Us Regional Banks Deposit Insurance Move Would Soften Lending Crunch
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S&P issues negative outlook on five U.S. regional banks due to risky office space exposure
Higher office space vacancies trigger rise in criticized and modified loans, as a maturity wall loomsMarketWatch - Business -
Ex-FDIC Chair Sheila Bair says it’s wrong for regulators to ‘discourage’ regional bank mergers
The U.S. banking system may become more of a barbell made up of the biggest and smallest banks if more regional banks go away: BairMarketWatch - Business -
3 pet insurance moves owners should make this spring
Pet insurance can offer protection for pets and their owners. Here are three moves owners should make this season.CBS News - Top stories -
Insurance loss for US bridge collapse could hit $3bn
It could cost insurance companies $1.2bn for the bridge damages and millions more for the six deaths.BBC News - Top stories -
Ontario moves to allow use of Indigenous languages in legislature
‘Momentous change’ will permit lawmakers in Canadian province to address chamber in ‘first languages’. Lawmakers in Ontario will now be able to address the province’s legislature using Indigenous languages, in a “momentous change” that belatedly ...The Guardian - World -
Jerry Jones 'hated' to move on from Tyron Smith, says star LT hitting on incentives would wreck Cowboys cap
Jones felt the Cowboys couldn't afford to match the Jets' offer for the eight-time Pro BowlerCBS Sports - Sports -
Fortune Favors Early Movers in America's Property Crunch
Investors who are willing to buy buildings when everyone else is running scared typically get the biggest rewards.The Wall Street Journal - World -
First-time buyers targeted with £5,000 deposit mortgage
Scheme aims to get buyers lacking large deposits on the property ladderFinancial Times - Business -
Duke of Westminster’s property group launches £900mn lending arm
Grosvenor seeks to diversify away from London estate as investors rush into private debt businessFinancial Times - Business -
NFL Draft rumors: Team execs think Commanders may take J.J. McCarthy No. 2; how move would shake up Round 1
Are we in for a surprise at No. 2 overall?CBS Sports - Sports - NFL -
Attorneys try to stop DeSantis appointees from giving depositions in Disney lawsuit
Attorneys for the Walt Disney World governing district taken over last year by Gov. Ron DeSantis’ supporters don’t want the governor’s appointees answering questions under oath as part of a lawsuit against DisneyABC News - Entertainment -
Wales fans nervy ahead of crunch Poland Euro tie
Both Wales and Poland fans are gathering in central Cardiff and expect a win for their teams.BBC News - Top stories -
Labour crunch forces Croatia to open doors to Asian workforce
Yahoo News - World -
Putin says radical Islamists carried out Moscow concert hall attack but doubles down on blaming Ukraine – live
Russian president says Moscow wants to know ‘who benefits’ from Islamic State attack that killed more than 130 people. Dmitry Medvedev, Russia’s former president and prime minister, discussed the suspects charged over the terrorist attack on the ...The Guardian - World - Ukraine -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Judge imposes gag order on Trump in hush-money trial – live
Judge in Trump’s hush-money criminal case imposes gag order to forbid him from attacking witnesses, prosecutors or jurors. The conservative justice Samuel Alito also asked about the role of the Comstock Act, a 19th-century anti-obscenity law that ...The Guardian - World - Donald Trump -
Can my landlord put up my rent, keep my deposit or evict me?
UK renters have seen increases of 10% and two million are behind or struggling to pay.BBC News - Top stories -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Poland activates aircraft after Russian missile incursion during wave of attacks on Ukraine
A Russian long-range cruise missile heading for western Ukraine briefly entered Polish territory overnight.NBC News - Top stories - Ukraine -
Thousands celebrate Palm Sunday in Jerusalem amid war in region
Thousands of Christians celebrated Palm Sunday in Jerusalem, kicking off the first day of Holy Week while the war between Israel and the Palestinian militant group Hamas persists in the region. Swarms of the faithful attended the traditional ...The Hill - Politics -
Climate change endangers 70 percent of world's wine regions: Study
Rising global temperatures could decimate global wine production over the new few decades, according to a study published Tuesday in the science journal Nature. Researchers estimated that as much as 70 percent of the world’s suitable regions for ...The Hill - Politics - Climate -
90% of some of the world's wine regions could disappear, study finds
Climate change means wine could soon have a higher alcohol content — but spoil faster and smell worse.CBS News - World -
National Plan to Look Into Homeowners Insurers Hits a Hurdle
Roughly two weeks after state regulators said they were collecting details on insurers’ homeowners businesses, key states may opt out, undermining the effort.The New York Times - Business -
Is private equity’s bet on life insurance turning sour?
Setbacks for European PE-backed insurers fuel warnings over ownership shiftFinancial Times - Business -
Why auto insurance rates are skyrocketing in the U.S.
The average annual premium for full coverage auto insurance in the U.S. rose 26% from 2023 to 2024, according to Bankrate.CNBC - Business -
How much is full coverage pet insurance?
Wondering how much a full coverage pet insurance policy will cost you? Find out more here.CBS News - Top stories -
Insurers Report Rising Hail Damage Claims
Inflation is driving up the cost of materials and labor to repair roofs and cars. Adding to insurers’ costs is increased development in areas affected by severe storms.The New York Times - Business -
How life insurance can evolve into retirement income
Life insurance isn't just financial protection for your family; it can also protect you in retirement. Here's how.CBS News - Top stories -
Wegovy will be covered by some insurers, but not for weight loss: report
Some large health insurers in the U.S. will start covering Wegovy, which has become a popular anti-obesity drug — but not for those using it to lose weight, according to a report in The Wall Street Journal.MarketWatch - Business -
How Artificial Intelligence is Transforming the Insurance Industry
AI can streamline manual processes and reduce bias in decision-making.Inc. - Business -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Beware of 'bank jugging' this tax season, police warn
Police are warning the public about "bank jugging" this tax season.The Hill - Politics -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.The Wall Street Journal - World - China -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
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 -
China’s property turmoil hits midsized bank Everbright
Regional lender’s shares fall after profits miss estimates due to investment losses and increase in cash set aside for bad debtsFinancial Times - World - China -
Nikkei Rises 0.5%, Led by Machinery, Real-Estate Stocks
Japanese stocks ended higher, led by machinery and real-estate stocks, after signs of U.S. economic strength and selloffs related to the ex-dividend date on Thursday.The Wall Street Journal - World -
Is Ukraine aid finally moving?
Bold steps in the next several months could equip Ukraine to make major gains in a 2025 offensive. Only major Ukrainian gains on the battlefield can persuade Moscow to back off its current objective of establishing political control in Ukraine.The Hill - Politics - Ukraine