The Risky Options for Main Street Cash Credit When Banks Say No to Lending
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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 -
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount.NBC 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 -
Bitcoin Miners Brace for the ‘Halving’—and Race to Cash In
The Bitcoin halving is imminent. Crypto mining companies are reaching for every trick in the book to survive it.Wired - Tech - Crypto -
Democrats back Republican Speaker’s plan to advance US aid to Ukraine
Move sets stage for Saturday vote that could unlock $60bn in support for KyivFinancial Times - Business - Ukraine -
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 -
When O.J. Simpson ‘Confessed’ to Murder
Years after Mr. Simpson was acquitted, he wrote a book and gave a shocking interview. The whole endeavor cost the publisher, Judith Regan, her job.The New York Times - Lifestyle -
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 -
When Valuing Your Business for Sale, Be Like Goldilocks
How to make sure the price isn't too hot, and isn't too cold, but just right.Inc. - Business -
How to Communicate When You and Others Are in Crisis Mode
Never lie during a business crisis.Inc. - Business -
Comet Pons-Brooks: How and When to See It
Soon, this devil-horned comet won’t be visible for another seven decades.The New York Times - Science -
How to watch the US Open Pickleball Championships for free: Livestream options, dates and times to watch today
Find out how and when to watch the US Open Pickleball Championships, including who's competing.CBS News - Top stories - US Open -
Trump hush money trial: Judge sets opening statements for Monday
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
Aubrey Kingsbury credits Washington Spirit owner Michele Kang's 'leadership' and 'vision' for team's success
The Spirit host NJ/NY Gotham on Saturday on CBS in an NWSL showdownCBS Sports - Sports -
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 -
FA Cup replays fall victim to scramble for cash and chaotic decision-making | Paul MacInnes
FA’s latest move reflects a further weakening of the game’s heritage and will only boost the argument for independent regulation. If you had been following the back pages over the past few months the changes to the format of the FA Cup would not ...The Guardian - World -
When the Cute Guy on Your Flight Turns Out to be Your Seatmate
Alex Zhou and Eddie Kay met on a plane heading to Boston from Los Angeles. After going their separate ways, the two reconnected on social media.The New York Times - Lifestyle -
Weekly quiz: What made Liz Truss itch in Downing Street?
Test how closely you have been paying attention to what has been going on over the past seven days.BBC News - Top stories - United Kingdom -
What to Do When Your 401(k) Leaves Something to Be Desired
Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly.The New York Times - Business -
Netflix’s stock has worst day in two years as its ‘rite of passage’ gets panned
Other tech companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.MarketWatch - Business - Netflix -
Jane Street loses bid for restraining order against Millennium
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolenFinancial Times - Business -
Regulators Restart Bid to Curb Bonus Pay on Wall Street
Incentive-compensation rules are required by the 2010 Dodd-Frank law but have yet to be put in place.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 -
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 -
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 -
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 -
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 -
Maine farmer convicted in infamous murder case seeks new trial
Dennis Dechaine is serving a life sentence for the murder and sexual assault of Sarah Cherry, who disappeared while babysitting in 1988.CBS News - Top stories -
Rusty Foster Tracks Media Gossip From an Island in Maine
Rusty Foster could never live in New York. But his hit newsletter, Today in Tabs, is an enduring obsession of the city’s media class.The New York Times - Tech -
Sure, They Can Rock and Roll All Night, but KISS Can't Get a Namesake Street in New York
A push to herald the band’s Big Apple roots with ‘KISS Korner’ in Chelsea hits a roadblock. ‘Oh, HELL, no.’The Wall Street Journal - World - New York -
Laborers and street vendors in Mali find no respite as deadly heat wave surges through West Africa
Yahoo News - World -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
Putin has a ‘factchecking’ operation, and so do other dictators – but they use them to twist the truth | Maxim Alyukov
Bad actors know that factchecking sites are a vital democratic tool. That’s why they’ve launched their own dishonest versions. Asked by sociologists about his views on the invasion of Ukraine in 2022, a Russian in his early 70s shifted the ...The Guardian - World -
These three things make this bullish Wall Street pro question whether stocks are still worth the risk
Being long U.S. stocks — especially large-cap U.S. stocks — has paid off for investors over the long term. But at least one stalwart bull is starting to question whether they are still worth it at current levels.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 -
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 -
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.The Wall Street Journal - World -
The U.S. ambassador to Russia visited Evan Gershkovich, the Wall Street Journal reporter being held in Moscow, as negotiations continue behind closed doors to secure his release.
The U.S. ambassador to Russia visited Evan Gershkovich, the Wall Street Journal reporter being held in Moscow, as negotiations continue behind closed doors to secure his release.The Wall Street Journal - World - Russia -
Israel retaliated against Iran's massive drone and missile attack on its territory, a move that threatens to send the countries deeper into an escalatory spiral that could lead to war.
Israel retaliated against Iran’s massive drone and missile attack on its territory, a move that threatens to send the countries deeper into an escalatory spiral that could lead to war.The Wall Street Journal - World