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- Thomson Reuters StreetEvents
Q3 2024 Atlassian Corp Earnings Call
Q3 2024 Atlassian Corp Earnings Call
Yahoo Finance VideoCore services are a 'big problem' for the Fed: UBS Economist
March's Personal Consumption Expenditures (PCE) data was consistent with expectations, reporting a 0.3% month-over-month rise. However, it slightly exceeded projections on a year-over-year basis, coming in at 2.7%. UBS Global Wealth Management Senior US Economist Brian Rose joins The Morning Brief to analyze how these figures could influence the Federal Reserve's rate cut outlook. Rose acknowledges that the current inflation data "has been too high" for the Fed to embark on monetary easing. He identifies "the big problem for the Fed" as core services, factors tied to robust demand and wage growth: "This is where they need to see disinflation," he says. In March, the core PCE inflation figure stood at 2.8%. While Rose predicts the Fed could initiate rate cuts in September, he cautioned that if inflation data persists at elevated levels, "it could get pushed back even further." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Rallies; Alphabet, Microsoft Jump On Earnings
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
- Fresno Bee
Somebody keeps setting fire to trees in Fresno’s Armenian cemetery. Is it a hate crime?
Police were on site during the latest fire, but no arrests have been made.
- The Telegraph
Ireland ‘reaping what it has sown’ over Brexit with influx of migrants
The influx of migrants crossing into Ireland from the UK is because Dublin is “reaping what it sowed” in the Brexit negotiations, a leading unionist has said.
- Reuters
Renault talks to China's Li Auto and Xiaomi on tech collaboration
Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. "Our CEO Luca de Meo engaged in pivotal conversations with industry leaders, including our partners Geely and Dongfeng, key suppliers but also the new players like the founders of Li Auto and Xiaomi Technology," Renault's procurement and partnerships chief Francois Provost said in a post on LinkedIn.
- PA Media: UK News
Lord Cameron joins language lesson and pets horses during Mongolia visit
The Foreign Secretary was in Central Asia as part of a bid to bolster trade, security and environmental ties.
- USA TODAY
Photos and video show massive fire erupt at iconic Oceanside Pier in California
Crews worked to contain and fully extinguish the flames over night at the Oceanside Pier, a popular attraction with tourists and locals alike.
- Investor's Business Daily
Dow Jones Rises On Inflation Data; Tesla Slides On Probe Into Autopilot Recall
Stock Market Today: The Dow Jones rose Friday on key inflation data. Tech titans Google and Microsoft surged on earnings.
- BBC
Where are the Gaza protests at US universities?
Protests have erupted across more than two dozen campuses, including New York, Texas and California.
- Miami Herald
Wanted man walks past Florida cops dressed as woman, report says. They weren’t fooled
He wore a blonde wig, blue dress and sunglasses, photos show.
- Fort Worth Star-Telegram
What he said: Tyler Guyton’s comments after Cowboys made him their 1st round draft pick
The Oklahoma Sooner talked about his Cowboys fandom, his goals and aspirations of playing in the NFL in Dallas.
- Town & Country
Klimt Portrait, Believed Lost for Almost 100 Years, Was Sold for $32 Million
Portrait of Fräulein Lieser was painted by Gustav Klimt in 1917, shortly before he died.
- Investor's Business Daily
Investment Firm's Stock Waits In Wings Ahead Of Earnings Report
Apollo Global Management stock is setting up for its next move with earnings on the horizon. Shares gained 20% this year.
- The Telegraph
Manchester City’s 115 charges: Premier League says hearing ‘in near future’
Manchester City will learn their fate over the 115 charges they face for allegedly breaking Premier League rules “in the near future”, Richard Masters has said.
- Reuters
FOREX-Japan's yen hits new 34-year low; US dollar rises after inflation data
The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with expectations and affirming expectations the Federal Reserve will likely delay cutting interest rates to later this year. The yen's 34-year trough vs the dollar came after the Bank of Japan kept interest rates steady although it flagged future rate hikes.
- Motorious
This Vic Hickey Built 1950 Jeep Willys Has Great History
This unique Jeep is selling at Henderson Auction’s Collector Motor Series next month.
- Investor's Business Daily
ResMed Soars To Eight-Month High As Quarterly Report Wipes Out Weight-Loss Woes
ResMed stock jumped Friday after crushing sales estimates and wiping out worries that weight-loss drugs would squeeze sleep apnea device sales.
- The Independent
Primary teacher lured boyfriend with sex before tying him up, killing him and burying body in garden
Fiona Beal, of Moore Street, Northampton, was arrested in March 2022 after police discovered the body
- The Guardian
Ravneet Gill’s recipe for brown butter and honey custard pots
Rich, crisp, complex, decadent – and no pastry in sight!