First Republic Bank Drops after Expected Quarter Point Fed Hike Bank Stocks Fall
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European Markets Follow Asia Lower on Rising Geopolitical Tensions
European markets followed Asia lower after Israel’s attack in Iran, with IG saying investors have been wary of markets since before Easter, due to heightened geopolitical uncertainty.The Wall Street Journal - 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 -
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 -
Reality TV's Chrisleys are appealing their bank fraud and tax evasion convictions in federal court
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 -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
Treasury yields drop in muted flight to quality after Israel retaliation
U.S. bond yields fell on Friday in a modest flight to quality in choppy trading after Israel retaliated against Iran for its attack last weekend, but didn’t strike nuclear facilities.MarketWatch - Business - Israel -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
Stock Futures Dip, Oil Gyrates After Israeli Strike on Iran
Israel’s retaliatory strike roiled global markets, encouraging traders to dump risky assets and buy haven currencies, though the selloff weakened as the limited scope of the attack emerged.The Wall Street Journal - World - Israel -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
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 -
'We've never seen anything like this': Dubai Airports CEO expects normal service within 24 hours after flood chaos
Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.CNBC - Business -
Chasing 5th straight win, Nelly Korda is 2 shots back at Chevron Championship after a first-round 68
Nelly Korda, who is looking to tie an LPGA Tour record with her fifth straight win, shot a 4-under 68 in the opening round of the Chevron ChampionshipABC News - Sports -
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 -
Chicano Batman are not who you expect them to be
Chicano Batman discusses its new album and a summer show at the Forum as part of its U.S. tour.Los Angeles Times - Entertainment -
Almost a quarter of kids aged 5-7 have smartphones
The regulator calls the data a "wake up call", and says parents and industry need to do more.BBC News - Top stories -
Gold Futures Rise After Israel Strikes Iranian Targets
Gold futures edged up on Middle East tensions, but were off earlier highs, with Swissquote Bank saying the market will likely see a further flight to safe havens before the end of the day on fears of an escalation over the weekend.The Wall Street Journal - World - Israel -
Voting begins in India’s election with Modi widely expected to win third term
First phase in world’s largest democratic exercise begins, with 969 million people eligible to vote over six-week period. Voting has begun in India’s mammoth general election, as Narendra Modi’s Bharatiya Janata party hopes to increase its ...The Guardian - World -
Senate Boeing hearings open with fingers pointing back at FAA
Politico - Politics -
Bitcoin price drops below $60,000 before rebounding ahead of halving
Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.CNBC - Business - Crypto -
European carbon trading catching less than quarter of airline emissions, data finds
With long-haul flights exempt from charges and carriers given free allowances, large share of flights not covered by systemFinancial Times - World -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - Health - South Korea -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - World - South Korea -
Norris takes Chinese GP sprint race pole, Hamilton second - reaction
Follow live text and audio commentary from practice and sprint qualifying at the Chinese Grand Prix.BBC News - Top stories -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Taylor Swift shocker: New album is actually a double album
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.CBS News - Entertainment -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Taylor Swift's New Album Just Dropped. Here's the Brilliantly Simple Trick She Used to Guarantee Success
Short version: Never ever let the story end.Inc. - Business -
MacKinnon has 2 assists, breaks franchise's single-season points mark as Avs beat Oilers 5-1
Valeri Nichushkin scored twice, Nathan MacKinnon added two assists to break the franchise’s single-season points mark and the Colorado Avalanche cruise into the playoffs behind a 5-1 win over the Edmonton OilersABC News - Sports - NHL -
'The Sympathizer' depicts war from a Vietnamese point of view, but how does the community see it?
HBO's adaptation of "The Sympathizer" reflects a distinctly Vietnamese point of view, and while reactions to the series differ, community members agree that it bolsters Vietnamese representation.Los Angeles Times - Entertainment -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
A Steady Stream of Road Trips Made Falling in Love Easy
As Deborah Yarchun and Benjamin Parr traveled across the country during the pandemic, their bond became stronger at each stop.The New York Times - Lifestyle -
Top 15 first-round values of last 10 NFL Drafts: Lamar Jackson among stars to outperform their draft position
A look at players who went later than they should have in Round 1CBS Sports - Sports - NFL -
Choctaw artist Jeffrey Gibson confronts history at US pavilion as its first solo Indigenous artist
Jeffrey Gibson’s takeover of the U.S. pavilion for this year’s Venice Biennale contemporary art show is a celebration of color, pattern and craftABC News - World -
Indians vote in the first phase of the world's largest election as Modi seeks a third term
Yahoo News - World -
Twisted truths and a fundraising boost: How Trump tried to control his first week in court
On the first day of the trial, Trump's campaign raised $1.6 million in small-dollar donations, a campaign official told NBC News.NBC News - Top stories - Donald Trump -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Jabil’s stock declines as CEO Kenny Wilson goes on paid leave pending an investigation
The company says the investigation is related to company policies but not financial statements or reporting.MarketWatch - Business -
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider conflict between Israel and Iran.MarketWatch - Business - Iran -
Five reasons why the stock-market’s ‘painful’ pullback may be nearing its end
It’s been a painful experience for investors over recent days. But it may soon come to an end says Tom LeeMarketWatch - Business