UK regulator to slash maximum fraud losses banks are forced to cover

Exodus by Wall Street Banks From Climate Group Worries Advocates

The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.

Inc. - Jan. 6

Michael Barr to step down as Fed’s top Wall Street regulator

US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor

Financial Times - Jan. 6

West Bank Settlers Hope Trump Will Back Annexation Dreams

Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.

The New York Times - Jan. 6

Fed’s top bank cop to step down, averting potential clash with Trump

Politico - Jan. 6

UK weather: Met Office issues fresh yellow weather warnings covering much of UK – live

Warning for snow and ice in place across most of south-west, north-west and West Midlands in England, Wales, western and northern Scotland and Northern Ireland. How you have been affected by ...

The Guardian - Jan. 6

Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests

Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.

MarketWatch - Jan. 6

Three Israelis killed in West Bank shooting, army pursuing suspects

JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...

NBC News - Jan. 6

Israeli officials say 3 killed in attack on vehicles in occupied West Bank

Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.

CBS News - Jan. 6

See the latest forecast covering the UK

The BBC's Carol Kirkwood explains what the next few days will look like across the UK.

BBC News - Jan. 6

Three killed in Palestinian shooting attack on bus in West Bank

Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.

BBC News - Jan. 6

Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3

A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three people

ABC News - Jan. 6

Maiocco's Observations: Disastrous season ends with loss to Cardinals

The San Francisco 49ers ended a disastrous 2024 NFL season on Sunday with plenty more things going horribly wrong against the Arizona Cardinals.

Yahoo Sports - Jan. 6

How AI regulation could shake out in 2025

This year will be a year of change for the U.S. political landscape — and that comes with big implications for the direction of travel for global AI regulation.

CNBC - Jan. 6

Investment banks prepare for crunch year in 2025

Boutiques counting on M&A rebound to support elevated valuations and star hires

Financial Times - Jan. 6

Edwards nets career-high 53 in loss to Pistons

The Pistons overcame Anthony Edwards' career-high 53 points to beat the Timberwolves on Saturday night.

ESPN - Jan. 5

Watch: Snowy Sunday in parts of the UK

Many people in the north of England and Wales woke up to wintery scenes.

BBC News - Jan. 5

UK altnets count cost of ‘gold rush’ end after collective losses surpass £1bn

Alternative network providers under pressure to demonstrate they can be profitable businesses not just builders

Financial Times - Jan. 5

Brea, Kentucky hand Florida first loss of season

Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida, handing the Gators their first loss of the season.

ESPN - Jan. 4

Saracens rebound from heavy loss to beat Bristol

Saracens respond to a thumping Premiership defeat by Bath to hold off Bristol and end the Bears' record run of wins away from home.

BBC News - Jan. 4

Why is George Santos asking for a sentencing delay in federal fraud case?

George Santos is currently scheduled to be sentenced next month on Long Island after pleading guilty to federal fraud, campaign finance and embezzlement charges.

ABC News - Jan. 3

EPA determines formaldehyde poses an ‘unreasonable risk’ to humans and must be regulated

The Biden administration has officially determined the chemical formaldehyde poses an “unreasonable” risk to human health and should be regulated. The Environmental Protection Agency (EPA) said ...

The Hill - Jan. 3

Smart stands by 'aggressive' playcalls in CFP loss

Georgia coach Kirby Smart says he doesn't regret aggressive offensive playcalls that backfired during the Bulldogs' College Football Playoff quarterfinal loss to Notre Dame in the Sugar Bowl.

ESPN - Jan. 3

UK mortgage approvals fall in November

Unexpected decline interrupts recovery in housing market activity

Financial Times - Jan. 3

FirstFT: China’s central bank prepares for historic monetary policy shift

Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of Meta

Financial Times - Jan. 3

Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account

After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.

The New York Times - Jan. 3

China’s central bank plans policy overhaul as pressure mounts on economy

People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit

Financial Times - Jan. 3

Why you should open a CD with an online bank this January

Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.

CBS News - Jan. 2

Palestinian Authority Bans Al Jazeera in West Bank

The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.

The Wall Street Journal - Jan. 2

Carville on Harris loss: ‘It is and it always will be the economy, stupid’

Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...

The Hill - Jan. 2