Businessday news headlines today

Here are some of the top business news headlines from today:

Global Economy

• US GDP growth slows to 2.1% in Q1, lowest in 3 years (Bloomberg)
• China's economy grows 6.4% in Q1, beating expectations (Reuters)
• European Central Bank keeps interest rates unchanged, signals no rate hikes (Financial Times)

Markets

• US stocks rise as tech sector leads gains, Dow Jones up 0.5% (CNBC)
• Oil prices surge 3% as OPEC+ agrees to deepen output cuts (Bloomberg)
• Gold prices jump 1.5% as investors seek safe-haven assets (Reuters)

Business

• Amazon to acquire MGM Studios for $8.45 billion (The Hollywood Reporter)
• Facebook to pay $650 million to settle privacy lawsuit (The New York Times)
• Boeing to pay $2.5 billion to settle 737 Max lawsuits (Bloomberg)

Technology

• Apple to launch new iPhone SE with 5G connectivity (The Verge)
• Google to launch new Pixel 4a smartphone (9to5Google)
• Microsoft to acquire AI startup Nuance Communications for $19.7 billion (The Wall Street Journal)

Finance

• JPMorgan Chase to pay $2.5 billion to settle mortgage-backed securities lawsuit (The New York Times)
• Wells Fargo to pay $3.7 billion to settle fake accounts lawsuit (Bloomberg)
• Citigroup to pay $1.2 billion to settle foreign exchange manipulation lawsuit (Reuters)

Politics

• US Senate passes bill to boost small businesses, create jobs (The Hill)
• European Union to impose tariffs on US goods over steel and aluminum dispute (Financial Times)
• China to impose tariffs on US goods worth $3.2 billion in retaliation for US tariffs (Reuters)

Please note that these are just some of the top business news headlines from today and may not be exhaustive.