The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
The Masters has become the biggest event of the year for private jet companies
Private jet companies are competing for high-spending customers with lavish on-the-ground experiences near the golf course.
Stocks making the biggest moves premarket: Lumentum, ServiceNow, Sandisk & more
These are the stocks posting the largest moves premarket.
BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds
BlackRock’s Jeffrey Rosenberg has a leading role in the firm’s liquid alt ETFs — which use a long-short strategy in ETF wrappers.
Behind China’s ‘active efforts’ for an Iran ceasefire: Business trumps politics
The big risk for Beijing is that the Iran war drags down global demand for the exports that are driving China’s economic growth.
Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
Startup Shengshu plans to use the money for a “general world model,” paving the way for more practical robot applications.
AI threat’s relentless flogging of software stocks shows no end in sight with Anthropic’s new agent
The latest revenue projections and updates from Anthropic revived investor fears of an AI day of reckoning coming for software.
Inflation gauge held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.
Stocks making the biggest moves premarket: Constellation Brands, Datadog, Occidental Petroleum, CoreWeave and more
These are the stocks posting the largest moves in the premarket.