Imf S Georgieva Warns of Increased Risks to Financial Stability
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Sinking US cities increase risk of flooding from rising sea levels
Subsidence linked to extraction of groundwater and natural gas, and weight of buildings pressing into soft ground. A number of cities on the US east coast are sinking, increasing the risk of flooding from rising sea levels.. Between 2007 and 2020 ...The Guardian - World -
'Gray divorce' has doubled since the '90s — and the financial risk is high for women
Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.CNBC - Business -
Ukraine's Zelenskyy warns of risks to U.S. if Putin not stopped
In an exclusive interview with CBS News' Charlie D'Agata, Ukraine's President Volodymyr Zelenskyy warns that if America doesn't help his country turn back Russia's invasion, Vladimir Putin will bring war to Europe, drawing in U.S. forces.CBS News - World - Ukraine -
BoE warns of risks to UK businesses from private equity bubble
Officials escalate warnings about leverage, transparency and valuationsFinancial Times - World - United Kingdom -
Russia is returning to its Cold War posture with plans to increase troops along its NATO borders, Lithuania's PM warns
Yahoo News - World - Russia -
US officials warn of increase in bacterial illnesses that can lead to meningitis and possibly death
U.S. health officials are warning of an increase in illnesses caused by a bacteria that can cause meningitis and possible deathABC News - Health -
Millions of older adults with student debt are at risk of losing some Social Security benefits, lawmakers warn
Millions of older adults behind on their student loans could soon receive a smaller Social Security benefit.CNBC - Business -
UK pension rules risk ‘finishing off’ remaining defined-benefit plans, MPs warn
Commons committee calls on government and regulator to change tack over where retirement schemes can investFinancial Times - Business - United Kingdom -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
Stability AI founder and CEO Emad Mostaque resigns
Stability AI had been plagued by sporadic bad press and reports of issues within the company for much of Mostaque's tenure.VentureBeat - Tech -
Trump’s Financial Squeeze
How the former president’s legal troubles might affect his campaign.The New York Times - Top stories - Donald Trump -
IMF head says China at ‘fork in the road’ on reforms to boost demand
Kristalina Georgieva’s remarks at Beijing conference come as China export glut tensions riseFinancial Times - Business - China -
An America at Risk
Biden and Trump know the details of the nation’s security threat. Does either have a plan to meet it?The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Gain insight on the Baltimore bridge collapse, Canada’s recent surge in immigration, the rising U.S. housing supply, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Stability AI's CEO Resigns in Another Startup Leadership Upset Over AI's Future
Founder and CEO Emad Mostaque has stepped down from his company, evoking echoes over drama at OpenAI last year.Inc. - Business -
Satellite Images Show North Korea's Increasing Isolation
The country was the first to close its border in the pandemic. It still hasn’t fully emerged.The Wall Street Journal - World - North Korea -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.CNBC - Business - China -
Financial services counting on AI for a productivity boost
AI set to take on customer help, pricing and transaction monitoring — leaving some workers to find alternative rolesFinancial Times - World -
Biden campaign tests waters on Trump’s financial woes
President Biden’s reelection campaign has grown more aggressive in its mocking of former President Trump’s financial situation, even in light of millions of dollars in legal penalties Trump owes. Biden’s team took no mercy on Trump last week when ...The Hill - Politics - Joe Biden -
Discover Financial CEO Michael Rhodes Resigns
Discover said Michael Rhodes is resigning as CEO and president of the company, shortly after taking over both positions. Rhodes has been tapped as CEO of Ally Financial.The Wall Street Journal - World -
The Morning Risk Report
Apple turns to longtime Steve Jobs disciple to defend Its 'walled garden,’and Tom Hayes, the trader at center of Libor scandal, loses his appeal. Also, AI is moving faster than attempts to regulate it, and here’s how companies are coping.The Wall Street Journal - World -
Are Travel Loyalty Programs at Risk?
A new agreement by Visa and Mastercard to reduce fees charged to merchants may drain the lucrative rewards that grant free travel to many credit card users.The New York Times - Business -
FAA to increase oversight of United Airlines after recent issues
The Federal Aviation Administration (FAA) is increasing its oversight of United Airlines in the wake of recent incidents, including a plane losing a tire during takeoff, the airline said Friday. Sasha Johnson, United’s vice president of corporate ...The Hill - Politics - Travel -
Hunt: We'll keep 'triple lock' on pension increases if we win election
Chancellor Jeremy Hunt says it's an expensive commitment but one his party is confident it can deliver.BBC News - Top stories -
1949: ‘Red Star’ Says Labour Increases British Taxes
The Soviet Army newspaper report blamed the government’s foreign policy for the higher cost of living for the working class.The New York Times - World -
Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall
President Biden has called for $5 trillion in new taxes on corporations and high earners. But his record so far is as a net tax cutter.The New York Times - Business - Joe Biden -
Andean alarm: climate crisis increases fears of glacial lake flood in Peru
In 1941, thousands of people died in Huaraz when the natural dam on a lake above the city gave way. Now, melting glaciers are raising the chances of it happening again• Photographs by Harriet Barber. Lake Palcacocha is high in the Cordillera ...The Guardian - World - Climate -
Cyber-attacks linked to Chinese spy agencies are increasing, say analysts
Warning comes after UK and US announce sanctions against Chinese companies following mass hacking of UK data. Cyber-attacks linked to Chinese intelligence agencies are increasing in capability and frequency as they seek to test foreign government ...The Guardian - World -
Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade
The yen was partly undermined by comments from a Bank of Japan board member that the central bank would cautiously unwind its easy monetary policy.The Wall Street Journal - World -
How Entrepreneurs Can Work Together to Increase Community Engagement
Discover ways to partner with fellow entrepreneurs to boost your brand's performance and connections.Inc. - Business -
Increase in migrants trying to cross U.S.-Mexico border in states farther West
There’s been a dramatic shift in routes of migrants trying to cross the U.S.-Mexico border, with a big drop in Texas and an increase in states farther West like Arizona and California.CBS News - Politics -
The Broad announces massive expansion that will increase gallery space by 70%
The $100-million Broad museum expansion will rise directly behind the existing structure and is expected to be complete ahead of the 2028 Summer Olympics.Los Angeles Times - Entertainment -
Powerball jackpot increases to $935 million after no one wins the top prize
The Powerball jackpot increased to an estimated $935 million after no one matched the six numbers drawn Wednesday night.NBC News - Top stories -
Sam Bankman-Fried sentencing and STI increase in older adults: Morning Rundown
Investigation into Baltimore bridge collapse continues. STI rates increase in over-55s. Trump to attend NYPD funeral. Sen. Joe Lieberman dies at 82. Haiti wary of foreign intervention.NBC News - Top stories -
NYC plans to test gun scanners in subway system amid increased crime
New York City plans to test weapons detection technology in the subway system in response to transit crime, the mayor announced Thursday.ABC News - Top stories -
Leicester to sue Premier League and EFL as financial chaos takes remarkable twist
Leicester City have taken the remarkable step of launching legal action against the Premier League and Football League after vowing to “fight” the threat of heavy sanctions.Yahoo Sports - Sports - Premier League -
My plan to protect Americans’ financial privacy in a digital economy
The United States’ leadership in the global economy will continue to be driven by our core values of privacy, individual sovereignty and free market competitiveness that instill confidence in our economy and system of governance. Abandoning these ...The Hill - Politics -
Trump gets surprise financial lifeline with $175M bond decision
Former President Trump won a surprise decision from a New York appeals court Monday that significantly lowered the cost of a bond he must pay while appealing a multimillion-dollar civil fraud judgment against him. It’s a decision that eases some ...The Hill - Politics - Donald Trump -
Trump Dodged Financial Ruin, but Failed to Delay His Trial
Also, the U.N. passed a resolution for an immediate cease-fire. Here’s the latest at the end of Monday.The New York Times - Top stories - Donald Trump