S&P 500 Edges Higher, Extending Winning Streak

Disney's stock dropped after the media giant reported a quarterly loss. 


 
U.S. consumers pull back sharply on credit-card use in March

Total consumer credit rose at a slower pace in March, the Federal Reserve reported Tuesday. 


 
Pricier Insurance Makes Sense as Climate Risk Grows, Chubb CEO Says

Speaking in California, Evan Greenberg says industry has been setting premiums 'very rationally,' adding that it didn't tell people to 'build magnificent homes in a wildfire zone.' 


 
The Global Solar Power Boom Is Driving a Surge in Silver Demand

Miners are expanding their operations and ramping up production as prices for the precious metal climb to decade highs. 


 
Israeli Forces Seize Key Gaza Crossing Amid Revived Truce Talks

Tanks moved in on the Gazan side of a key crossing to Egypt, securing a strategic corridor. 


 
FDIC Investigation Finds Culture Rife With Sexual Harassment, Discrimination

A law-firm report indicated Chairman Martin Gruenberg has anger issues and questioned his ability to overhaul culture. 


 
Glynn's Take: RBA May Eventually Be Forced to Take Stronger Stand

With the RBA's war on inflation now in its second year, a case can be made to say that the Australian central bank has been too timid in its battle against price growth. 


 
German Factory Orders Remain Sluggish

German manufacturing orders fell unexpectedly in March, a reflection that an industrial rebound in Europe's largest economy might have to wait. 


 
German Trade Gets Export Boost in March

Germany's trade in goods rebounded a little more than expected in March as both exports and imports increased, suggesting renewed demand both at home and abroad. 


 
RBA Keeps Rates on Hold, Repeats Nothing Ruled In or Out

The Reserve Bank of Australia left interest rates unchanged, and stuck with the message that it isn't ruling anything out as it seeks to bring inflation under control.


(END) Dow Jones Newswires

05-07-24 1915ET