Latest in Bank Fear
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Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 19h -
As Israel drops bombs on the occupied West Bank, some fear it will become a new Gaza
Once rare, Israel's use of airstrikes in the occupied West Bank has soared since Oct.NBC News - 1d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 5d -
‘They lock us in like sheep’: new Israeli checkpoints and barriers raise fears in the West Bank
Israel’s growing network of roadblocks are cutting off communities from major transport routes, disrupting work, education and aid supplies. The road to Atara from Ramallah winds through the hills ...The Guardian - 1d -
They lost their federal jobs and now can’t get jobless benefits: ‘You’re left watching your bank account slowly bleed’
Fired federal workers are having trouble getting unemployment benefits — and some experts fear that could spell trouble for the broader economy.MarketWatch - 1d -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 6d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 6d -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - 2d -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - 4d -
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump ...The Hill - 3d -
Thousands displaced as Israel continues fighting in West Bank
As the ceasefire in Gaza remains shaky, Israel is still carrying out what it calls Operation Iron Wall in the West Bank. The fighting has displaced thousands and could last for a year, Israel's ...CBS News - 3h -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 4d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 3d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 6d -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - 3d -
Report: Banks, Packers agree to four-year, $77M contract
Former San Francisco 49ers guard Aaron Banks reportedly agreed to sign a four-year, $77 million free-agent contract with the Denver Broncos.Yahoo Sports - 6d -
Undocumented Workers, Fearing Deportation, Are Staying Home
Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.The New York Times - 6d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 6d -
Brentford captain feared sleeping pill addiction
Brentford captain Christian Nørgaard has said he feared becoming addicted to sleeping pills after taking the medication to prepare for away games.ESPN - 2d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - Mar. 9 -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - 4d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 5d -
Australian surfer feared dead after shark attack, police say
A surfer is feared dead after being attacked by a shark in shallow water on a remote beach in Western Australia, police said Tuesday.NBC News - 5d -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - 6d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 5d -
Zeldin: $20B in green bank grants from climate law terminated
Environmental Protection Agency (EPA) Administrator Lee Zeldin said Tuesday night he has terminated $20 billion in green bank grants that were funded by the Democrats’ climate, tax and health care ...The Hill - 4d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 5d -
China’s Geely sells Saxo Bank stake to Swiss private bank
Eight-year joint venture was a bet on Chinese capital markets opening up to the westFinancial Times - 6d -
Ramadan in the West Bank: Displacement and Despair
An Israeli military operation has uprooted tens of thousands of Palestinians who can’t break their fast in their own homes and don’t know when, or if, they will ever return.The New York Times - 5d -
'Nothing to fear' as Butland eyes run to final
Jack Butland insists Rangers have "nothing to fear" against Athletic Bilbao as they eye another run to the Europa League final after the goalkeeper's shootout heroics eliminated Fenerbahce. The ...Yahoo Sports - 2d -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - Mar. 8 -
Stirtz, Banks lead Drake past Bradley 63-48 for third straight Missouri Valley championship
Bennett Stirtz scored 24 points, Tavion Banks added 13 and top-seeded Drake defeated No. 2-seed Bradley 63-48 to win Arch Madness for the third consecutive timeABC News - Mar. 9 -
Packers, OL Aaron Banks agree to 4-year, $77 million deal: Report
Jordan Love is getting another solid guard this fall. The Packers struck a four-year, $77 million deal to land 49ers offensive lineman Aaron Banks, according to the NFL Network.Yahoo Sports - 6d -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 6d -
Trump administration briefing: Mahmoud Khalil’s detention, ‘Trumpcession’ fears and gutting USAid
From cries of ‘McCarthyism’ over Palestinian activist’s detention to fears over a ‘Trumpcession’ – key US politics stories from Monday at a glance. The Trump administration’s decision to have ...The Guardian - 6d -
North Sea collision: ship’s master arrested as fears grow for marine life
Police launch criminal investigation while local leaders call on Starmer to prevent environmental catastrophe. Police have detained the master of the container ship Solong as experts voiced growing ...The Guardian - 5d -
White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - 5d -
Slain Iowa mom documented fears of estranged husband on sticky notes
Angela Prichard was shot and killed by her estranged husband in October 2022. Her sister, Wendy Budde, tells "48 Hours" correspondent Jonathan Vigliotti that Prichard lived in fear for months ...CBS News - 2d -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - Mar. 9 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 5d
