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TradeBriefs Editorial

From the Editor's Desk

How the cosmic microwave background proves the Big Bang

Less than a century ago, we had many different ideas for what the history of our Universe looked like, but shockingly little evidence available to decide the issue. Hypotheses included suggestions that our Universe:

That last example corresponds to what we know today as the hot Big Bang, while all the other challengers (including newer ones not mentioned here) have fallen by the wayside. Since the mid-1960s, in fact, no other explanation has held up to the observations. Why is that' That’s the inquiry of Roger Brewis, who would like some information about the following:

Continued here


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Ban on non-compete agreements sends shockwave across Wall Street - FT (No paywall)  
  

Financial companies scramble to rework contracts and tie down personnel after US Federal Trade Commission rule


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Women should give up vaping if they want to get pregnant, study suggests  
  

Last week a report said children addicted to vaping should be given nicotine patches or gum to help them break their habit. Public Health Wales, one of the organisations that makes up NHS Wales, said vaping should be seen as a “dependency issue” rather than a deliberate act of misconduct, with young people needing support to quit.


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Gaza's 37m tonnes of bomb-filled debris could take 14 years to clear, says expert  
  

But the complex plan is still mired in fears over security and how supplies will be delivered; critics have warned the project is in danger of becoming a "smokescreen" for the planned invasion of Rafah.


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Trump to set interest rates himself under secret presidential plan  
  

Trump to set interest rates himself under secret presidential plan
Broaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.


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Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble  
  

Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble
These divergences have reduced concentration risk in a way that could dampen any eventual sell-off. In the meantime, if you subscribe to BofA\'s view, you should be watching the 10-year real yield for a signal of when any such downturn is coming.


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Regulators close Philadelphia-based Republic First Bank, first US bank failure this year  
  

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Last month, an investor group including Steven Mnuchin, who served as U.S. Treasury secretary during the Trump administration, agreed to pump more than $1 billion to rescue New York Community Bancorp, which has been hammered by weakness in commercial real estate and growing pains resulting from its buyout of a distressed bank.














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Nvidia Shares Go on a $290 Billion Tear as Clients Splurge on AI  
  

Nvidia Shares Go on a $290 Billion Tear as Clients Splurge on AI
“I hate to say things are a no-brainer,” Marino said. “But if you take a look at all the budget lines and all the capex spending, where is that going' It’s got to go to Nvidia, they have the best chips.”


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Opinion | The Student-Led Protests Aren't Perfect. That Doesn't Mean They're Not Right.  
  

Opinion | The Student-Led Protests Aren't Perfect. That Doesn't Mean They're Not Right.
On Wednesday morning, on a corner across the street from Columbia University, a man dressed in black, a huge gold cross around his neck, brandished a sign that featured a bloodstained Israeli flag and the word “genocide” in capital letters. He was also shouting at the top of his lungs.


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Opinion | A Simple Act of Defiance Can Improve Science for Women  
  

Opinion | A Simple Act of Defiance Can Improve Science for Women
Dr. Kiers is a professor of evolutionary biology at Vrije Universiteit in Amsterdam and the executive director of SPUN, a research organization that advocates the protection of mycorrhizal fungal communities.


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Federal Reserve's preferred inflation metric rose to 2.7% in March - FT (No paywall)  
  

Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectations


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Michael C. Jensen, 84, Who Helped Reshape Modern Capitalism, Dies  
  

Michael C. Jensen, 84, Who Helped Reshape Modern Capitalism, Dies
Then, in 1970, the economist and free-market theorist Milton Friedman published his groundbreaking essay “A Friedman Doctrine — The Social Responsibility of Business Is to Increase Its Profits,” in The New York Times Magazine.


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Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant  
  

Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel will help its own business and enable better performance in its products if it regains the lead in making the smallest transistors. If that happens, Intel will be back, as Gelsinger is fond of saying.


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Key Fed inflation measure rose 2.8% in March from a year ago, more than expected  
  

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Services prices increased 0.4% on the month while goods were up 0.1%, reflecting a swing in consumer prices as goods inflation dominated since the early days of the Covid pandemic. Food prices showed a 0.1% decline on the month while energy rose 1.2%.


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King Charles to Return to Public Duties, Reassuring Anxious Royal Watchers  
  

King Charles to Return to Public Duties, Reassuring Anxious Royal Watchers
Charles, 75, has continued to hold meetings during his treatment, including weekly sessions with Prime Minister Rishi Sunak and a video call with Prime Minister Justin Trudeau of Canada. But his absence has put a strain on other members of the family, particularly Camilla, who has stood in for him on several occasions, including a trip to Northern Ireland. Catherine’s husband, Prince William, has only recently returned to work, after taking time off to care for his wife.


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Air Canada apologizes after headdress of First Nations chief removed to hold  
  

Alvin Fiddler, grand chief of Nishnawbe Aski Nation described the incident as “shameful” and called on the country’s flagship carrier to “ensure all members of your team are aware and follow all protocols on handling sacred items”.


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Are You Saving Enough To Be In The Top 3% Of Retirees' Here's How Much You Need  
  

Are You Saving Enough To Be In The Top 3% Of Retirees' Here's How Much You Need
As retirement planning is a crucial aspect of financial health, understanding where you stand compared to these benchmarks is key. If you\'re curious about how your retirement savings stack up or need strategies to boost your financial security, consulting with a financial adviser can provide personalized guidance and planning. An adviser can help you navigate your unique financial landscape, ensuring you make the most of your investments and approach retirement with confidence.


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Opinion | The Mostly Persuasive Logic Behind the New Ban on Noncompetes  
  

Opinion | The Mostly Persuasive Logic Behind the New Ban on Noncompetes
The Federal Trade Commission used two very different rationales to get to its near-total ban this week on noncompete agreements. One of them is a no-brainer. The other is provocative but not completely obvious. I guess I’d call it a brainer.


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Leader of Federal Student Aid Office Steps Down After College Admissions Crisis  
  

Leader of Federal Student Aid Office Steps Down After College Admissions Crisis
Before joining the department, Mr. Cordray spent six years as the first director of the Consumer Financial Protection Bureau, where he pursued debt collectors and financiers and helped extract around $12 billion in refunds and canceled debts for nearly 30 million people.


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American Airlines cuts some international flights into 2025, citing Boeing delivery delays  
  

American Airlines cuts some international flights into 2025, citing Boeing delivery delays
American said it will continue to offer 55 long-haul international routes this winter and that it will add nonstop service between Philadelphia and Barcelona on a daily basis starting in January, as well as seasonal service between Miami and Montevideo, Uruguay. It will also add three-times-a-day flights between Miami and Sao Paulo.


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A CVS Health pharmacy in Vegas becomes first to join new national pharmacy union  
  

A CVS Health pharmacy in Vegas becomes first to join new national pharmacy union
The Pharmacy Guild is seeing momentum build in other parts of the country. Pharmacy staff at two retail stores in Rhode Island have officially confirmed that they filed to unionize with the guild, according to Jerominski.


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Blinken to Return to Israel to Discuss Hostages and Planned Rafah Incursion  
  

Blinken to Return to Israel to Discuss Hostages and Planned Rafah Incursion
The United States has proposed a deal through Egyptian and Qatari intermediaries in which Hamas would release 40 of the most vulnerable hostages in exchange for a six-week truce and the release of hundreds of Palestinians held in Israeli prisons.


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Paramedic convicted over Elijah McClain killing sentenced to probation  
  

The protests over McClain and Floyd also ushered in a wave of state legislation to curb the use of neck holds known as carotid restraints, which cut off circulation, and chokeholds, which cut off breathing. At least 27 states including Colorado have passed some limit on the practices. Only two had bans in place before Floyd was killed.


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Baby dies and two others hospitalized in fentanyl overdoses in Washington state  
  

Drug overdose deaths in the US went up slightly in 2022 after two big jumps during the Covid pandemic, and provisional data for the first nine months of 2023 suggests it inched up again last year.


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PEN America cancels festival after authors drop out in support of Gaza  
  

A growing chorus of writers and translators have condemned PEN America for failing to strongly denounce the genocide in Palestine and call for a ceasefire following Israel’s attacks on the territory.


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The Average American 401(k) Balance Grew This Much in 2023. Is Yours Keeping Pace'  
  

The Average American 401(k) Balance Grew This Much in 2023. Is Yours Keeping Pace'
One way to get help planning for retirement is to work with a financial advisor. Finding a financial advisor doesn\'t have to be hard. SmartAsset\'s free tool matches you with up to three vetted financial advisors who serve your area, and you can have free introductory calls with your advisor matches to decide which one you feel is right for you. If you\'re ready to find an advisor who can help you achieve your financial goals, get started now.


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Three Questions About Politics and the Campus Protests  
  

Three Questions About Politics and the Campus Protests
The students demonstrating on college campuses across the nation are a physical embodiment of the way that the Democratic base has been divided by the war in Gaza. They have drawn renewed attention to the disappointment many young and progressive voters feel about the Biden administration’s support of Israel in a conflict that has killed tens of thousands of Palestinians. (While largely peaceful, the protests have also been criticized for some demonstrators’ use of antisemitic language.)


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Boeing: Dead whistleblower warned of safety breaches  
  

Boeing: Dead whistleblower warned of safety breaches
It also drew attention to a decision made earlier in Mr Barnett\'s case, in 2020, in which the US Occupational Safety and Health Administration concluded the company had not breached whistleblower protection law.


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He Paid $13 for $13,000 Cartier Earrings, and Then the Jeweler Noticed  
  

He Paid $13 for $13,000 Cartier Earrings, and Then the Jeweler Noticed
The purchase initiated a monthslong tussle between Mr. Villareal, a surgery resident from the northern state of Tamaulipas, and Cartier, with hundreds of social media users following along — some cheering, others taunting — and even a Mexican senator weighing in on the dispute. But Mr. Villarreal said on Friday that he had received the earrings for the steeply discounted price and noted that he had a special person in mind to be their recipient.


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Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions  
  

Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions
\"People are dying due to misplaced confidence in Tesla Autopilot capabilities. Even simple steps could improve safety,\" Koopman said. \"Tesla could automatically restrict Autopilot use to intended roads based on map data already in the vehicle. Tesla could improve monitoring so drivers can\'t routinely become absorbed in their cellphones while Autopilot is in use.\"


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Starbucks, Workers United made 'significant progress' in this week's contract talks   
  

Starbucks, Workers United made 'significant progress' in this week's contract talks
Labor laws do not require that the employer and union reach a collective bargaining agreement, only that both bargain in good faith. After a year, workers who lose faith in the union can petition to decertify, putting a ticking clock on negotiations. 


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Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge  
  

Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge
\"Finally, I worry that a non-incarceratory sentence will send a message — to her and to others like her — that it is okay to violate and exploit others for your own personal gain, regardless of the humiliation and pain it causes,\" Biden wrote. \"Please send a message that these types of damaging criminal actions will not be tolerated.\'\'


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Denied a Second Chance at a Normal Senior Year  
  

Denied a Second Chance at a Normal Senior Year
It is a story that is playing out across the country. Millions of high schoolers had their senior years upended by Covid in 2020, being left to celebrate their momentous occasion in isolation. Four years later, many of those same students have had the traditions of their senior years foiled once again, this time in response to the Israel-Hamas war, and the attempts by universities to shut down or contain widespread protests.


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A Strike Looms in a Battleground State  
  

A Strike Looms in a Battleground State
President Biden said today that he would participate in a debate with Donald Trump. His comments were a striking shift after months in which he declined to commit to a debate. Trump’s campaign responded: “OK let’s set it up!”


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Britney Spears and Her Father Settle Legal Dispute Over Conservatorship  
  

Britney Spears and Her Father Settle Legal Dispute Over Conservatorship
Alex M. Weingarten, a lawyer for Mr. Spears, said he could not discuss the terms of the settlement because they are confidential but he agreed that the parties had resolved all outstanding issues. One of the filings stated that his client “is fully and finally discharged as Former Conservator of the Estate.”


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Orca calf successfully returned to open water after bold rescue in Canada  
  

kʷiisaḥiʔis is a Bigg’s killer whale, an ecotype of the species that has different social structures than the endangered southern resident killer whales. With movement of Bigg’s whales to different pods, experts say the calf has a high likelihood of being accepted by extended family.


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Sarah Hanson-Young softens demand for inquiry into Murdoch media  
  

“It’s absolutely fundamental to a well-functioning democracy that people have access to fact-tested news and reliable information sources. We intend to back local journalism, we think it’s a critical pillar in our democracy.”


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Eighth person charged over Wakeley church riot, say NSW police  
  

The counter-terror arrests were carried out by the Sydney joint counter-terrorism team, comprised of members of the NSW police, Australian federal police, Australian Security Intelligence Organisation (Asio) and NSW Crime Commission.


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Two dead in separate stabbings in NSW  
  

Meanwhile, a 16-year-old boy died after a stabbing in the state’s west. Emergency services were called to a home in the small town of Narromine, about 40km west of Dubbo, at 9pm on Friday after reports of a stabbing.


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US to provide Patriot missiles to Ukraine as part of fresh $6bn aid package  
  

“There’s some near-term effects,” said Brown, who stood alongside Austin at the Pentagon briefing. “Now the Ukrainians don’t necessarily have to ration what they have because they know things are coming out of this package and there will be follow-on packages.”


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Andrew Tate's human trafficking trial can proceed, Romanian court rules  
  

Tate, a kickboxer who has 9.1 million followers on X, has repeatedly claimed that prosecutors have no evidence against him and that there is a political conspiracy to silence him. He was previously banned from various social media platforms for expressing misogynistic views and for hate speech.


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Pro-Palestine murals in London face council review and removal  
  

A Tower Hamlets council spokesperson said: “We remove all graffiti from council-owned buildings and property as quickly as possible. For private properties, it is the owner’s responsibility to keep their property clear of graffiti, but with their agreement we can help with removal.”


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Reading terror attack deaths were avoidable, inquest finds  
  

Tim Metcalfe, assistant chief constable of Thames Valley police, said the force acknowledged the conclusions, adding: “We will of course need time to fully consider and we await the full details of any formal recommendations.”


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Teaching assistants routinely cover lessons in England and Wales, survey finds  
  

A Department for Education spokesperson said: “We have undertaken the biggest reform of training and development in a generation, and … recognise the key role teaching assistants play in supporting children and young people with SEND. We are developing practitioner standards for all frontline staff to help them identify and support the needs of these children.”


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CAA cancels counter-protest against London pro-Palestinian march  
  

Amid talk of further clampdowns on protest, Ben Jamal, of the Palestinian Solidarity Campaign, one of the march’s organisers, said: “The right to protest is absolutely vital to the effectiveness of our democracy. Public opinion is in favour of an immediate ceasefire, but we need to push our political establishment to take heed.


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Taylor Swift equals Madonna's record of 12 UK No 1 albums  
  

According to data by US live music analysts Pollstar, Eras had already made over $1bn in revenue by the end of 2023, and estimates that by the end of the tour in December it will gross over $2bn - comprehensively beating the previous record of $939m set by Elton John's farewell tour.


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Columbia University calls for inquiry into leadership as student protests sweep 40 campuses  
  

The University of Southern California canceled its main commencement ceremony, a blow to students who began their degrees in the long isolation of the Covid-19 pandemic, and marches and protest camps have also occurred at UC Berkeley and Cal Poly Humboldt in northern California.


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Minneapolis backs $150,000 settlement for George Floyd witness's PTSD lawsuit  
  

Chauvin was convicted of state murder charges in Floyd's death and was sentenced to 22.5 years. He also pleaded guilty to a separate federal charge of violating Floyd's civil rights. Thao and two other former officers are serving shorter sentences.


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Hush-money trial live: Trump appears to repeat call for lifting of gag order after Pecker testimony ends - as it happened  
  

"Based on our original agreement," Pecker recalled, "any stories … that would be very embarrassing, I want to communicate that to Michael Cohen right away. If he heard it from somebody else, [Cohen] would go ballistic."


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Grant Cardone Slams Biden For Copying Canada's High Proposed Capital Gains Tax Noting 'Red' Shift: 'Can't Even Come Up With His Own Ideas'  
  

Grant Cardone Slams Biden For Copying Canada's High Proposed Capital Gains Tax Noting 'Red' Shift: 'Can't Even Come Up With His Own Ideas'
The proposal may have been overshadowed by broader public reactions to the headline figure of 44.6%, stirring debate over the appropriate contribution of the wealthy to the nation\'s coffers versus the potential risks of stifling economic growth.


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Intel CEO confident in its AI future after posting soft guidance  
  

Intel CEO confident in its AI future after posting soft guidance
Brian Sozzi is Yahoo Finance\'s Executive Editor. He is also the host of the \'Opening Bid\' podcast. Follow Sozzi on Twitter/X @BrianSozzi and on LinkedIn. Tips on deals, mergers, activist situations, or anything else' Email [email protected]. Are you a CEO and want to come on Yahoo Finance Live' Email Brian Sozzi.


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