Bank Shares Rebound Off Lows As Big Banks Come to the Aid of First Republic
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Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
Missouri Backs Big Expansion of Low-Interest Loans as Demand for State Aid Grows
State lawmakers approve increasing the money available for bargain-basement priced lending as inflation endures.Inc. - Business -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
US aid delays leave Ukrainians at low ebb
Faltering western assistance and Russia’s fresh initiative on battlefield chip away at country’s moraleFinancial Times - Business - Ukraine -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
First lady Jill Biden to kick off Educators for Biden to mobilize teachers
First lady Jill Biden will kickoff Educators for Biden-Harris in Bloomington, Minnesota, on Friday, a national organizing effort to turn out votes for President Biden.ABC News - Top stories - Joe Biden -
Video of officials signing bilateral agreement falsely shared as 'Indonesia paying off debts to China'
Yahoo News - World -
Taylor Swift Just Made Another Big Announcement, and We All Probably Should Have Seen This Coming
Oh look, a 2 a.m. "surprise."Inc. - Business -
Jameson Taillon comes off the injured list and pitches Cubs to 8-3 win, dropping Marlins to 4-16
Jameson Taillon allowed one run over five innings in his first start this season after recovering from a strained back, and the Chicago Cubs beat the Miami Marlins 8-3ABC News - Sports -
2024 NFL Mock Draft: Broncos wheel and deal, come away with a QB as five go in first round
Taking a straightforward approach as we inch closer to the draftCBS Sports - Sports - NFL -
Cybersecurity Venture Market Rebounds With Tailwind From AI
While startups across most sectors face a difficult fundraising environment, cybersecurity startups are showing signs of life, thanks in part to their sector’s ties to artificial intelligence.The Wall Street Journal - World -
Vindman: US passing more aid would provide Ukraine with 'big boost of morale'
Retired Army Lt. Col. Alexander Vindman said the U.S. passing new aid for Ukraine in its fight against Russia would give the Eastern European country a “big boost of morale” in Friday comments. “I think the U.S. coming through with aid is going to ...The Hill - Politics - Ukraine -
Bitcoin price briefly drops below $60,000 before rebounding ahead of halving
Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.CNBC - Business - Crypto -
A 12-person jury was picked to decide Trump's fate in his hush-money case, setting the stage for the first criminal trial of a former U.S. president to kick off in earnest next week.
A 12-person jury was picked to decide Trump’s fate in his hush-money case, setting the stage for the first criminal trial of a former U.S. president to kick off in earnest next week.The Wall Street Journal - World -
South Korea President’s Support at New Low After Stinging Election Loss
Yahoo News - World - South Korea -
How No-Code and Low-Code Tech Is Changing Innovation and Design
The arrival of no-code and low-code platforms have tech giants advocating for intuitive technology design.Inc. - Business -
Big business bets on Modi
India registered one of the world’s fastest rates of economic growth during Narendra Modi's leadershipFinancial Times - World -
Big Love for a Small Dog
I need Rudy, the runt of the litter, as much as he needs me.The Wall Street Journal - World -
Who Doesn’t Want to Be a Traitor?
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Family 'appalled' officer shared dead body pictures
Photos of Paul Wells, who was stabbed to death by his neighbour, were shared by former PC Lewis Wood.BBC News - Top stories -
Shares of Walmart-Backed Ibotta Soar on Public Debut
The digital marketing and pricing promotions company ended its first day of trading with a market value of over $3 billion, joining a growing list of tech IPOs.Inc. - Business -
Scottish Greens to vote on SNP power-sharing deal
The Scottish Greens have called an EGM after the Scottish government ditched key climate change targets.BBC News - Top stories -
Three London Fashion Brands Coming to the U.S.: Hunza G, Rixo and Me + Em
Three beloved London brands are making their way across the Atlantic to stake a bricks and mortar presence in the United States.The New York Times - Lifestyle -
A Union Vote at Volkswagen Is a Big Test for the UAW
If workers at a plant in Tennessee agree to unionize, it would reflect the growing power of groups like the U.A.W. at a crucial political moment.The New York Times - Business -
The Taylor Swift Album Leak’s Big AI Problem
When The Tortured Poets Department leaked, some Taylor Swift fans swore it must be AI. Expect that to be a common refrain.Wired - Tech -
UK's largest indoor arena opens with big plans
A new £365m venue in Manchester is backed by Harry Styles and aims to tempt major events from London.BBC News - Top stories -
Millennials Are Coming for Your Golf Communities
Living on golf courses has surged in popularity since the pandemic. Many courses have upgraded facilities and broadened amenities. Now the 40-year-olds want in too.The Wall Street Journal - World -
The EV Battery of Your Dreams Is Coming
Quiet developments signal that over the next five years we will see technological leaps.The Wall Street Journal - Tech -
Here Come the Anti-Woke AIs
With Meta releasing its latest open-source AI, new models that lack guardrails stand to become more powerful than everThe Wall Street Journal - Tech -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
5 big takeaways from Day 3 of Trump's hush money trial
Twelve jurors have been seated in the historic criminal trial of former president Donald Trump.ABC News - Top stories - Donald Trump