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JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
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MarketWatch - Business
Fed stress tests fall short, finance professor says
Tomasz Piskorksi of Columbia Business School says Fed didn’t include scenarios that killed Silicon Valley Bank, First RepublicFederal Reserve -
Financial Times - Business
US banks announce dividend payouts after passing Fed’s ‘stress tests’
Banks said they would return excess capital to shareholders after Fed concluded they could withstand a severe downturn -
MarketWatch - Business
Fed’s interest-rate policy is working, just taking longer than everyone would want, Daly says
Critics say the opposite: the longer policy takes, the more it looks like it isn’t working -
CNBC - Business
IMF says Fed should hold interest rates where they are until 'at least' end of year
IMF managing director Kristalina Georgieva said Thursday that the Federal Reserve should hold off on rate cuts until 'at least' the second half of the year.Federal Reserve -
MarketWatch - Business
Nvidia faces an ever-higher bar. How Morgan Stanley says to play its stock.
Morgan Stanley isn’t “pounding the table” on Nvidia shares but still sees some upside. -
CBS News - Top stories
How many CD accounts should I have? What experts say
It can be difficult to determine how many CDs you need. Here's how experts say you should approach the issue. -
The Hill - Politics
49 percent say Democrats should nominate someone other than Biden: Survey
Close to half of Americans believe the Democratic Party should replace President Biden in the 2024 election, per a YouGov poll conducted the morning after the first presidential debate. Of those polled, 49 percent said Biden should be replaced at ... -
CNBC - Business
Apple's Vision Pro starts deliveries at a higher price in China than in the U.S.
Apple's mixed-reality headset began deliveries in China on Friday with a retail price 18% higher than in the U.S.China -
The Guardian - World
The stakes of the US election are higher than ever | Sidney Blumenthal
If the president is not politically viable, the stakes of this election not only remain but are even higher than ever. I saw western civilization pass before my eyes as Joe Biden drowned.. “Putin is waiting for Trump,” John Bolton, Donald Trump’s ...
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CNBC - Business
Supreme Court rules Trump has immunity for 'official acts,' limits evidence and reach of special counsel's election case
Former President Donald Trump is charged with illegally conspiring to overturn his loss to President Joe Biden in the 2020 presidential election.Donald Trump -
CNBC - Business
Boston Celtics' majority owner puts team up for sale weeks after NBA championship
The ownership group behind the Boston Celtics has put the team up for sale, weeks after it won the NBA championship.NBA -
CNBC - Business
Paramount is hunting for a streaming partner, could kick off a wave of deals
Warner Bros. Discovery has interest in merging Max and Paramount+, as Paramount looks to strike a deal for its money-losing streaming service. -
CNBC - Business
Citadel’s Ken Griffin says he's not convinced that AI will replace human jobs in the near future
Griffin, whose firm has been at the forefront of automation, said machine-learning tools have their limits when it comes to adapting to changes. -
CNBC - Business
Chewy shares fall nearly 7% as the boost from Roaring Kitty's new stake diminishes
The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company.