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Why buying stocks in this hot sector may turn out to be a money-losing bet
The semiconductor industry has been soaring; that won’t last forever.MarketWatch - Business -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Turkey Earthquake Trial Opens Amid Anger and Tears
More than 300 people were killed when temblors toppled an upscale residential complex. Survivors hope a court will punish the men who built it.The New York Times - World - Turkey -
What to know about nuclear fusion amid congressional push
A bipartisan group of lawmakers has introduced a bill supporting the development of nuclear fusion power. Hank Jenkins-Smith, professor of public policy at the University of Oklahoma, joins CBS News to discuss.CBS News - Top stories -
Doctors call to expand syphilis testing during pregnancy amid recent surge
A coalition of doctors are sounding the alarm on the need for increased syphilis testing for pregnant individuals, amid a recent surge of the sexually transmitted infection in U.S. newborns. The American College of Obstetricians and Gynecologists ...The Hill - Politics -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
Israel Strikes Iran in Narrow Attack Amid Escalation Fears
Tehran lifts restrictions on Iran’s airspace after canceling flights amid reports of explosions.The Wall Street Journal - World - Iran -
Jabil Places CEO Wilson on Paid Leave Amid Investigation
Filing discloses sidelining of chief since 2022, namesCFO Michael Dastoor as the interim CEO.Inc. - Business -
G7 opposes full-scale military operation in Rafah amid fears for civilians
Ministers warn an offensive would be catastrophic for people in Gaza’s southernmost city. Middle East crisis – live updatesForeign ministers from the G7 countries have said they remain opposed to a full-scale military operation in Rafah by Israel ...The Guardian - World -
Biden hits Trump for inheriting wealth amid union speech
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden seizes on Trump's wealth President Biden went after former President Trump for inheriting his wealth as he sought to appeal ...The Hill - Politics - Joe Biden -
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Inside an Intel computer chip plant amid rush to grow U.S. production
Computer chip maker Intel is at the center of the latest high-tech race between the U.S. and China. Jo Ling Kent visited their state-of-the-art facility in Oregon for an in-depth report.CBS News - Top stories -