Latest in U.K. Banks Exposed To Motor Finance Rise After Treasury Seeks to Step In
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Polestar seeks new suppliers after US ban on Chinese software in EVs
EV maker backed by China’s Geely maintains US growth strategy despite mounting uncertaintyFinancial Times - 1h -
U.K. May Change Terrorism Law After Southport Attack, Starmer Says
After a teenager admitted murdering three girls at a dance class, Keir Starmer said people were being radicalized into violence for its own sake and terrorism laws might need to change.The New York Times - 21h -
U.K. Banks Exposed To Motor Finance Rise After Treasury Seeks to Step In
Shares in U.K. banks that have motor-finance operations traded higher after the Treasury signaled its intention to intervene to protect car loan providers in a Supreme Court case.The Wall Street Journal - 23h -
Country Garden Shares Rise After Monthslong Suspension
Shares in the company, once one of China’s largest developers, rose on the resumption of trade after it pledged to reach a debt-restructuring deal with creditors.The Wall Street Journal - 1d -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - 1d -
Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...The Hill - 2d -
Bank of America Awards Employees Stock After Strong 2024 Performance
Bank of America’s stock surged 30.5 percent in 2024.Inc. - 3d -
The U.K. again delays key banking rule, saying it will wait for U.S. to decide first
The Bank of England on Friday said it will delay key rules on bank capital for a year while the U.S. decides what to do, a sign of how the incoming Trump administration will impact financial ...MarketWatch - 5d -
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Reinsurers little exposed to LA fires after retreat from disaster risks
Firms intended to backstop frontline insurers raised rates and increased recovery thresholds after losses on prior blazesFinancial Times - 5d -
U.K. to open new inquiries into past child grooming cases after Musk tweet
Britain's Home Secretary announced there would be a number of new local inquiries into decade-old allegations of child grooming, weeks after Elon Musk accused British Prime Minister Keir Starmer of ...CBS News - 5d -
Bank of America sees revenue rise across the board in upbeat sign for year ahead
Bank of America CEO Brian Moynihan said the bank turned in a “strong” fourth quarter.MarketWatch - 5d -
NASA's stuck astronaut steps out on a spacewalk after 7 months in orbit
One of NASA's two stuck astronauts is getting a change of sceneryABC News - 5d -
10-year Treasury yield pulls back aggressively after core inflation is light in December
Investors reacted to the latest inflation data.CNBC - 6d -
Here are 7 steps homeowners and renters should take after a wildfire, experts say
If your primary residence was affected or completely destroyed in a wildfire, here are seven steps to take immediately, according to experts.CNBC - 6d -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - 6d -
Treasury yields finish lower after mild producer-price reading for December
Two- and 10-year Treasury yields declined by the most of any 2025 trading session on Tuesday, after a tamer-than-expected reading from the December producer-price index.MarketWatch - Jan. 14 -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - Jan. 10 -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
Estonia steps up patrols in the icy Baltic Sea in a show of force after suspected cable sabotage
Estonian naval ships are taking part in stepped-up patrols in the Baltic Sea by NATO countries after undersea power and communications cables have been damaged in recent monthsABC News - Jan. 10 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.MarketWatch - Jan. 9 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
U.K. prime minister condemns "lies and misinformation" after attacks from Elon Musk
U.K. Prime Minister Keir Starmer is defending his record and several other European leaders are expressing concerns about Elon Musk's involvement in their domestic politics as Musk continues to ...CBS News - Jan. 6 -
What Dobbs seeks in free agency after historic 49ers start
Joshua Dobbs simply wants a chance to compete for a starting quarterback job or the primary backup role, and it's unclear if the 49ers offer him that opportunity.Yahoo Sports - Jan. 6 -
U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks
Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.The New York Times - Jan. 6 -
Elon Musk turns on Nigel Farage, calls him to step down as U.K. party leader
Elon Musk said Nigel Farage should quit as leader of Britain’s right-wing Reform UK party in an abrupt withdrawal of support by the U.S. billionaire.NBC News - Jan. 6 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
GOP trust in election accuracy rises after Trump's victory: Survey
A growing number of Republicans say they’re confident that the votes in the 2024 presidential election were counted accurately in the wake of President-elect Trump's victory in November, according ...The Hill - Jan. 3 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Police seek 19 people after Glasgow football chaos
The force releases images of people they want to speak to about football fan disorder in Glasgow.BBC News - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
