Stocks Near All Time High On Slowing Oil Drops
The S P 500 rose 1.1 percent while the Dow gained 507 points and the Nasdaq climbed 1.4 percent as oil fell about 6 percent to $64.37 a barrel. Traders cited hopes of a ceasefire between Israel and Iran and room for Federal Reserve rate cuts.
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Waymo robotaxis expand into Atlanta market with Uber
Waymo and Uber begin driverless passenger rides in parts of Atlanta as part of a broader partnership. About 100 fully driverless vehicles operate in Austin, while Atlanta coverage starts at 65 square miles. Uber allows riders to choose a human-driven option. Waymo app trips and Uber app trips both feed into the service.
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Powell Resists Immediate Fed Rate Cut Call
Fed Chair Jerome Powell says the central bank will wait to see how the economy evolves before any rate reduction. He faced questions from Republicans urging quicker borrowing-cost relief and noted tariff inflation could influence timing, but he did not commit to July action.
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Charitable giving rose in 2024 says Giving USA report
The Chronicle of Philanthropy reports total donations at 592.5 billion dollars in 2024, up 3.3 percent after inflation. Corporate giving rose 6 percent, individual giving 5 percent, foundation giving fell slightly, and bequests declined 4.4 percent amid market uncertainty and federal funding shifts.
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Jon Bergdoll
Giving USA
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