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United Airlines jumps 14% as travel demand to drive bumper summer
reuters.com/business/aerospace-defense/united-airlines-jumps-after-results-beat-dramatically-low-expectations-2024-04-17/
Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
Malaysian Assets Defy Selloff Spurred by Middle East Concerns: Malaysia’s assets defied a broad selloff in emerging markets on Friday amid optimism surrounding ...
bloomberg.com/news/articles/2024-04-19/malaysian-assets-defy-selloff-spurred-by-middle-east-concerns
Bond Funds Dangling 5% Yields Lure Cash Back to Active Managers: Bond powerhouses including Pacific Investment Management Co., BlackRock Inc ...
bloomberg.com/news/articles/2024-04-19/bond-funds-dangling-5-yields-lure-cash-back-to-active-managers
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BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Israel-Iran: Another Mideast Shock for Markets: The revenge cycle shows no sign of letting up. Now, Tehran will weigh the level of escalation.
bloomberg.com/opinion/articles/2024-04-19/israel-iran-another-mideast-shock-for-markets
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Oil Poses More Risks for Yen (JPY USD) as Japan Depends on Energy Imports: As if the yen doesn’t have enough reasons to weaken, risks are emerging that higher ...
bloomberg.com/news/articles/2024-04-19/oil-poses-more-risks-for-yen-as-japan-depends-on-energy-imports
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
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Stock Market Today: Dow, S&P Live Updates for April 19: Asian stocks dropped after US shares and Treasuries extended this month’s selloff following solid ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Moody’s Reduces Outlooks on Direct Lending Funds Managed by BlackRock, Oaktree: Moody’s Ratings this week gave private credit investors greater reason for ...
bloomberg.com/news/articles/2024-04-18/three-private-credit-funds-get-moody-s-warning-on-problem-loans
Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho: The new fab to be built near Syracuse, N.Y., could create 50,000 jobs ...
barrons.com/articles/micron-technology-chips-act-funding-3d683fec
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IMF Financial Stability Report: Basis-Trade Section Calls Out Funds’ Bond Wagers: A small group of funds has accumulated such large short wagers in the Treasury ...
bloomberg.com/news/articles/2024-04-18/huge-bond-wagers-make-some-hedge-funds-too-big-to-fail-imf-says
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Why so Many People Seem to Be Taking Adderall These Days: The forces behind this booming drug use.
bloomberg.com/news/articles/2024-04-18/why-so-many-people-seem-to-be-taking-adderall-these-days
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US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
bloomberg.com/news/articles/2024-04-18/us-imposes-fresh-sanctions-on-iran-over-israel-drone-barrage
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Quick Glance: Israeli Push for Sanctions Against Iran Amid ‘Diplomatic Offensive’
- Israel has launched a “diplomatic offensive” against Iran, urging sanctions against the Islamic republic.
- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
US elections: Conservative revolution expected if Trump wins: In a "PRO Global" series, the NZZ wants to show what consequences a second US presidency of Donald ...
nzz.ch/pro-global/falls-donald-trump-gewinnt-ist-die-weltordnung-bedroht-ld.1825041
IMF Says Growth’s Secret Sauce Is American Catch-Up: Data from its latest World Economic Outlook suggest that the more a country’s product and labor markets ...
bloomberg.com/opinion/articles/2024-04-18/imf-says-growth-s-secret-sauce-is-american-catch-up
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Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
bloomberg.com/news/articles/2024-04-18/solar-groups-lobby-biden-to-head-off-sector-roiling-trade-case
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China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth
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
Shopper sparks outrage after 'paying $7 for a single apple:' 'What economy are we all f--king living in?'
nypost.com/2024/04/18/lifestyle/shopper-sparks-outrage-after-paying-7-for-a-single-apple/
Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
thehill.com/homenews/campaign/4601150-summers-trump-term-inflationary-spiral/
Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
bloomberg.com/news/articles/2024-04-18/ayala-s-acen-to-spend-15-billion-to-quadruple-power-capacity
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EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-18/eu-to-discuss-paradigm-shift-at-competitiveness-summit
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle
Reuters photographer wins World Press Photo of the Year with poignant shot from Gaza
apnews.com/article/world-press-photo-year-award-reuters-gaza-205161b1b447a1bba942f427a5ba24c9
LSU senior Haleigh Bryant wins AAI award, given to the nation's top college gymnast
theadvocate.com/baton_rouge/sports/lsu/lsu-gymnast-haleigh-bryant-wins-prestigious-aai-award/article_c05abaf1-7119-531c-b59f-fab3bec80525.html
'Conan O'Brien Must Go' is side-splitting evidence of life beyond late night TV: As the late night TV genre crumbles under sagging viewership and the decline of ...
npr.org/2024/04/18/1245301983/conan-obrien-must-go-review-max-travel
BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
bloomberg.com/news/articles/2024-04-17/boe-governor-expects-sharp-drop-in-uk-inflation-next-month
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Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
bloomberg.com/news/articles/2024-04-17/german-finance-chief-lectures-us-on-spending-at-washington-event
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Dubai airport continues to struggle amid travel chaos after the storm: World’s busiest international airport saw airlines cancel more than 1 ...
ft.com/content/01298bac-c915-432f-af7d-34223335461c
Photos: UAE sees its heaviest rains in 75 years: Schools and businesses were closed across the United Arab Emirates after about a year's worth of rain fell in a ...
npr.org/sections/pictureshow/2024/04/18/1245508621/dubai-floods-rain-uae-oman-photos
Palaces, superyachts and chauffeurs: How the super rich will watch the 2024 Paris Olympics
cnn.com/travel/super-rich-2024-paris-olympics/
U.S. Basketball Writers Association will name women's coaching award after UConn's Geno Auriemma
apnews.com/article/auriemma-award-coach-uconn-5d3d55b5a30074864a4dedde42b34905
Quick Glance: U.S. Basketball Writers Association Honors UConn's Geno Auriemma with Coaching Award Recognition
- The U.S. Basketball Writers Association revealed the decision to name their annual women's national coach of the year award after Geno Auriemma from UConn.
- Having just concluded his 39th season at the school, the 70-year-old coach led the Huskies to their 23rd Final Four.
- Successfully guiding UConn to 11 national championships and six flawless seasons, he has been a standout recipient of the USBA award.
- Auriemma's impressive record of 1,213-162 places him second on the all-time Division I wins list, trailing only three games behind Stanford's Tara VanDerveer.
Vegan chocolate crowned Supreme Champion at Outstanding Food Producer Awards: Mind Your Temper's Black Forest Bonbon is being touted as 'so good it doesn't taste ...
rnz.co.nz/news/national/514660/vegan-chocolate-crowned-supreme-champion-at-outstanding-food-producer-awards
Cannes announces honorary Palme d’Or for Studio Ghibli: This marks the first time the honorary award is going to a group instead of an individual.
japantimes.co.jp/culture/2024/04/18/entertainment-news/news-studio-ghibli-cannes-honorary-palme-dor/
Quick Glance: Studio Ghibli Receives First-Ever Honorary Palme d’Or in Cannes
- The acclaimed Japanese animation house Studio Ghibli, known for films like Spirited Away, My Neighbor Totoro, and Oscar-winner The Boy and the Beast, is set to be honored with an honorary Palme d’Or at Cannes as the first group to receive this prestigious award.
- Typically awarded to individuals, past recipients include Tom Cruise, Michael Douglas, and Harrison Ford, with Star Wars creator George Lucas also being recognized at the 77th edition of the festival.
- Studio Ghibli is synonymous with veteran directors Hayao Miyazaki and Isao Takahata, who have created iconic animated features under the studio's banner over the past four decades.
- Filmmaker Miyazaki has garnered multiple Oscars, and the studio has produced over 20 films, including masterpieces like Princess Mononoke and Howl's Moving Castle. The group acknowledgment highlights Studio Ghibli's significant impact in the film industry.
US tourist shocked by $143,000 cell phone bill on Switzerland holiday: American tourist Rene Remund racked up a $143,000 T-Mobile cell phone bill while traveling ...
metro.co.uk/2024/04/18/us-tourist-shocked-143-000-cell-phone-bill-switzerland-holiday-20676419/
LTA investigating after e-bikes and e-scooters seen racing, will step up enforcement
straitstimes.com/singapore/lta-investigating-e-bikes-e-scooters-seen-racing-at-various-spots-will-step-up-enforcement
EU planning to ditch post-Brexit travel restrictions for UK citizens aged 18 to 30
independent.co.uk/travel/news-and-advice/eu-travel-brexit-visa-uk-citizens-b2530893.html
Quick Glance: EU Proposes Mobility Expansion for UK and EU Youth
- The European Commission has proposed opening negotiations with the UK to allow mobility for millions of 18- to 30-year-olds before Brexit.
- Under the planned agreement, EU and UK citizens aged between 18 and 30 could have the opportunity to stay in the destination country for an extended period.
- The decision by the commission, which was previously strongly against concessions to the UK, is seen as a breakthrough in UK-EU relations.
- If approved, millions of young people could come to the UK to fill the gap left by Brexit in the hospitality sector and at universities.
This Secretly Amazing Laptop Backpack Is Somehow Over Half-Off Right Now: This backpack that's perfect for work and travel has over 80,000 5-star Amazon ratings.
huffpost.com/entry/laptop-backpack-sale_l_66213f7be4b01006be15eba1
How overwater bungalows became a status symbol in luxury travel : The first overwater bungalow in Tahiti was the resort's cheapest option. Today ...
businessinsider.com/overwater-bungalows-became-status-symbol-luxury-travel-2024-4
NGC chairman’s hefty fees revealed: The chairman of the National Gas Company receives a hefty sum in board fees and travelling expenses from his chairmanship of ...
trinidadexpress.com/news/local/ngc-chairman-s-hefty-fees-revealed/article_8e695fa4-fc67-11ee-b96d-070d1a9075a5.html
Rubber duck bobs all the way to Scotland after epic 18-year journey: It was helpfully marked with information about where it set off from in 2006.
metro.co.uk/2024/04/17/rubber-duck-bobs-way-scotland-epic-18-year-journey-20664451/
Train passenger erupts at 'entitled' mum who pinches seat for her child: A woman was branded 'entitled' after expecting fellow passengers to move out ...
mirror.co.uk/travel/news/train-passenger-erupts-entitled-mum-32618923
'Conan O’Brien Must Go' Review: Max's Travel Series Is A Thrill: Conan O'Brien returns with new hilarious travel show that takes him to Thailand, Ireland ...
variety.com/2024/tv/reviews/conan-o-brien-must-go-review-max-1235972675/
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It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
on.barrons.com/3JomNl6
Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed
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Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
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Swiss Parliament Rejects Joining Russia Sanctions Task Force: Switzerland’s parliament rejected a proposal for the government to join a US-led sanctions task ...
bloomberg.com/news/articles/2024-04-17/swiss-parliament-rejects-joining-russia-sanctions-task-force
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Foreigner Investors Set to End Emerging Asia Stock-Buying Streak: Global funds are retreating from emerging markets in Asia, with a five-month buying spree of ...
bloomberg.com/news/articles/2024-04-17/foreigner-investors-set-to-end-emerging-asia-stock-buying-streak
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US Bank Earnings: Traders Beat Estimates as Net Interest Income Slumps: Wall Street’s traders are picking up the slack as income from lending slumps across the ...
bloomberg.com/news/articles/2024-04-16/big-us-banks-surprise-trading-haul-blunts-lending-income-slump
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ECB Will Need to Make More Cuts This Year and Next After June, Villeroy Says: The European Central Bank will need to make further reductions to interest rates ...
bloomberg.com/news/articles/2024-04-16/ecb-to-cut-more-this-year-and-next-after-june-villeroy-says
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WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
bloomberg.com/news/articles/2024-04-16/wto-chief-warns-of-free-for-all-under-trump-s-tariff-hike-plan
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Fire Engulfs Copenhagen Landmark Old Stock Exchange Building: A fire ripping through Denmark’s old stock exchange building has torn down the structure’s ...
bloomberg.com/news/articles/2024-04-16/copenhagen-landmark-old-stock-exchange-building-is-on-fire
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Quick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
- A blaze engulfed Copenhagen’s historic former stock exchange in Denmark’s capital on Tuesday, with the spire being consumed by flames and collapsing.
- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
Oil Traders Wager on $250 Price by June as War Risk Escalates: Oil traders piled into more than 3 million barrels worth of options contracts in a bet that prices ...
trib.al/ckNH2nm
IMF Steps Up Its Warning to US Over Ballooning Debt
bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt
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Liechtenstein Is Joining the International Monetary Fund: Liechtenstein, the world’s second-richest country, is set to become the newest member of the ...
bloomberg.com/news/articles/2024-04-16/centuries-old-principality-set-to-become-imf-s-youngest-member
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JPY/USD: Brief Yen Surge Shows Traders Highly Sensitive to Japanese Intervention: The yen’s sudden surge in value Tuesday was the likely result of traders ...
bloomberg.com/news/articles/2024-04-16/brief-yen-surge-shows-traders-highly-sensitive-to-intervention
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US Two-Year Yield Climbs Past 5% to Highest Level Since November - Bloomberg: The US two-year yield rose past 5% to the highest level since November after ...
bloomberg.com/news/articles/2024-04-16/us-two-year-yield-climbs-past-5-to-highest-level-since-november
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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
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Why the Stock Market Drop Is Far From Over: Stocks opened higher to start Monday’s session, bouncing back after earnings and geopolitical tensions weighed on the ...
barrons.com/articles/stock-market-today-down-earnings-e3eb426b
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EU Aims for New Iran Sanctions Over Israel Strike in Coming Days: The European Union aims to propose fresh sanctions on Iran over its strike on Israel as early ...
bloomberg.com/news/articles/2024-04-16/eu-aims-for-new-iran-sanctions-over-israel-strike-in-coming-days
Japan’s Finance Minister Warns on Yen Ahead of IMF-G7 Meetings: Japan’s finance minister warned that he’s ready to take all available measures in the foreign ...
bloomberg.com/news/articles/2024-04-16/japan-s-finance-minister-warns-on-yen-ahead-of-imf-g7-meetings
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Emerging-Market Assets Sink to 2024 Low Amid Growth, Rate Risks: The benchmark index for emerging-market equities erased its 2024 advance and the gauge for ...
bloomberg.com/news/articles/2024-04-16/emerging-market-assets-sink-to-2024-low-amid-growth-rate-risks
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USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts: The dollar is headed for its biggest rally in over a year on expectations US interest rates ...
bloomberg.com/news/articles/2024-04-16/usd-dollar-heads-for-best-run-in-year-in-bet-on-fed-delaying-cuts
Scottish Power to Pay £1.5 Million for Overcharging Customers: One of Britain’s largest energy suppliers was slapped with a £1.5 million ($1 ...
bloomberg.com/news/articles/2024-04-16/scottish-power-to-pay-1-5-million-for-overcharging-customers
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Chinese Economy’s Strong Start to 2024 Is Already Fading: China announced faster-than-expected economic growth in the first quarter – along with some numbers ...
bloomberg.com/news/articles/2024-04-16/china-reports-surprisingly-strong-growth-driven-by-industry
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JPY USD: Yen Traders Brace for 160 Level Even as Intervention Risks Rise: A tumbling yen is spurring traders to game plan how much further Japan’s beleaguered ...
bloomberg.com/news/articles/2024-04-16/yen-traders-brace-for-160-level-even-as-intervention-risks-rise
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Emerging Market FX Index Drops to 2024 Low After Iran’s Attack on Israel: The resurgent dollar cut a swath through global emerging-market currencies Tuesday ...
bloomberg.com/news/articles/2024-04-16/emerging-market-fx-index-drops-to-2024-low-after-iran-s-attack-on-israel
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Wise Money Transfer App Revenue Misses Estimates as Payment Volume Growth Slows: Wise Plc reported revenue in its fourth quarter that missed analyst estimates as ...
bloomberg.com/news/articles/2024-04-16/wise-revenue-misses-estimates-as-payment-volume-growth-slows
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Stocks Look More Vulnerable in Asia Than Peers on Fed Re-Pricing: An out-sized selloff in Asian shares on Tuesday is underscoring concerns about the region’s ...
bloomberg.com/news/articles/2024-04-16/stocks-look-more-vulnerable-in-asia-than-peers-on-fed-re-pricing
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T. Rowe Price Says Yen Is at Risk of Falling 10% Against Dollar: The Japanese yen will continue its drop and could slide another 10% to levels not seen since the ...
bloomberg.com/news/articles/2024-04-15/t-rowe-price-says-yen-is-at-risk-of-falling-10-against-dollar
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A Bond Rebound Is Coming. Where to Find Yields From 5% to 8%.: After a tough start to the year, bonds should start to perk up. Where to find yields from 5% to 8% ...
on.barrons.com/4aV6Dvh
US Retail Sales Exceed Forecast and Prior Month Revised Higher: US retail sales rose by more than forecast in March and the prior month was revised higher ...
bloomberg.com/news/articles/2024-04-15/us-retail-sales-exceed-forecast-and-prior-month-revised-higher
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China Home Prices Fall as Slump Shows Few Signs of Abating: China’s home prices continued to fall in March, adding pressure on authorities to step up efforts to ...
bloomberg.com/news/articles/2024-04-16/china-home-prices-fall-as-slump-shows-few-signs-of-abating
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flydubai temporarily suspends all departing flights from Dubai: Due to severe weather conditions in the UAE today, April 16th, we regret to announce the ...
emirates247.com/business/travel/flydubai-temporarily-suspends-all-departing-flights-from-dubai-2024-04-16-1.731316
Gold (XAUUSD) Steadies Near Record High With Haven Demand Fueling Rally: Gold steadied near a record high, after surging on Monday as Iran’s strike on Israel ...
bloomberg.com/news/articles/2024-04-16/gold-xauusd-steadies-near-record-high-with-haven-demand-fueling-rally
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