Big Banks Could Face 20 Rise in Capital Requirements
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Efforts by JPMorgan's Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.
Efforts by JPMorgan’s Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.The Wall Street Journal - World -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
Big rise in diseases linked to ageing and lifestyle increases healthcare burden
Findings on ‘metabolic risk factors’ reflect shift in biggest threats since start of 21st centuryFinancial Times - Business -
Australian PM’s Support Rises After Big-Spending Budget
Yahoo News - World - Australia -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
The 5 changes to the 401(k) that could make a big difference to your retirement
From blocking preretirement withdrawals to accounting for long-term care of family members, improving the nation’s most popular retirement-investing tool is one of the Best New Ideas in Money.MarketWatch - Business -
Taiwan’s President Vows to Keep Island Safe Amid Chinese Pressure
President Lai Ching-te has pledged to stay on his predecessor’s narrow path of resisting Beijing without provoking it. It won’t be easy.The New York Times - World -
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the countryABC News - World -
GB News could face Ofcom punishment after breach
The broadcast regulator's said the network had been found in breach of due impartiality rules.BBC News - Top stories -
Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds
Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental. A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry ...The Guardian - World - Donald Trump -
Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be
Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.MarketWatch - Business -
Ricky Stenhouse could face suspension after throwing punch at Kyle Busch after All-Star Race
The most compelling part of Sunday night’s All-Star Race wasn’t on the racetrack at North Wilkesboro Speedway but rather in the infield afterwardABC News - Sports -
'Speed Capital' Review: How the Indy 500 Was Born
Road racing in the early 20th century was popular, but hard to watch as the cars zoomed by. Indianapolis changed that.The Wall Street Journal - World -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Review: 'IF,' a movie about imaginary friends, requires suspension of disbelief — and a few more drafts
Actor turned writer-director John Krasinski had a way with creatures in 'A Quiet Place,' but loses his way with the gentle children's drama 'IF.'Los Angeles Times - Entertainment -
Demi Moore says full frontal nudity with Margaret Qualley in ‘The Substance’ required 'vulnerability'
Demi Moore‘s new film, the feminist body horror “The Substance,” sees her bare it all, with several scenes featuring full nudity.NBC News - Top stories -
20 killed in central Gaza airstrike
Twenty people in central Gaza were killed following an Israeli airstrike on Sunday as fighting continued to ravage the region over the weekend. Records from the Al-Aqsa Martyrs Hospital showed that twenty people were killed in the airstrike ...The Hill - Politics -
'We're in our 20s but live in the 1940s'
They dress in traditional clothing every day, own vintage furniture and limit time with technology.BBC News - Top stories -
India’s Financial Capital Suffers Political Apathy: India Votes
Yahoo News - World - India -
Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.The Wall Street Journal - Business -
New Caledonia 'under siege' from rioting, says capital's mayor
Hundreds of French gendarmes are trying to secure the road from Nouméa to the airport, officials say.BBC News - Top stories -
Gunfire in Congo’s capital as men in military uniform clash with politician's guards
Congo’s army says it has foiled a coup attempt and arrested the perpetrators, including several foreignersABC News - World -
Greenlight Capital’s clash with a former employee has captivated the hedge-fund world
James Fishback, 29, says he was employed as Head of Macro at Greenlight Capital. The New York hedge fund says that position never existed.MarketWatch - Business -
A New Centrism Is Rising in Washington
Call it neopopulism: a bipartisan attitude that mistrusts the free-market ethos instead of embracing it.The New York Times - Top stories -
The Rise of a New Centrism
In Washington, despite polarization, bipartisanship has somehow become normal.The New York Times - Top stories -
Scheffler statement: 'There was a big misunderstanding'
Scottie Scheffler was arrested following an incident with an officer outside the entrance to Valhalla Golf Club.Yahoo Sports - Sports -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
What a Spanish bank mega-deal means for TSB
After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lenderFinancial Times - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 05/20/24ABC News - Entertainment -
Massachusetts celebrates 20 years of same-sex marriage
20 years ago, Massachusetts became the first state in the U.S. to issue marriage licenses to same-sex couples. CBS News' Elaine Quijano breaks down the move's impact.CBS News - Top stories -
Why Cocoa Farmers Are GPS Mapping Where Their Beans Are Grown
A new European Union law that aims to make chocolate more sustainable has left farmers racing to map their plots—and is poised to add to high prices.The Wall Street Journal - World -
Red Lobster, the largest seafood restaurant chain in the U.S., filed for bankruptcy after failing to recover from dwindling traffic it experienced during the pandemic as menu prices crept higher.
Red Lobster, the largest seafood restaurant chain in the U.S., filed for bankruptcy after failing to recover from dwindling traffic it experienced during the pandemic as menu prices crept higher.The Wall Street Journal - World -
China Hints at Possible Retaliation Against EU Probes
China has hinted at potential retaliation in response to the European Union’s investigations into Chinese companies, and launched a probe into chemical imports.The Wall Street Journal - World - China -
Many Armies Struggle for Recruits. In Sweden They Turn Them Away.
American and European militaries are straining to reinforce their ranks to deter Russia. Sweden’s answer is to conscript only the brightest and best.The Wall Street Journal - World -
5/20: The Daily Report with John Dickerson
Jeff Glor reports on the aftermath of a helicopter crash that killed the president of Iran, the end of questioning for former Trump fixer Michael Cohen, and how CEOs of companies manage to hold on to sky-high salaries.CBS News - Top stories -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
The Big Decision Before the Trump Verdict
Whether the jury weighs misdemeanor charges could affect both the outcome and any appeal.The Wall Street Journal - World - Donald Trump -
As killings surge, Haitians struggle to bury loved ones and find closure in violent capital
Finding closure for loved ones killed by gangs on a relentless rampage through Haiti’s capital and beyond is growing harder day by day in a country where burial rituals are sacred and the dead veneratedABC News - World -
Gunfire heard in Congo’s capital as men in military uniform clash with a politician’s guards near the president's office
Gunfire heard in Congo’s capital as men in military uniform clash with a politician’s guards near the president's officeABC News - World