Latest in Ethiopia opens banking sector to foreign investment
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CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
The Consumer Financial Protection Bureau accused the bank of intentionally terminating calls and mishandling fraud complaints.CNBC - Dec. 6 -
Why do central banks buy gold? Experts weigh in
Knowing the main reasons why central banks buy gold could help inform your approach to gold investing.CBS News - Dec. 6 -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - Dec. 6 -
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdensFinancial Times - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
At Fox News ceremony, Trump boasts about recent conversations with foreign leaders
After receiving Fox News' Patriot of the Year Award Thursday night, President-elect Donald Trump spoke about recent conversations with the leaders of Canada and Mexico.ABC News - Dec. 6 -
How Trump Targeted Undecided Voters Without Breaking the Bank
The Trump team had a huge financial disadvantage. It made up for it with a strategy that allowed it to narrow the focus of its ad dollars.The New York Times - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - Dec. 5 -
9 Best MagSafe Power Banks for iPhones (2024), Tested and Reviewed
Keep your iPhone topped up with one of these WIRED-tested MagSafe portable chargers.Wired - Dec. 5 -
The Civil War in Ethiopia That Never Really Ended
A rare look inside a region still reckoning with the toll of war crimes, even as new conflicts roil the nation.The New York Times - Dec. 5 -
Safran warns of Trump tariff hit to aerospace sector
French jet-engine maker sets ‘exceptionally conservative’ forecastsFinancial Times - Dec. 5 -
Trump Business Plans Ethics Policy Without Banning Foreign Deals
The family business of President-elect Donald J. Trump is expected to announce some restrictions on transactions but is not likely to accept as many limitations as it did eight years ago.The New York Times - Dec. 5 -
Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
Tapped by Trudeau to Steer Foreign Affairs, She’s Now His Possible Successor
Mélanie Joly, Canada’s top diplomat, has already faced off against India and China, with Donald Trump up next. She’s also considered a top contender to replace Justin Trudeau.The New York Times - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
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Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds
AI boom will enrich giant tech companies but creators’ rights and income will be drastically reduced unless policymakers intervene, report warns. Follow our Australia news live blog for latest ...The Guardian - Dec. 4 -
13 women convicted in Cambodia of acting as pregnancy surrogates for foreigners
Thirteen women from the Philippines have been convicted on human trafficking-related charges for acting as surrogates in Cambodia for a ring selling babies to foreigners for cashABC News - Dec. 3 -
13 women convicted in Cambodia of acting as surrogates for foreign clients
Thirteen women from the Philippines have been convicted on human trafficking-related charges for acting as surrogates in Cambodia for a ring selling babies to foreigners for cashABC News - Dec. 3 -
What we know about Trump's plans on foreign policy, tariffs
Tariffs for countries sending goods to the U.S. still appear to be part of President-elect Donald Trump's plans for his second term in the White House. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - Dec. 3 -
Biden’s vexed foreign policy legacy leaves hard choices ahead
Thanks to Biden’s actions (or inaction), the incoming Trump administration faces difficult policy choices on the Ukraine war and China’s aggressive expansionism in Asia, as well as containing the ...The Hill - Dec. 3 -
FTC Opens Microsoft Antitrust Inquiry
It will fall to the incoming Trump administration to pursue or drop the investigation.Inc. - Dec. 3 -
Boeing’s volatile bonds could outshine the defense sector next year
Boeing Co. was named a “best idea” by the U.S. investment-grade team at CreditSights on Tuesday, on expectations the troubled aerospace company can stabilize its ratings and provide a path to ...MarketWatch - Dec. 3 -
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Sovereign investment dispute resolution is broken
(for everyone except the lawyers, naturally)Financial Times - Dec. 3 -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Universities enrolling foreign students with poor English, BBC finds
Institutions may be overlooking inadequate language skills to receive high fees from overseas students.BBC News - Dec. 3 -
UK chemicals sector doubts Starmer ‘reset’ will end Brexit blues
Businesses say regulatory and customs frictions will barely be eased if Labour government sticks to red lines on EUFinancial Times - Dec. 3 -
Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector
Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%MarketWatch - Dec. 3 -
Wisconsin Judge Strikes Down Limits on Public Sector Unions
The 2011 law stripped most government workers in the state of collective bargaining rights and set off protests that lasted weeks.The New York Times - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2
