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BBC correspondents look at some of the new bills Sir Keir Starmer’s government wants to pass. Source link
Amid the markets’ twists and turns, BlackRock’s Rick Rieder believes “dynamic patience” has become essential for navigating the turbulence. The 10-year Treasury yield hit a new high for the year after wholesale prices for April came in hotter than expected on Wednesday. The benchmark Treasury touched 4.49%, its highest level since July 17. The Dow Jones Industrial Average and S & P 500 moved lower, while the Nasdaq Composite was boosted by gains in chip stocks. Rieder’s theory of “dynamic patience,” which he laid out in his second-quarter fixed income outlook Wednesday, centers on building income, being creative in deploying…
JNJ gets Wall Street boost as blockbuster drug bets ignite growth hopes Source link
We loved the first season of Daredevil: Born Again, Marvel’s hotly anticipated revival of the popular series in the Netflix Defenders universe, and its sophomore outing did not disappoint. The show just wrapped its critically acclaimed second season, with a third already well underway—all part of MCU’s Phase Six master plan. (Some spoilers below, but we’ll give you a heads up before any major S2 reveals.) From its inception, Daredevil: Born Again was built around the conflict between Matt Murdock/Daredevil (Charlie Cox) and Wilson Fisk/Kingpin (Vincent D’Onofrio), with Fisk attempting to leave his criminal past behind as the newly elected…
BBC Chief Political Correspondent Henry Zeffman explains what is next for the government after the King’s Speech. Source link
Jonathan Raa | Nurphoto | Getty ImagesOil production among OPEC members fell further in April and is down more than 30% since the start of the Iran war in late February, the cartel said in its latest monthly update on Wednesday. OPEC also lowered its demand growth forecast for 2026 to around 1.2 million barrels per day, down from about 1.4 million bpd previously. Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran’s blockade of the Strait of the Hormuz. OPEC production fell by 1.7 million bpd in April after output…
An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025.Brendan McDermid | ReutersAmazon is axing its Rufus chatbot and making its Alexa assistant the centerpiece of its artificial intelligence shopping strategy. The company on Wednesday launched Alexa for Shopping, an e-commerce bot that can answer queries and take actions on behalf of users. Amazon said the tool brings together Rufus and Alexa+, and taps users’ shopping history and other data to be “the world’s best, most personalized AI assistant for shopping.”As part of the move, Amazon is adding Alexa to search…
The health secretary’s supporters tell the BBC he could launch a leadership bid as soon as Thursday. Source link
(This is CNBC’s “Power Insider” newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.)POWER POINTWhat I’m hearing from energy insidersHyperfocused on hyperscaler hypergrowth. I tried to sum up investor thinking into just one sentence. The pace of spending on A.I. is so frenetic it makes the Energizer Bunny look lazy. That growth is coming from the “hyperscalers,” just a fancy term for the big technology companies that are rapidly ramping their bets on artificial intelligence.This energy-related weekly intelligence piece is about artificial intelligence because – in this author’s reasonably humble opinion – there…