US dollar edges higher as GDP, jobless claims affirm rate hike bets

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is viewed as not likely to deter the Federal Reserve from raising interest rates next week. The advance estimate of first-quarter gross domestic product (GDP) showed a 1.1% annualized rate during the period. The …

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Meta merges ad and business messaging product groups – The Information

(Reuters) – Meta Platforms has merged its advertising product, business messaging and commerce departments into one division, The Information reported on Thursday, citing an internal message by company executive John Hegeman. The move comes as part of a broader effort by the social media company to reduce the ranks of middle management across the company, …

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Berlin gets first conservative mayor in more than two decades

By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – Berlin appointed its first conservative mayor in more than two decades on Thursday after the Christian Democrats (CDU) beat Chancellor Olaf Scholz’s Social Democrats (SPD) in a repeat election in February, dislodging its centre-left coalition. Kai Wegner, 50, a former insurance salesman, was sworn in as …

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UN rights chief urges UK to reverse ‘troubling’ Public Order Bill

GENEVA/LONDON (Reuters) -The U.N. human rights chief called on the British government on Thursday to reverse legislation that would clamp down on protests by giving police in England and Wales more powers to act to prevent serious disruption. Britain’s Conservative government said the new powers are needed to prevent a small minority, who have been …

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US economic growth slows in first quarter as businesses draw down inventories

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth slowed more than expected in the first quarter as an acceleration in consumer spending was offset by businesses liquidating inventories in anticipation of weaker demand later this year amid higher borrowing costs. The first decline in private inventories in 1-1/2 years reported by the Commerce Department …

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Gobernador de Florida DeSantis dice que la demanda de Disney no tiene fundamento y es política

Por Emily Rose JERUSALÉN, 27 abr (Reuters) – El gobernador de Florida, Ron DeSantis, rechazó el jueves las acciones legales emprendidas en su contra por Walt Disney Co, calificándolas de políticas y acusando al gigante mundial del entretenimiento de falta de responsabilidad y transparencia. Disney, en una demanda presentada esta semana, acusó a la administración …

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