Key News Asian equities were largely higher as Mainland China, Hong Kong, Australia, and India outperformed while Japan underperformed. Malaysia was closed for Nuzul Al-Quran, which is a day dedicated to reading and reflecting on the Quran, while the Philippines was closed for Maundy Thursday,…
Three maritime legal experts told Business Insider that the owner of the Singapore-flagged vessel called the Dali will almost certainly invoke a 19th-century federal law — that was successfully used by the owner of the Titanic — to try to limit its liability in the bevy of lawsuits that are…
By Leika Kihara TOKYO (Reuters) -Core inflation in Japan’s capital slowed in March and factory output unexpectedly slid in the previous month, heightening uncertainty on how soon the Bank of Japan can raise interest rates again after exiting its radical monetary stimulus. Core consumer price index (CPI) in Tokyo, an…
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney (NYSE:) in a long-running boardroom battle, suing the entertainment giant on Thursday for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital. The suit, filed in a…
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Trump Media’s trading debut this week gave Donald Trump’s biggest fans a way to show their support with their wallets, albeit in a seriously risky way that…
RBNZ Governor Orr was seen dovish, which seems to be applying pressure to the NZD. GDP and Initial Jobless Claims cushion the USD. Weak Chicago PMI figures limit the upside. Markets adjusted their expectations for a June rate cut which also adds strength to the USD. The NZD/USD is currently traded…
Fisker has faced a wave of reservation cancellations, according to internal data viewed…
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This as-told-to essay is based on a conversation with Sachin Saxena, a…
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POLITICS
View MoreTop Republican officials have begun making some of their most overt calls yet for the party to better embrace early voting and vote-by-mail options. In recent TV appearances, memos to keyed-in party officials and public statements, GOP operatives and party leaders have pushed to clear the fog of past statements by Donald Trump casting doubt and discouraging Republicans from voting any other way but on Election Day. “We’ll have early voting in Michigan for the first time. We’ll take advantage of it,” a top Republican National Committee official said on a press call Thursday. “Mail ballots are not very old in Pennsylvania. We’ll have an opportunity to grow that. Ballot harvesting in Nevada is legal under certain circumstances. We’ll take advantage…
House Oversight Chairman James Comer officially invited President Joe Biden to testify at a public hearing as House Republicans look revive interest in their stalled impeachment inquiry into the president – even as the White House has shot…
A federal court said Thursday that it will allow a US House election in South Carolina for Republican Rep. Nancy Mace’s seat to proceed under a map it had previously…
A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the…
Markets
View MoreIf you’re over the hefty cost and setup of cable, the best live TV streaming services offer a solid alternative…
Finance
View MoreThe clanging of Sam Bankman-Fried’s leg shackles announced his entrance into Manhattan federal court, where he learned that he was sentenced to 25 years in prison…
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Consumer sentiment has rebounded sharply, but the retail “vibe-cession” is likely to linger through 2024, which isn’t all bad news. A year ago this June, the mood of the U.S. consumer was in the cellar, hitting a 70-year low, according to the widely followed University of Michigan Consumer Sentiment survey.…
Economy
WASHINGTON (Reuters) – The United States will partner with Mexico to explore…
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Sam Bankman-Fried, the disgraced cryptocurrency mogul, has finally learned his fate.US District…