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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 - 3d -
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 -
US makes fresh push for World Bank to back nuclear power
New administration wants Washington-based multilateral lender to help the west compete with China and RussiaFinancial Times - Mar. 9 -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - Mar. 10 -
Trump picks Fed Governor Michelle Bowman to replace Michael Barr as Fed's supervision head
Bowman will have a key role in bank oversight as part of her new role.CNBC - 22h -
‘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 - 3d -
How Joe Burrow forced the Bengals to break the bank on new contracts for Ja'Marr Chase and Tee Higgins
Burrow made it clear what he wanted and the organization got it doneCBS Sports - 1d -
Canada ‘will never be part of the US’, says new PM Mark Carney amid trade war
Former Bank of Canada and Bank of England governor sworn in and expected to call election soon. Mark Carney has said Canada will never be part of the US, after being sworn in as the country’s 24th ...The Guardian - 3d -
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 - 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 - 4d -
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 - 6d -
Canada's new PM on Trump's 51st state talk: It's 'crazy'
New Canadian Prime Minister Mark Carney shut down President Trump’s talk of Canada potentially becoming the U.S.’s 51st state, characterizing it as “crazy” and vowing the North American neighbor ...The Hill - 4d -
i-D Magazine Gets a New Life Just as Cool as Its Old Life
The art and fashion worlds convened at Rick Owens’s austere Left Bank house to celebrate the relaunch of Karlie Kloss’s i-D magazine.The New York Times - 6d -
The ACC is on track for its fewest men's NCAA tournament bids in 25 years -- what's next?
The storied college basketball conference is in flux, but it's banking on an injection of money and young wave of coaches to carry it into this new era.ESPN - 6d -
Global economy takes centre stage
OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics presidentFinancial Times - 2d -
HSBC and UBS expand India wealth management arms after IPO boom
Banks to offer bespoke services and cater to households outside big cities as record listings create new millionairesFinancial Times - 1d -
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 - 5d -
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 - 1d -
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 - 5d -
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 - 5d -
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 - 4d -
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 -
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 - 2d -
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 - 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 - 6d -
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 - 6d -
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 - 12h -
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 -
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 - Mar. 11 -
How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech
Lead Bank CEO Jacqueline Reses says her independent life started at age 14, and she's never looked back, from early days at Goldman Sachs to the top of fintech.CNBC - 6d -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - Mar. 10 -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - Mar. 10 -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - Mar. 11 -
The crisis at IndusInd, India’s fifth-largest private bank
Also in this newsletter: Starlink set to enter India and inflation cools offFinancial Times - 4d