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Highlights

  1. In About-Face, Wall Street’s Big Donors Warm to Trump

    They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them.

     By

    Kenneth Griffin, the Citadel founder, who once publicly called former President Donald J. Trump a “three-time loser,” said he was giving “serious consideration” to supporting his re-election bid.
    CreditDavid Swanson/Reuters
  2. Inflation Moderated Slightly in April, Offering Some Relief for Consumers

    Prices rose 3.4 percent in April from a year earlier, a slight easing from the previous month and a positive sign for the Federal Reserve.

     By

    CreditKarl Russell
  3. Netflix and the N.F.L. Sign a Three-Season Deal

    Football joins pro wrestling and comedy specials in an expansion of the streaming service’s live offerings, a key step in the company’s overall live TV strategy.

     By

    Netflix’s deal with the N.F.L. marks a first for the streaming service.
    CreditBridget Bennett for The New York Times
  4. Trump Media Stock Rises Again, Adding Billions to Former President’s Stake

    In their first few weeks of trading, shares of Truth Social’s parent company soared, then crashed, and have recently made a strong recovery. Former President Donald J. Trump’s holding is now worth about $6 billion.

     By

    The frenzied trading in Trump Media has been reminiscent of the mania around meme stocks.
    CreditFrank Franklin Ii/Associated Press
  5. Why Is Car Insurance So Expensive?

    Soaring premiums have become a prominent driver of inflation, and insurers say that more increases could be on the way. How did it get like this?

     By

    Auto insurance premiums have helped prevent overall inflation from cooling more quickly, which could force the Federal Reserve to keep interest rates higher for longer.
    CreditMichael Hanson for The New York Times

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  1.  
  2. DealBook Newsletter

    Markets Keep Rising Despite Inflation Concerns

    Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  10. The Stock Market Is Back in Rally Mode

    Investors seized on the latest inflation report as another sign that interest rates could be cut this year, helping push the S&P 500 past its March record.

    By Joe Rennison

     
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