Bank Chaos Triggered Wild Swings
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UBS Stock Rallies After Bank Swings Back to Profit
Earnings remain center stage with no major economic data scheduled in coming days. Walt Disney is expected to announce its results later today.The Wall Street Journal - World -
No, campus protests have not descended into chaos
These portrayals grossly oversimplify what is happening.The Hill - Politics -
Campus chaos vindicates the American system and the First Amendment
Americans are rightly comparing this to the suppression of speech by authoritarian regimes. But when you look more closely, it also highlights the superiority of the American system over authoritarian systems abroad.The Hill - Politics -
New Borderlands Movie Poster Teases The Chaos To Come
Ahead of the film's debut this August, a new poster for the Borderlands movie has arrived. As part of the CCXP event in Mexico City recently, director Eli Roth showed new footage of the film and debuted a poster that features the main cast ...GameSpot - Tech - Entertainment -
Nigerian journalist's arrest last week triggers criticism of worsening press freedoms
A Nigerian journalist’s arrest last week has triggered criticism of worsening press freedoms in the West African countryABC News - World -
Huge swing to Labour in Blackpool South by-election
The 26.3% swing was the third largest from Conservative to Labour in post-war by-election history.BBC News - Top stories -
Chris Mason: Whopping swing to Labour will alarm Tories
The party is set for one of its worst local election results as Labour wins the Blackpool South by-election.BBC News - Top stories -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Tyson Swings to a Profit as Chicken Business Rebounds
The largest U.S. meat supplier said improving chicken profitability helped offset losses in its beef business as a dwindling U.S. cattle supply continues to create headaches for meat suppliers.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Biden weighs in on protests, line between free speech and chaos
President Joe Biden responded to growing political pressure as protests continue across college campuses, walking a line between free speech and desire for law and order. “There's the right to protest, but not the right to cause chaos,” he said. ...NBC News - Politics - Joe Biden -
AI deepfakes are causing chaos in elections across the world. The US isn’t ready.
As the parade of 2024 global elections continues, including the massive vote underway in India, the U.S. will likely get further previews of how much damage deepfakes can cause.The Hill - Politics -
UK flower industry thrown into chaos by new Brexit border checks
Firms said food and plant checks and Latin names causing costly delays with lorries waiting hours in first week of post-EU regime. Of all the effects of Brexit, probably the least anticipated was that flower exporters and customs officials would ...The Guardian - World - United Kingdom -
Jeffries: Democrats 'effectively' in majority due to GOP 'chaos, dysfunction'
House Minority Leader Hakeem Jeffries (D-N.Y.) said “chaos” and “dysfunction” in the House GOP has “effectively” given Democrats the majority, lending credence to far-right criticism of Speaker Mike Johnson (R-La.) as the GOP majority slims. ...The Hill - Politics -
America needs to get ready now for post-election chaos in November
Over the next several months, voters need to make clear that they do not want a repeat of 2020. And in November, Americans need to go to the polls and vote against anyone who refuses to discharge his “obligation to concede.”The Hill - Politics -
Why did bill to stem ‘foreign influence’ trigger protests in Georgia over country's media freedom?
Georgia has been engulfed by huge protests triggered by a proposed law that critics see as a threat to media freedom and the country’s aspirations to join the European UnionABC News - World -
South Sudan removes newly imposed taxes that had triggered suspension of UN food airdrops
South Sudan has removed recently imposed taxes and fees that had triggered the suspension of U.N. food airdropsABC News - World - United Nations -
Sunak says results 'disappointing' but voters will 'stick with us' at general election
Labour wins by-election and string of councils from the Tories, who retain the Tees Valley mayoralty.BBC News - Top stories -
Voters Swing to Labour in English Local Elections: Key Takeaways
While the ballots were still being counted on Friday, big losses for the Conservative Party could signal a difficult general election later this year.The New York Times - World -
The best women's golf club sets in 2024 to swing like an LPGA pro
You don't have to spend like a pro to play your next 18 holes with these best women's golf club sets of 2024.CBS Sports - Sports -
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.CNBC - Business -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
How divided is the Bank of England’s policy committee?
Market Questions is the FT’s guide to the week aheadFinancial Times - World -
Florida’s abortion ban has brought fear and chaos. This is the right’s vision for the US | Moira Donegan
The scenes in Florida of frantic and overcrowded clinics are a grim preview of the future that ‘pro-lifers’ want for women. A Woman’s Choice, an abortion clinic in Jacksonville, usually sees somewhere between 10 and 15 patients a day. But last ...The Guardian - World - Abortion -
Hope Hicks breaks down chaos of Trump's 2016 campaign during hush money trial
Former President Trump’s ex-political adviser Hope Hicks testified for hours Friday in his hush money trial in Manhattan where she detailed the chaos that enveloped his 2016 campaign. Hicks, once a close confidant of Trump’s including when he ran ...The Hill - Politics - Donald Trump -
‘I couldn’t stop crying’: Co-op Live workers tell BBC of behind-the-scenes chaos
One worker says there were "wires hanging down" inside the venue just a day before it was due to open.BBC News - Top stories -
Labour’s Claire Ward elected first mayor of East Midlands as Sunak gets boost in Tees Valley after Tory losses – live
Party source describes region as ‘beating heart of general election battleground’ as prime minister says Labour threw ‘lot of mud’. Local elections 2024: full council results for EnglandAnalysis: Blackpool verdict looks like electoral death ...The Guardian - World -
Two-shot swing on final hole gives Taylor Pendrith first win at CJ Cup Byron Nelson
Pendrith made birdie on the 18th hole while Ben Kohles made bogey, to shift the outcome.Yahoo Sports - Sports -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Texas Ban on 'Woke' Banks Opens Door for Smaller Firms
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.The Wall Street Journal - World - Texas -
Investors Were Burned by European Banks for Years---Until Now
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.The Wall Street Journal - World -
Israeli forces kill five people in raid near West Bank’s Tulkarm
Hamas confirms four of five people killed during raid in village of Deir al-Ghusun were from its armed wing. Middle East crisis – live updatesIsraeli forces killed five Palestinians in an overnight raid in a village near the city of Tulkarm in the ...The Guardian - World - Israel -
Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial Times - World -
Citi sees ‘coiled spring’ for bank stocks, with Hancock Whitney in the spotlight
Citi analyst Ben Gerlinger sees bank stock as “attractive” for significant gains over the summer.MarketWatch - Business -
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS shares surged 8% on Tuesday as the bank outstripped analysts’ expectationsMarketWatch - Business -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong