Dow Jones Newswires Japanese Bank Stocks Slump As Jgb Yields Hit Multimonth Lows
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U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Nasdaq, S&P 500Drop After Israel Strikes Iran
Stocks were mixed, with the Nasdaq in retreat and the Dow edging higher. The Nasdaq and S&P 500 were on track for weekly losses, extending an April slump.The Wall Street Journal - World - Iran -
As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
Paramount’s bonds that mature in 2032 and 2036 are currently yielding more than 7%.MarketWatch - Business -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
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 -
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 -
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 -
2-year Treasury yield ends with largest four-week advance since last June
Rates on U.S. government debt finished slightly lower on Friday after Israel’s limited retaliation against Iran led to a modest flight-to-safety trade, yet yields still advanced for the third or fourth week in a row.MarketWatch - Business -
Google streamlines structure to speed up AI efforts
Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis HassabisFinancial Times - Business - Google -
Israel launches calibrated retaliatory strikes against Iran
Officials and diplomats indicate attacks were limited and sought to avoid full-blown escalationFinancial Times - Business - Iran -
Will Rishi Sunak be crushed by the May 2 local elections?
Tory MPs believe PM could face no-confidence vote if party loses crucial mayoralties and hundreds of council seatsFinancial Times - Business -
Dafydd Jones on Photographing New York Society in the ’80s and ’90s
In the 1980s and ’90s, Dafydd Jones’s party shots captured Manhattan’s rich and powerful.The New York Times - Lifestyle - New York -
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 -
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 - Top stories -
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 -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
5 Japanese workers narrowly escape suicide bombing that targeted their vehicle in Pakistan
Five Japanese autoworkers have narrowly escaped an attack by a suicide bomber who detonated his explosive-laden vest near their vehicle in Pakistan's southern port city of KarachiABC News - World - Pakistan -
5 Japanese workers narrowly escape suicide bombing that targeted their vehicle in Pakistan
Yahoo News - World - Pakistan -
Japanese doctors demand damages from Google over "groundless" reviews
A group of Japanese doctors has filed a civil lawsuit against U.S. search giant Google, demanding damages for what they say are results showing unpoliced derogatory and often false commentsABC News - Tech - Google -
Yen Traders Look at BOJ to Shore Up Japanese Currency
The yen erased earlier gains which came in reaction to increased tensions in the Middle East. The Canadian dollar, meanwhile, is seen firming after soft patch.The Wall Street Journal - World - Japan -
War in Gaza Causes Surprising Rift Within Japanese American Group
Activists in the Asian American community are pressuring organizations to re-evaluate their partnerships and to call for a cease-fire.The New York Times - Top stories -
A Japanese Village Wants Tourists to Come for Heat, Soot and Steel
To lure visitors, residents of Yoshida, famed for its high-quality steel, are inviting tourists to help produce it.The New York Times - Science - Japan -
Israeli missile hits Iran, U.S. officials confirm
Two U.S. officials confirm to CBS News that an Israeli missile has hit Iran. The strike follows last weekend's retaliatory drone and missile attack against Israel. Carissa Lawson anchors a special report.CBS News - Top stories - Israel -
Blasts heard in central province of Isfahan
Blasts are heard in central Isfahan province, though it is not clear what might have been hit.BBC News - Top stories -
GOP impeachment efforts hit brick wall
Republican impeachment efforts against President Biden and his Cabinet appear to have hit a brick wall after the Senate swiftly dismissed articles of impeachment against Homeland Security Secretary Alejandro Mayorkas. Senators dismissed a pair of ...The Hill - Politics -
Israeli missile hits Iran in retaliation attack
Israel attacked Iran overnight in retaliation for an Iranian missile strike last weekend.CBS News - World - Israel -
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 -
Stock Market Set for Longest Losing Streak in Months
A rally at the start of the year has given way to worries about economics and geopolitics on Wall Street.The New York Times - Top stories -
Democrats back Republican Speaker’s plan to advance US aid to Ukraine
Move sets stage for Saturday vote that could unlock $60bn in support for KyivFinancial Times - Business - Ukraine -
US stocks fall as investors shun risky assets
Financial Times - Business -
Sunak Hit by Twin Poll Blow as Working Age Voters Desert Tories
Yahoo News - World -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
Tehran downplays strike as U.S. officials say Israeli missile hit Iran
Two U.S. officials tell CBS News an Israeli missile has hit Iran in apparent retaliation for the recent drone and missile attack on the Jewish state.CBS News - Politics - Iran