Companies Big and Small Lose Access to Credit Amid Bank Stress
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Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.CNBC - Business -
Can I wipe my credit card debt without paying?
You may be able to get rid of your credit card debt without paying, but that's not always the best route to take.CBS News - Top stories -
Biden watchdogs probe popular credit card and airline rewards
Credit card and airline rewards are incredibly popular among Americans, but Biden administration officials worry aggressive marketing practices and the dominance of large players in the industry may be harming competition and consumers. The ...The Hill - Politics - Joe Biden -
California to tap generative AI tools to increase services access, reduce traffic jams
California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other thingsABC News - Tech - California -
Wood shows some companies may be better off private
An approach from a Dubai-based group should be welcome to long-suffering shareholders of the engineering companyFinancial Times - Business -
Carlisle: 'Small-market teams deserve a fair shot.' Pacers send calls for NBA review, AP source says
The Indiana Pacers have, as coach Rick Carlisle said they would, sent 78 plays they believe were officiated incorrectly from the first two games of their series against the New York Knicks to the NBA office for review, a person with knowledge of ...ABC News - Sports - NBA -
VP Harris Announces $100 Million for Small Auto-Parts Firms as the U.S. Fights for a Competitive EV Edge
Small-business auto suppliers could score a grant of up to $300,000 under one of the new programs just announced.Inc. - Business -
40-year-old paid off $20,000 in credit card debt—her No. 1 piece of advice
At one point, Shonnita Leslie was struggling to manage around $20,000 in credit card debt. Here's the strategy she used to pay it down.CNBC - Business -
The feds are scrutinizing credit-card rewards. That could help frequent fliers get more out of their miles.
The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and ...MarketWatch - Business -
Devs Reportedly Ask To Have Names Removed From Therapeutic Game After Leaving Company
Devolver co-founder Mike Wilson has publicly distanced himself from DeepWell DTx, a game publisher and developer he co-founded in 2022 to explore medically therapeutic games, Game Developer reports. In a recent LinkedIn post, Wilson says that he ...GameSpot - Tech -
Nvidia, Micron and Super Micro among companies that shine in Wall Street’s ‘beat-and-raise’ game
Investors should look at the numbers behind rising share prices.MarketWatch - Business -
How AI Expansion Helps Companies Like RunPod Find New Niches to Make Money
Much of the current wave of AI tech operates in the cloud, but not all cloud systems are equal: a problem RunPod is addressing and building a business around.Inc. - Business -
A company that hauled $43 million in silver bars from the 'Indian Titanic' wasn't even given a salvage fee by a court
Yahoo News - World -
Warby Parker’s stock sees biggest gain in nearly two years company raises guidance, overshadowing a quarterly loss
Warby Parker Inc.’s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a first-quarter loss.MarketWatch - Business -
Bank 'optimistic' as it edges closer to summer cut
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%.BBC News - Top stories -
Bank of England boss weighs in on UK economy row
Andrew Bailey told the BBC the recession was "mild" as figures on the economy are released Friday.BBC News - Top stories - United Kingdom -
Bank holds rate but says it's 'optimistic' things moving in right direction
The governor of the Bank says it needs to "see more evidence" of falling inflation before cutting the base rate.BBC News - Top stories -
Poor labour market data causes problems for Bank of England
Gaps make it much harder to tell how fast inflationary pressures are recedingFinancial Times - Business