elenaleonova/E+ via Getty Images Consumers' inflation expectations increased for the short- and medium-term horizons and held unchanged at the longer-term outlook, as gas price growth expectations jumped to the highest level since March 2022, the Federal Reserve Bank of New York said on Tuesday, citing its March Survey of Consumer Expectations. On the labor front, consumers saw a higher likelihood...
elenaleonova/E+ via Getty Images Consumers' inflation expectations increased for the short- and medium-term horizons and held unchanged at the longer-term outlook, as gas price growth expectations jumped to the highest level since March 2022, the Federal Reserve Bank of New York said on Tuesday, citing its March Survey of Consumer Expectations. On the labor front, consumers saw a higher likelihood of losing the job they have but were more optimistic about finding a job. Median inflation expectations rose by 0.4 percentage point to 3.4% for the one-year-ahead horizon and by 0.1 pp to 3.1% for the three-year outlook. The median inflation expectation for the five-year-ahead horizon remained at 3.0%. However, uncertainty over future inflation increased at all timeframes. The mean perceived probability of losing one's job in the next 12 months rose by 0.6 pp to 14.4%, but remains below the series' 12-month trailing average of 14.6%. The mean probability of leaving one's job voluntarily in the next year increased by 2.4 pps to 18.3%. The mean perceived probability of finding a job if their current job was lost rose by 1.9 pp to 45.9%. That reading also remained below the 12-month trailing average of 47.5%. Expectations for household finances were little changed. The median expected growth in household income was unchanged at 2.9% in March, while median one-year-ahead household spending growth expectations rose by 0.2 pp to 5.1%. That still indicates that consumers expect that their spending will rise faster than their income. The average perceived probability of missing a minimum debt payment over the next three months grew by 0.7 pp to 12.3%, remaining below its 12-month trailing average of 13.2%. The increase was more pronounced for respondents above the age of 60, those with some college education, and those with annual household incomes below $50K, the New York Fed said. Perceptions of access to credit improved, with a smaller share of households reporting it's harder...
Colin Anderson Productions pty ltd/Stockbyte via Getty Images MarketAxess Holdings ( MKTX ) on Tuesday said it expects a 35% year-over-year growth in block trading average daily volume to $6.6B for the first quarter of 2026. The company sees a 51% increase in total portfolio trading ADV to $1.9B. Dealer-initiated ADV was up 3% from the same quarter last year to $1.9B. MarketAxess saw a year-over-y...
Colin Anderson Productions pty ltd/Stockbyte via Getty Images MarketAxess Holdings ( MKTX ) on Tuesday said it expects a 35% year-over-year growth in block trading average daily volume to $6.6B for the first quarter of 2026. The company sees a 51% increase in total portfolio trading ADV to $1.9B. Dealer-initiated ADV was up 3% from the same quarter last year to $1.9B. MarketAxess saw a year-over-year decline in Q1 total credit fees per million, driven by protocol and product mix. The year-over-year increase in total rates fees per million was driven principally by the impact of client mix. More on MarketAxess MarketAxess: Upside Relies On The Turnaround MarketAxess: Diversification With This Counter-Cyclical Stock MarketAxess Holdings Inc. (MKTX) Presents at UBS Financial Services Conference 2026 Transcript MarketAxess outlines 8%-9% revenue growth target through 2028 as block trading surges MarketAxess Non-GAAP EPS of $1.68 beats by $0.04, revenue of $209.4M misses by $1.95M
Here is a number worth sitting with: strip Nvidia and Micron out of Q1 S&P earnings and overall S&P earnings growth drops to roughly 3%. That came from James Lebenthal in a recent interview, and I haven’t stopped thinking about it since. Tech is expected to grow earnings roughly 30% this year, and virtually all ... Lebenthal: NVDA and Micron account for nearly all S&P tech earnings growth
Here is a number worth sitting with: strip Nvidia and Micron out of Q1 S&P earnings and overall S&P earnings growth drops to roughly 3%. That came from James Lebenthal in a recent interview, and I haven’t stopped thinking about it since. Tech is expected to grow earnings roughly 30% this year, and virtually all ... Lebenthal: NVDA and Micron account for nearly all S&P tech earnings growth
LewisTsePuiLung/iStock Editorial via Getty Images Q4 Results: Reiterate "hold" Rating Broad sell-off of CN tech Baidu ( BIDU ) released its Q4 results towards the end of February. The stock traded at ~$125 right before earnings release. Right now, it trades at $100-$110. The downturn was gradual and attributes more to the broader sell-off of China's tech sector. This goes for internet giants like ...
LewisTsePuiLung/iStock Editorial via Getty Images Q4 Results: Reiterate "hold" Rating Broad sell-off of CN tech Baidu ( BIDU ) released its Q4 results towards the end of February. The stock traded at ~$125 right before earnings release. Right now, it trades at $100-$110. The downturn was gradual and attributes more to the broader sell-off of China's tech sector. This goes for internet giants like Alibaba ( BABA ), fabless chip designers like Cambricon, and domestic chip manufacturers like SMIC. Technicals are weak across names and embarking on a slow repricing since the August tech rally. As we move along the "rocky" environment of 2026 bombarded with more dovish expectations of rates, fears about AI disruptions on certain tech businesses, and heightened volatility due to geopolitical tensions, this provides a correction moment for Chinese tech stocks where excitements were over the roof ever for AI developments. Is the sell-off temporary and what it means for Baidu? For most of the Chinese big-tech names, any value of AI growth is significant but small relative to the companies' sizes. We have Alibaba ( BABA ) which derives most of its value from E-commerce activities and have faced headwinds due to intensified competition with peers like Meituan and JD.com ( JD ). For Baidu, as per my last thesis , it has a huge laggard of legacy business. In fact, revenue has been flat for years while profits have been sliding due its faltering search & ads business. Overall, it is hard to price these businesses purely as "AI winners". The sell-off in tech names like Baidu has been prolonged in 1Q26. In my opinion, it is not a reflection any new headwinds but an opportunity to re-assess what these businesses are really about. Currently, given weak technicals/momentum in CN tech, lacklustre FY25 results, and the backdrop that these names have underwent an extreme rally towards the end of 2025, I think performance will likely be sluggish for the rest of 2026. Key stock returns Yaho...
Presented by Box As frontier models converge, the advantage in enterprise AI is moving away from the model and toward the data it can safely access. For most enterprises, that advantage lives in unstructured data: the contracts, case files, product specifications, and internal knowledge. For enterprise leaders, the question is no longer which model to use, but which platform governs the content th...
Presented by Box As frontier models converge, the advantage in enterprise AI is moving away from the model and toward the data it can safely access. For most enterprises, that advantage lives in unstructured data: the contracts, case files, product specifications, and internal knowledge. For enterprise leaders, the question is no longer which model to use, but which platform governs the content those models are allowed to reason over. "It's not what the model does anymore, it's the enterprise's own unstructured data – their content, how it's organized, how it's governed, and how it's made accessible to the AI." says Yash Bhavnani, head of AI at Box. "The organizations that will lead in AI are the ones that built the governance infrastructure to make any model trustworthy, with the right permissions in place, the right content accessible, and a clear audit trail for every action taken," says Ben Kus, CTO of Box. Enterprise AI must be grounded in secure systems of record As the advantage in AI shifts from models to governed content, systems of record are becoming the foundation that makes enterprise AI trustworthy. Employees use frontier models to summarize documents, draft reports, answer questions, but when those tools are disconnected from authoritative internal repositories, the results are difficult to trust, impossible to audit, and potentially dangerous. AI that cannot trace its outputs back to a governed source of record becomes a liability. "It's not a theoretical concern," Bhavnani says. "For an insurance enterprise using AI to analyze client claims, low accuracy is simply not acceptable, and untraceable output can't be acted upon." Systems of record provide authoritative, version-controlled content with embedded permissions and compliance controls already built in, and RAG pipelines retrieve data from live repositories at inference time, connecting responses directly to current, traceable sources. Without integration into systems of record, employees build ...
The Whole New World composer who soundtracked millennial childhoods and won eight Oscars looks back on a stellar career Get our weekend culture and lifestyle email In early 1991, the composer Alan Menken took a keyboard to St Vincent’s hospital in New York to visit his friend and creative partner, the lyricist Howard Ashman. Ashman was in the final stages of Aids-related illness, but was determine...
The Whole New World composer who soundtracked millennial childhoods and won eight Oscars looks back on a stellar career Get our weekend culture and lifestyle email In early 1991, the composer Alan Menken took a keyboard to St Vincent’s hospital in New York to visit his friend and creative partner, the lyricist Howard Ashman. Ashman was in the final stages of Aids-related illness, but was determined to finish his work on Disney’s Aladdin. Together, they knocked out the music and lyrics for Prince Ali – one of the movie’s most joyous numbers – as Ashman lay in bed. Menken and Ashman had already collaborated on Disney’s hit 1989 animated musical The Little Mermaid; in the winter of 1991, they were putting the finishing touches on Aladdin and Beauty and the Beast simultaneously. Ashman was “fighting for his life” while they were working on all three, Menken recalls from his home studio in upstate New York. At first, he had no idea his friend was sick, let alone battling HIV; Ashman only revealed his diagnosis after they won the Oscar for best original song for Under the Sea in 1990. Continue reading...
The period drama set in feudal Japan is an epic of divine proportion, tackling grand questions of faith and colonisation with remarkable fervour Get our weekend culture and lifestyle email The year is 1640. Sebastião Rodrigues (Andrew Garfield) arrives in Japan with fellow Jesuit missionary Francisco Garupe (Adam Driver) to search for their missing mentor, Cristóvão Ferreira (Liam Neeson). There, ...
The period drama set in feudal Japan is an epic of divine proportion, tackling grand questions of faith and colonisation with remarkable fervour Get our weekend culture and lifestyle email The year is 1640. Sebastião Rodrigues (Andrew Garfield) arrives in Japan with fellow Jesuit missionary Francisco Garupe (Adam Driver) to search for their missing mentor, Cristóvão Ferreira (Liam Neeson). There, Rodrigues witnesses how “Kirishitans” – historical Japanese Catholics – must practise their faith in secret because their religion is heresy in Edo-period Japan. As he observes how the Japanese belief differs from his teachings, Rodrigues begins to question his faith. Despite praying ceaselessly, Rodrigues does not hear back from God. Silence, one of Martin Scorsese’s passion projects, was released in 2016 after nearly three decades in development. Scorsese’s dedication mirrors the spiritual journey of his protagonist. Continue reading...
Welcome to The Brink . I’m Eliza Ronalds-Hannon , reporting from Atlanta, and I’ve been looking into Red Lobster’s turnaround effort and the return of a promotion that contributed to its downfall. We also have news on Goeasy, distressed Argentinian companies and the software selloff. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . Shrimp Tales Red Lobster is o...
Welcome to The Brink . I’m Eliza Ronalds-Hannon , reporting from Atlanta, and I’ve been looking into Red Lobster’s turnaround effort and the return of a promotion that contributed to its downfall. We also have news on Goeasy, distressed Argentinian companies and the software selloff. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . Shrimp Tales Red Lobster is on a mission to achieve what its new leader has said will be “the greatest comeback in the history of the restaurant industry.” Apparently, that includes bringing back “Endless Shrimp” — an offering that proved so popular, and so costly, when it was a permanent fixture on Red Lobster’s menu that it helped tip the seafood chain into bankruptcy in 2024. Red Lobster is looking to launch a limited-time version of the all-you-can-eat deal, with the promotion set to kick in as soon as this month. A representative for Red Lobster said the chain doesn’t have “anything to announce at this time,” adding that it is always paying attention to what guests are asking for. Red Lobster would be reviving the old favorite as part of efforts to lure customers and fuel growth at a time when diners face a plethora of choices, and the brand has lost some luster. But the temporary nature of the current deal is a crucial distinction from the last time it was on offer. Insiders point to the 2023 decision by Red Lobster’s previous management to make Endless Shrimp available year-round as a big reason for the chain’s collapse. Before that, going back some two decades, it was a success as a strictly limited-time event. As an everyday item, Endless Shrimp caused Red Lobster to lose $11 million in a single quarter and contributed to a cash crunch. The restructuring expert who took over as chief executive before and during its bankruptcy said in court filings that the decision “harmed” Red Lobster by costing millions and creating “burdensome supply obligations” as it churned through its inventories of shr...
A new book by Molly Crabapple documents the rise and fall of a revolutionary Jewish party that fought against Zionism and for ‘solidarity across difference’ There is perhaps no more vivid illustration of the moral nadir Israel has reached than the Knesset’s passage, two days before Passover, of a death penalty law that applies only to Palestinians. The measure, whose approval was greeted with tear...
A new book by Molly Crabapple documents the rise and fall of a revolutionary Jewish party that fought against Zionism and for ‘solidarity across difference’ There is perhaps no more vivid illustration of the moral nadir Israel has reached than the Knesset’s passage, two days before Passover, of a death penalty law that applies only to Palestinians. The measure, whose approval was greeted with tears of joy and the popping of champagne in the legislative chamber, is a concise legal expression of the core animating idea of modern Israel: that there exists no humane obligation in Jewish tradition with a durable universal ambit. The notion that Jews should have a special concern for the fate of all humanity, regardless of ethnicity or creed, lies dead beneath the rubble in Gaza. It had to be killed, however, because there was a time when it lived . Cosmopolitanism over nationalism, social democracy over rapacious capitalism, collective liberation over ethno-chauvinist fortress-building – these were the values that animated the Jewish Labour Bund, a revolutionary party founded in 1897 in the Tsarist empire. “For leftist Jews longing for resources within our own past for combating the Zionist death cult,” as author, activist and artist Molly Crabapple puts it, “the Bund is a model.” A model with an audience – Crabapple’s new history of the Bund was already in its second printing the week before it came out. Continue reading...
SUNNYVALE, Calif., April 07, 2026 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN) today announced new enterprise AI platform connectors that integrate Microsoft Copilot, Anthropic Claude, Google Gemini CLI, and Cursor with eGain AI Knowledge Hub, the company’s AI-powered knowledge management platform. The connectors allow organizations to ground these AI platforms in a single, governed knowledge source, ...
SUNNYVALE, Calif., April 07, 2026 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN) today announced new enterprise AI platform connectors that integrate Microsoft Copilot, Anthropic Claude, Google Gemini CLI, and Cursor with eGain AI Knowledge Hub, the company’s AI-powered knowledge management platform. The connectors allow organizations to ground these AI platforms in a single, governed knowledge source, so every AI model, agent, and agentic developer environment can use accurate, up-to-date knowledge r
Near-term inflation expectations jumped in March by the most in a year as consumers anticipated higher gas and food prices with the onset of war in the Middle East, according to a Federal Reserve Bank of New York survey released Tuesday. US consumers said they expected an inflation rate of 3.4% over the next 12 months, up 0.4 percentage points from February, according to the median response in the...
Near-term inflation expectations jumped in March by the most in a year as consumers anticipated higher gas and food prices with the onset of war in the Middle East, according to a Federal Reserve Bank of New York survey released Tuesday. US consumers said they expected an inflation rate of 3.4% over the next 12 months, up 0.4 percentage points from February, according to the median response in the New York Fed’s monthly Survey of Consumer Expectations. The outlook for inflation in three years rose slightly to 3.1%, and expected inflation in five years remained unchanged at 3%. The survey, conducted March 2 to 31, captured a rise in consumer stress after the US and Israel launched their first strikes against Iran. The war has caused oil prices to surge and renewed upward pressure on inflation, which has run above the Fed’s 2% target for five years. Respondents said they expected gas prices to be 9.4% higher in one year, up 5.3 percentage points from before the conflict and the highest since March 2022. Food costs are seen rising by 6% over the next year, up 0.7 percentage point from February. Households expressed more pessimism over their finances, with a larger share reporting a worse financial situation compared to a year ago. The share of households expecting their finances to deteriorate over the next year also increased to the highest level since April 2025. Fed officials have held their benchmark rate steady so far this year, with several policymakers signaling interest rates are well positioned for them to balance risks to both employment and inflation. US job growth rebounded in March after a sharp decline in February, according to Labor Department data released last week. Fed’s Williams Expects Little Change to Underlying Inflation Fed Faces War-Driven Price Shock With Credibility Already Frayed Consumers have a mixed view of the labor market, the survey showed. On one hand, respondents saw a greater probability that the unemployment rate will be higher one ...
In this video, I will talk for once about selling stocks instead of buying. When to sell, why sell, and the lessons we could learn from legendary investors. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of April. 2, 2026. The video was published on April. 4, 2026. Continue reading
In this video, I will talk for once about selling stocks instead of buying. When to sell, why sell, and the lessons we could learn from legendary investors. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of April. 2, 2026. The video was published on April. 4, 2026. Continue reading
Space is back in the lexicon. The United States just sent a mission back to orbit the Moon for the first time in decades, and SpaceX is rapidly approaching an initial public offering (IPO) that may be the largest in history. Investors are excited about the space economy and what it can bring to the future of civilization, as well as to their portfolios. Two publicly traded space flight companies y...
Space is back in the lexicon. The United States just sent a mission back to orbit the Moon for the first time in decades, and SpaceX is rapidly approaching an initial public offering (IPO) that may be the largest in history. Investors are excited about the space economy and what it can bring to the future of civilization, as well as to their portfolios. Two publicly traded space flight companies you can buy right now are Rocket Lab (NASDAQ: RKLB) and Firefly Aerospace (NASDAQ: FLY) . Both have successfully launched rockets into orbit and have ambitions to become contractors for the space economy, both commercially and for defense projects. But which stock is the better buy today? Image source: Getty Images. Continue reading
The tour brings in maternity wildcard and parental leave, with surfers saying it is a ‘huge step in the right direction’ and ‘so sick’ for the sport This year’s Rip Curl Pro at Bells Beach has felt different for Connor O’Leary. After almost a decade on tour, this is the Australian Japanese surfer’s first World Surf League campaign with a baby in tow. Romii-Sakura O’Leary, who will celebrate her fi...
The tour brings in maternity wildcard and parental leave, with surfers saying it is a ‘huge step in the right direction’ and ‘so sick’ for the sport This year’s Rip Curl Pro at Bells Beach has felt different for Connor O’Leary. After almost a decade on tour, this is the Australian Japanese surfer’s first World Surf League campaign with a baby in tow. Romii-Sakura O’Leary, who will celebrate her first birthday this month, is one of a growing number of children hanging out in the competitor’s area. “I was watching her crawling around the competition site yesterday,” O’Leary says midway through the Pro, the opening event of the 2026 WSL calendar. “Seeing her crawling around, playing with Kelly [Slater], Steph [Gilmore] was grabbing her, it makes you appreciate the life that we live.” Continue reading...