S&P 500 confirms bear market as recession worry grows:
reuters.com/business/nasdaq-futures-tumble-3-aggressive-rate-hike-bets-2022-06-13/
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| Last Updated | Jun 14 22 |
| Total Articles | 12 |
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S&P 500 confirms bear market as recession worry grows: U.S. equities tumbled on Monday, with the S&P 500 confirming it is in a bear market ...
reuters.com/business/nasdaq-futures-tumble-3-aggressive-rate-hike-bets-2022-06-13/
U.S. equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive interest rate hikes by the ... Show more
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S&P 500 confirms bear market as recession worry grows: Global stocks and government bonds plunged again on Monday and the dollar hit two-decade highs ...
deccanherald.com/business/business-news/sp-500-confirms-bear-market-as-recession-worry-grows-1117953.html
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S&P 500 confirms bear market as recession worry grows: U.S. equities tumbled on Monday, with the S&P 500 confirming it is in a bear market ...
reuters.com/business/nasdaq-futures-tumble-3-aggressive-rate-hike-bets-2022-06-13/
S&P 500 confirms bear market as recession worry grows: Global stocks and government bonds plunged again on Monday and the dollar hit two-decade highs ...
deccanherald.com/business/business-news/sp-500-confirms-bear-market-as-recession-worry-grows-1117953.html
S&P 500 confirms bear market as recession worry grows : S&P 500 confirms bear market as recession worry grows
koreatimes.co.kr/www/biz/2022/06/175_330956.html
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
Paid articlePaid
New York appeals court overturns Harvey Weinstein’s 2020 rape conviction from landmark #MeToo trial
apnews.com/article/weinstein-metoo-appeal-ed29faeec862abf0c071e8bd3574c4a3
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.
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
Paid articlePaid Citi Trims Fed Bet for 2024, Still Sees 100 Basis Points of Cuts: Citigroup Inc. dialed back expectations for Federal Reserve interest-rate reductions on Friday ...
bloomberg.com/news/articles/2024-04-26/citi-trims-fed-bet-for-2024-still-sees-100-basis-points-of-cuts
Paid articlePaid
Conservative Justices Take Argument Over Trump’s Immunity in Unexpected Direction
nytimes.com/2024/04/26/us/politics/supreme-court-trump-immunity-election.html
Quick Glance: Trump's Disregard for Democratic Principles
- Donald Trump's claim of absolute immunity for criminal acts as president is an assault on common sense and a perversion of the fundamental principle of American democracy.
- The Supreme Court's decision to take the case may delay the former president's trial and deprive the public of the right to know if he attempted to undermine the sacred process of presidential succession.
- The Supreme Court's direct intervention in the 2024 presidential election deprives voters of critical information and could lead to a constitutional crisis if Trump is re-elected and convicted.
- The notion that the president is above the law and can pardon himself is a radical contempt for republican government, revealing Trump's vision of unchecked royal power.
New York to require internet providers to charge low-income residents $15 for broadband
apnews.com/article/internet-broadband-new-york-city-6eef189aa0c757bb352e8c990e79a816
No Rate Cuts? No Worries. Uncle Sam Has Dough to Disburse.: The government plans to spend excess funds in coming months, and the Federal Reserve is on course to ...
barrons.com/articles/treasury-spending-liquidity-yellen-rate-cuts-8774d1d6
Paid articlePaid Hush money trial: Trump forced to listen silently to people insulting him: Over the past week, Donald Trump has been forced to sit inside a frigid New York ...
apnews.com/article/trump-trial-jurors-hush-money-criticism-b4fe05a61ed566a587523d1120b46a76
Quick Glance: Hush Money Trial: Trump's Silent Encounter with Insults
- Donald Trump has been forced to listen to potential jurors in his criminal hush money trial in New York openly criticize him.
- Transitioning from a life of adulation to facing critics, Trump now experiences a different reality without the control he's accustomed to.
- Previously shielded from critique, Trump now faces a trial with potential felony convictions and will have to endure listening to more criticism.
- Potential jurors exhibited a range of opinions towards Trump, from admiration for his business acumen to open criticism of his persona and rhetoric.
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
Paid articlePaid BOJ Holds: The Bloomberg Open, Europe Edition: Good morning. The BOJ holds rates, sending the yen weaker. Big Tech saves the day after the close in New York ...
bloomberg.com/news/newsletters/2024-04-26/boj-holds-the-bloomberg-open-europe-edition
With Trump in court, can Biden take control of the election?: As polls show the race tied, the president is campaigning around the country and his opponent is ...
ft.com/content/74f85659-27b0-4332-a840-046a9909ae15
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.
Meadows, Giuliani, 11 'fake electors' from 2020 are among those indicted in Arizona
npr.org/2024/04/24/1236998675/arizona-fake-elector-charges
Quick Glance: 11 Republican 'Fake Electors' Charged in Arizona
- Eleven Republicans were charged in Arizona for falsely claiming that Donald Trump won the 2020 presidential election in Arizona against Joe Biden.
- They met in Phoenix to sign a certificate declaring Trump had won the state. The document was sent to Congress and the National Archives but ignored.
- The Arizona charges follow indictments against fake electors in Nevada, Michigan, and Georgia.
- The charges allege conspiracy, fraud, and forgery as they falsely declared Trump as the winner in Arizona despite Biden's victory by over 10,000 votes.
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
Paid articlePaid Fed seen on track for Sept start to US rate cuts: U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of ...
reuters.com/markets/us/traders-add-bets-september-start-fed-rate-cuts-2024-04-26/
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
Pro-Palestinian Campus Encampments Spread Nationwide Amid Mass Arrests at Columbia, NYU & Yale
democracynow.org/2024/4/23/columbia_university_joseph_slaughter
Trump calls for multiple judges to be removed ahead of gag order decision: Former President Trump called for multiple judges to be removed Wednesday ...
thehill.com/regulation/court-battles/4617612-trump-calls-multiple-judges-removed-ahead-gag-order-decision/
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
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/
It will cost drivers $15 to enter lower Manhattan starting June 30. Here’s what you need to know.
pennlive.com/news/2024/04/it-will-cost-drivers-15-to-enter-lower-manhattan-starting-june-30-heres-what-you-need-to-know.html
Senators Wanted Transparency in the Fed, FOIA Shows How Officials Responded: Senators Elizabeth Warren and Thom Tillis want the 12 Federal Reserve banks to ...
bloomberg.com/news/newsletters/2024-04-26/senators-wanted-transparency-in-the-fed-foia-shows-how-officials-responded
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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Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
on.wsj.com/44iCfJl
ECB Can Be Out of Sync With Fed for Some Quarters, Noyer Says: The European Central Bank doesn’t have to wait for the Federal Reserve before cutting interest ...
bloomberg.com/news/articles/2024-04-26/ecb-can-be-out-of-sync-with-fed-for-some-quarters-noyer-says
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
Paid articlePaid 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
Paid articlePaid JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
Rupiah (IDR) Slump May Keep Bank Indonesia Rate Cuts at Bay Until 2025: Indonesia’s central bank will likely postpone monetary easing to later this year ...
bloomberg.com/news/articles/2024-04-23/rupiah-slump-may-keep-bank-indonesia-rate-cuts-at-bay-until-2025
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
Paid articlePaid
Trump was going to dominate the courtroom. Instead, he is shrinking.: Trump wrongly thought he might win the presidency on the courtroom steps.
washingtonpost.com/opinions/2024/04/23/trump-losing-courtroom-campaign-bragg-trial/
FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches New Way: The Federal Reserve is stuck in a mode of forecasting and public communication ...
bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way
Gold (XAUUSD) Steady After Two-Day Drop Driven by Easing Mideast Tension: Gold ticked down ahead of US data due later this week that may shed more light on the ...
bloomberg.com/news/articles/2024-04-24/gold-xauusd-steady-after-two-day-drop-driven-by-easing-mideast-tension
Paid articlePaid 9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
Paid articlePaid Fed to Make One Interest-Rate Cut Before US Election, Howard Lutnick Says: Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve ...
bloomberg.com/news/articles/2024-04-25/lutnick-sees-fed-making-one-rate-cut-near-presidential-election
US inflation rises in line with expectations; consumer spending strong: U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing ...
reuters.com/markets/us/us-inflation-rises-line-with-expectations-march-2024-04-26/
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.
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
FDIC Officials Seek More Power Over ‘Passive’ Bank Investments: The Federal Deposit Insurance Corp. is weighing new hurdles for investment companies that want to ...
bloomberg.com/news/articles/2024-04-25/fdic-officials-seek-more-power-over-passive-bank-investments
Paid articlePaid Biden campaign trolls Trump for golfing on day off from court: President Biden’s reelection campaign trolled former President Trump for golfing on his day off ...
thehill.com/homenews/campaign/4621546-biden-campaign-trolls-trump-golfing-court/
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
Pictures of the Day | April 25, 2024: Our top photos of the day.
reuters.com/pictures/photos-of-the-day/pictures-day-april-25-2024-2024-04-25/
Commercial Real Estate Debt Is Back With 170% Jump in Sales: Commercial real estate was one of the scariest assets in the US last year. This year ...
bloomberg.com/news/articles/2024-04-26/commercial-real-estate-debt-is-back-with-170-jump-in-sales
Paid articlePaid
Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
LIVE: Donald Trump appears in New York ahead of court hearing: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1MYxNoqPgkVKw
Judge Upholds $83 Million E. Jean Carroll Defamation Verdict Against Trump: A federal judge wrote that Trump’s efforts to get a new trial are “entirely without ...
thedailybeast.com/judge-upholds-dollar83-million-e-jean-carroll-defamation-verdict-against-trump
Paid articlePaidQuick Glance: Court Rejects Trump's Bid for New Trial Against E. Jean Carroll
- A federal judge rejected former President Donald Trump’s request for a new trial—or to throw out the $83.3 million defamation ruling—against writer E. Jean Carroll, marking the latest legal loss for the former president.
- In the Thursday ruling rejecting the request for a new trial or the judgment to be dismissed, U.S. District Judge Lewis Kaplan said Trump’s argument was “without merit,” made “conspicuously without success” and “defies common sense.”
- Robbie Kaplan, Carroll’s lawyer, told Forbes in a statement they are “pleased with though not surprised by” the court’s decision, adding the award was “entirely reasonable” because of Trump’s continued defamation, “hatred and disdain.”
- In January, a jury determined Trump had to pay Carroll $83.3 million in damages after she accused him of sexual assault. Previously, another jury found Trump liable for sexual assault in the 1990s and subsequent defamation, ordering him to pay $5 million.
Trump’s potential plan for Fed raises alarms: Former President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and ...
thehill.com/business/4624880-trump-second-term-fed-powell-potential-plan/
Average US 30-Year Mortgage Rate Rises to 7.17%, Up From 7.1% Last Week: Mortgage rates in the US increased for a fourth straight week.
bloomberg.com/news/articles/2024-04-25/mortgage-rates-in-the-us-climb-for-a-fourth-week-to-reach-7-17
Paid articlePaid Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
Thai Central Bank Says Holding Rate Gives Room to Face Risks: Thailand’s central bank said its decision to keep interest rates steady earlier this month provides ...
bloomberg.com/news/articles/2024-04-24/thai-central-bank-says-holding-rate-gave-room-to-face-challenges
Paid articlePaid LIVE: ‘Stop arming Israel’ Passover protest held in Brooklyn: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1YqJDgQwALkGV
Trump hush money trial live updates: David Pecker returns for cross-examination: The former publisher of the National Enquirer is returning to the witness stand ...
thehill.com/regulation/court-battles/4623526-david-pecker-cross-examination-trump-hush-money-trial-live-updates/
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
Deepfake of Baltimore Principal Leads to Arrest of School Employee: A high school athletic director in the Baltimore area was arrested after he used A.I. ...
nytimes.com/2024/04/25/technology/deepfake-recording-principal-arrest.html
In Hush Money Trial, Pecker Says Trump Thanked Him for Burying Stories: David Pecker, former publisher of The National Enquirer, testified that Donald J ...
nytimes.com/2024/04/25/nyregion/trump-david-pecker-hush-money-trial.html
Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
Paid articlePaid John Dean: Trump’s offer to testify in hush money trial just ‘bravado for his base’
thehill.com/regulation/court-battles/4624936-donald-trump-john-dean-hush-money-trial-testify-bravado/
Columbia’s University Senate Calls for an Investigation Into the Administration: The senators voted for a resolution that accused the administration of ...
nytimes.com/2024/04/26/us/columbia-university-nemat-shafik-vote.html
Quick Glance: Columbia University Senate Pushes for Admin Investigation
- The university senate voted on a resolution accusing the administration of breaching the rights of students and professors.
- Based on a report by the senate executive committee, the administration was criticized for engaging in harmful actions.
- Allegations included the hiring of aggressive private investigators who harassed students and intruded into student rooms.
- The resolution passed with a 62-14 vote, falling short of a censure proposal against Dr. Shafik.
Many think Trump being treated differently than other criminal defendants: Poll: A majority of Americans believe former President Trump is being treated ...
thehill.com/regulation/court-battles/4622766-donald-trump-hush-money-trial-cnn-poll/
(JPY/USD) Japanese Yen Weakens Past Key 155 Level, Adding to Intervention Risk: The yen weakened beyond 155 per dollar for the first time in more than three ...
bloomberg.com/news/articles/2024-04-24/yen-weakens-past-key-155-level-adding-to-intervention-risk-lvdscplh
Paid articlePaid Weak GDP, strong prices, highlight Fed dilemma: U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run ...
reuters.com/markets/us/weak-gdp-strong-prices-highlight-fed-dilemma-2024-04-25/
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.
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Aerosmith frontman Steven Tyler wins dismissal for good of sexual assault lawsuit
reuters.com/world/us/aerosmith-frontman-steven-tyler-wins-dismissal-good-sexual-assault-lawsuit-2024-04-26/
National Enquirer’s Help for Trump Broke Norms Even in the Tabloid World: The tabloid’s parent company was fined for breaking federal election laws after ...
nytimes.com/2024/04/23/nyregion/national-enquirer-trump-trial-david-pecker.html
US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
Paid articlePaid Donald Trump’s casual disparagement of prosecutors as ‘evil’ and ‘crazy’: Asked by a right-wing interviewer if he knew Democrats wanted him dead, Trump replied ...
washingtonpost.com/politics/2024/04/26/trump-greg-kelly-interview/
New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
Paid articlePaid
Judge to weigh in on request to hold Trump in contempt for breaking gag order: The hearing could result in further financial punishment for Trump ...
pbs.org/newshour/politics/judge-to-weigh-in-on-request-to-hold-trump-in-contempt-for-breaking-gag-order
Quick Glance: Trump's Attempt to Influence 2016 Election: Hush Money Trial Begins
- An prosecutor alleges that Donald Trump tried to illegally influence the 2016 election by preventing damaging stories about his personal life from becoming public.
- The trial, potentially lasting up to two months, will require Trump to spend his days in a courtroom instead of on the campaign trail.
- The indictment includes 34 counts of falsifying business records, punishable by up to four years in prison.
- The case sheds light on efforts to suppress stories, known as 'Catch-and-Kill' in tabloid industry, to prevent potentially damaging revelations.
Traders Add Bets That Fed to Skip Interest-Rate Cuts This Year: Traders in the US interest-rates market have started to put on wagers that the Federal Reserve ...
bloomberg.com/news/articles/2024-04-23/traders-add-bets-that-fed-to-skip-interest-rate-cuts-this-year
Welcome to Venice. That’ll Be 5 Euros, Please.: Venice’s first day implementing a fee to enter the historic center went mostly smoothly ...
nytimes.com/2024/04/25/world/europe/venice-entry-fee-protests.html
Quick Glance: Venice: Admission Fee and Overcrowding Mitigation
- Venice introduces entry fee: five euros for day visitors.
- Overtourism damages the city and drives residents away.
- Controversy surrounds new regulation, funding infrastructure.
- Likely future price increases and tiered rates for Venice.
Terry Anderson, US journalist held hostage nearly seven years in Lebanon, dead at 76
reuters.com/world/terry-anderson-us-journalist-held-hostage-lebanon-dead-76-2024-04-21/
Most drivers will pay $15 to enter busiest part of Manhattan starting June 30: Transit officials say the start date for the $15 toll most drivers will be charged ...
abcnews.go.com/Business/wireStory/drivers-pay-15-enter-busiest-part-manhattan-starting-109701350
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
Live updates: Pro-Palestinian protests at USC, Columbia University, college campuses nationwide
edition.cnn.com/business/live-news/columbia-usc-university-protests-04-25-24/h_f411ea664f958431577c94e4f3268f2f
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.
Powell Signals High Rates for Longer Due to Persistent Inflation: Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely ...
bloomberg.com/news/articles/2024-04-16/powell-signals-high-rates-for-longer-due-to-persistent-inflation
Paid articlePaidQuick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
George Santos drops independent bid to win U.S. House seat - UPI.com: Citing a desire to keep the U.S. House of Representatives under Republican control ...
upi.com/Top_News/US/2024/04/23/George-Santos-drops-house-election-bid/5801713919351/
Quick Glance: George Santos ends independent bid for US House seat
- Following his expulsion from Congress after a bipartisan vote on December 1, George Santos, a Republican representative from New York, is seen leaving the U.S. Capitol. On Tuesday, Santos announced his decision to withdraw his independent candidacy for New York's 1st Congressional District.
- In order to prevent a split in the Republican ticket between himself and the incumbent Republican candidate, Nick LaLota, in case he secures the Republican nomination after the New York primary on June 25, Santos opted out of an independent run, as reported by Politico.
- Nancy Goroff and John Avlon are currently competing for the Democratic nomination for the congressional seat during the New York primary.
- Despite concluding his independent candidacy, Santos hinted at a possible future congressional run. He expressed, 'The future holds countless possibilities, and I am prepared, eager, and capable to step up and fight for my country at any time.'
Why Congress Voted to Force a Sale of TikTok in the U.S.: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese ...
nytimes.com/article/tiktok-ban.html
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.
Trump lawyer on hush money case: ‘I don’t have hopes really that high’: Alina Habba, an attorney for former President Trump, signaled she does not have high ...
trib.al/tIvgIlg
US IPO Rebound Hinges on Fed Interest-Rate Cuts: Companies are increasingly piling into a re-energized market for initial public offerings ...
bloomberg.com/news/articles/2024-04-26/end-of-scorched-earth-years-for-us-ipos-hinges-on-lower-rates
Bond Investors Seek Billions From SVB’s Husk as FDIC Fights Back: The dust had barely settled after Silicon Valley Bank’s collapse last year when savvy investors ...
bloomberg.com/news/articles/2024-04-26/investors-seek-billions-from-svb-s-husk-why-regulators-refuse-to-pay
Hamas official who sought endless war after Oct. 7 says it could put down arms for 2-state deal
timesofisrael.com/hamas-official-who-sought-endless-war-after-oct-7-says-it-could-put-down-arms-for-2-state-deal/
Quick Glance: Biden and 17 World Leaders Urge Hamas to Release Hostages
- President Biden and 17 world leaders issued a joint statement urging Hamas to accept a hostage deal to achieve a ceasefire in Gaza.
- The statement stresses the immediate release of hostages and a sustained ceasefire in Gaza to facilitate humanitarian aid and end hostilities.
- Hamas leader Yahya Sinwar is accused of hindering progress by rejecting the deal and holding onto hostages instead of pursuing a ceasefire.
- The Biden administration and mediators from Qatar and Egypt have received signals from Hamas indicating readiness to engage in negotiations, but the sincerity of these intentions remains uncertain.
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