Svb Bank Failure Shines Light on Dangers Lurking in Higher Interest Rates
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.CNBC - Business -
Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.CNBC - Business - China -
Nigeria’s naira rebounds sharply after bumper interest rate rises
After hitting record low against dollar, naira has become world’s best-performing currency in recent weeksFinancial Times - World -
3 things to do if interest rate cuts are delayed, according to experts
Delayed rate cuts translate to continued favorable yields on deposit accounts and Treasury bills.CBS News - Top stories -
NatWest profits fall 27% as interest rate benefits fade
UK bank’s shares up nearly a third this year as lender moves on from scandal over closure of Nigel Farage’s accountFinancial Times - Business -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Business - Federal Reserve -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Top stories - Federal Reserve -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Business - Federal Reserve -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - World -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - World -
WeWork agrees restructuring deal that shuts out Neumann comeback bid
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mnFinancial Times - Business -
WeWork agrees restructuring deal that shuts out Adam Neumann’s comeback bid
If approved agreement would give senior creditors control of reorganised co-working company in exchange for $450mnFinancial Times - Business -
WeWork agrees restructuring deal that shuts out Neumann comeback bid
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mnFinancial Times - Business -
WeWork agrees restructuring deal that shuts out Neumann comeback bid
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mnFinancial Times - Business -
More banks push back expectations of US rate cuts
Financial Times - Business -
New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says
Buyers are highly considering newly built homes amid a shortage of available homes in the U.S. Here's what this means and where prices are standing.CNBC - Business -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
GDP report shows why it’s a fool’s game to bet on the Fed’s interest-rate moves
Buying stocks after the “final rate hike” in a cycle demands perfect timing.MarketWatch - Business -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
The potential threat to Honolulu's water supply lurking underground
Two years after a fuel leak at the Navy's Red Hill storage complex contaminated drinking water at Pearl Harbor, the city of Honolulu is guarding against contamination to its own water supply.CBS News - Top stories -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Canadian stocks can outperform U.S. if Bank of Canada cuts rates before the Fed
Investors looking for a way to profit from a delayed start to Federal Reserve interest-rate cuts should consider putting their money to work in the Great White North.MarketWatch - Business - Canada -
Chinese regulators warn against SVB-style meltdown
Regional banks have been piling into long-dated sovereign bonds since JanuaryFinancial Times - World - China -
Chinese regulators warn against SVB-style meltdown
Regional banks have been piling into long-dated sovereign bonds since JanuaryFinancial Times - Business - China -
Agency failures contributed to park deaths - coroner
David Wails, Joe Ritchie-Bennett and James Furlong were stabbed to death in Reading in June 2020.BBC News - Top stories -
Traders will get a new look at the prospects for interest-rate cuts at the conclusion of the Fed's Wednesday meeting, potentially modifying investors' anxiety about what is next for the stock market.
Traders will get a new look at the prospects for interest-rate cuts at the conclusion of the Fed’s Wednesday meeting, potentially modifying investors’ anxiety about what is next for the stock market.The Wall Street Journal - World -
The Best Govee Smart Lights (2024): M1 Light Strip, Envisual T2, and More Tips
Govee makes some of the best affordable smart lights, but its enormous range can be overwhelming and confusing. Here’s how to choose the right fit for your home.Wired - Tech -
The Best Govee Smart Lights (2024): M1 Light Strip, Envisual T2, and More Tips
Govee makes some of the best affordable smart lights, but its enormous range can be overwhelming and confusing. Here’s how to choose the right fit for your home.Wired - Tech -
Stephen A: KD's failures ‘self-inflicted' by leaving Steph, Warriors
ESPN analyst Stephen A. Smith believes Kevin Durant is the only one to blame for his playoff failures since leaving Steph Curry and the Warriors in 2019.Yahoo Sports - Sports - NBA -
Op-ed: My bank, their bank or our bank
One of the most important conversations newlyweds need to have is figuring out how and who will pay the bills. That goal can be reached in so many ways.CNBC - Business -
McConnell hits Biden for ‘sending a green light to Putin’ with Afghanistan withdrawal
Senate Minority Leader Mitch McConnell (R-Ky.) criticized President Biden for “sending a green light” to Russian President Vladimir Putin when the U.S. withdrew its troops from Afghanistan. McConnell joined Fox News's "America’s Newsroom" on ...The Hill - Politics - Joe Biden -
Plato’s final hours recounted in scroll found in Vesuvius ash
Newly deciphered passages outline Greek philosopher’s burial place and describe critique of slave musician . Newly deciphered passages from a papyrus scroll that was buried beneath layers of volcanic ash after the AD79 eruption of Mount Vesuvius ...The Guardian - World -
New report sheds light on violence against people experiencing homelessness
A new report is examining acts of extreme violence toward people experiencing homelessness. CBS News reporter Bo Erickson looks at the causes and potential solutions for the violence.CBS News - Top stories -
A Dangerous Game Is Underway in Asia
The new alliance structure Washington is pursuing in Asia won’t guarantee peace and stability — and may raise the risk of stumbling into a conflict.The New York Times - Top stories -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World