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BlackRock's executive pay wins 67% support at annual meeting
BOSTON, May 15 (Reuters) - Top asset manager BlackRock BLK.N said on Thursday that 67% of votes cast at its annual meeting were in support of its executive pay, a relatively low level. Proxy adviser Institutional Shareholder Services had recommended investors vote against the pay of top executives i...Reuters
Thu, May 15
Other
Turkey says it expects Syrian Kurdish militia to fulfil Damascus deal
ANTALYA, Turkey, May 15 (Reuters) - Foreign Minister Hakan Fidan said on Thursday that Turkey expects the Syrian Kurdish YPG militia to fulfil a deal the group agreed with the Syrian government, under which it is to integrate into Syria's armed forces.Turkey regards the YPG as an affiliate of th...Reuters
Thu, May 15
Other
U.S. Stocks Soar, but Treasuries Plunge to “Trump’s Bond Bottom” — What’s Behind the Disconnect?
TradingKey - As the S&P 500 recovers all losses caused by Trump’s new tariff announcements and the Nasdaq enters bull territory, U.S. bonds — also dollar-denominated assets — have notably lagged behind. Of particular concern is that the yield on the 10-year Treasury note has recently surged above...TradingKey
Thu, May 15
Economic Indicator
US Retail Sales rise by 0.1% in April vs. 0% expected
Retail Sales in the United States (US) rose by 0.1% in April to $724.1 billion, the US Census Bureau announced on Thursday. This reading followed the 1.5% increase (revised from 1.4%) recorded in March and came in slightly better than the market expectation for a no change.Fxstreet
Thu, May 15
Economic Indicator
Fed's Powell: Strategy around both jobs and inflation needs to be reconsidered
Fed kicks off two-day framework reviewPowell says world has changed since 2020, framework must adaptPowell: Supply shocks may be more frequent in the futureBy Howard SchneiderWASHINGTON, May 15 (Reuters) - U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs ...Reuters
Thu, May 15
Economic Indicator
US retail sales barely rise in April
WASHINGTON, May 14 (Reuters) - U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and households pulled back on other spending against the backdrop of an uncertain economic outlook. Retail sales edged up 0.1% last mo...Reuters
Thu, May 15
Economic Indicator
US: Initial Jobless Claims matched consensus at 229K last week
US citizens filing new applications for unemployment insurance held steady at 229K for the week ending May 10, as reported by the US Department of Labor (DOL) on Thursday. This print matched initial estimates and the previous week's revised tally of 229K (revised from 228K).Fxstreet
Thu, May 15
Economic Indicator
US annual PPI inflation softens to 2.4% in April vs. 2.5% expected
The Producer Price Index (PPI) for final demand in the US rose 2.4% on a yearly basis in April, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed the 2.7% increase recorded in March and came in below the market expectation of 2.5%.Fxstreet
Thu, May 15
