Powell and Yellen Struggle to Calm Nerves in Banking Crisis
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How Yellen struggled to move the needle on US-China trade
Treasury secretary’s week-long trip yields little progress on disagreements over how Beijing should counter slowdownFinancial Times - Business - China -
European banks will struggle to get much ‘strategic’ love
Banking federation is calling for a more consistent set of rules across the EUFinancial Times - World - Europe -
World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says
Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world . The World Bank must take a “quantum leap” to provide new finance to tackle the climate crisis or face “climate-driven ...The Guardian - World - Climate -
Deborah Feldman, the Author of ‘Unorthodox,’ Touches a Nerve in Germany
Feldman, who wrote in “Unorthodox” about leaving her Hasidic community in New York, has been touching a nerve in Germany, where she is now a citizen.The New York Times - World -
Yellen Warns China on Exports and Russia Support
Beijing’s economic policies threaten American workers, Treasury Secretary Janet L. Yellen told Vice Premier He Lifeng in the southern city of Guangzhou.The New York Times - Business - China -
China Pushes Back Against Yellen's Warnings on Overcapacity
Chinese officials have dismissed concerns raised by the U.S. Treasury Secretary that it should scale back on industrial production, saying that the country is developing its economy appropriately.The Wall Street Journal - World - China -
Jeff Yass Has a Question for Janet Yellen
The Treasury secretary is concerned about China’s clean-energy subsidies.The Wall Street Journal - World -
Why Finland’s Stubb wants EU to be ‘cool, calm and collected’ on Russia
Also in this newsletter: The ECB drags its feet on lowering interest ratesFinancial Times - World - European Union -
CBS Mornings Deals: Save 42% on a multipurpose spring cleaning tool
These deals won't last long.CBS News - Top stories -
EU leaders call for calm as Israel-Iran situation threatens to spiral
Yahoo News - World - European Union -
Nerve-testing times pose question of European nuclear deterrent
Amid rising concerns about the US security guarantee, policymakers mull how to ensure the continent’s defenceFinancial Times - World -
Real Madrid dethrone Manchester City after Rüdiger holds nerve in shootout
Antonio Rüdiger had been booed throughout because the Manchester City support had not forgotten what he did as a Chelsea player to Kevin De Bruyne in the 2021 Champions League final; the forearm smash that put their midfielder out of the game, ...The Guardian - World -
Ministers must hold nerve on 20mph, urges cycling charity
The Welsh government is looking at only having 20mph zones near schools, hospitals and nurseries.BBC News - Top stories -
Practice patience with struggling stars
Tristan H. Cockcroft discusses why fantasy managers need to be patient with slow starters like Ronald Acuna Jr. and Julio Rodriguez.ESPN - Sports -
Yellen says U.S. preparing fresh Iran sanctions after Israel attack
The Biden administration is preparing fresh sanctions against Iran after the Islamic Republic’s attack on Israel, Treasury Secretary Janet Yellen told reporters on Tuesday.MarketWatch - Business - Iran -
China Struggles to Kick Deflationary Concerns
A manufacturing-led recovery has sparked trade frictions abroad, but weak price growth shows consumption lags behind at home.The Wall Street Journal - World - China -
Oil posts back-to-back losses, suffering from ‘uneasy calm’ on Middle East tensions
Oil futures notched back-to-back-session losses on Tuesday.MarketWatch - Business -
Powell sees 'lack of progress' on inflation
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story Powell bemoans 'lack of progress' on inflation Federal Reserve Chair Jerome Powell warned Tuesday that the country ...The Hill - Politics - Inflation -
Bluey’s blockbuster episode hit a nerve for my family by casting moving house as difficult and scary | Chloe Booker
Children go through all sorts of changes, along with moving. The show was a missed opportunity to help children navigate such events in their life. Get our morning and afternoon news emails, free app or daily news podcastBluey’s blockbuster ...The Guardian - World -
Bank of America Earnings Drop, Under Pressure From Higher Rates
The bank reported an 18% drop in first-quarter profit, but still topped expectations with strong performances from its Wall Street and wealth-management operations.The Wall Street Journal - World -
Over 7 million struggling with bills, survey finds
Many feel “heavily burdened” by their finances but the picture has improved from 2023, a survey finds.BBC News - Top stories -
Ericsson Mobile Network Weakness to Continue Through 2024
Ericsson expects the mobile-network market to continue falling at least through the end of this year, as customer spending remains cautious and investments in India slow further.The Wall Street Journal - World -
U.S. Natural Gas Futures Gain in Rebound Off Lows
U.S. natural gas futures staged a late-session rebound after testing a new May contract low at $1.649/mmBtu.The Wall Street Journal - World -
Ukraine’s air defence struggle highlights risks to Israel
Full-scale conflict has depleted Ukrainian defences, and Israel could face a similar plight despite successful interceptionsFinancial Times - Business - Ukraine -
Trouble in the Water: Hawaii's Climate Crisis
Long before there was a crisis in Hawaii involving flames, there was a crisis involving water: water that climate change was drying up, scarce water going to tourist activities instead of locals, and then tainted water that poisoned thousands with ...CBS News - Top stories - Climate -
The great stink of England’s sewage crisis
Plus, are Angela Rayner’s tax affairs a big problem for Labour or a smear story?Financial Times - World -
Janet Yellen says she won't rule out possible tariffs on China's green exports
Treasury Secretary Janet Yellen said Monday that she would not rule out any measures, including potential tariffs, on China’s green energy exports.NBC News - Top stories - China -
Chinese officials pushed back against Treasury Secretary Yellen's calls for Beijing to scale back its industrial production.
Chinese officials pushed back against Treasury Secretary Yellen’s calls for Beijing to scale back its industrial production.The Wall Street Journal - World -
Analysis-After issuing factory capacity warning to China, Yellen faces tariff decisions
U.S. Treasury Secretary Janet Yellen hammered home a stern warning to China's economic leaders that their overinvestment in factory capacity for clean energy goods is unacceptable throughout her four-day visit to Guangzhou and Beijing. She did it ...Yahoo Sports - Sports -
Edgar Wright Rebooting The Running Man With Glen Powell
Glen Powell (Top Gun: Maverick) is set to star in Paramount's upcoming action film, The Running Man. According to The Hollywood Reporter, Powell will take on the lead role in the adaptation of Stephen King's novel, directed by Edgar Wright (Shaun ...GameSpot - Tech -
Fed Chair Jerome Powell Dials Back Expectations on Interest-Rate Cuts
Federal Reserve Chair Jerome Powell said firm inflation had introduced new uncertainty over whether the central bank would be able to lower rates this year.The Wall Street Journal - World - Federal Reserve -
Dollar Slightly Higher After Powell Comments
The dollar was slightly higher after Fed Chair Jerome Powell kept a hawkish tone.The Wall Street Journal - World -
Treasury Yields Boosted By U.S. Data, Powell Remarks
Treasury yields rose for the second consecutive day, after U.S. March industrial production met expectations and Fed Chair Powell said it may take longer than expected to cut interest rates.The Wall Street Journal - World -
Let Americans Bank Again
A 2010 U.S. tax law can make it almost impossible for expats to open accounts.The Wall Street Journal - World -
Bank Earnings in Focus
The season kicks off in earnest, with results due from JPMorgan Chase, Wells Fargo and Citigroup.The Wall Street Journal - World -
Roundup of Bank Earnings
Investors watch bank earnings for news about the individual banks and the financial sector broadly, but also for insights about the state of the economy.The Wall Street Journal - World -
Labor crisis: Why is there a shortage of plumbers and electricians?
Over time, fewer skilled workers could mean months-long wait times for services and higher prices.The Hill - Politics -
Baseball's Pitcher Injury Crisis Reaches Maximum Velocity
Spencer Strider and Shane Bieber are the latest aces to go down as major league pitchers keep pushing for more velocity and increasingly dramatic breaking pitches.The Wall Street Journal - World -
Hawaii "on the verge of catastrophe" as water crisis continues
The island home to Hawaii's capital may be surrounded by ocean, but years-long drought conditions, tourist activities and contamination are jeopardizing the island's only source of freshwater.CBS News - Top stories -
The president must resolve America’s crisis of conscience on Gaza
To escape the dark shadow that the violence in Gaza has cast over his presidency, Joe Biden must make a clean break in word and in deed from Israeli Prime Minister Benjamin Netanyahu’s campaign of death and destruction against Palestine.The Hill - Politics