Central banks announce new liquidity measures to ease banking crisis
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Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Ashanti and Nelly Announce Their Engagement and a New Baby
More than two decades after they first met, the R&B singer announced her pregnancy and engagement to the rapper. Fans rejoiced.The New York Times - Lifestyle -
Ashanti and Nelly Announce Their Engagement and a New Baby
More than two decades after they first met, the R&B singer announced her pregnancy and engagement to the rapper. Fans rejoiced.The New York Times - Lifestyle -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Deutsche Bank expects fewer U.S. commercial real estate provisions in second half
Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Frankie Capan III shoots 58, breaks Scottie Scheffler's record at Veritex Bank Championship on Korn Ferry Tour
Capan had the chance to go even lower at Texas Rangers Golf Club on ThursdayCBS Sports - Sports -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Review: 'The Feeling That the Time for Doing Something Has Passed' announces an exciting new voice
Much is just out of reach in Joanna Arnow’s shrewdly perceptive and very funny new film, “The Feeling That the Time for Doing Something Has Passed.”ABC News - Entertainment -
Jean-Philippe Mateta doubles up as Crystal Palace ease past Newcastle
It’s a question most Crystal Palace supporters and perhaps Roy Hodgson must be wondering - what would this season have been like if Eberechi Eze and Michael Olise not spent so much of it on the treatment table?. A third successive victory for ...The Guardian - World -
Inside the Crisis at NPR
Listeners are tuning out. Sponsorship revenue has dipped. A diversity push has generated internal turmoil. Can America’s public radio network turn things around?The New York Times - Business -
TikTok ban measure signed by Biden. Here's what could happen next.
President Biden signed a foreign aid package into law that includes a potential ban on TikTok in the U.S. Here's what experts say could happen next.CBS News - Politics - Tiktok -
Horses Run Loose Through Central London in Surreal Spectacle
A number of runaway army horses galloped through London on Wednesday morning, causing alarm and injuring pedestrians. All of the animals were eventually recovered.The New York Times - World -
Chef José Andrés says aid workers killed by Israeli airstrikes represented the 'best of humanity'
The founder of World Central Kitchen says the seven aid workers killed by Israeli airstrikes represented the “best of humanity.”ABC News - Top stories - Israel -
José Andrés Eulogizes 7 World Central Kitchen Workers Killed in Gaza
The chef voiced “regret, sorrow and anger” at a Washington memorial for the workers slain while delivering food for his World Central Kitchen.The New York Times - Top stories -
Arizona House votes to repeal 1864 abortion law, measure now heads to the state Senate
Earlier this month, the Arizona Supreme Court ruled that the highly-restrictive 160-year-old law that bans nearly all abortions can be enforced.CBS News - Politics - Abortion -
Hybrid Work Demands a Refresh. Here's How Our Own Office Design Measures Up
To befit its hybrid model, Inc.'s parent company, Mansueto Ventures, has incorporated focus rooms, new technologies, and more into its refreshed office space. Here's what experts say about these changes.Inc. - Business -
USDA announces changes to school meals: What to know
School meals will get a makeover thanks to the new rules from the USDA.ABC News - Top stories -
Schools across U.S. announce teacher layoffs
American schools are facing layoffs as enrollment falls and pandemic-era aid dries up. CBS News reporter Bo Erickson has the details.CBS News - Top stories -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
Putin announces plans to visit China in May
Russian President Vladimir Putin said he plans to visit China in May, in what could become the first foreign trip for the Russian leader after he extended his rule by six more years in an election that offered voters little real choiceABC News - World - China -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Politics - Israel