Top Fed Official Sees Surge in Private Credit As Potential Vulnerability
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U.S. officials privately warned telecommunications companies that undersea cables that carry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.
U.S. officials privately warned telecommunications companies that undersea cables that carry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.The Wall Street Journal - World -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Meghan Markle Recognized Herself in Young Girls She Visited in Nigeria: ‘I See the Potential’
Yahoo News - World -
Russia launched a satellite into space in February 2022 that is designed to test components for a potential antisatellite weapon that would carry a nuclear device, U.S. officials said.
Russia launched a satellite into space in February 2022 that is designed to test components for a potential antisatellite weapon that would carry a nuclear device, U.S. officials said.The Wall Street Journal - World - Russia -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
How are universal credit rules changing?
People claiming universal credit and working under 18 hours a week will have to look for more work.BBC News - Top stories -
Alexa, Siri, Google Assistant vulnerable to malicious commands, study reveals
Amazon researchers uncover alarming vulnerabilities in speech AI models, revealing 90% susceptibility to adversarial attacks and raising concerns over potential misuse.VentureBeat - Tech - Google -
U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships
U.S. officials are warning telecommunications companies that undersea cables that ferry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.The Wall Street Journal - World -
Cindy Chao Credits Her Success to Perseverance
The jewelry brand is turning 20, boosted by expanding its focus increasingly toward Asian clients.The New York Times - Lifestyle -
Tyson Fury on potential rematch with Usyk and his future
Fury speaks at his post fight press conference after suffering a loss to Usyk.BBC News - Top stories - Boxing -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
Anchovies behind surge of sea lions in San Francisco
San Francisco's famed Fisherman's Wharf is seeing an unusually large number sea lions that local officials say is the largest herd of the sea mammals the area has seen in 15 years. The massive herd is snacking on an overabundance of anchovies. ...CBS News - Top stories - San Francisco -
Now everyone hates private equity I’ll buy some
And I’ve found a way to do it that avoids the insane feesFinancial Times - World -
Private tour inside St. Peter's Basilica in Vatican City
Join Norah O'Donnell for a rare, private tour inside St. Peter's Basilica in Vatican City, the largest church in the world. Watch Sunday's 60 Minutes for a wide-ranging conversation with Pope Francis and tune in Monday, May 20, for a Primetime ...CBS News - Top stories -
European private equity groups forced to keep assets longer
Some firms are struggling to exit investments made when the industry boomed while interest rates were lowFinancial Times - Business -
What private equity ownership could look like in the NFL
A move to allow private equity firms to invest in NFL teams would represent a large shift in how the league has historically operated.ESPN - Sports - NFL -
Too Many Credit Cards? Here's How Visa Plans to Change That
The credit card company plans numerous technological innovationsthat will widen payment options and reduce the number of cards people carry in their wallets.Inc. - Business -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Fed’s Powell tests positive for COVID-19 for second time
Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.MarketWatch - Business -
Shoppers are taking on credit-card debt to buy groceries. That’s ‘a canary in a coal mine.’
As grocery prices rise, one in four adults who pay for food with credit cards are carrying debt.MarketWatch - Business -
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the "Seinfeld" character George Costanza.CNBC - Business - New York -
Chinese Shares Gain on Positive Sentiment
Chinese shares were higher amid positive sentiment following Beijing’s stimulus measures to boost the property sector.The Wall Street Journal - World -
Gold Edges Higher Amid Haven Demand, Fed Cut Hopes
Gold edged up in early Asian trade amid haven demand and Fed rate-cut hopes.The Wall Street Journal - World - Federal Reserve -
Potential new drug for menopause shows promise, study shows
In clinical trials, a new drug showed promising results in controlling hot flashes associated with menopause and in improving sleep and overall quality of life. Some who took part in trials of the drug reported life-changing results. NBC News' ...NBC News - Top stories -
WWF Pakistan: Industry backing needed to unlock regenerative agriculture potential
Yahoo News - World -
Knicks or Pacers? Scouting Celtics' potential East Finals opponents
Who's a better matchup for the Celtics in the Eastern Conference Finals? Chris Forsberg breaks down the Knicks and Pacers as Boston awaits its opponent.Yahoo Sports - Sports -
Indianapolis 500 qualifications include incredible drama, tremendous pressure and potential heartbreak
Marcus Ericsson, the 2022 Indy 500 winner, and Graham Rahal are in jeopardy of missing this year’s race.Yahoo Sports - Sports -
U.S. and Saudi Arabia near potentially historic security deal
United States National Security Advisor Jake Sullivan met with Crown Prince Mohammad bin Salam on Saturday to discuss a potentially historic bilateral agreement between the two nations.CBS News - World -
Scientists make potential breast cancer breakthrough after preserving tissue in gel
Ability to preserve tissue in a special gel solution for at least a week will help doctors identify most effective drug treatments. Scientists say they have a made a potentially “gamechanging” breakthrough in breast cancer research after ...The Guardian - World -
USD/SGD Steady, Underpinned by Potential Safe-Haven Demand
USD/SGD was steady during the Asian session, backed by potential safe-haven demand.The Wall Street Journal - World -
Pillowcase Murders | Paramount+ Official Trailer
This new P+ Original true crime docuseries exposes one of the most prolific serial killers you've never heard of, Billy Chemirmir, who operated undetected for nearly two years by exploiting a culture that ignores, exploits and dismisses our aging ...CBS News - Top stories -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
New Covid variants stoke fears of a summer surge in cases
So-called FLiRT strains set to test effectiveness of vaccines against latest mutationsFinancial Times - Business - Covid -
Taiwan's new president Lai calls on China to 'stop threatening' the island
William Lai faces an aggressive Beijing, a divided parliament and a disgruntled youth in his first term.BBC News - Top stories - China