Treasury Warns of Risks to Financial Sector in Cloud Computing Services
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Financial Services Roundup: Market Talk
Find insights on muni-bond ETFs, fixed-income ETFs, U.S. municipal bonds, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Financial services counting on AI for a productivity boost
AI set to take on customer help, pricing and transaction monitoring — leaving some workers to find alternative rolesFinancial Times - World -
'Gray divorce' has doubled since the '90s — and the financial risk is high for women
Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.CNBC - Business -
BoE warns of risks to UK businesses from private equity bubble
Officials escalate warnings about leverage, transparency and valuationsFinancial Times - World - United Kingdom -
Millions of older adults with student debt are at risk of losing some Social Security benefits, lawmakers warn
Millions of older adults behind on their student loans could soon receive a smaller Social Security benefit.CNBC - Business -
UK pension rules risk ‘finishing off’ remaining defined-benefit plans, MPs warn
Commons committee calls on government and regulator to change tack over where retirement schemes can investFinancial Times - Business - United Kingdom -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
Trump’s Financial Squeeze
How the former president’s legal troubles might affect his campaign.The New York Times - Top stories - Donald Trump -
Exclusive: Snowflake teams up with Reka to add multimodal LLMs to data cloud
Snowflake participated in Reka’s $60 million round of funding last year, but it did not confirm if it is increasing its investment with this partnership.VentureBeat - Tech -
An America at Risk
Biden and Trump know the details of the nation’s security threat. Does either have a plan to meet it?The Wall Street Journal - World -
Using Computers Strongly Linked to Erectile Dysfunction
Yahoo News - World -
Biden campaign tests waters on Trump’s financial woes
President Biden’s reelection campaign has grown more aggressive in its mocking of former President Trump’s financial situation, even in light of millions of dollars in legal penalties Trump owes. Biden’s team took no mercy on Trump last week when ...The Hill - Politics - Joe Biden -
Discover Financial CEO Michael Rhodes Resigns
Discover said Michael Rhodes is resigning as CEO and president of the company, shortly after taking over both positions. Rhodes has been tapped as CEO of Ally Financial.The Wall Street Journal - World -
Apple SUED over alleged iPhone monopoly in the U.S., accused of ‘suppressing’ alternative messaging apps, smartwatches, cloud games
The suit highlights Apple's suppression of third-party smartwatches, messaging apps, cloud games, and digital wallets as examples.VentureBeat - Tech - Apple -
Observe raises $115M from Sutter Hill, Snowflake Ventures to supercharge data cloud observability
Snowflake, which has seen Observe evolve closely for years, plans to tap the startup’s observability capabilities.VentureBeat - Tech -
Palworld maker Pocketpair teams up with Tencent Cloud so you don’t have to wait for multiplayer servers
Palworld creator Pocketpair just teamed up with Tencent, the world's biggest game company on cloud technology.VentureBeat - Tech -
The Morning Risk Report
KuCoin and its founders face criminal charges over money-laundering biolations, and more Chinese companies to be added to U.S. Import Ban List. Also, the former Mongolian prime minister’s luxury Manhattan apartments are targeted by U.S.The Wall Street Journal - World -
The $27 Trillion Treasury Market Is Only Getting Bigger
More debt, different buyers and increased regulation pose challenges.The Wall Street Journal - World -
Eurozone Bond Yields Drift Lower, Liquidity Seen Light Ahead of Easter
Eurozone government bond yields were slightly lower in early trading, with investors awaiting fresh drivers in a week when market liquidity is likely to be light ahead of the Easter holidays.The Wall Street Journal - World -
Treasury staff worked at bank linked to China state
The Treasury says the secondment scheme deepens ties with Asia and boosts British business.BBC News - Top stories - China -
USD/SGD Steady, Underpinned by Higher Treasury Yields
USD/SGD was steady in the Asian afternoon session, underpinned by higher Treasury yields that increase the allure of U.S. fixed-income assets and demand for the greenback.The Wall Street Journal - World -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
China’s solar billionaire feels the heat as sector faces upheaval
Longi founder Li Zhenguo is laying off thousands of staff in an industry grappling with oversupplyFinancial Times - Business - China -
UK mobile merger must ring in changes for troubled sector
Fierce competition has hammered the market’s economicsFinancial Times - World - United Kingdom -
This was a hot and promising sector for 2024. That’s over, says one strategist. For now.
Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.MarketWatch - Business -
Wars in Ukraine and Middle East boost orders at German defence supplier
Tank-parts maker Renk’s share price has almost doubled since its listing in FebruaryFinancial Times - World - Ukraine -
Judge in Spain orders Telegram messaging service to be blocked
Yahoo News - World -
Court lifts block on Telegram message service in Spain
Yahoo News - World -
Japan's corporate service inflation steady in February
Yahoo News - World - Japan -
Leaked emails reveal child gender service concerns
BBC News has seen emails from senior NHS bosses saying some patients could be at risk.BBC News - Top stories -
King will attend Easter church service at Windsor
The King and Queen will be at the Easter service, says Buckingham Palace. But Kate will not attend.BBC News - Top stories -
The New Hotel Essential: Easy Take-Out Food
There have never been more options for meal delivery to your room—or other parts of the hotel.The Wall Street Journal - World -
Remembering Joe Lieberman's legacy of public service
Former Connecticut senator and vice presidential nominee Joe Lieberman has died at the age of 82. His family says he died from complications after suffering a fall. CBS News chief Washington correspondent Major Garrett joins to discuss Lieberman's ...CBS News - Top stories -
China blocks use of Intel and AMD chips in government computers
Microsoft’s Windows and foreign database programs also sidelined as Beijing favours Chinese hardware and softwareFinancial Times - World - China -
China's new guidelines block Intel and AMD chips in government computers: FT
Government agencies above the township level to purchase "safe and reliable" processors and operating systems.CNBC - Business - China -
How the U.S. is faring against China in computer chip race
The global competition to secure access to semiconductors is perhaps the most vital competition of all the battles for resources on the planet. Economic historian Chris Miller joins CBS News to discuss how lawmakers are addressing the challenge ...CBS News - Top stories - China -
The best computer speakers for 2024 deliver crisp sound with booming bass
Upgrade your home computer setup with speakers that complement your music, games, and even video meetings.CBS News - Top stories -
Internet Computer blockchain has raised $77M | Dfinity Foundation
The Internet Computer Protocol is an ambitious blockchain project aimed at creating a world computer, and according to a new report from the shepherding nonprofit Dfinity Foundation, it has raised more than $77 million to date. The Internet ...VentureBeat - Tech -
Leicester to sue Premier League and EFL as financial chaos takes remarkable twist
Leicester City have taken the remarkable step of launching legal action against the Premier League and Football League after vowing to “fight” the threat of heavy sanctions.Yahoo Sports - Sports - Premier League -
My plan to protect Americans’ financial privacy in a digital economy
The United States’ leadership in the global economy will continue to be driven by our core values of privacy, individual sovereignty and free market competitiveness that instill confidence in our economy and system of governance. Abandoning these ...The Hill - Politics