In One Chart Commercial Mortgages Are A Big $31 Trillion Share of Bank Holdings Goldman Sachs
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Here's the inflation breakdown for April 2024 — in one chart
The consumer price index rose 3.4% in April from a year earlier, marking a decrease from March, according to the Bureau of Labor Statistics.CNBC - Business -
Honest Tea's Seth Goldman Knows What It Takes to Build a Thriving Business
The serial entrepreneur shared his keys to growing a mission-based business on a recent Inc. podcast.Inc. - Business -
KFC parent Yum Brands approves $2 billion in share buybacks
KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.MarketWatch - Business -
US Treasury threatens Austria’s Raiffeisen Bank over Russia unit
Bank ditched asset-swap plan connected to oligarch Oleg Deripaska after letter warning of potential secondary sanctionsFinancial Times - Business - Russia -
Soros Fund Management dumps New York Community Bank stake
Soros Fund Management eliminated its stake in New York Community Bank, a regulatory filing shows.MarketWatch - Business - New York -
Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture
The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about how long he can hang on.The New York Times - Business -
‘Trump Force One’ clipped a parked plane at Florida airport
Former President Trump’s Boeing 757 clipped a parked plane while taxiing at a Florida airport Sunday morning. Trump landed in Cincinnati on Wednesday, his day off from his hush money trial, for an intimate, high-dollar fundraiser, but he arrived ...The Hill - Politics - Florida -
BoE should hold regular reviews of monetary policy, says Bernanke
Former US Fed chair suggests UK central bank could apply broader scrutiny to its tools and decision-makingFinancial Times - World -
Ukraine Fights to Hold Off Fierce Russian Assaults in Northeast
While Ukrainian officials and analysts said that a Russian advance across the border appeared to be slowing, President Volodymyr Zelensky canceled his participation in international events.The New York Times - World - Ukraine -
Putin calls for big increase in armaments production
Yahoo News - World -
Dell surges 11% on optimism it has secured big AI server orders
"All-in, we are hearing about more AI server momentum at Dell than at any other OEM," wrote Morgan Stanley's Erik Woodring.CNBC - Business -
Wall Street Big Wigs Raise $68.5 Million to Fight Poverty
The Robin Hood Foundation, an antipoverty organization in New York City, threw a “Matrix”-inspired gala.The New York Times - Lifestyle -
In About-Face, Wall Street’s Big Donors Warm to Trump
They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term after the first one alienated them.The New York Times - Business - Donald Trump -
Big Wave Surfers Help Rescue Brazil Flood Victims
Yahoo News - World - Brazil -
One year ago, a deadly boarding house fire shook New Zealand. We must prevent another tragedy
The Loafers Lodge blaze prompted a review of safety standards at New Zealand’s 800 boarding houses but more action is needed. One year ago, Wellington’s mayor said her city had endured one of its “darkest days” after a fire broke out at the ...The Guardian - World -
Scheffler, McIlroy or Koepka? Can Tiger's body hold up? Here's what to watch for at Valhalla
The PGA Championship at Valhalla Golf Club tees off Thursday in Louisville, Kentucky, with a longer course and stormy weather in the forecast.ESPN - Sports -
Netflix hits 40 million active users for ad tier, putting it closer to the big leagues for advertisers
Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable ...MarketWatch - Business - Netflix