Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

Federal Reserve officials who voted this week against the post-meeting statement said they didn’t think it was appropriate to signal that the next interest rate move would be lower. Regional presidents Neel Kashkari of Minneapolis, Lorie Logan of Dallas and Beth Hammack of Cleveland released statements explaining their votes, offering similar rationale regarding the verbiage…

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Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

Squishmallow display the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 1, 2026. Sarah Min | CNBC OMAHA, Nebraska — At the cavernous exhibit hall inside CHI Health Center Omaha, the annual “Berkshire Bazaar of Bargains” is still stocked with fan-favorite deals, just with a bit more breathing room this year. The 20,000-square-foot…

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Weinstein accuser continues testifying after saying she was struggling with stress

Weinstein accuser continues testifying after saying she was struggling with stress

NEW YORK — The accuser at Harvey Weinstein ′s rape retrial resumed testifying Friday, a day after she said she was having difficulty focusing on the witness stand. Jessica Mann returned to court for further questioning from the former movie magnate’s lawyers, who spent the morning scrutinizing her communications and get-togethers with him after the…

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Outlook for May 4-8, 2026

Outlook for May 4-8, 2026

If next week’s jobs report shows a still resilient labor market, that could relieve investors wary of a weakening economic outlook. The U.S. economy is expected to have added just 50,000 jobs in April, far below the prior blowout reading of 178,000, according to FactSet consensus estimates. The unemployment rate is expected to have held…

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Judge overturns conviction for sitcom writer Linehan over damaging transgender activist’s phone

Judge overturns conviction for sitcom writer Linehan over damaging transgender activist’s phone

Graham Linehan, co-creator of “Father Ted” and “The IT Crowd,” has had his conviction for damaging a transgender activist’s phone overturned LONDON — LONDON (AP) — Graham Linehan, the co-creator of TV sitcoms “Father Ted” and the “IT Crowd,” on Friday had his conviction for damaging the mobile phone of a teenage transgender activist overturned….

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