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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
Meet the AI Expert Advising the White House, JPMorgan, Google and the Rest of Corporate America
wsj.com/tech/ai/ai-expert-mollick-white-house-jpmorgan-google-d8fd440f
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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TikTok ban could escalate US-China trade war, ex-White House CIO tells The Reg: Doing business in Beijing? 'You need to do a what-if scenario'
theregister.com/2024/04/26/tiktok_ban_payton/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Faculty to hold no-confidence vote in UT-Austin president: President Jay Hartzell defended the response but faculty criticized the presence of armed state ...
texastribune.org/2024/04/25/ut-austin-palestine-protest-fallout/
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.
on.wsj.com/3QiUZT2
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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Biden administration pushes back plan to ban menthol cigarettes: The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after ...
thehill.com/homenews/administration/4624481-biden-dropping-plan-ban-menthol-cigarettes-report/
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.
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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‘Chucky’ Season 3 Set Video — Jennifer Tilly Invades the White House : Jennifer Tilly, who plays Tiffany Valentine on Chucky, takes fans behind the scenes in a ...
collider.com/chucky-season-3-set-video-jennifer-tilly/
Albuquerque principal is removed and some employees on leave after prom drag show
nbcnews.com/news/us-news/albuquerque-principal-removed-employees-leave-prom-drag-show-rcna149571
Quick Glance: Controversy Surrounding Prom Drag Show in Albuquerque
- The principal of a high school in Albuquerque, New Mexico, has been replaced, and several employees have been placed on administrative leave while an investigation examines a drag queen show during the prom.
- The head of Albuquerque Public Schools, Channell Segura, communicated to parents via a letter that the performance occurred during the prom on April 20, with an investigation aimed at clarifying the sequence of events and how it impacted students. Segura was not reachable for comments on Friday.
- Subsequent to the replacement of the former principal, Anthony Lovato was appointed as the interim principal. Details regarding whether the authorization for the performance originated from school officials or the number of staff members on leave were not disclosed.
- The drag queen show at the prom stirred controversy and criticism from individuals expressing their dismay and dissatisfaction on the school's official Facebook page, while the district refrained from divulging further information regarding the investigation.
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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COP29 Host Azerbaijan Says Its Fossil Fuel Is ‘Gift From God’: Azerbaijan, host of this year’s COP29 climate summit, will continue to invest in increasing gas ...
bloomberg.com/news/articles/2024-04-26/cop29-host-azerbaijan-says-its-fossil-fuel-is-gift-of-the-gods
US Vice President Kamala Harris hosted Kim Kardashian at the White House to discuss criminal justice reform, after the Biden administration granted clemency to ...
reut.rs/3xVhCa4
Emerson College students to vote on resolution on president's resignation: The student government unanimously approved a no-confidence resolution in the school's ...
bostonglobe.com/2024/04/26/metro/emerson-college-student-government-vote-resolution-seeking-presidents-resignation/
Trump could be held in contempt of court — a punishment only one other president faced
sacbee.com/news/nation-world/national/article288021605.html
Mexico Presidential Election: Xochitl Galvez Readies for a Must-Win Debate: Mexico’s opposition presidential candidate Xochitl Galvez is running out of ...
bloomberg.com/news/articles/2024-04-26/xochitl-galvez-readies-for-a-must-win-mexico-presidential-debate
Support for South Africa's ANC near 40% weeks before election, Ipsos poll shows: Support for South Africa's governing African National Congress (ANC) has fallen ...
reuters.com/world/africa/support-south-africas-anc-near-40-weeks-before-election-ipsos-poll-shows-2024-04-26/
Quick Glance: Support for South Africa's ANC around 40% before elections
- An Ipsos poll revealed that support for South Africa's governing African National Congress (ANC) has dropped to just over 40%, weeks before an election that could bring about significant political change.
- While the ANC is still expected to secure the most votes on May 29, falling below 50% would require seeking coalition partners to govern, marking the first such alliance since Nelson Mandela led the party to power 30 years ago.
- The survey was based on face-to-face interviews with 2,545 registered voters across all nine provinces in March and April, boasting a margin of error of 1.9% at a 95% confidence level.
- The poll also highlighted rising voter discontent due to issues like unemployment, corruption, crime, and poor services, with the ANC considering potential coalition partners such as the economically liberal DA and the far-left Economic Freedom Fighters (EFF).
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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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
Zuma Dispels Ill-Health Rumors at Party Rally in South Africa: Former South African President Jacob Zuma made his first public appearance in a week as his party ...
bloomberg.com/news/articles/2024-04-26/zuma-dispels-ill-health-rumors-at-party-rally-in-south-africa
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Why Putin needs Trump to win : Vladimir Putin is still counting on a Trump victory in November to take America off the field.
thehill.com/opinion/international/4621330-why-putin-needs-trump-to-win/
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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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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Macron Says Inflation Cannot Be Sole Target of Monetary Policy: French President Emmanuel Macron said inflation can no longer be the only target for European ...
bloomberg.com/news/articles/2024-04-25/macron-says-inflation-cannot-be-sole-target-of-monetary-policy
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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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Nixon administration could’ve started monitoring CO2 levels but didn’t: President Nixon's science advisors recommended building global CO2 monitoring network ...
insideclimatenews.org/news/26042024/nixon-administration-climate-research-plan/
Doja Cat scolds parents who bring kids to her shows: 'I'm rapping about c-m'
ew.com/doja-cat-scolds-parents-bring-kids-to-shows-8639705
Leaked USAID Document Concludes Israel Impeded Gaza Aid: "Biden is breaking the law and defying his own agencies to fund Israeli war crimes ...
commondreams.org/news/usaid-israel-weapons
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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Macron Says Europe Can No Longer Rely on US for Its Security: French President Emmanuel Macron said the American security umbrella is a thing of the past and ...
bloomberg.com/news/articles/2024-04-25/macron-says-eu-can-no-longer-rely-on-us-for-its-security
Quick Glance: Macron Calls for Stronger European Defense
- Macron urged Europe to adopt a credible defense strategy less dependent on the US.
- He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.
- Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.
- He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.
Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Emily Messer inaugurated as Texas Wesleyan University’s 21st president
star-telegram.com/news/local/fort-worth/article287971525.html
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
Turkey’s Erdogan postpones White House visit: Turkish President Recep Tayyip Erdogan postponed a White House meeting with President Joe Biden ...
english.alarabiya.net/News/middle-east/2024/04/26/turkey-s-erdogan-postpones-white-house-visit-bloomberg
White House Correspondents’ weekend kicks off with celebration of LGBTQ community
thehill.com/blogs/in-the-know/4623867-white-house-correspondents-dinner-lgbtq-community-glaad/
Chairman and past president of Pa. grocery store chain dies : Richard Redner, who was nicknamed “The Boss,” expanded the Reading-based chain from 10 to 44 ...
pennlive.com/life/2024/04/chairman-and-past-president-of-pa-grocery-store-chain-dies.html
Ty Cobb ‘almost certain’ Trump election interference case won’t be tried before election
thehill.com/regulation/court-battles/4622882-ty-cobb-almost-certain-trump-election-interference-case-wont-be-tried-before-election/
Resignation of Vietnam’s Parliament Chief Stirs Fresh Political Chaos: Vuong Dinh Hue’s departure comes amid a growing anticorruption push and weeks after ...
nytimes.com/2024/04/26/world/asia/vietnam-parliament-resignation.html
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
Monica Lewinsky references her White House scandal with the Taylor Swift 'asylum' meme
today.com/popculture/monica-lewinsky-taylor-swift-asylum-meme-rcna149314
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 to Get Young Audiences in Theaters? Show Old Movies Like Oldboy: The strikes meant studios needed to scramble to fill theaters, but putting ...
indiewire.com/news/business/how-film-revivals-luring-young-crowds-saving-specialty-cinema-1234975333/
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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AI takes center stage at correspondents’ weekend TGAIFriday Lunch: Washingtonians delved into the world of artificial intelligence (AI) on Friday at the ...
thehill.com/policy/4624825-artificial-intelligence-correspondents-weekend-tgaifriday-lunch/
Columbia protesters cite impasse with administrators as reason anti-war camp will go on
pennlive.com/news/2024/04/columbia-protesters-cite-impasse-with-administrators-as-reason-anti-war-camp-will-go-on.html
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
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
Household Debt Hits Record High As Indians Splurge, Study Shows: India’s household debt likely surged to a record in the final three months of last year ...
bloomberg.com/news/articles/2024-04-25/household-debt-hits-record-high-as-indians-splurge-study-shows
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Celebs head to DC for correspondents’ dinner: Here’s who’s coming: From “Black Widow” actor Scarlett Johansson — seemingly in town to support husband Colin Jost ...
thehill.com/blogs/in-the-know/4622097-celebs-dc-white-house-correspondents-dinner/
SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
Putin announces plans to visit China in May: Russian President Vladimir Putin said Thursday he plans to visit China in May, in what could become the first ...
bloomberg.com/en/news/thp/2024-04-25/putin-announces-plans-to-visit-china-in-may
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Mexican lawmakers approve new pension fund backed by president: Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts ...
reuters.com/world/americas/mexican-lawmakers-approve-new-pension-fund-backed-by-president-2024-04-26/
Quick Glance: New Pension Fund Approved in Mexico
- Mexico's Senate approved the creation of a new pension fund to boost payouts to the lowest-earning recipients.
- The reform aims to ensure pensioners receive a specific percentage of their last monthly salary.
- Critics have raised concerns about potential risks to the savings of some Mexicans, a claim disputed by the government.
- The fund will be initially funded by unclaimed savings held by older workers in inactive accounts with private fund administrators.
Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
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Orca calf stranded in British Columbia lagoon for more than a month swims out on her own
cnn.com/2024/04/26/us/canada-stranded-orca-calf-scn/
EU should revisit bank and insurer capital rules, Macron says: French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum ...
reuters.com/world/europe/eu-should-revisit-bank-insurer-capital-rules-macron-says-2024-04-25/
These are some of the oldest restaurants in Orange County: The county's oldest continuously operating dining establishments date back to the 1920s and ...
ocregister.com/2024/04/25/these-are-some-of-the-oldest-restaurants-in-orange-county/
Secret Service says agent on Harris’ detail was removed from assignment after distressing behavior
cnn.com/2024/04/25/politics/kamala-harris-secret-service-agent/
Chile President Gabriel Boric Tells Investors He Wants Political System Reform: Chile President Gabriel Boric said that he’s set on overhauling the nation’s ...
bloomberg.com/news/articles/2024-04-25/chile-president-gabriel-boric-tells-investors-he-wants-political-system-reform
Supreme Court Justices’ Pro-Trump Immunity Arguments Make Zero Sense: Some justices seemed more concerned with what imagined future presidents might do to stay ...
thedailybeast.com/supreme-court-justices-pro-trump-immunity-arguments-make-zero-sense
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Frustrated with Brazil's Lula, Indigenous peoples march to demand land recognition
apnews.com/article/brazil-indigenous-rights-brasilia-march-lula-land-3d486dbb94144931601429aff1ac76ec
House Speaker Mike Johnson Faces Heckling at Columbia After Calling for National Guard on Campus
democracynow.org/2024/4/25/headlines/house_speaker_mike_johnson_faces_heckling_at_columbia_after_calling_for_national_guard_on_campus
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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Comcast CEO Brian Roberts’ Pay Rises to $35.5M, President Michael Cavanagh’s Drops to $29.6M in 2023
hollywoodreporter.com/business/business-news/comcast-ceo-pay-2023-brian-roberts-michael-cavanagh-1235836076/
Harvey Weinstein's rape conviction overturned by New York appeals court: Allegations of sexual assault against Weinstein helped spark the #MeToo movement.
axios.com/2024/04/25/harvey-weinstein-conviction-overturned
Quick Glance: Harvey Weinstein’s 2020 Rape Conviction Overturned
- New York's highest court overturned Harvey Weinstein's 2020 rape conviction, disappointing those who celebrated historic gains during the #MeToo era.
- The ruling was based on legal technicalities and did not exonerate Weinstein's behavior, according to #MeToo advocates.
- Weinstein, convicted in Los Angeles for another rape, will face retrial in New York, despite remaining in prison.
- The court criticized the admission of uncharged sexual acts as evidence, deeming it an abuse of judicial discretion.
AP Week in Pictures: Latin America and Caribbean: April 19-25, 2024 A transitional council tasked with bringing political stability to gang-ravaged Haiti has ...
apnews.com/article/latin-america-caribbean-top-photos-176b2b4debb7a2d75b9350dc07760a1f
Emory president defends response to protests over Israel-Hamas war: More than 20 people were arrested Thursday in relation to protests at the school.
ajc.com/education/emory-president-defends-response-to-protests-over-israel-hamas-war/2TPWPYKZGVH37FJD5CW4HZTEAU/
Columbia president Minouche Shafik faces criticism in all directions: When Minouche Shafik was announced as Columbia University’s president last year ...
cnn.com/2024/04/25/business/minouche-shafik-columbia-president/
UN peacekeepers close base in preparation to leave DR Congo: The UN mission has been told to leave due to inefficiency in protecting civilians from armed ...
aljazeera.com/news/2024/4/26/un-peacekeepers-close-base-in-preparation-to-leave-dr-congo
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