Bank of England Hikes Rates by 50 Basis Points Now Sees Much Shallower Recession Than Feared
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U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.MarketWatch - Business -
I have no children and have started to fear for my legacy. What can I do?
Legacy can be found in the lives you touch and your impact on others. The question I am a 54-year-old woman with a good career and a stable marriage. I live across the globe from my parents, my siblings and their kids and I am child-free. I have ...The Guardian - World -
Canelo Alvarez vs. Jaime Munguia odds, prediction: Boxing expert on 50-13 run reveals picks for May 4 fight
Boxing expert Peter Kahn just locked in his Jaime Munguia vs. Canelo Alvarez picks and best bets for Saturday's fight in Las VegasCBS Sports - Sports -
Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.The New York Times - Business -
Clark 'proud' after 21-point WNBA preseason debut
Caitlin Clark made her WNBA preseason debut and finished with 21 points in the Fever's narrow 79-76 loss to the Wings.ESPN - Sports - WNBA -
Vos wins stage seven to close in on Vuelta points title
Marianne Vos wins the Vuelta Femenina's seventh stage to close in on the points title as fellow Dutch rider Demi Vollering maintains the overall lead.Yahoo Sports - Sports -
Swiatek saves 3 match points to beat Sabalenka in Madrid Open final
Iga Swiatek avenged her loss in last year’s final to Aryna Sabalenka and won the Madrid Open after a third-set tiebreakerABC News - Sports - US Open -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Inside US airport terminals, banks are merging elite travel clubs with branch offices
Airport terminal bank branches with airline club amenities are growing as financial brands seek to catch the attention of travelers and remote workers.CNBC - Business -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.The Wall Street Journal - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
US employers scaled back hiring in April but still added 175,000 jobs
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job marketABC News - Top stories -
What we learned from Caitlin Clark's WNBA preseason debut as No. 1 overall pick scores 21 points for Fever
Clark shot 5-of-13 from 3-point landCBS Sports - Sports -
Wisconsin police fatally shot student after he pointed pellet rifle at them, state DOJ says
Police in Wisconsin fatally shot a student who had pointed a pellet rifle in their direction outside a middle school, according to the state's Department of Justice.CBS News - Top stories -
Former Lakers point guard Darius Morris, who played for four other NBA teams, dies at 33
Morris also played for the 76ers, Clippers, Grizzlies and NetsCBS Sports - Sports - NBA -
Edwards scores 43 points, Reid erupts in 4th to help Timberwolves beat Nuggets 106-99 in Game 1
Anthony Edwards scored a playoff career-high 43 points, Naz Reid had 14 of his 16 points in the fourth quarter and the Minnesota Timberwolves beat the defending NBA champion Denver Nuggets 106-99 in Game 1 of the second-round series Saturday nightABC News - Sports - NBA -
Photos: See Scenes of the Kentucky Derby
Photos of the Kentucky Derby, which is marking its 150th running.The New York Times - Top stories -
A Justice Department probe into TD Bank's internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
A Justice Department probe into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.The Wall Street Journal - World -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Founders Have More Resources Than Ever
Between government resources and a host of private tools, entrepreneurs have never had it so good.Inc. - Business -
Hainault victim's family devastated by loss of 'loved and amazing son'
The parents of a 14-year-old boy killed on his way to school in London pay tribute to their son.BBC News - Top stories -
How China Sees U.S. Campus Protests
Intolerant of protests at home, Beijing has signaled sympathy for pro-Palestinian student demonstrators.The Wall Street Journal - World - China -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World -
Transfer Talk: Liverpool see Osimhen as Núñez replacement
Liverpool see Victor Osimhen as a potential replacement for Darwin Núñez but will need to fend off PSG. Transfer Talk is with the latest.ESPN - Sports -
How Does the World See the U.S. Campus Protests?
Abroad, some have praised the demonstrations. Others call the crackdowns evidence of American hypocrisy, or of a nation coming apart.The New York Times - World