The Fed: No sign of a credit crunch: Banks lend more money and deposits rise, too
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Issa Amro’s Nonviolent Resistance in the West Bank
Issa Amro, who has been arrested and beaten for simple acts of defiance, is trying to pursue nonviolent resistance in the West Bank at a time when violence has become inescapable.The New York Times - Top stories -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
Why Red Lobster's 'Endless Shrimp' Is Too Much of a Good Thing
Red Lobster is in trouble. After it filed $11 million in third-quarter operating losses, the seafood chain’s parent company has announced it will sell its majority stake. WSJ explains what went wrong.The Wall Street Journal - World -
Chuck Todd: The race to build a better internet — before it's too late
One of the worst attributes of our society at times is the search for someone to blame.NBC News - Politics -
Chuck Todd: The race to build a better internet — before it's too late
One of the worst attributes of our society at times is the search for someone to blame.NBC News - Top stories -
Too big to care: It is time for a Glass-Steagall Act for healthcare
Accountability, almost always in short supply in American life, is desperately needed.The Hill - Politics -
Too Many Houseplants? Yes, It's Possible. How to Declutter and Display Them With Style
A passion for indoor greenery can easily leave you with a messy plant collection smushed along a windowsill. How to artfully tame the jungle.The Wall Street Journal - World -
How to Shake a Cocktail Like a Pro (and Spare Yourself Shoulder Pain, Too)
For better mixed and chilled cocktails, do more than a quick up-and-down. Adopt this smooth bartender move that’s easier on the joints and less likely to make a mess.The Wall Street Journal - World -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - World -
3 savings moves to make with inflation still rising
Inflation is on the rise, but that may be good news for savers. Here are three savvy savings moves to make now.CBS News - Top stories -
The WSJ Dollar Index Rises 1.81% This Month to 100.81
The dollar firmed across the board on the session and posted its best monthly performance since January.The Wall Street Journal - World -
New Zealand's Jobless Rate Rises Sharply
New Zealand’s unemployment rate jumped sharply in the first three months of this year as the economy slumbered in an extended recession and high interest rates battered household budgets.The Wall Street Journal - World - New Zealand -
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.The Wall Street Journal - World -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.The Wall Street Journal - Business -
Death toll rises to 48 in China highway collapse
The death toll climbed to 48 on Thursday as search efforts continued in southeastern China after a highway section collapsed in a mountainous area.NBC News - Top stories - China -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
Binance founder sentenced to four months for money laundering
Changpeng Zhao pleaded guilty and stepped down as CEO of the crypto trading company last year. Changpeng Zhao, the former head of the world’s largest cryptocurrency trading company, was sentenced to four months in jail on Tuesday in a Seattle ...The Guardian - World -
Sources: Ohtani money went to bookie via casino
The payments Ippei Mizuhara sent from Shohei Ohtani's bank account to a bookmaking operation were forwarded to casinos, where the money was deposited in gambling accounts, converted to chips and cashed out to pay the bookie, multiple sources told ...ESPN - Sports -
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Trump held in contempt as "hush money" trial continues
Former President Trump was held in contempt and threatened with jail time for violating the gag order in his criminal "hush money" trial. Tuesday's proceedings also heard testimony from Stormy Daniels' former lawyer. Jericka Duncan reports.CBS News - Top stories - Donald Trump -
Chinese women are teaming up with strangers to save money
They are finding new ways to cut back on household spending as China’s economy loses steam.BBC News - Top stories - China -
Trump held in contempt as "hush money" trial continues
Former President Trump was held in contempt and threatened with jail time for violating the gag order in his criminal "hush money" trial. Tuesday's proceedings also heard testimony from Stormy Daniels' former lawyer. Jericka Duncan reports.CBS News - Politics - Donald Trump -
Testimony ends for the day in Trump hush money trial
The prosecution continued to question the ex-publisher of the National Enquirer David Pecker as Donald Trump sat in a New York courtroom Thursday for his criminal hush money trial.CNN - Top stories - Donald Trump -
Olympic prize money will divide athletes - Redgrave
Five-time Olympic champion Sir Steve Redgrave has warned paying prize money to athletics gold medallists at Paris 2024 will divide athletes.BBC News - Top stories -
Australia's Manufacturing PMI Shows Signs of Recovery
Activity across Australia’s manufacturing sector improved strongly in April but it is too soon to call an end to a cyclical downswing in the sector seen over the last year.The Wall Street Journal - World - Australia -
Dropbox Reports Cyberattack on Dropbox Sign Product
Dropbox said Wednesday that certain user data had been accessed in a cyber breach in its Dropbox Sign product.The Wall Street Journal - World -
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DeSantis signs bill banning lab-grown meat
Florida Gov. Ron DeSantis (R) signed a bill banning lab-grown meat in his state Wednesday, in what he described as an effort to "save our beef.” “Today, Florida is fighting back against the global elite’s plan to force the world to eat meat grown ...The Hill - Politics -
‘Our prenup stirred up resentment’: My husband, 62, lives in my home. I pay for his credit card, car loan, vacations and groceries. Now he wants to pool our assets.
“He has $1.2 million invested. I have close to $5 million in investments.”MarketWatch - Business -
BBVA approaches Sabadell to create €70bn Spanish banking giant
Tie-up between two lenders would near valuation of SantanderFinancial Times - Business -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - Business -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - World -
She Was Convicted of Making a Bank Her Personal ATM---and Sentenced to Death
The case became one of the most high profile in a relentless anticorruption campaign in Vietnam dubbed the “Blazing Furnace.”The Wall Street Journal - World -
Cannabis Laws Are Changing, but Pot Merchants Still Can't Find Banks
Marijuana may become a less regulated Schedule III drug under federal regulations, but banking access remains an obstacle.Inc. - Business -
Bank of Canada 'Getting Closer' to Rate Cuts, Macklem Says
Central bank officials are confident inflation will continue to decelerate, Gov. Tiff Macklem said, adding that higher rates in Canada are having ‘more traction’ than in the U.S.The Wall Street Journal - World -
Banks face new risks as US tightens sanctions on Russia
Ukraine conflict shows no sign of abating — and financial institutions are being expected to implement the responseFinancial Times - World - Russia