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- Wall Street begins May under pressure after a terrible April that broke five straight months of gains. ADP’s monthly report on hiring at U.S. companies showed stronger-than-expected job growth in April, showing labor market resilience. The government’s jobs data is out Friday.
- The Federal Reserve is expected to hold interest rates steady when it ends its two-day meeting Wednesday afternoon. The market is trying to adjust to “higher for longer” rates. The question the press might ask Fed chief Jerome Powell at his news conference: Would you raise or lower?
- Amazon‘s UPOD, under promise and over deliver, is at its best. The e-commerce and cloud giant crushes estimates and its own guidance on first-quarter operating income. Light guidance looks conservative. The benefits of cost control measures were on full display during the first three months of 2024. The Club stock is up roughly 1.5%. We raised our price target to …
How a trans activist group undermined medical science / Aaron Wudrick and Mia Hughes
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Russian information and influence campaigns in CANADA / Marcus Kolga / MLI in Parliament
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We’re falling further behind China in critical minerals: Heather Exner-Pirot in the Financial Post
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