Nigeria Floods Devastate Northern Market Towns

Saturday, May 31, 2025, 9:21 am

Flooding in Nigeria has wreaked havoc on communities in a northern market town, with torrential rains resulting in at least 151 fatalities and displacing thousands of residents. Emergency services are scrambling to provide relief amid mounting concerns over worsening climate conditions.

nypost.com / Devastating flooding in Nigeria kills over 151, displaces thousands

cbsnews.com / Death toll after floods submerge Nigeria town rises to 151; thousands displaced

permalink / 2 stories from sources in 7 hours ago #community #weather-disruptions #disaster #market

OPEC+ Approves Oil Output Increase Amid Price Slump Concerns

Saturday, May 31, 2025, 8:21 am

Oil‐producing nations in the OPEC+ bloc have agreed on an output increase, with a new supply surge and a planned July hike of 411,000 barrels per day. This coordinated maneuver is designed to deepen the ongoing price slump amid market volatility.

cnbc.com / OPEC+ discusses July oil output hike, focusing on 411,000 barrels per day, sources say

bloomberg.com / OPEC+ Agrees on Third Oil Supply Surge to Deepen Price Slump - Bloomberg.com

permalink / 2 stories from sources in 8 hours ago #trade #international-assistance #market #oil

Mondelez fights alleged packaging rip-offs by Aldi

Friday, May 30, 2025, 3:22 pm

Mondelez is taking legal action against Aldi over claims that the discount chain shamelessly copied the packaging of its popular snacks—including Oreo, Wheat Thins and Nutter Butter—to the point where trademarks are being thrown around like confetti at a parade.

theepochtimes.com / Oreo Maker Mondelez Sues Aldi Over Alleged Trademark Infringement

cbsnews.com / Aldi accused by Oreo maker Mondelez of copying its packaging

permalink / 2 stories from sources in 25 hours ago #legal #trade #market #retailers

Trump Accuses China of Violating Trade Deal, Shaking Markets

Friday, May 30, 2025, 10:22 am

President Trump has claimed that China “totally violated” an existing trade agreement with the United States, a remark that triggered a modest drop in stock futures. The statement has raised eyebrows among analysts and market watchers, who can’t help but let a little snark seep through the usually buttoned-up financial commentary.

theepochtimes.com / President Trump Says China Violated Trade Deal | Business Matters (May 30)

theepochtimes.com / Musk Departs From DOGE; Trump Says China ‘Totally Violated’ Trade Agreement With US | Capitol Report

oann.com / Trump says China violated trade truce

go.com / Trump claims China 'totally violated' trade agreement with US

cbsnews.com / Stock futures fall after Trump accuses China of violating trade agreement

cnn.com / Stocks futures drop as Trump claims China has ‘violated’ trade agreement - CNN

permalink / 6 stories from sources in 30 hours ago #trump #trade #china #market

Easing inflation gauge reveals lower-than-expected price growth

Friday, May 30, 2025, 8:21 am

Two separate reports indicate that the U.S. inflation rate eased in April, with the Personal Consumption Expenditures index showing a slightly lower-than-forecast reading. Analysts suggest these moderated numbers could influence future Fed policy decisions amid ongoing inflation concerns.

foxbusiness.com / Fed's favored inflation gauge shows consumer prices eased in April

nypost.com / Fed’s preferred inflation gauge cools to lowest level since September — calming rattled markets

cnbc.com / Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

cbsnews.com / Inflation cools in April, according to Fed's preferred gauge

cbsnews.com / Key U.S inflation gauge shows price growth cooled in April

cbsnews.com / New data shows slight improvements in consumer sentiment, inflation

bloomberg.com / US Consumer Spending Growth Slows While Inflation Remains Soft - Bloomberg.com

permalink / 7 stories from sources in 32 hours ago #fiscal-policy #market #treasury #inflation

Trump lashes out at Wall Street’s TACO acronym critique

Thursday, May 29, 2025, 6:22 pm

The president fired back at Wall Street for coining the “TACO” acronym to mock his trade policies, dismissing the label as nonsensical. In a series of rapid responses, Trump’s vitriolic remarks showcase both his sensitivity to media spin and his determination to control the narrative on his economic agenda.

Bluesky: @foxnews.com.web.brid.gy

foxnews.com / Trump tears into court's 'political' tariff decision, calls on Supreme Court to act and more top headlines

foxnews.com / US trade with the EU is out of whack. Trump needs to stay tough on tariffs to fix it

cnbc.com / U.S. foreign tax bill sends jitters across Wall Street

go.com / Trump lashes out over viral 'TACO trade' meme. What does it stand for?

axios.com / The global economy's trade paralysis will only get worse now

cbsnews.com / Trump slams Wall Street's "TACO" acronym used to describe his economic policies

cnn.com / Trump’s tariffs are under threat, but ports aren’t seeing a big rebound yet. That’s bad news for prices - CNN

alternet.org / 'Serious question': Creator of viral Trump nickname fears he may tank economy out of spite

permalink / 8 stories from sources in 46 hours ago #trump #politics #market #wall-street

e.l.f. Acquires Hailey Bieber’s Skincare Brand in $1B Deal

Thursday, May 29, 2025, 9:22 am

In a dazzling beauty industry move, e.l.f. Beauty has secured a $1 billion acquisition of Hailey Bieber’s Rhode brand. Amid solo celebrations and stylish soirées, the deal underscores the growing clout of celebrity-backed beauty empires in a fiercely competitive market.

pagesix.com / Hailey Bieber reaches billionaire status after signing massive deal for Rhode

pagesix.com / Hailey Bieber celebrates her $1B beauty deal at dinner — sans Justin Bieber

cnbc.com / Analysts are bullish on E.l.f. Beauty after takeover of Hailey Bieber's Rhode

go.com / e.l.f. cosmetics acquires Hailey Bieber's rhode beauty brand for $1 billion

cbsnews.com / E.l.f. Beauty calls Hailey Bieber an industry disruptor amid Rhode sale

cnn.com / Hailey Bieber’s beauty brand rhode just sold to e.l.f. for $1 billion - CNN

permalink / 6 stories from sources in 2 days ago #market #retailers #beauty #billionaire

Analysts Discuss Nvidia Earnings Amid Market Anticipation

Wednesday, May 28, 2025, 4:22 pm

With Nvidia set to report post-bell earnings, analysts are busy weighing forecasts, oscillating between bullish projections and pointed questions over its growth path. The chatter—rich with both hope and skepticism—illustrates the market’s enthrallment with whether the chip giant can sustain its high-flying tech wizardry in a challenging economic backdrop.

Bluesky: @shelbienameless.bsky.social, @urocklive1.bsky.social, @jessicaperthwa.bsky.social, @mmc123.bsky.social, @daphe.bsky.social

foxbusiness.com / Nvidia shares rise on strong Q1 earnings, despite export control headwinds

nypost.com / Nvidia shares pop on strong AI demand despite hit from China chip restrictions

cnbc.com / We're raising our Nvidia price target after a great quarter and rosy guidance

cnbc.com / Stock futures rise after Nvidia posts earnings beat: Live updates

cnbc.com / Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market

cnbc.com / Stocks making the biggest moves after hours: Nvidia, Salesforce, HP and more

cnbc.com / Nvidia is due to post earnings after the bell. What analysts are saying ahead of the report

bloomberg.com / Stock Futures Gain as Nvidia Posts Strong Results: Markets Wrap - Bloomberg.com

bloomberg.com / Nvidia Gives Solid Forecast, Even as China Slump Mars Growth - Bloomberg.com

bloomberg.com / Live: Nvidia Earnings Analysis - Bloomberg.com

permalink / 10 stories from sources in 3 days ago #innovation #trade #market #billionaire

Skittles reformulates candy recipe amid health concerns debate

Wednesday, May 28, 2025, 2:22 pm

Facing mounting public health critiques, Skittles has dropped titanium dioxide—a controversial additive linked to DNA damage—from its formula. The confectionery giant insists that the move aligns with U.S. safety compliance, marking a rare, recipe-altering response to consumer and activist pressure.

foxnews.com / Popular rainbow candy just got a major ingredient change as Skittles drops additive

nypost.com / Skittles drops additive as popular rainbow candy makes major ingredient change

oann.com / Skittles removes color additive from candies identified by RFK Jr. as a ‘toxin’

bloomberg.com / Skittles Removes Controversial Additive Targeted by RFK Jr. - Bloomberg.com

permalink / 4 stories from sources in 3 days ago #healthcare #safety #market #retailers

Anthropic taps Netflix co-founder for board seat

Wednesday, May 28, 2025, 1:23 pm

In a notable move in the AI sector, Anthropic has appointed Netflix Chairman Reed Hastings to its board of directors. The appointment is viewed as a strategic effort to merge creative tech leadership with innovative startup expertise as the company scales up its operations.

cnbc.com / Anthropic appoints Netflix Chairman Reed Hastings to AI startup's board of directors

bloomberg.com / Anthropic Appoints Netflix Co-Founder Reed Hastings to Board - Bloomberg.com

permalink / 2 stories from sources in 3 days ago #staff-shakeup #innovation #entertainment #market

Tag / #market

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