Personal Finance Daily Amid Bank Turmoil Concerns Mount about Financing Drying Up for Home Builders and Home Buyers and Worries over Banking Sector May Prompt Credit Card Issuers to Further Tighten Lending Standards
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The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Home sales are down. Here's why buyers should act now.
A drop in home sales could prove to be an opportunity for some buyers. Here's why.CBS News - Top stories -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Bezos Earth Fund Commits to Continue Financing Climate Targets Group
Philanthropic body denies accusations of exerting influence over Science Based Targets initiativeThe Wall Street Journal - World - Climate -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
German cars are the best in the world, its finance minister insists: 'They do not have to fear Chinese competition'
German cars are “the best in the world” and the country’s carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.CNBC - Business -
Isfahan Is Home to Iranian Missile and Nuclear Facilities
Missiles are produced near the city, which also has nuclear research centers.The New York Times - World - Iran -
How to harness the power of colour in your home
Colour is used by architects and designers for many reasons but can the psychology behind it help you sort out your own interior dilemmas?Financial Times - Business -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
Why buying stocks in this hot sector may turn out to be a money-losing bet
The semiconductor industry has been soaring; that won’t last forever.MarketWatch - Business -
A New Women’s Pro Hockey League Is Booming. Just Not in New York.
The fledgling Professional Women’s Hockey League is booming — except in New York, where the team is in last place. But the players haven’t given up.The New York Times - Top stories - New York -
6 reasons to tap into your home equity for cash right now
It can make sense to borrow from your home's equity in today's rate environment. Here's why.CBS News - Top stories -
Worried About Trump’s Support for Ukraine, Eastern Europe Tries Outreach
A gathering of officials from Lithuania and Ukraine and supporters of Donald J. Trump highlights growing efforts to get on the good side of the former U.S. president in case he is elected again.The New York Times - World - Ukraine -
Shopify is tightening up on hiring. One analyst likes the stock more as a result.
“We believe investor expectations have over corrected,” Morgan Stanley analysts say.MarketWatch - Business -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
What I Learned From an Act of Violence in Sydney That Hit Too Close to Home
Amid early tidbits of misinformation came lessons about dodging falsities and allowing facts to build a story.The New York Times - World -
Zhou Guanyu relishing home F1 debut after long road to Chinese GP
The Sauber driver has had a long wait to race on home soil and expectations are off the charts in Shanghai. There has been no little wait for the home crowd and their local hero Zhou Guanyu but what a moment it will be when, finally, this weekend ...The Guardian - World -
Israel Strikes Iran in Narrow Attack Amid Escalation Fears
Tehran lifts restrictions on Iran’s airspace after canceling flights amid reports of explosions.The Wall Street Journal - World - Iran -
AI Gives Enterprise Device Market Something to Be Excited About
The biggest innovation in years has come for personal computers as manufacturers integrate chips that enable them to run large scale AI models directly on the device. But how quickly chief information officers will want to start snapping up the ...The Wall Street Journal - World -
Her Accessible Recipes Inspire Millions of Home Cooks. She's Learning Right Along With Them.
For surprising flavor combinations like Crispy Lime Cabbage & Turmeric White Bean Mash, legions of followers flock to @Justine_Snacks. And no one is more surprised by that than its creator.The Wall Street Journal - World -
Chris Pratt draws ire for razing historic 1950 LA home for sprawling mansion
Actor and wife Katherine Schwarzenegger dismantle 1950 Zimmerman house designed by architect Craig Ellwood. Chris Pratt has drawn ire from architecture aficionados after news broke that the actor and his wife, Katherine Schwarzenegger, had razed a ...The Guardian - World -
Ex-Bernie Sanders Pollster Worried About RFK Jr.’s Appeal Among Crucial Voters
A Democrat warns that the independent could siphon crucial support from Biden.The New York Times - Top stories -
FAA will require more rest time for air traffic controllers amid fatigue concerns
Staffing shortfalls have led to forced overtime and tightly packed air traffic controller schedulesCNBC - Business -
What to know about nuclear fusion amid congressional push
A bipartisan group of lawmakers has introduced a bill supporting the development of nuclear fusion power. Hank Jenkins-Smith, professor of public policy at the University of Oklahoma, joins CBS News to discuss.CBS News - Top stories -
Coral reef misinformation bubbles up amid bleaching worldwide
Yahoo News - World -
Germany's Baerbock angry over public reports about row with Netanyahu
Yahoo News - World -
Some Wales roads to revert to 30mph after backlash
Transport Secretary Ken Skates says speed limit policy must be "corrected" after a public backlash.BBC News - Top stories -
Rockies' Kyle Freeland out up to 6 weeks with elbow injury. He says pitch clock may have been factor
Colorado Rockies pitcher Kyle Freeland is expected to miss between one month and six weeks because of a strained left elbow and says the pitch clock may have been a factorABC News - Sports -
"E! News" co-host Keltie Knight opens up about health struggles
"E! News" co-host Keltie Knight is revealing details about her private battle with a chronic health condition in hopes of helping others. The Emmy Award winner revealed last month that she was having a hysterectomy to treat a chronic and severe ...CBS News - Entertainment -
Delays to OFR funds recognition scheme leaves UK out in the cold
Post-Brexit overseas funds regime has yet to be implemented, depriving UK investors of some of latest innovative fundsFinancial Times - World - United Kingdom -
Oil ends below the day’s highs as panic eases over Israel’s retaliation against Iran
Oil prices on Friday pared much of their overnight gains to settle with a more modest rise as “calmer heads” prevailed after an apparent retaliatory attack by Israel on Iran.MarketWatch - Business - Iran