Wall Street Banks Prepare to Sell Billions of Dollars of X Loans

Is it risky to open a CD with an online bank? What experts say

Online banks may offer better rates, but there are some potential drawbacks to take into account, too.

CBS News - Feb. 11

Palestinians in West Bank fear being pushed out amid heightened violence

While the truce in Gaza holds, Israel is hitting Hamas in the West Bank, and Palestinians there are deeply concerned they, too, could be forced out. Chris Livesay has more.

CBS News - Feb. 11

UK banks to lobby Reeves on hiring top foreign talent

Chancellor’s meeting with financial services groups expected to focus on visas, regulation and tax

Financial Times - Feb. 12

Reeves was subject of expenses probe while bank executive, investigation finds

UK chancellor’s LinkedIn profile also changed after BBC says she spent five and a half years working at central bank

Financial Times - Feb. 13

Fitch flags ‘contagion growth’ threat as banks load up on private credit

Private credit has become an increasingly popular asset class, with investments from insurance carriers and pension funds to drive returns.

MarketWatch - 6d

Bank results poke a hole through UK economic clouds

Barclays and NatWest’s numbers suggest there are reasons to be optimistic

Financial Times - 6d

Buffett’s Berkshire Hathaway slashes stakes in Bank of America and Citi

Conglomerate steps up effort to cut its holdings in US lenders over recent months

Financial Times - 5d

Palestinian Displacement in the West Bank Is Highest Since 1967, Experts Say

The Israeli military launched a wide-scale operation last month against militants in several cities in the West Bank. Now, roughly 40,000 Palestinians have fled their homes — the highest since ...

The New York Times - 3d

Chase UK tops latest banking customer satisfaction survey

The US-owned bank beats Monzo and Starling in twice-yearly rankings for the first time

Financial Times - 3d

Deutsche Bank went on hiring spree while failing to deliver on costs

German lender has bulked up on back-office staff who do not generate revenue

Financial Times - 2d

Israel's West Bank crackdown triggers a wave of displacement unseen in decades

Tens of thousands of Palestinians have fled home following recent Israeli military operations across the northern West Bank

ABC News - 1d

'We are history.' Hood Historian serves as the memory bank for L.A.

Hood Historian's passion for sharing the history of Southern California through the lens of "a Black dude from the hood" has built a true community.

Los Angeles Times - 1d

British Business Bank told to refocus lending on priority sectors

Ministers want financial firepower targeted at areas highlighted in industrial strategy

Financial Times - 15h

How Far Will Trump Go? Tom Friedman Is Banking on the Law of Gravity.

The president wants to create a revolution abroad. This Opinion columnist would love to see a plan.

The New York Times - 39m

Snow, freezing rain pummel mid-Atlantic while California prepares for likely flooding

Snow, sleet and freezing rain are expected to continue pummeling the central Appalachians and mid-Atlantic states, while California readies for a storm that could flood areas ravaged by the recent ...

ABC News - Feb. 12

Athletics extend manager Mark Kotsay through 2028 as team prepares for Sacramento layover

The A's are tentatively set to open their new Las Vegas ballpark in 2028

CBS Sports - 3d

European Leaders Meet to Discuss Ukraine War as Trump Officials Prepare For Russia Peace Talks

The hastily called gathering was part of a flurry of diplomacy expected to center on Ukraine this week as Trump officials prepare to start talks with Russia on their own.

The New York Times - 2d

Najee Harris prepares to take four career 1,000-yard seasons to free agency

Running back Najee Harris entered the league in 2021 as a first-round pick of the Steelers.

Yahoo Sports - 2d

Villagers in southern Lebanon prepare to return home as Israeli army withdraws under ceasefire deal

Israeli forces have withdrawn from border villages in southern Lebanon under a deadline spelled out in a U.S.-brokered ceasefire agreement that ended the latest Israel-Hezbollah war

ABC News - 2d

China deal-making ramps up after years of decline as domestic companies prepare for Trump tariffs

China is starting to see a rebound in M&As as government stimulus measures start to bear fruit and pressure from Donald Trump's tariffs drive consolidation.

CNBC - 1d

Will your tax preparer save you money or make costly mistakes? Look for these red flags.

How to make sure you get what you pay for.

MarketWatch - 22h

Old photos show armoured vehicle transfer and border patrol, not 'Thai military preparing to enter Myanmar'

Yahoo News - 13h

Former Trump aide Steve Bannon pleads guilty in New York 'build the wall' case

Prosecutors had said Steve Bannon, who served briefly in the first Trump administration, swindled donors of a "build the wall" campaign.

CNBC - Feb. 11

Small Businesses Will Be Subjected to ‘the Fury of Debt Collectors’ for Covid Loans, According to Senate Dems

Proposed legislation could hurt struggling small businesses, Senator Ed Markey warns.

Inc. - Feb. 7

How EV makers in China are ramping up competition: No down payment and 5-year interest-free loans

Electric car companies in China welcomed the Year of the Snake with several incentives, after major automakers reported a drop in deliveries at the start of the year.

CNBC - Feb. 10

To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers

As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.

CNBC - Feb. 10

House Republicans could raise student loan bills to pay for Trump's tax cuts

As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.

NBC News - Feb. 10

$100,000 home equity loan vs. $100,000 cash-out refinance: Which is better right now?

Both have benefits, but for many homeowners, a $100,000 home equity loan could make more sense now. Here's why.

CBS News - Feb. 12

Debt consolidation loan vs. debt consolidation program: Which is better with inflation rising again?

Increasing inflation could have an impact on the type of debt consolidation it makes sense to pursue right now.

CBS News - Feb. 12

What dismantling the Department of Education could mean for colleges, student loans and college access

Efforts by the Trump administration to dismantle the Education Department are underway. Here's what it could mean for students.

CNBC - 6d

My daughter bought a $350,000 home and took out $20,000 in personal loans. She’s fallen behind on payments. What now?

“I can’t begin to tell you how down and stressed she is about possibly losing her home.”

MarketWatch - 6d

$50,000 home equity loan vs. $50,000 HELOC: 3 things to consider with inflation rising

Both home equity products have benefits worth exploring now that inflation is rising again. Here's what to consider.

CBS News - 5d

Anduril in talks to raise money at $28 billion valuation as defense-tech booms

Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.

CNBC - Feb. 7

Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts

House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."

ABC News - Feb. 7

Trump amends CBS '60 Minutes' lawsuit and demands $20 billion

President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.

Los Angeles Times - Feb. 8

Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers

President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.

The New York Times - Feb. 9

Wall Street Banks Prepare to Sell Billions of Dollars of X Loans

Topics