Market Snapshot Dow Ends Nearly 200 Points Higher As Bank Sector Stress Wanes
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A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
UK sends Canary Wharf landlord first cladding bill under new powers
Housing department seeks to force Yianis Group to pay £20.5mn towards building safety worksFinancial Times - Business - United Kingdom -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Treasury yields end higher to kick off holiday-shortened week
Rates on U.S. government debt jumped by the most in one week on Monday as traders braced for a busy holiday-shortened period.MarketWatch - Business -
Oil ends higher, with U.S. prices up 16% for the quarter
Oil futures settled higher Thursday for the first time in three sessions to tally a solid gain for the quarter and a third straight monthly climb.MarketWatch - Business -
Don't sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard's chief U.S. economist.CNBC - Business - Federal Reserve -
Nearly 170-year-old private college in Alabama says it will close at the end of May
Birmingham-Southern College, a private liberal arts college in Alabama, will close at the end of May after running into financial difficulties and being unable to secure a financial lifeline from the state, officials announced Tuesday.NBC News - Top stories -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Bleak images show snapshots of daily life in the closed world of North Korea
Yahoo News - World -
A heart condition nearly ended Tyon Grant-Foster's hoops career — and his life — before he led Grand Canyon to its first NCAA tournament win
Two short years ago, Grant-Foster wasn't sure if he'd ever play basketball again. Now, he's playing a starring role for Grand Canyon as it tries to make the Sweet 16.Yahoo Sports - Sports -
Jared McCain makes 8 3s, scores 30 points as Duke ends James Madison's March Madness run
Jared McCain scored 22 of his 30 points in the first half and set a Duke record for an NCAA Tournament game with eight 3-pointers as the Blue Devils ended 12th-seeded James Madison’s dream season with a 93-55 second-round victoryABC News - Sports -
Payton not stressing over Broncos' QB situation
Since releasing QB Russell Wilson, the Broncos haven't signed a replacement nor improved their draft position. That might have created a level of concern for the fans, but Sean Payton made clear that the acquisition period is far from complete.ESPN - Sports - NFL -
The Surprising Way You Can Lower Employee Stress
Ozempic maker Novo Nordisk says their employees have incredibly low stress levels. Let's dive into those numbers -- and how you can reduce stress in your business.Inc. - Business -
NYC Man Spent $200 for a Five-Year Stay at the New Yorker Hotel
Mickey Barreto’s five-year stay cost him only $200.57. Now it might cost him his freedom.The New York Times - Top stories - New York -
Dow Jones Industrial Average Fast Facts
Read Fast Facts on CNN to learn about the Dow Jones Industrial Average.CNN - Top stories -
Dow Industrials Remain Just Below 40000 Milestone
The S&P 500, Dow and Nasdaq struggled for direction, after advancing yesterday.The Wall Street Journal - World -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
Clippers' loss to 76ers puts more stress on their home playoff plans
With 12 games left, the struggling Clippers are running out of time to hold on to fourth place in the Western Conference.Yahoo Sports - Sports -
Jim Harbaugh will make Chargers a contender by stressing this basic and true fundamental of football
Harbaugh wants his team to be the most physical on the fieldCBS Sports - Sports -
Australian Regulator to Conduct First Financial System Stress Test
Australia’s prudential regulator will conduct its first systemwide stress test, as it seeks to better understand potential risks borne by an increasingly interconnected financial system.The Wall Street Journal - World -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Bird attacks and jagged mailboxes: Australian posties dodge more than 200 hazards a day
Australia Post logged more than 81,000 hazards in the past year according to handheld digital tool used to warn other posties of potential dangers. Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, ...The Guardian - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 130 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 34.The Wall Street Journal - World - Israel -
Get a new Apple Watch for under $200: Apple Watch SE is on sale at Walmart and Amazon
Get the second-generation Apple Watch SE smartwatch for as low as $189 right now.CBS Sports - Sports - Apple -
Apple Vision Pro Gets First Discount - Save $200 On The New VR Headset
The new Apple Vision Pro 256GB model is $200 off at the Amazon-owned retailer Woot, dropping the price to $3,299 (was $3,499). While that's a modest discount, it's also the first price drop we're aware of for Apple's augmented reality headset--or ...GameSpot - Tech - Apple -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
China’s solar billionaire feels the heat as sector faces upheaval
Longi founder Li Zhenguo is laying off thousands of staff in an industry grappling with oversupplyFinancial Times - Business - China -
UK mobile merger must ring in changes for troubled sector
Fierce competition has hammered the market’s economicsFinancial Times - World - United Kingdom -
This was a hot and promising sector for 2024. That’s over, says one strategist. For now.
Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.MarketWatch - Business -
Wars in Ukraine and Middle East boost orders at German defence supplier
Tank-parts maker Renk’s share price has almost doubled since its listing in FebruaryFinancial Times - World - Ukraine -
Rise in AI Fraud Spurs Government-Financial Sector Cooperation to Protect Against It
A Treasury Department survey of banking and finance companies finds solutions for battling AI-enhanced scammers, opening new opportunities for tech businesses.Inc. - Business -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Walter Massey, a Physicist With a Higher Calling
He broke barriers as the first Black physicist in nearly every role. But his identity made him reach for dreams beyond his career as a scientist.The New York Times - Science -
Comex Gold, Silver Settle Higher
Gold settled up 1.2% Thursday, and silver rose 0.7%. For the quarter, both metals posted gains.The Wall Street Journal - World -
Zambia agrees deal to restructure nearly $4bn of bonds
Bankrupt southern African nation moves closer to exiting default with revised bondholder arrangementFinancial Times - Business -
Almost four million smart meters not working properly
Customers report being hit by hefty bills caused by smart meters not working properly.BBC News - Top stories -
68% of Americans feel stressed about cost when planning a date—here's who they think should pay
The majority of Americans agree the finances around dating are stressful. But there's differing opinions on who should pay for the first date.CNBC - Business -
Ukrainian foreign minister stresses need for more weapons: 'Give us the damn Patriots'
Ukrainian Foreign Minister Dmytro Kuleba is sounding the alarm on Ukraine's need for more weapons to fight against Russia, while further aid for the embattled nation remains held up in Congress. "Give us the damn Patriots," Kuleba said in an ...The Hill - Politics - Ukraine