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Big banks have been a bright spot in tough week for markets
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WATCH: Little bears spotted in California’s Big Bear Valley
Two little bears and one big mama bear were spotted outside a home in Big Bear Lake, California.ABC News - Top stories - California -
Here’s where campus protesters have been arrested over the past day.
Officers at Virginia Commonwealth University in Richmond used riot gear and pepper spray.The New York Times - Top stories -
RBA May Have Been Too Timid in Fight Against Inflation, Economist Says
The Reserve Bank of Australia has likely been far too timid in raising interest rates given that swaths of the economy are still going strong, according to a former senior manager at the central bank.The Wall Street Journal - World -
The Words That Have Defined This Week in Trump’s Hush-Money Trial
Witnesses discussed the salacious and the banal, and the judge warned the defendant he could go to jail.The New York Times - Top stories -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - Business - United Kingdom -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - World - United Kingdom -
Knicks vs. 76ers: NBA admits Tyrese Maxey's crucial 4-point play in Game 5 should have been waved off
For the second time this series, a frantic ending featured a few missed callsCBS Sports - Sports - NBA -
New Big 12 out to prove bigger bank accounts don't always mean better football teams in 12-team CFP
The Big 12 is about to play its first season without Oklahoma and TexasABC News - Sports -
On Soccer’s Biggest Stage, Real Madrid’s Vinicius Jr. Shines Bright
He has become the team’s transformative star on the biggest stage, but with a twist.The New York Times - Sports -
Baby boomers and millennials are robbing Gen Z of a bright financial future
U.S. Treasury’s bond blunder will cost young Americans dearly.MarketWatch - Business
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The Fed isn’t cutting rates, but these four banks are already paring rates on high-yield savings accounts
The Federal Reserve’s benchmark interest rate is staying put for now, but a handful of large banks are starting to trim the rates they offer on high-yield savings accounts.MarketWatch - Business - Federal Reserve -
Potential failure of NYCB is ‘squarely off the table (for the time being),’ analyst says
New York Community Bancorp.’s new management team “has the pedigree needed to move the bank in the right direction,” according to a Citi analyst.MarketWatch - Business -
AMC enjoying box-office ‘outperformance’ amid post-pandemic recovery, says B. Riley
AMC’s debt burden is also in the spotlight ahead of its full first-quarter results next week.MarketWatch - Business -
Peloton replaces CEO after 90% stock slide during his tenure, plans more layoffs
Barry McCarthy is stepping down as Peloton’s CEO, the connected-fitness company announced on Thursday morning.MarketWatch - Business -
Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI
The MainStay Winslow Large Cap Growth fund owes a lot of its returns to Big Tech. Co-portfolio manager Justin Kelly is hot on the hunt for new winners. Here are some ideas.MarketWatch - Business