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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
Don’t Make This Inheritance Mistake. It Could Cost Your Loved Ones Big Time.: The issue is something called stepped-up basis. Certain assets, including stocks ...
barrons.com/articles/inheritance-tax-charity-donation-mistake-37f90b04
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ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
bloomberg.com/news/articles/2024-04-19/ecb-rate-setters-agree-on-june-cut-but-not-much-else-beyond
Man who set himself on fire outside Trump's Manhattan hush money trial dies: Maxwell Azzarello doused himself in liquid before throwing conspiracy-theory ...
bbc.com/news/world-us-canada-68863157
Quick Glance: Trump's Hush Money Trial: Opening Statements Scheduled for Monday
- The completion of the final jury selection for Donald Trump's hush money trial occurred, with an appellate judge rejecting the former president's latest attempt to stop the case.
- The accusation against Trump involves a system to conceal negative stories that could harm his 2016 campaign. Trump has pleaded not guilty, asserting the falsehood of the stories.
- Despite prior failed attempts to delay the trial, a lawyer for Trump argued in court that the jury selection was rushed, but the court denied this claim.
- Throughout the trial, Trump utilized the prosecution as a political rallying cry, presenting himself as a victim while managing his dual role as both a defendant and a presidential candidate.
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
How France Is Fighting ‘Shrinkflation’: Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding ...
nytimes.com/2024/04/19/business/france-economy-food-prices-shrinkflation.html
Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
bloomberg.com/news/articles/2024-04-19/macklem-sees-little-impact-of-canada-budget-on-fiscal-track
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Quick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
bloomberg.com/news/newsletters/2024-04-19/bloomberg-evening-briefing-wall-street-ends-the-week-in-a-tech-wreck
Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
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My God, Trump! How dangerous are the nationalist Christians in the USA?: Christian nationalist representatives were present when Trump supporters stormed the ...
nzz.ch/feuilleton/donald-trump-christliche-nationalisten-usa-ld.1825415
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
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Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
bloomberg.com/news/articles/2024-04-19/biden-trade-chief-sees-conclusion-of-china-tariff-review-soon
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Wall Street Bonus Rules Return to Regulatory Agenda in Third Try: US financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — ...
bloomberg.com/news/articles/2024-04-19/wall-street-bonus-rules-return-to-regulatory-agenda-in-third-try
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Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
trib.al/uJmLexO
Netflix (NFLX) Stock Falls as Weak Revenue Forecast Overshadow Subscriber Adds: Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast ...
bloomberg.com/news/articles/2024-04-18/netflix-adds-9-33-million-customers-crushing-street-forecasts
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Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
Marijuana Stocks Gain Momentum on Cannabis Reform Hopes: Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major ...
bloomberg.com/news/articles/2024-04-19/marijuana-stocks-gain-momentum-as-cannabis-reform-hopes-linger
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TDR Capital Nears Deal to Buy Billionaire’s Stake in UK’s Asda: TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as ...
bloomberg.com/news/articles/2024-04-19/tdr-capital-nears-deal-to-buy-billionaire-s-stake-in-uk-s-asda
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African Critical Minerals Output Could Reach $2 Trillion by 2050: Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy ...
bloomberg.com/news/articles/2024-04-19/african-critical-minerals-output-could-reach-2-trillion-by-2050
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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
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
BoU issues new rules for mobile money transactions : Bank of Uganda has directed that customers carrying transactions involving Shs1m or more must first verify ...
monitor.co.ug/uganda/business/finance/bou-issues-new-rules-for-mobile-money-transactions--4596110
Hudson Bay Closes $800 Million Fund to Bet on Special Situations: Hudson Bay Capital Management has raised over $800 million to invest in so-called special ...
bloomberg.com/news/articles/2024-04-19/hudson-bay-closes-800-million-fund-to-bet-on-special-situations
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The Link Between Smoking and Bladder Cancer: Smoking cigarettes quadruples your risk of bladder cancer. The good news? Quitting the habit can reduce your chance ...
health.clevelandclinic.org/surprising-link-smoking-and-bladder-cancer-2
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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Jury selection complete in Trump’s hush money trial: NEW YORK – A full jury has been selected in former President Trump’s hush money case ...
thehill.com/regulation/court-battles/4605429-jury-selection-complete-in-trumps-hush-money-trial/
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
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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Ibotta: Not Buying The I-Bought-A Play Yet: Ibotta, Inc.'s successful IPO showcases its digital promotion platform for CPG brands, despite market competition and ...
seekingalpha.com/article/4684727-ibotta-not-buying-the-i-bought-a-play-yet
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U.K. Retail Sector Posts Weaker March Sales Than Expected: Total U.K. sales volumes were no higher in March than in February, a weaker reading than had been ...
on.wsj.com/4d0KgGJ
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
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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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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Japan Consumer Prices Rose at Slightly Slower Pace in March: Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but ...
on.wsj.com/3JnRU0g
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
CNN analyst warns of ‘civil unrest across the country’ if Trump jailed for gag order violation
thehill.com/homenews/media/4604718-cnn-analyst-warns-civil-unrest-trump-gag-order-violation/
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.
Home Sales in March Had Biggest Decline in 16 Months: Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of ...
on.wsj.com/3Q8Iqdf
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
Before 'Breaking Bad,' Giancarlo Esposito considered arranging his own murder for insurance money
nbcnews.com/pop-culture/pop-culture-news/breaking-bad-giancarlo-esposito-considered-arranging-murder-insurance-rcna148542
Quick Glance: Breaking Bad star contemplated own murder due to financial struggles
- Actor Giancarlo Esposito considered extreme actions when facing potential bankruptcy.
- Esposito thought about arranging his own murder to support his children when he was nearly bankrupt.
- While he saw a way out, he didn't want to cause lifelong trauma for his children.
- The role in Breaking Bad changed the direction of his life and career.
39-year-old left full-time job to grow her side hustle—now she makes $279,000 a year without working 'all the time'
cnbc.com/2024/04/19/money-coach-how-i-make-a-living-without-working-all-the-time.html
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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Zahara's benefit concert halts as family faces 'many challenges': Zahara’s family failed in attempts to host a benefit concert to buy back her ...
timeslive.co.za/tshisa-live/tshisa-live/2024-04-19-zaharas-benefit-concert-halts-as-family-faces-many-challenges/
First week of Trump hush money trial ends with full jury selected: Jury selection concluded Friday in Donald Trump’s hush money trial in New York ...
washingtonpost.com/politics/2024/04/19/trump-hush-money-trial-live-updates/
CNN analyst: Alternate hush money jurors will be needed in case others are ‘freaked out’
thehill.com/regulation/court-battles/4604586-cnn-analyst-alternate-hush-money-jurors-will-be-needed-in-case-others-are-freaked-out/
Stephen A. Smith slams Trump hush money trial: ‘I want him to lose the right way’
thehill.com/regulation/court-battles/4604091-stephen-a-smith-slams-trump-hush-money-trial-i-want-him-to-lose-the-right-way/
Lawyers select 12 jurors to serve in Trump hush-money case: Lawyers in Donald Trump's historic criminal trial on Thursday selected 12 jurors who will assess his ...
reut.rs/3W0lsIU
Ask Wirecutter: Are There Cheap Products That Are Better Than Their Pricey Counterparts?
nytimes.com/wirecutter/blog/ask-wirecutter-cheap-but-good-products/
Biden steps up mocking Trump as poll shows 2024 neck-and-neck: President Biden is stepping up mocking former President Trump in an attempt to remind voters about ...
thehill.com/homenews/4601213-biden-steps-up-mocking-trump-as-poll-shows-2024-neck-and-neck/
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
Are rugby stadiums really worth it?: Opinion - Large stadiums are sold as an economic boon, but the reality is they tend to require significant investment ...
rnz.co.nz/news/national/514731/are-rugby-stadiums-really-worth-it
Injured in a Russian strike, a 13-year-old Ukrainian girl runs to raise money for other victims
abcnews.go.com/International/injured-russian-strike-13-year-ukrainian-girl-runs/story
Gen Zer making $80k shares how she budgets and still has fun: A 24-year-old data analyst making $80,000 budgets every dollar she spends — but she still wants to ...
businessinsider.com/gen-z-budgets-data-analyst-fun-retirement-savings-2024-4
Texas AG Ken Paxton fails to block Houston’s basic income plan: Is it a violation of the Texas Constitution for a city to give money to its low-income residents? ...
trib.al/z44yvdK
Ketamine bladder: Special clinics as youth addiction 'explodes': Specialist clinics are helping increasing numbers of young ketamine users with damaged bladders.
bbc.com/news/uk-england-bristol-68826392
Live updates: Trump New York hush money criminal trial: Jury selection will continue Thursday in former President Donald Trump's hush money criminal trial ...
edition.cnn.com/politics/live-news/trump-hush-money-trial-04-18-24/h_1ff02b074c82044242ec0b3e31d2294a
Trump's critics love to see Truth Social's stock price crash. He can still cash out big.
usatoday.com/story/opinion/columnist/2024/04/19/trump-money-djt-stock-truth-social/73373103007/
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
smh.com.au/property/news/should-you-wait-for-interest-rate-cuts-to-buy-a-house-20240418-p5fkv8.html
Suspects who allegedly sold Singpass details to scammers for S$10,000 among 78 under police probe
channelnewsasia.com/singapore/singpass-details-scammers-sell-s10000-police-probe-78-4277726
Tesla discloses it spent $200,000 advertising on X: Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off ...
cnn.com/2024/04/18/business/elon-musk-tesla-advertises-on-x/
Anyone born between two dates told by HMRC they could have £2,000 due: A simple 10 minute test can check if the person has a fund - and an estimated 430 ...
walesonline.co.uk/news/cost-of-living/anyone-born-between-two-dates-29020207
A revolution in helping Africa’s poor: Cash with no strings attached: A pioneering program in Malawi lets recipients decide how best to use the lump sum payments
washingtonpost.com/world/2024/04/19/africa-malawi-extreme-poverty-aid/
How Trump is taking advantage of the hush money trial spectacle: Former President Trump’s New York hush money trial has quickly turned into a media spectacle ...
thehill.com/homenews/campaign/4601108-how-trump-is-taking-advantage-of-the-hush-money-trial-spectacle/
One Day 10 Years Ago, I Stopped Paying My Taxes. I Don’t Regret a Thing.: I ignored the IRS for an entire decade and got away with it. I think.
slate.com/human-interest/2024/04/taxes-file-pay-2024-stop-paying-irs.html
Hamelin pet of the week: The little cat Nico is looking for a new home: Everyone who has a cat or dog at home knows: life with an animal is better. At this point ...
dewezet.de/lokales/hameln-pyrmont/hameln/hamelner-heimtier-der-woche-der-kleine-kater-nico-sucht-ein-neues-zuhause-ZRQYZPAMCBH7DMGI7QOSV5TJZI.html
Richard Osman opens up on 40-year addiction after heartbreak: TV presenter Richard Osman has opened up about his 40-year addiction to food ...
essexlive.news/news/celebs-tv/richard-osman-opens-up-40-9234023
Lifeline Connections' Camp Mariposa helps children affected by substance use: The butterfly symbolizes transformation and embarking on a new phase of life.
columbian.com/news/2024/apr/19/lifeline-connections-camp-mariposa-helps-children-affected-by-substance-use/
Ask Amy: My daughter is naming her baby after her dad — and I’m horrified: A reader tells Amy that her daughter is expecting a baby boy and is planning to name ...
sun-sentinel.com/2024/04/19/ask-amy-dickinson-name-my-daughter-has-picked-for-baby/
How Alexander Gomer wants to network cannabis social clubs: Alexander Gomer from Fürstenau has often had the right idea at the right time ...
gn-online.de/osnabrueck/wie-alexander-gomer-cannabis-social-clubs-vernetzen-will-535093.html
Here's Exactly How Cocaine Makes You Ignore Your Basic Needs: Drugs of abuse can hijack parts of the brain that govern hunger and thirst, new research finds.
gizmodo.com/how-cocaine-makes-you-ignore-hunger-addiction-brain-1851420693
Passau addiction counselor on cannabis legalization: “I’m happy about decriminalization”
pnp.de/lokales/stadt-passau/passauer-suchtberaterin-zu-cannabis-legalisierung-bin-froh-ueber-entkriminalisierung-15878601
Azmin accuses DAP of playing 'dirty money politics' in KKB: This comes after Nga announced RM5.21m allocation for Hulu Selangor.
malaysiakini.com/news/702843
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The EU has given TikTok 24 hours to provide details about its payment-for-views Lite app feature
techspot.com/news/102664-eu-has-given-tiktok-24-hours-provide-details.html
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