Latest in Bank Power Struggle
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What Will Trump Do With All That Power?
What can we expect from the president-elect?The New York Times - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Vail stock struggles as strike leads to long lines at Park City Mountain ski resort
Patrons complained of delays at the popular skiing destination.CNBC - Jan. 6 -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - Jan. 6 -
Vail stock struggles as strike leads to long lines at Park City Mountain
Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations.NBC News - Jan. 6 -
Clemson fires DC Goodwin after struggles vs. run
Clemson has fired defensive coordinator Wes Goodwin after the Tigers' defense took a significant step back this past season, especially against the run.ESPN - Jan. 6 -
West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Three Israelis killed in West Bank shooting, army pursuing suspects
JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...NBC News - Jan. 6 -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - Jan. 6 -
Three killed in Palestinian shooting attack on bus in West Bank
Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.BBC News - Jan. 6 -
Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3
A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three peopleABC News - Jan. 6 -
The infighting propelling Austria’s far right to power
Failed coalition talks and power play pave way for Herbert Kickl to become chancellorFinancial Times - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
The Power of Service: How Volunteering Transforms People and Organizations
Volunteering and acts of service strengthen teams and organizations by fostering empathy in a divided world.Inc. - Jan. 5 -
Soldier’s Struggles Began Before Las Vegas Tesla Explosion, Nurse Says
A Green Beret who had served several combat tours fatally shot himself in a Cybertruck that exploded outside a Trump hotel on New Year’s Day.The New York Times - Jan. 5 -
Alex Ovechkin scores his 872nd career goal as the Capitals beat the struggling Rangers 7-4
Alex Ovechkin scored his 872nd career goal to move 23 away from breaking Wayne Gretzky’s NHL record, and the Washington Capitals beat the struggling New York Rangers 7-4ABC News - Jan. 4 -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - Jan. 4 -
This investor imagined the landscape in 2035. He expects U.S. stocks to struggle.
It’s one thing to try to forecast a decade of returns, though many firms including JPMorgan and Vanguard regularly produce such forecasts.MarketWatch - Jan. 4 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - Jan. 3 -
Israel struggles to deter escalating attacks from Yemen's Houthi rebels as other fronts calm
The rockets from Gaza have mostly fallen silentABC News - Jan. 3 -
In a Political Year, Some Deaths Spoke to the Struggles for Democracy
Among the notable figures who died in a sometimes polarizing 2024, many championed justice, equal rights and political freedom.The New York Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - Jan. 2 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Is the Forme Power Bra really worth $189?
I tested the Forme Power Bra for five months to see if it could improve my posture. Does it actually work?NBC News - Jan. 2 -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - Jan. 2 -
POWER Digest [January 2025]
Yahoo News - Jan. 2 -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - Jan. 1 -
A power that seems will never die
'The Seed of the Sacred Fig' filmmaker Mohammad Rasoulof used footage from actual protests in Iran to create large portions of his feature film.Los Angeles Times - Jan. 1 -
The struggle to reunite children with families in war-torn Gaza
An estimated 17,000 children are unaccompanied or separated from family who would ordinarily care for them.BBC News - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
![POWER Digest [January 2025]](https://media.zenfs.com/en/power_magazine_984/2ad6cbcb8012efd4a7fd1cf4fcb63695)
