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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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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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North Korea accuses US of politicizing human rights issues: North Korea accused the United States on Saturday of politicizing human rights in the East Asian ...
reuters.com/world/north-korea-accuses-us-politicizing-human-rights-issues-2024-04-27/
Quick Glance: North Korea accuses US of politicizing rights concerns
- North Korea accuses the United States of politically instrumentalizing human rights in the East Asian country, condemning it as political provocation and conspiracy.
- Pyongyang criticized Washington for using human rights as a means for invasions and hostile behavior towards North Korea, threatening decisive actions to safeguard its sovereignty and safety.
- An annual report by the US State Department this week highlighted 'significant human rights issues' in North Korea, including arbitrary killings, enforced disappearances, torture, and other cruel treatments by government authorities.
- Additionally, North Korea criticized the US for urging them to cease missile launches and emphasized the continuation of their space reconnaissance mission to enhance the country's security.
NYC Drivers to Start Paying Congestion Pricing Tolls on June 30: Drivers heading into New York City’s traffic-clogged central business district will start paying ...
trib.al/iwUvV66
Blinken warns China over dual-use sales to Russia, but also praises US-China progress
csmonitor.com/World/Asia-Pacific/2024/0426/Blinken-warns-China-over-dual-use-sales-to-Russia-but-also-praises-US-China-progress
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Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
China’s Distressed Pig Farmers Eye Turnaround as Herd Shrinks: Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the ...
bloomberg.com/news/articles/2024-04-24/china-s-distressed-pig-farmers-eye-turnaround-as-herd-shrinks
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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Back Off, Stagflation. This Stock Rally Isn’t Over Yet.: Microsoft and Alphabet triggered a strong finish for stocks this week, but two earnings reports can’t ...
on.barrons.com/3WcNNvL
Best Countries for Golden Visas: Tips for Applying as Programs End: Spain is the latest country to announce the end of its residency-by-investment program ...
bloomberg.com/news/newsletters/2024-04-25/best-countries-for-golden-visas-tips-for-applying-as-programs-end
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
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Odd Lots Newsletter: Anything But Bonds: Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their thoughts on ...
bloomberg.com/news/newsletters/2024-04-26/odd-lots-newsletter-anything-but-bonds
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Biden must bring the fight to the battleground states: Joe Biden must tout his successes even more aggressively. He must adopt a more populist Bernie ...
thehill.com/opinion/4623342-biden-must-bring-the-fight-to-the-battleground-states/
Quick Glance: Fact Check: Biden Repeats Claim of Arrest for Defending Civil Rights. Still No Evidence
- President Joe Biden reiterated his story of allegedly trying to defend the civil rights of Black Americans on 'The Howard Stern Show.' However, there is no evidence to support his claim of ever being arrested at a civil rights protest, as noted by 'The Washington Post' and 'PolitiFact.'
- Biden has told the story of his supposed presence at a specific protest in Delaware at least twice without mentioning an arrest. He stated that the police simply took him home on that day.
- It is impossible to prove definitively whether Biden was present at this or a similar protest over 60 years ago. He has also made other false claims about his personal life in the past.
- Biden falsely claimed to have 'driven an 18-wheeler' and that he never earned $400,000 in a year. During his 2020 presidential campaign, he claimed to have been 'arrested' as a US senator while trying to visit South African anti-apartheid icon Nelson Mandela in prison, which turned out to be untrue.
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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Phil Houston on Techniques to Identify Lies in Business: Asking the questions others fail to.
bloomberg.com/news/articles/2024-04-26/phil-houston-on-techniques-to-identify-lies-in-business
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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
Blackstone Credit Chief Dellaert Downplays Rivalry With Banks: Blackstone Inc.’s credit chief played down his industry’s rivalry with banks ...
bloomberg.com/news/articles/2024-04-26/blackstone-credit-chief-dellaert-downplays-rivalry-with-banks
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Yen Traders See Risk of Intervention at Highest Since Late 2022: Traders are preparing for Japanese authorities to step in and prop up the yen ...
bloomberg.com/news/articles/2024-04-26/yen-traders-see-risk-of-intervention-at-highest-since-late-2022
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Betting on AMD for AI’s Second Round: Readers weigh in on Nvidia’s competition, gold’s continuing rally, issues with the U.S. government and economy ...
barrons.com/articles/letters-to-the-editor-of-barrons-6c381c96
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Live Trading With Benzinga | April 26th, 2024: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1yNGaZXZZLVJj
Darktrace (DARK) Agrees Sale to Thoma Bravo for $5.32 Billion: Darktrace Plc, the UK-based cybersecurity company, said it agreed to sell itself to private equity ...
bloomberg.com/news/articles/2024-04-26/darktrace-agrees-to-sale-to-thoma-bravo-for-5-32-billion
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Nigeria Bank Stocks Dip as Investors Flee Dilution on New Rules: Nigerian banking stocks have lost more than a quarter of their value since the central bank ...
bloomberg.com/news/articles/2024-04-26/nigeria-bank-stocks-dip-as-investors-flee-dilution-on-new-rules
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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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The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn the Global Order
foreignaffairs.com/china/axis-upheaval-russia-iran-north-korea-taylor-fontaine
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EU Could Muster $215 Billion a Year From Savings, Noyer Says: The European Union could move as much as €200 billion ($215 billion) a year into the real economy ...
bloomberg.com/news/articles/2024-04-26/eu-could-muster-215-billion-a-year-from-savings-noyer-says
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Bored Ape Creator Yuga Labs Dismisses Employees in Restructuring: Yuga Labs Inc., the developer of the popular Bored Ape Yacht Club nonfungible token collection ...
bloomberg.com/news/articles/2024-04-26/bored-ape-creator-yuga-labs-dismisses-employees-in-restructuring
Dave Ramsey says the time to buy a house is now: Personal finance radio host Dave Ramsey says conditions can be right for homebuying if a few money ...
trib.al/bqufdSl
Why a stronger dollar is dangerous: It sets the stage for a nasty new Trump-China clash, among other things
economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous
Will Joe Biden benefit from falling murder rates across America?: Violence seems to be returning to pre-pandemic levels
economist.com/united-states/2024/04/25/will-joe-biden-benefit-from-falling-murder-rates-across-america
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
Key Measure of Bitcoin Mining Profitability Nears All-Time Low: A metric providing a window into the profitability of Bitcoin mining is approaching the all-time ...
bloomberg.com/news/articles/2024-04-26/key-measure-of-bitcoin-mining-profitability-nears-all-time-low
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Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
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‘Extraordinary’: Meghan Markle hits new low: COMMENT
news.com.au/entertainment/celebrity-life/royals/extraordinary-meghan-markle-hits-new-low/news-story/856fbdf4d7fb4cdcb81b1eaae67389d2
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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Congress tells China: sell TikTok or we’ll ban it: Only America’s courts can save the video app now
economist.com/business/2024/04/24/congress-tells-china-sell-tiktok-or-well-ban-it
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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Big Tech Is Spending Big Bucks on AI. Earnings Offer a Peek.: First-quarter tech earnings reflect the massive amounts of spending on artificial intelligence ...
barrons.com/articles/ai-spending-technology-earnings-takeaways-chips-cloud-9df28a0e
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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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Google Earnings Handily Beat Wall Street Targets. Google Stock Dividend Approved.
investors.com/news/technology/google-earnings-google-stock-news-q12024/
RedBird IMI to Drop Telegraph Bid, Leaving UK Paper for Sale: RedBird IMI is set to walk away from its takeover of the Telegraph, according to a person familiar ...
bloomberg.com/news/articles/2024-04-26/redbird-imi-to-kick-off-sale-of-telegraph-after-uk-ban
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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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Adnoc Buys Iraqi Oil in Plan to Export Its Own More Pricey Crude: United Arab Emirates oil giant Abu Dhabi National Oil Co. imported a crude oil cargo in a rare ...
bloomberg.com/news/articles/2024-04-26/adnoc-buys-iraqi-oil-in-plan-to-export-its-own-more-pricey-crude
Somalia detains U.S.-trained commandos over theft of rations: Somalia's government said it had suspended and detained several members of an elite, U.S ...
reuters.com/world/somalia-detains-us-trained-commandos-over-theft-rations-2024-04-26/
Meet Argentina’s richest man: The boss of Mercado Libre ponders Javier Milei, self-doubt and the dangers of wokery
economist.com/the-americas/2024/04/25/meet-argentinas-richest-man
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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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Dengue fever is surging in Latin America: The number of people who succumb to the disease has been rising for two decades
economist.com/the-americas/2024/04/25/dengue-fever-is-surging-in-latin-america
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JPY/USD: Japan's Yen Drops to New 34-Year Low as BOJ Keeps Key Rate Unchanged
bloomberg.com/news/articles/2024-04-26/yen-drops-to-fresh-34-year-low-as-boj-keeps-key-rate-unchanged
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IBD Turns 40! Here's A Look At Our Journey: As Investor's Business Daily turned 40 this month, here's a look at how IBD guided investors through four decades of ...
investors.com/news/stock-market-history-investors-business-daily/
Sweden should hike military budget to 2.6% of GDP, defence committee says: Sweden should raise its military spending to around 2.6% of GDP by 2030 ...
reuters.com/world/europe/sweden-should-hike-military-budget-26-gdp-defence-committee-says-2024-04-26/
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/
CVC Capital, Backers Raise €2 Billion in Long-Awaited Listing: CVC Capital Partners Plc shares soared after the company and its investors raised €2 billion ($2 ...
bloomberg.com/news/articles/2024-04-26/cvc-capital-backers-raise-2-billion-in-long-awaited-listing
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
Muni Regulator Warns About Risks of Buying Build America Bonds: The municipal-bond market’s regulator issued a warning to investors about the risks of buying ...
bloomberg.com/news/articles/2024-04-26/muni-regulator-warns-about-risks-of-buying-build-america-bonds
US Reverses on Plan to Ban Menthol Cigarettes, WSJ Reports: President Joe Biden’s administration is delaying action on a proposed rule to ban menthol cigarettes ...
bloomberg.com/news/articles/2024-04-26/us-reverses-on-plan-to-ban-menthol-cigarettes-wsj-reports
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Quick Glance: Biden administration faces delays in menthol cigarettes ban
- The planned implementation of a ban on menthol cigarettes in the US is expected to take 'significantly more time,' according to US Health and Human Services Secretary Xavier Becerra in a statement on Friday.
- In April 2022, the US Food and Drug Administration (FDA) initially announced the ban on the popular mint flavor, setting a deadline for August 2023. Final rules were sent to the White House Office of Management and Budget for review in October, with the status listed as 'pending.'
- According to the proposed FDA regulations, the manufacturing and sale of menthols would be prohibited, without direct regulation of smokers themselves.
- A prohibition on menthol cigarettes could potentially save up to 650,000 lives over the next 40 years, with a third of these lives being saved within the black community, as stated by the Campaign for Tobacco-Free Kids.
Don’t be gloomy about Tesla and its EV rivals: The industry has had a terrible few months. But demand is likely to pick up
economist.com/leaders/2024/04/24/dont-be-gloomy-about-tesla-and-its-ev-rivals
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/
Best London Nightclubs Suffer From High Property Prices, Soaring Costs: Soaring costs, safety concerns and noise complaints are strangling after-dark economies ...
bloomberg.com/news/features/2024-04-26/best-london-nightclubs-suffer-from-high-property-prices-soaring-costs
Europe is beating inflation. Why can’t America declare victory?: Inflation may have tumbled from multi-decade highs on both sides of the Atlantic ...
cnn.com/2024/04/26/economy/us-europe-inflation-differences/
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.
TikTok Could Be Banned Next Year: 5 Alternatives to Fill the Void: The future of TikTok is a bit fuzzy. Here are similar apps to give your attention to.
cnet.com/tech/services-and-software/tiktok-could-be-banned-next-year-5-alternatives-to-fill-the-void/
South America’s Bonds Are Catching Wall Street’s Eye. What the Attraction Is.: Some money managers are shifting toward solid credits from the likes of Mexico ...
barrons.com/articles/south-americas-bonds-are-catching-wall-streets-eye-what-the-attraction-is-8a87490f
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America’s $61bn aid package buys Ukraine time: It must use it wisely
economist.com/briefing/2024/04/25/americas-61bn-aid-package-buys-ukraine-time
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FTX Auction: Pantera Capital Buys Another Trove of Solana Tokens (SOL): Pantera Capital was among the winning bidders for another trove of discounted Solana ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-buys-another-trove-of-solana-tokens-from-ftx-estate
Stripe Will Let Merchants Accept Stablecoins for Online Transactions: Stripe Inc. is bringing back crypto payments by allowing merchants using its platform to ...
bloomberg.com/news/articles/2024-04-25/stripe-will-let-merchants-accept-stablecoins-for-online-transactions
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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
Ukraine war in the live ticker: +++ 7:05 p.m. USA announces new billion-dollar package for Ukraine +++
n-tv.de/politik/19-05-USA-kuendigen-neues-Milliardenpaket-fuer-Ukraine-an--article23143824.html
The most important climate agency you’ve never heard of : An inept Congress puts America’s Federal Energy Regulatory Commission in the spotlight
economist.com/united-states/2024/04/25/the-most-important-climate-agency-youve-never-heard-of
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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