Outside the Box Congress Should Reinvigorate the Cftc So It Can Regulate Shadowy Financial Markets
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Financial Services Roundup: Market Talk
Toronto-Dominion Bank, Capital One and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
The AI ecosystem is complex and dynamic: Its regulation should acknowledge that
We cannot presume that existing regulatory efforts looking backwards are either sufficient or a substitute for this bigger and more complex endeavor, which necessarily must be forward-looking, for a future that is inherently uncertain.The Hill - Politics -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - Business -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Cramer says the pull of the bond market is worrying, so keep some cash on hand
CNBC's Jim Cramer told investors to keep some cash on hand.CNBC - Business -
What Marketers Should Know About Ibotta, the Digital Promotions Company That Just Went Public
The Walmart-backed company provides consumers with cash back and other deals in exchange for their purchase data.The Wall Street Journal - World -
No, a Shadowy Figure Is Not Buying Tents for Columbia Student Protesters
Conspiracies about outside forces funding and orchestrating the university protests at Columbia and NYU have taken hold online, primarily on X.Wired - Tech -
Congress could finally take a stand on crypto
A U.S. stablecoin bill could come into focus in May that aims to create a new regulatory framework for digital assetsMarketWatch - Business -
The Italian film which beat Barbie at the box office
Director Paola Cortellesi on the cry for change in Italy's chart-topping There's Still Tomorrow.BBC News - Top stories -
‘We Are So Back’ Is So Back
The phrase has become ubiquitous online as a way to celebrate life’s small pleasures — at least until “it’s so over.”The New York Times - Lifestyle -
Ukraine Is Denying Consular Services to Men Outside the Country
New guidance carries a clear message to men abroad who may be avoiding the draft: You don’t get the benefit of state services if you don’t join the fight.The New York Times - World - Ukraine -
Ukraine Is Denying Consular Services to Men Outside the Country
New guidance carries a clear message to men abroad who may be avoiding the draft: You don’t get the benefit of state services if you don’t join the fight.The New York Times - Top stories - Ukraine -
Provocative 'Civil War' prevails at the box office in its second weekend
The dystopian thriller about journalists attempting to cover the collapse of the U.S., starring Kirsten Dunst, held off a challenge from Universal's 'Abigail,' in the horror film's first weekend.Los Angeles Times - Entertainment -
Congress passed a TikTok bill. Will the US really ban the app?
A bill passed by Congress and signed by Biden requires owner ByteDance to sell or face a US ban – it’s its biggest threat yet. Senate passes bill banning TikTok if parent company does not sell itThe House of Representatives passed a bill that ...The Guardian - World - Tiktok -
Fauci to testify before Congress for the first time since stepping down
Anthony Fauci, former chief medical adviser to President Biden, will testify before the House Select Subcommittee on the Coronavirus Pandemic on June 3, making it the first time he will appear before a congressional panel since leaving government ...The Hill - Politics -
Why is it so cold this week?
Why has the weather felt so wintry recently, and when can we expect a change to something warmer?BBC News - Top stories -
U.S. Regulators Investigate Tesla Recall Tied to Autopilot
Federal auto-safety regulators have opened an investigation into the adequacy of Tesla’s December recall of 2 million vehicles equipped with Autopilot controls.The Wall Street Journal - World - Tesla -
Auto Safety Regulator Investigating Tesla Recall of Autopilot
The National Highway Safety Administration said it had concerns about how Tesla handled the recall based on recent crashes and testing of cars that had been updated.The New York Times - Business - Tesla -
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm.The Wall Street Journal - World - China -
Man arrested in connection to death of trans woman outside Miami City Ballet
Miami Beach Police have arrested a man in connection to the death of a transgender woman whose body was discovered near the Miami City Ballet.NBC News - Top stories -
Ukraine is putting pressure on fighting-age men outside the country
Ukraine is seeking to reverse the drain of potential soldiers from the countryABC News - World - Ukraine -
Protesters demonstrate outside Supreme Court ahead of Trump immunity case
NBC News' Shaquille Brewster reports from outside the Supreme Court where protesters are demonstrating as the court is set to hear arguments over former President Trump's claim of presidential immunity in the election interference case against him.NBC News - Politics - Donald Trump -
Nets check one box with Jordi Fernández hire, but their immediate future remains hazy
Brooklyn introduced its new coach on WednesdayCBS Sports - Sports -
Say goodbye to your iPhone? Maybe, if antitrust regulators have their way
Make no mistake: Enforcing antitrust law and protecting consumers from large companies’ abuses is important. But it must be done carefully.The Hill - Politics -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Net neutrality restored as FCC votes to regulate internet providers
The Federal Trade Commission has voted to restore rules to prevent broadband internet providers such as Comcast and AT&T from favoring some sites and apps over others — for instance, by slowing or blocking certain content or by offering higher ...ABC News - Tech -
How Abrupt U-Turns Are Defining U.S. Environmental Regulations
The polarization of politics means that rules are imposed, gutted and restored with each election. Experts say that’s bad for the economy.The New York Times - Top stories -
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulationsABC News - Tech -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Many large U.S. cities are in deep financial trouble. Here's why
Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.CNBC - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - Business -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Why South Africa is Anglo American’s ‘poison pill’
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the countryFinancial Times - Business -
Alphabet set to surge past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Sanity Prevails, and So Does Mike Johnson
Democrats decline to join the GOP chaos caucus, allowing the speaker to survive.The Wall Street Journal - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World