The Fed Emergency Borrowing from Fed Dips A Sign That Bank Stress May Be Easing
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GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
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 -
Fed's preferred inflation gauge shows price pressures stayed elevated last month
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bidABC News - Top stories -
Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Yen
The Fed’s monetary policy decision on Wednesday is likely to take center stage. Inflation figures will be watched from the eurozone and Asia.The Wall Street Journal - World - Federal Reserve -
Economists react to Trump possibly curbing Fed’s independence: ‘Bad idea of all bad ideas’
Economists and other analysts are sounding off after a Wall Street Journal report said some allies of presumptive Republican presidential nominee Donald Trump have proposals to erode the Federal Reserve’s independence.MarketWatch - Business - Donald Trump -
All the data so far is showing inflation isn't going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.CNBC - Business -
More Bad News for the Fed: Its Favorite Inflation Gauge Increased More Than Expected in March
The PCE price index surged last month, putting the rate cut hopes of entrepreneurs on ice.Inc. - Business -
All the data so far is showing inflation isn't going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good.NBC News - Top stories -
Delta Flight Loses Emergency Slide After Takeoff From J.F.K.
The plane had taken off from Kennedy International Airport when crew members noticed problems near its right wing, Delta said. What became of the slide is unknown.The New York Times - Business -
At least 4 people are dead after a night of tornadoes and storms in the Midwest
Dawn broke over scenes of devastation in several counties across Oklahoma on Sunday, with reports of severe structural damage, closed highways, blackouts, injuries and at least five deaths.NBC News - Top stories -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Yen slumps to fresh 34-year low as Bank of Japan stands pat with no sign of intervention
The Japanese yen fell to a fresh 34-year low versus the U.S. dollar after the Bank of Japan left monetary policy unchanged and gave little indication that intervention to support the currency was imminent.MarketWatch - Business -
The 3 most affordable borrowing options right now
Interest rates are elevated, but there are still affordable lending options to consider if you need to borrow money.CBS News - Top stories -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Amplifier emerges from stealth to orchestrate AI-driven ‘self-healing’ security for enterprises
Amplifier's approach can easily enable companies to maximize the value of their existing security stack and amplify their security posture and culture to levels not achievable in the past.VentureBeat - Tech -
Mikel Arteta's prayers answered as Arsenal emerge victorious from thrilling North London derby at Spurs
A 3-0 lead nearly evaporated at Tottenham, but the Gunners held on to remain firmly in the Premier League title raceCBS Sports - Sports -
Jean-Philippe Mateta doubles up as Crystal Palace ease past Newcastle
It’s a question most Crystal Palace supporters and perhaps Roy Hodgson must be wondering - what would this season have been like if Eberechi Eze and Michael Olise not spent so much of it on the treatment table?. A third successive victory for ...The Guardian - World -
US on track to deliver aid to Gaza from sea by early May, officials say
The U.S. is on track to start delivering critical humanitarian aid into Gaza through a maritime corridor by early May and more details of the plan have been worked out, officials said. A senior military official said in a press call that ...The Hill - Politics -
Hunter Dickinson announces his return to KU; UCLA signs Tyler Bilodeau from portal
Kansas star center Hunter Dickinson has announced he will return for a final season with the JayhawksABC News - Sports -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Reggie Bush may have his Heisman Trophy back, but ex-USC star's NCAA legal battle remains far from over
Bush's Heisman celebration at USC wasn't all smilesCBS Sports - Sports -
Trillions of cicadas emerge across U.S.
Trillions of cicadas are emerging in some parts of the country after laying dormant for more than a decade. In Illinois, two broods will co-emerge for the first time in over 200 years. The collective noise from the insects can be as loud as a jet ...CBS News - Top stories -
Willie Mays Fast Facts
Read Fast Facts from CNN about Hall of Famer Willie Mays.CNN - Top stories -
As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.CNBC - Business -
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 -
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 - Business -
Deloitte Study: Women Are More Stressed--but Hybrid Helps
A new report found that women still face many challenges at work, including high stress, microaggressions, and poor work-life balance.Inc. - Business -
Justices Seemed Split on Emergency Abortion Access
Also, U.S. weapons are headed to Ukraine. Here’s the latest at the end of Wednesday.The New York Times - Top stories - Abortion -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
Emergency exit slide falls off Delta flight
A Delta Air Lines flight en route to Los Angeles was forced to circle back to New York's JFK International Airport Friday morning after it dropped an emergency exit slide.CBS News - Top stories -
Pro-Palestinian protests emerge on more college campuses
Pro-Palestinian protests emerged on more college campuses Friday amid growing concerns about outside demonstrators not linked to schools where protests are being staged. Lilia Luciano has details.CBS News - Top stories -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Putin plans to visit China in May
Yahoo News - World - China -
The Biggest Game Releases Of May 2024
We're quickly approaching the halfway point of the year, a period which has become a pitstop of sorts on the gaming calendar. Between the buffet of big releases we're now seeing more regular in February and March, to the traditional holiday season ...GameSpot - Tech -
Will you have a three-payday May?
Will you be receiving a third paycheck in May? Here's how to know.The Hill - Politics