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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 -
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 -
NYC man pleads guilty to selling exotic animal parts
Usher Weiss, 26, must pay a $5,000 fine and surrender all contraband.CBS News - Top stories -
How to Factory-Reset Your Phone Before You Sell It
Upgrading to a shiny new device? Here’s how to restore your old phone to its factory settings.Wired - Tech -
Qantas to pay A$100 million fine for selling tickets for canceled flights
Qantas said it has agreed to pay a civil penalty of 100 million Australian dollars (US$66.1 million) to resolve court proceedings with a regulator which alleged the airline had advertised tickets for more than 8,000 flights it had already canceled.MarketWatch - Business -
Qantas to Pay Civil Penalty for Selling Tickets on Canceled Flights
Australia’s major airline will pay a civil penalty of $66.1 million to resolve court proceedings with a regulator which alleged the airline had advertised tickets for more than 8,000 flights it had already canceled.The Wall Street Journal - World -
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 -
Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial Times - World -
Lego Baby Yoda On Sale At Amazon For Star Wars Day, But It'll Sell Out Soon
Amazon has several great deals on Lego Star Wars sets for Star Wars Day, including everyone's favorite Force-wielding toddler: Grogu. Affectionately known as Baby Yoda, this cute little guy has been a fan favorite ever since his first appearance ...GameSpot - Tech -
The Darth Vader Force FX Elite Lightsaber Is 40% Off At Amazon, But Selling Out Fast
Over at Amazon, the Star Wars Darth Vader Force FX Elite Lightsaber is on sale for just $170. This replica of Vader's red lightsaber normally costs $279, but is 40% off as part of the online retailer's Star Wars Day sale. While this is an ...GameSpot - Tech -
Tempted to sell your retirement-account stocks in May? So are we — but here’s why we don’t.
Stocks generally produce most of their returns during the six months of the year from Nov. 1 to April 30.MarketWatch - Business -
Amazon, Walmart and others no longer sell weighted infant sleepwear over safety concerns
Retail giants Amazon and Walmart, among others, have stopped selling weighted infant sleep products over safety fears.The Hill - Politics -
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Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled
The airline agrees to a $100m fine and to repay $20m to customers in settlement with the ACCC. Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastQantas will fork out ...The Guardian - World -
My mother-in-law died. My husband, her executor, did not file a will or open probate. What happens if we sell the house?
“The home was willed to her son with the provision that he paid his sisters a percentage of the home’s value.”MarketWatch - Business -
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 -
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 -
Why Would Miami Dolphins Owner Stephen Ross Turn Down a Staggering $10 Billion Offer to Sell the Team? Blame Formula 1 and the Miami Grand Prix
Also credit the organization's ability to 'festivalize' sports, expanding a sporting event with a wide variety of options and experiences.Inc. - Business -
A Justice Department probe into TD Bank's internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
A Justice Department probe into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.The Wall Street Journal - World