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18

S&P Cuts Boeing's Ratings Outlook to Negative

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A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.

Southwest to Exit Four Airports as Boeing's Problems Ripple Through Industry

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Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.

U.S. Natural Gas Storage Build Exceeds Expectations

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U.S. natural gas inventories increased more than expected last week, keeping pressure on futures prices.

Microsoft Hopes to See Continued AI Mania

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Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.

What the GDP Report Says About Inflation: A Hot First Quarter

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Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.

Google Parent Alphabet Looks to Continue Revenue Growth

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The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.

GDP and the Dow Are Up. But What About American Well-Being?

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The standard ways of measuring economic growth don’t capture what life is like for real people. A new metric offers a better alternative, especially for seeing disparities across the country.

17

Why the GDP Report Fueled a Bond-Market Selloff

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The results suggest that either the March inflation number, which will be reported Friday, will be higher than expected, or that figures for January and February will be revised up—or a combination of both.

U.S. Economic Growth Slows to 1.6%, Inflation Stays Firm

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Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.

Weinstein Sex-Crimes Conviction Thrown Out by New York High Court

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The court ruled the disgraced film producer didn’t receive a fair trial, ordering new proceedings in landmark #MeToo case.

Haitian Prime Minister Ariel Henry Resigns

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Henry’s resignation opens the way for a new caretaker government that would welcome a foreign, U.S.-backed security force to combat gangs that have laid siege against the state.

The Father of Nutrition Labels Doesn't Count Calories and Loves Ice Cream

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Peter Barton Hutt has left his mark on hundreds of millions of food products in the decades since he introduced labeling rules to America.

The FCC Is Set to Restore Net Neutrality. What It Means for the Internet

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The federal agency will start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websites

Benny Blanco Is the Perfect Boyfriend. He Even Cooks.

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The Grammy-nominated music producer, Selena Gomez’s boyfriend and cookbook author wants to see your O-face when you take a bite of one of his recipes.

16

What's Driving the Bond Selloff?

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The yield on 10-year Treasurys jumped above 4.7% after the data. While growth was disappointing, the read on inflation complicates the picture.

Stocks Fall After GDP, Inflation Data

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Stocks fell sharply after data showed the U.S. economy slowed in the first quarter. Nasdaq posted the biggest losses as Meta dragged down the wider tech sector.

Energy Department Gets Power Over Big Grid Projects

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In a bid to fast track grid-infrastructure construction, the department is set to become the lead federal agency coordinating environmental approval of major transmission projects.

Hermes Posts Sales Growth Across All Markets

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Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.

Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says

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Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.

How Australia Struggled to Get Elon Musk's X to Remove Video of a Terrorist Attack

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Musk argues that agreeing to hide footage of the stabbing of a bishop from users worldwide would risk allowing any country to control the entire internet.

15

Persistently High Commodity Prices Could Delay Rate Cuts

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Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.

Dow Falls More Than 600 Points

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Follow along for reactions across financial markets.

Mitch McConnell Wants Military Buildup After Big Win on Ukraine Aid

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The Senate minority leader is pushing to boost military spending to confront China, Iran, Russia as he prepares to leave his post.

Energy & Utilities Roundup: Market Talk

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Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.

Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump

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The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.

Tech, Media & Telecom Roundup: Market Talk

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AT&T, Rogers Communications and more in the latest Market Talks covering Technology, Media and Telecom.

Auto & Transport Roundup: Market Talk

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Jet2, Volvo Car and more in the latest Market Talks covering the Auto and Transport sector.

Basic Materials Roundup: Market Talk

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Air Liquide, Hochschild Mining and more in the latest Market Talks covering Basic Materials.