Regulators close Philadelphia based Republic First Bank, first US bank failure this year
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ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Dow closes above 40,000 for first time, notching new milestone
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.CBS News - Top stories -
US PGA Championship 2024: first round – live
Day one updates from Valhalla, the second major of yearLive scoreboard | And feel free to drop Matt an emailTiger’s tee shot at the par-three 11th is long and to the right. He can’t get anywhere close with his wedge out of the thick cabbage, and ...The Guardian - World -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
US confirms first aid trucks arrive via Gaza pier
It marks the opening of a new route for humanitarian aid to reach the stricken Gaza Strip.BBC News - Top stories -
What a Spanish bank mega-deal means for TSB
After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lenderFinancial Times - Business -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
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When to Treat Your 401(k) as a Bank. And When to Keep It Locked Up.
Higher interest rates make retirement-plan loans more attractive, but there are risks.The Wall Street Journal - World -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
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America's first Black astronaut candidate finally goes to space 60 years later on Bezos rocket
America's first Black astronaut candidate has finally made it to space 60 years later, flying with Jeff Bezos’ rocket companyABC News - Tech -
Blue Origin launches first Black astronaut candidate 60 years after rejection
Ed Dwight trained to become the first African American astronaut but was never asked to join NASA. He finally flew into space on Sunday.CBS News - Top stories -
US military says the first truckloads of aid have been driven across a newly built US pier into the war-torn Gaza Strip
US military says the first truckloads of aid have been driven across a newly built US pier into the war-torn Gaza StripABC News - World -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Why The Mirage is closing after 34 years
The Mirage Hotel and Casino is closing on the Las Vegas Strip after it was acquired by Hard Rock in 2022.ABC News - Top stories -
Dow passes 40,000 for first time
The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 ...The Hill - Politics -
‘You’re emptying my emotional bank account’: why is business jargon seeping into our relationships?
Some couples relish new ways to discuss their feelings by using the language of the workplace. For others it’s alienating. The language of relationships seems to have donned a blazer recently – or at least a fleece vest.. If you’re single and ...The Guardian - World -
New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
Islamic Jihad leader killed in West Bank and 70 targets hit in Gaza, says Israel
IDF says ‘senior terrorist operative’ Islam Khamayseh was killed in strike on the city of Jenin. Israel says its jets have struck 70 targets across Gaza in the past 24 hours, while an airstrike in Jenin killed a “significant” Islamic Jihad figure ...The Guardian - World - Israel -
Francis Ford Coppola: US politics is at ‘the point where we might lose our republic’
Speaking at Cannes, the director says Megalopolis, his reworking of ancient Rome’s Catiline conspiracy, has become ever more prescient. Megalopolis review – Coppola’s passion project is megabloated and megaboring. The US, whose founders tried to ...The Guardian - World -
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.CBS News - Top stories -
New call for first responders to carry blood on ambulances
A group of former military trauma surgeons, nurses and paramedics are calling for first responders to carry blood on rescue vehicles. Doctors say tens of thousands of lives could be saved. NBC News' Cynthia McFadden reports.NBC News - Top stories -
He Brought Two Toothbrush Kits on Their First Date
Bryan Braswell knew crab curry could get a little messy on his first date with Caroline White at a Sri Lankan restaurant. So he came prepared.The New York Times - Lifestyle -
Romney says he laughs at term 'America first'
Sen. Mitt Romney (R-Utah) said that he laughs at the term “America first,” an increasingly common phrase heard in the Republican Party regarding U.S. foreign policy that he finds “disorienting.” Romney said during an interview with MSNBC’s “The ...The Hill - Politics -
Ferrari's Leclerc fastest in Imola first practice
Ferrari’s Charles Leclerc is fastest at the end of an incident-packed first practice session at the Emilia Romagna Grand Prix.BBC News - Top stories -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
Joan Vassos Is Announced as First ‘Golden Bachelorette’
ABC introduced a new season of the spinoff, after the ratings success of “The Golden Bachelor.”The New York Times - Lifestyle -
First Apprentice wedding 'like an Alan Sugar task'
Akshay Thakrar and Harpreet Kaur put their business skills to use as they plan the week-long party.BBC News - Top stories -
Readers reply: what was humanity’s first word?
The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical concepts. What was the first word that humanity uttered? There must have been one … ...The Guardian - World -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World