Aipowered Fraudsters Are Overwhelming Bank Defenses Treasury Report Says
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10-year Treasury yield slips after latest U.S. inflation report
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.CNBC - Business -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations
Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.MarketWatch - Business -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
12:30 Report — Trump returns to 'freezing' courtroom as defense finishes David Pecker cross-examination
{beacon} 12:30 REPORT It’s Friday! And happy White House Correspondents’ Association dinner weekend to all who celebrate!! The ex-publisher of the National Enquirer is testifying again today in former President Trump’s hush money trial. The ...The Hill - Politics - Donald Trump -
Israel's push into Rafah to begin with evacuations, reports say
Yahoo News - World - Israel -
How fraudsters are getting fake articles onto Facebook
Scammers are able to get past automated checks on the social media giant to try to defraud users.BBC News - Top stories - Facebook -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Russian attack on NATO would end in defeat for Moscow, Polish foreign minister says, but NATO must increase its defenses
Russian attack on NATO would end in defeat for Moscow, Polish foreign minister says, but NATO must increase its defensesABC News - World - Russia -
'Europe could die,' France's Macron says as he calls for stronger defense and economic reform
President Emmanuel Macron appealed for stronger, more integrated European defenses and said the continent must not become a vassal of the United States.NBC News - Top stories -
Authorities in Togo are cracking down on media and the opposition, report says ahead of election
Amnesty International says authorities in Togo have repressed the media and prevented civilians from gathering to protest peacefullyABC News - World -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.CNBC - Business - Donald Trump -
Social Media Has Overwhelmed America's Main Nonprofit Fighting Child Exploitation
A WSJ analysis and a Stanford report find the National Center for Missing and Exploited Children is contending with outdated technology and legal constraints as the number of reports soars.The Wall Street Journal - Tech -
AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line
A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.The New York Times - Tech -
In Ukraine, New American Technology Won the Day. Until It Was Overwhelmed.
Project Maven was meant to revolutionize modern warfare. But the conflict in Ukraine has underscored how difficult it is to get 21st-century data into 19th-century trenches.The New York Times - Tech - Ukraine -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Main Street isn’t saving and Wall Street isn’t shorting in an ‘Anything But Bonds’ bull market, says Bank of America
The U.S. government has spent $6.2 trillion over the last 12 months, and investors seemed to have noticed.MarketWatch - Business -
UN report says 282M people faced acute hunger in 2023, with worst famine in Gaza
A new report says nearly 282 million people in 59 countries suffered from acute hunger in 2023, with war-torn Gaza hosting the largest number of people facing famineABC News - Health - United Nations -
Over 90% of trans youths live in states with bills that target their rights, report says
More than 90% of transgender youths live in states that have already passed or are currently considering bills that restrict their rights.NBC News - Top stories -
Over 90% of trans youths live in states with bills that target their rights, report says
More than 90% of transgender youths live in states that have already passed or are currently considering bills that restrict their rights.NBC News - Politics -
We know how to deter British children from alcohol, say experts, after concerns over WHO report
Study found Great Britain had worst rate of child alcohol consumption in world, but youth drinking is said still to have ‘declined sharply’. In 2000, about 19% of children under 16 in England smoked, according to Action on Smoking and Health. By ...The Guardian - World -
Middle East crisis live: it could take 14 years to clear Gaza Strip of rubble and unexploded bombs
War has left estimated 37m tons of debris in area, requiring years of work with ‘100 trucks’, says UN official. See all of our Israel-Gaza war coverageA premature Palestinian infant, rescued from her mother’s womb by an emergency caesarean section ...The Guardian - World -
Spain to send Patriot missiles to Ukraine amid mounting pressure from EU and NATO allies, report says
Yahoo News - World - Ukraine -
Instagram fraudster 'Jay Mazini' has been sentenced for his crypto scheme that preyed on Muslims
The former Instagram influencer known as “Jay Mazini” has been sentenced to seven years in prison after admitting he stole millions of dollars in various investment scamsABC News - Tech -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
U.S. 10-Year Treasury Yield Remains Near Multi-Month Highs
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Missile Defense Goes Beyond the Iron Dome
Comparing short- and long-range missile defenses is like comparing apples and oranges.The Wall Street Journal - World -
Trump had Stormy Daniels' and Karen McDougal's contact information saved, longtime assistant testifies
David Pecker, the former publisher of the National Enquirer, has testified about discussions with ex-Trump lawyer Michael Cohen and payments to Stormy Daniels and former Playboy model Karen McDougal.NBC News - Top stories - Donald Trump -
Echoing Their Client, Trump’s Lawyers Pursue an Absolutist Defense
Donald J. Trump demands praise and insists on total innocence, robbing his lawyers of time-honored defense tactics.The New York Times - Top stories -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
Senior Russian Military Official Held on Corruption Charges in Defense Deals
A deputy defense minister responsible for the armed forces’ most ambitious construction projects was arrested in the highest-profile corruption scandal Russia has seen in years.The Wall Street Journal - World - Russia -
'We will call him President Trump': Defense lawyers vacillate between honorifics
Former President Donald Trump has been called a lot of names in the first six days of his New York hush-money trial.NBC News - Top stories