Bank Fears Spread
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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 -
Who is the quiet, feared strategist behind Modi’s rise?
India’s PM is eyeing a record third term - his home minister is the brains behind his election wins.BBC News - Top stories -
Fear and prayers in Sudan city under siege
People in the last major holdout of the army in the west of Sudan nervously await an assault.BBC News - Top stories -
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Toulouse 'fear factor' requires perfect Quins
Toulouse's "fear factor" means Harlequins could need a "10 out of 10 performance" to reach the Investec Champions Cup final, says scrum-half Danny Care.BBC News - Top stories -
Authoritarians fear transparency — liberal democracies should embrace it
There is a first-mover advantage to openness on Russian assetsFinancial Times - World -
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 -
Apple’s stock is seeing its best day in 1.5 years, but an existential question remains
Now that the company has helped soothe the China concerns, it’s time for Apple to move on to the next big area of investor debate: its AI positioning.MarketWatch - Business -
‘Pesticides by stealth’: garden soil conditioners killing worms, experts fear
Even products marketed as ‘organic’ may be toxic, say campaigners, with risks for the wider ecosystem. Gardeners are inadvertently killing scores of earthworms with soil conditioners marketed as “organic”, experts fear, as they call for tighter ...The Guardian - World -
Democrats should fear ‘lawfare’ tactics being turned against them
Unhinged partisan politics is quickly propelling our nation down the path of the normalization of the weaponization of law to take out a political opponent — a path that is destructive to all.The Hill - Politics -
Warren Buffett Fears AI Has 'Enormous Potential for Harm'
The Berkshire Hathaway CEO compared artificial intelligence to the development of nuclear weaponry, even as the company begins to use it in some businesses.The Wall Street Journal - Tech - Warren Buffett -
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 -
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 -
Column: Fears about 'Ozempic babies' show how woeful U.S. women's healthcare really is
Just as women's reproductive rights are being restricted, a flurry of troubling reports about 'Ozempic babies,' egg freezing and more underscore the male bias in our healthcare system.Los Angeles Times - Entertainment -
Bird flu outbreak in US cattle sparks fears over next global health crisis
While pandemic risk is low, scientists say urgent investigations into the virus are necessaryFinancial Times - Business -
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.MarketWatch - Business -
I have no children and have started to fear for my legacy. What can I do? | Ask Philippa
Legacy can be found in the lives you touch and your impact on others. The question I am a 54-year-old woman with a good career and a stable marriage. I live across the globe from my parents, my siblings and their kids and I am child-free. I have ...The Guardian - World -
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 -
Inside US airport terminals, banks are merging elite travel clubs with branch offices
Airport terminal bank branches with airline club amenities are growing as financial brands seek to catch the attention of travelers and remote workers.CNBC - Business -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.The Wall Street Journal - World -
Pro-Palestinian Student Protests Spread to Australia, France, U.K. and Elsewhere
Student activists in Australia, Britain, France and elsewhere are challenging their universities’ stances on the war in Gaza and ties to Israel.The New York Times - World - United Kingdom -
No One Knows How Far Bird Flu Has Spread
With little incentive for US farmers to test their cattle, and many undocumented laborers on dairy farms, the full scale of the outbreak is unclear.Wired - Tech -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World