Latest in Bank Follows
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China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."CNBC - 1d -
JPMorgan changes DEI to DOI as companies respond to Trump assault on ‘equity’
Bank is latest big company to adjust approach to diversity following US president’s electionFinancial Times - 6h -
Turkey spends record $12bn defending lira after Erdoğan rival’s arrest
Central bank’s currency intervention came as officials ‘lost control’ of market following Ekrem İmamoğlu’s detentionFinancial Times - 3h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - Mar. 10 -
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 - Mar. 14 -
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 - Mar. 12 -
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 - Mar. 13 -
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 - 4d -
Bipartisan pair of senators reintroduce bill to expand fentanyl testing in hospitals
The bill from Sens. Alex Padilla, D-Calif., and Jim Banks, R-Ind., is called “Tyler’s Law,” named after a California teenager who died following a fentanyl overdose.NBC News - Mar. 11 -
What does Canada’s new prime minister mean for the US?
Canada has a new prime minister-in-waiting. Following Justin Trudeau’s resignation in January, the governing Liberal Party elected Mark Carney as its leader in a landslide victory on Sunday. ...The Hill - Mar. 12 -
Investors dumped U.S. stocks at the fastest pace on record last week, according to this Wall Street survey
Institutional investors who trade through Bank of America are pulling money from U.S. stocks at the fastest pace on record, according to a closely followed survey produced by a team of strategists ...MarketWatch - 3d -
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 - Mar. 13 -
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 - Mar. 13 -
Swiss National Bank makes quarter-point interest rate cut, cites 'low inflationary pressure'
Switzerland's central bank on Thursday announced its latest interest rate decision.CNBC - 1d -
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 - Mar. 13 -
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 - Mar. 10 -
Cade Cunningham might not have called bank. His shot only added to Detroit's turnaround season
Cade Cunningham insisted he called bank. Cunningham's banked-in 3-pointer with 0.6 seconds left was the difference in the Pistons' 116-113 win over the reeling Miami Heat on Wednesday night. ...Yahoo Sports - 1d -
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 -
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 - 5d -
Senate Democrats call for USDA funding for local food banks, schools to be restored
Senate Democrats called on the U.S. Department of Agriculture (USDA) to restore funding to local food banks and schools, after it canceled $1 billion in food purchase programs throughout the ...The Hill - 4d -
Serial bank robber — who dabbles as a crime novelist — allegedly strikes again
A serial bank robber — who dabbles as a fictional crime author and has an affinity for luxury wheels — allegedly knocked off two more financial institutions near Detroit, a year after being ...NBC News - 2d -
Judge halts EPA effort to claw back green bank funds
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge halts EPA effort to claw back green bank funds A federal judge in Washington, D.C., has ...The Hill - 1d -
A look at Intrust Bank Arena’s non-profit manned concession stands
Practice day has wrapped up, and the NCAA Tournament is about to start. Intrust Bank Arena is home to vendors, merch stores and concession stands, all gearing up for the next few days.Yahoo Sports - 1d -
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 - Mar. 12 -
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 - 6d -
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - 2d -
Watch Cade Cunningham's banked-in game-winner at buzzer, Pistons' win extends Heat losing streak to nine
Did Cunningham call bank? "I might have whispered it. I don’t think anybody heard that, though."Yahoo Sports - 1d -
Bank of England holds interest rates, warns global trade uncertainty has intensified
The Bank of England on Thursday announced its latest interest rate decision, warning of increased global uncertainty.CNBC - 1d -
What will Green Bay do with Rasheed Walker? What Aaron Banks signing means for his future
The signing of Aaron Banks in free agency has cast doubt over Rasheed Walker's immediate and long-term future with the Packers.Yahoo Sports - 8h -
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 - Mar. 10 -
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 - Mar. 11 -
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 - Mar. 12 -
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 - Mar. 11 -
Close Brothers swings to loss as banks brace for potential car finance redress costs
FTSE 250 bank set aside £165mn to cover costs of potential motor finance mis-selling after sector-wide regulatory probeFinancial Times - 3d -
Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.CNBC - 2d -
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 2d -
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 - Mar. 10 -
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 - Mar. 11 -
3 biggest takeaways for Sixers following latest home loss to Pacers
Here are the three biggest takeaways for the Philadelphia 76ers following their latest home loss to the Indiana Pacers on Friday.Yahoo Sports - 6d -
3 biggest takeaways for Sixers following road win over Mavericks
Here are the three biggest takeaways for the Philadelphia 76ers following their road win over the Dallas Mavericks on Sunday.Yahoo Sports - 4d
