapitalismus-wagen-a-2db11cb6-02c2-407b-acbf-37647461f52e
Switzerland Blocks More Than $14 Billion of Russian Assets: Switzerland has blocked 13 billion francs ($14.3 billion) in Russian assets held in the country ...
bloomberg.com/news/articles/2024-04-23/switzerland-says-it-s-blocked-14-2-billion-of-russian-assets
Paid articlePaid New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
Paid articlePaid Ireland Forecasts Surplus Rise on Record Corporation Taxes: Ireland has forecast a budget surplus of €8.6 billion ($9.2 billion) this year ...
bloomberg.com/news/articles/2024-04-23/ireland-forcasts-8-6bn-surplus-on-corporation-tax-receipts
Paid articlePaid Cash-Advance Company Sued by New York Got Funding From Hedge Fund Billionaire: One man started a cash-advance company. The other was a retired investing legend ...
bloomberg.com/news/articles/2024-04-23/cash-advance-company-sued-by-new-york-got-funding-from-hedge-fund-billionaire
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All Powers Great and Small: Why Bigger Isn’t Always Better in Geopolitics: Why bigger isn’t always better in geopolitics.
foreignaffairs.com/reviews/all-powers-great-and-small-states
Paid articlePaid China’s Sovereign Fund Ramped Up ETF Purchases to Lift Stocks: China’s sovereign wealth fund likely bought at least $43 billion of onshore exchange-traded funds ...
trib.al/CDBX9v2
Bubble Tea Maker Chabaidao Debuts After HK’s Biggest IPO of 2024: Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co., also known as Chabaidao ...
bloomberg.com/news/articles/2024-04-22/bubble-tea-maker-chabaidao-debuts-after-hk-s-biggest-ipo-of-2024
Paid articlePaid Commodities Are a ‘Win-Win’ With $100 Crude Oil in Sight, Carlyle’s Currie Says: Commodities look like a “win-win” for investors as climbing prices reflect ...
bloomberg.com/news/articles/2024-04-23/commodities-are-a-win-win-with-100-crude-oil-in-sight-carlyle-s-currie-says
Hedge Funds Snap Up Japan Rates Traders With Prospect of Higher Salaries: The upending of Japan’s government bond markets after almost a decade of predictability ...
bloomberg.com/news/articles/2024-04-22/hedge-funds-snap-up-japan-rates-traders-in-bet-on-comeback
Paid articlePaid PepsiCo’s Earnings Are Tuesday. Wall Street Is Looking Further Ahead.: PepsiCo’s results are expected to highlight the challenge consumer-products companies face ...
barrons.com/articles/pepsico-stock-earnings-c87a4297
Paid articlePaid Why UBS Has Turned Cautious on Megacap Tech Stocks
barrons.com/articles/megacap-tech-stocks-downgrade-30228ec2
Paid articlePaid Bond-Market ‘Washout’ Near, Setting Up a Moment to Buy, JPMorgan’s Michele Says: ‘I’m trying to hang onto all my fingers and toes and keep my discipline ...
bloomberg.com/news/newsletters/2024-04-22/bond-market-washout-near-setting-up-a-moment-to-buy-jpmorgan-s-michele-says
Bitcoin Rises After ‘Halving.’ Why Cryptos Could Be Due for a Fall.: Bitcoin prices show technical signs of weakness after last week’s selloff and some analysts ...
on.barrons.com/3xDXU2f
Denmark Starts Its Largest-Ever Offshore Wind Power Tender: Denmark has kicked off its largest-ever wind power tender that will more than triple its offshore ...
bloomberg.com/news/articles/2024-04-22/denmark-starts-its-largest-ever-offshore-wind-power-tender
PBOC Chief Seeks Faster Debt Restructurings, Clarity on Fairness: The head of China’s central bank sees debt restructurings among poor countries moving too slow ...
bloomberg.com/news/articles/2024-04-22/pboc-chief-seeks-faster-debt-restructurings-clarity-on-fairness
Paid articlePaid China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
Europe's Annual Weather Report Highlights Floods, Wildfires, Heat in 2023: The continent, which is warming faster than any other region on the planet ...
bloomberg.com/news/articles/2024-04-22/europe-s-annual-weather-report-highlights-floods-wildfires-heat-in-2023
Paid articlePaid Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
Paid articlePaid Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches New Way: The Federal Reserve is stuck in a mode of forecasting and public communication ...
bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way
China Property Tycoon Chen Hongtian Faces Payment Demands on $200M of Loans: A Chinese tycoon who had snapped up mansions and offices in Hong Kong and London ...
bloomberg.com/news/articles/2024-04-22/chinese-property-tycoon-faces-payment-demands-on-overdue-loans
Paid articlePaid Some young people see Trump as an answer to their economic woes: Concerns about Biden's age and his support of Israel in its war against Hamas in Gaza have ...
reuters.com/world/us/chance-trump-youth-rally-see-him-answer-economic-woes-2024-04-21/
ECB’s Villeroy Says Oil Uncertainty Won’t Stop June Rate Cut: The European Central Bank won’t be swayed from a first interest-rate cut in June by oil price ...
bloomberg.com/news/articles/2024-04-21/ecb-s-villeroy-says-oil-uncertainty-won-t-stop-june-rate-cut
Paid articlePaid Stock Market Today: Dow, S&P Live Updates for April 22: Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for ...
bloomberg.com/news/articles/2024-04-21/asian-traders-brace-for-key-data-us-futures-rise-markets-wrap
Paid articlePaid UK Energy Bills Could Rise by £29 Billion on High Rates, Green Investments: Persistently high interest rates could add £29 billion ($36 billion) a year to UK ...
bloomberg.com/news/articles/2024-04-21/uk-energy-bills-could-rise-by-29-billion-on-high-interest-rates
Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
bloomberg.com/news/articles/2024-04-19/economists-dial-up-us-gdp-forecasts-temper-fed-rate-outlook
Paid articlePaid 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
Paid articlePaid
Ukraine aid: Trump relents, now Europe must step up: The new American arms aid is a huge relief for the hard-pressed Ukraine. But no one can rely on this being ...
nzz.ch/international/trump-lenkt-ein-und-unterstuetzt-die-ukraine-jetzt-muss-westeuropa-nachdoppeln-ld.1827299
Quick Glance: Ukraine Aid: Europe Must Step Up
- American military aid brings relief to Ukraine, but doesn't guarantee a turnaround in the defense war.
- Trump's approval remains uncertain, and political support in Washington is volatile.
- Russia's structural superiority and US political volatility call for increased support for Ukraine.
- Defending against Putin's imperialism becomes a long-term task - Europe needs to invest more in defense.
TikTok Divest-or-Ban Bill Expected to Become US Law Within Days: The US House on Saturday put legislation forcing TikTok’s Chinese parent ByteDance Ltd ...
bloomberg.com/news/articles/2024-04-20/tiktok-divest-or-ban-bill-expected-to-become-us-law-within-days
Paid articlePaidQuick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
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
Finally, America’s Congress does right by Ukraine: Disaster has been dodged. But the political malaise that delayed the Ukraine funding bill remains
economist.com/leaders/2024/04/20/finally-americas-congress-does-right-by-ukraine
Ireland Must Speed Up Planning System on Housing, Makhlouf Warns: Ireland must speed up its planning application system if it is to increase housing supply ...
bloomberg.com/news/articles/2024-04-16/ireland-must-speed-up-planning-system-on-housing-makhlouf-warns
Paid articlePaid
EXCLUSIVE: Kind Founders Reveal How They're Building A Better Web3 For Creators, Gamers And Communities -
benzinga.com/markets/cryptocurrency/24/04/38327580/exclusive-kind-founders-reveal-how-theyre-building-a-better-web3-for-creators-gamers-and-c
Everything Oil: Future of the Most Versatile Food Oil May Lie in Latin America: The world is facing a growing shortage of its most versatile edible oil ...
bloomberg.com/news/articles/2024-04-14/everything-oil-future-of-the-most-versatile-food-oil-may-lie-in-latin-america
Paid articlePaid America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
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