Western Alliance and First Republic Clobbered As Regional Bank Jitters Persist Despite Fed Backstops
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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 -
Republic of Ireland 0-0 Belgium (FT) - goalless draw after Ferguson misses penalty
Live text commentary of the international friendly between the Republic of Ireland and Belgium at the Aviva Stadium, Dublin.BBC News - Top stories -
Russia persists in blaming Ukraine for concert attack despite its denial and Islamic State's claim
Russian officials persist in saying Ukraine and the West had a role in last week’s deadly Moscow concert hall attack despite vehement denials of involvement by Kyiv and a claim of responsibility by an affiliate of the Islamic State groupABC News - World - Ukraine -
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 -
FirstFT: US and Japan plan upgrade to security alliance
Also in today’s newsletter, Moscow attack suspects appear in court and corporate insiders sell company sharesFinancial Times - World - Japan -
Ferguson misses penalty as Republic draw with Belgium
Evan Ferguson misses an early penalty for the Republic as they are held to a 0-0 draw by Belgium in a friendly at the Aviva Stadium.BBC News - Top stories -
Big Hotel Chains and Unbranded-Hotel Owners Forge Franchise Alliance
Financial necessity--driven by high interest rates--has slowed new hotel construction. Here's how chains are expanding with independent owners.Inc. - Business -
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 -
In Frigid Early Spring, Lining Up for a Rite of Summer in Western Massachusetts
Music lovers stood in the cold this week for a first crack at tickets to Tanglewood, a beloved outdoor venue where the Boston Symphony Orchestra plays all summer long.The New York Times - Top stories -
Russia has finally admitted Western sanctions are hitting its oil exports
Yahoo News - World - Russia -
Western Digital 4TB PS5 SSD Gets Rare, Massive Discount
Did Final Fantasy VII Rebirth fill up your PS5 storage? Or do you need a bit of extra space to install Dragon's Dogma 2? If you are really serious about future-proofing your PS5 storage capacity, check out the WD Black 4TB SN850X Internal SSD, ...GameSpot - Tech -
Caitlin Clark, Iowa forever: How crickets, persistence brought college basketball's brightest star back home
Would Clark have risen to this level of greatness had she not stayed in Iowa?CBS Sports - Sports -
Irish PM: Austria, Czech Republic resist EU push for Israel ceasefire
Yahoo News - World - European Union -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
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 -
Poland to demand explanation from Moscow after missile breaches its airspace during Ukraine attack
Russian missile was targeting Ukraine’s Lviv region while Kyiv suffers third pre-dawn attack in four days. Poland said it would demand an explanation from Moscow after a Russian missile briefly breached Polish airspace during a massive missile ...The Guardian - World - Ukraine -
NBA Western Conference All-In Index: What teams are most in trouble if they fall short in the playoffs?
Almost every team in the West is pushing to win right nowCBS Sports - Sports - NBA -
Three reasons Rockets can catch Warriors in Western Conference play-in race, and three reasons they won't
Houston has nearly overcome a seven-game lead in the past monthCBS Sports - Sports -
The Fed should resist messing with success
If the economy is doing well with the current level of interest rates, why lower them?Financial Times - 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 -
Russia's new river patrol force will likely have the same explosive problem battering its Black Sea Fleet, Western intel says
Yahoo News - World - Russia -
Top seed UConn steamrolls into Sweet 16 with 75-58 rout of Northwestern in East Region
Donovan Clingan, Tristen Newton and top overall seed UConn overwhelmed an undermanned Northwestern team 75-58 to sail into the Sweet 16 of the NCAA TournamentABC News - Sports -
To make water last year-round, Kenyans in dry regions are building sand dams on seasonal rivers
In drought-prone southeastern Kenya, residents are constructing structures along seasonal rivers to harvest water during rainy seasons for use during dry seasonsABC News - World -
Aluminum company says preferred site for new smelter is a region of Kentucky hit hard by job losses
Gov. Andy Beshear says an aluminum company has singled out northeastern Kentucky as its preferred site for a new aluminum smelterABC News - Top stories -
March Madness 2024: Ranking all Sweet 16 games as NCAA Tournament rolls on to regional semifinals
Here is the breakdown of which games are going to be the best in Thursday and Friday's regional semifinalsCBS Sports - Sports -
In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.The New York Times - Business - Federal Reserve -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
Feds offer reward after UnitedHealthcare hack
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story State Department offers bounty for hack information The State Department said it would provide a $10 million reward for information about the ...The Hill - Politics -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
As Gaza is destroyed, Israel is killing dozens of children in the West Bank
A 12-year-old Palestinian boy was shot while lighting a firework. ‘Cases like these happen quite regularly, but no one’s hearing about them,’ according to the Israeli rights group B’Tselem. “The depth of the horror surpasses our ability to ...The Guardian - World - Israel -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom