Banking Turmoil Intensifies the Need for Better Fed Policymaking
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Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
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 -
More Than 100 Columbia University Students Arrested as Protests Intensify
The university called in the police to empty an encampment of demonstrators. But students have vowed to stay, no matter the consequences.The New York Times - Top stories -
Norfolk Southern fires back at activist Ancora as proxy fight intensifies
Norfolk Southern has slammed the “flawed assumptions” of Ancora’s “highly unrealistic near-term financial targets” for the company.MarketWatch - Business -
GOP lawmaker blames 'Gaetz and 7 useful idiots' for House turmoil
Rep. Mike Lawler (R-N.Y.) blamed Rep. Matt Gaetz (R-Fla.) and “seven useful idiots” for turmoil in the House, saying Thursday their success in ousting former Speaker Kevin McCarthy (R-Calif.) last fall is a direct cause of today's problems for ...The Hill - Politics -
Why a CD is better than these 4 popular alternatives
If you want to maximize your interest, a CD is often your best option.CBS News - Top stories -
Debt consolidation vs. debt settlement: Which is better?
Debt consolidation and debt settlement are both popular debt relief options. But which is better? Find out here.CBS News - Top stories -
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 -
French athletes at Paris Olympics will receive better mental health protection
French athletes at the Paris Olympics will be offered better protection for their mental health with priority given to curbing online harassment and cyberbullyingABC News - Health - France -
French athletes at Paris Olympics will receive better mental health protection
French athletes at the Paris Olympics will be offered better protection for their mental health with priority given to curbing online harassment and cyberbullyingABC News - Sports - France -
Trader Joe's Mini Tote Is Everywhere. These Stylish Alternatives Are Not.
Trader Joe’s viral mini tote is being hawked on eBay for hundreds of dollars. Those unwilling to spend that on a grocery bag should try these stylish—and less predictable—summer totes instead.The Wall Street Journal - World -
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 -
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 -
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 -
Paris Olympics 2024: Everything you need to know
The 2024 Olympics will be in Paris, France. It is the third time the French capital has hosted the summer Games, the first being in 1900 and the second in 1924, exactly 100 years ago.Yahoo Sports - Sports - Olympics -
Music and sports fans told: brace for a summer of ticket scams
Big events will encourage a fresh wave of fraud — here’s what you need to know to beat the scammersFinancial Times - World -
Sudan is in need — why is the world silent yet again?
Why are Sudanese lives seemingly unworthy of attention?The Hill - Politics -
Children Need Neighborhoods Where They Can Walk and Bike
We’ve lost the art of creating local infrastructure that allows young people to explore, play and lead healthier lives.The Wall Street Journal - World -
The comprehensive plastic policies the world needs for a clean future
Fortunately, there’s a clear path to solving plastic pollution in the U.S. and around the world, although it won’t be easy.The Hill - Politics -
Everything You Need to Know About Smartphone Backups
It doesn’t take a lot of work to keep copies of your phone’s photos, videos and other files stashed securely in case of an emergency.The New York Times - Tech -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
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 -
Cinemark poised to reap the benefits of a better box office, says Wedbush, raising price target and estimates
Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year’s Hollywood writers’ and actors’ strikes, according to analyst firm Wedbush.MarketWatch - Business -
Cavaliers feel better prepared for playoff stage after '23 flop, face Magic in first-round series
The Cavaliers have waited a year to redeem themselves in the NBA playoffsABC News - Sports -
Here's why it could be better to buy Series I bonds before May, experts say
Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.CNBC - Business -
3 reasons long-term care insurance is better than paying out of pocket
Here's why long-term care insurance is a better way to plan for long-term care costs than paying on your own.CBS News - Top stories -
DfE says 85,000 more free childcare places needed
The Department for Education estimates about 40,000 staff are also needed in England by September 2025.BBC News - Top stories -
Kerr humbly admits he needs to rediscover his A-game next season
Steve Kerr is the first to admit that he needs to do a better job of implementing and teaching his complex Warriors system.Yahoo Sports - Sports -
EU watchdog warns bloc still needs Russian LNG
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from MoscowFinancial Times - Business - European Union -
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels
US bank says higher interest rates, inflation and global conflict have dented outlook for energy transitionFinancial Times - Business -
Extra 85,000 childcare places needed in England to meet government target
Official estimates come as ministers set out pilot scheme repurposing empty school spaceFinancial Times - World -
Biden needs to face facts: He’s still losing to Trump
For President Biden and the Democrats, thing are looking ugly in November.The Hill - Politics - Joe Biden -
What you need to know about Trump's hush-money trial
The presumptive Republican nominee for president will juggle a six-week trial in New York with campaigning.BBC News - Top stories - Donald Trump -
Like Moths to a Flame? We May Need a New Phrase.
Over time researchers have found fewer of the insects turning up in light traps, suggesting they may be less attracted to some kinds of light than they once were.The New York Times - Science -
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