Latest in Bank Takes Leap
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Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
China Takes Harder Trade Stance as Trump Prepares for Office
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares to take office.The New York Times - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
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Xreal One Series AR glasses offer leap forward with X1 custom coprocessor
Xreal unveiled a step change for its newest augmented reality (AR) glasses, Xreal One Series, that the company believes is the biggest leap forward in AR tech to date.VentureBeat - Dec. 4 -
Hegseth's mother takes to Fox News in bid to save son's nomination
Penelope Hegseth, the mother of Pete Hegseth, President-elect Trump's pick to lead the Pentagon, appeared on Fox News on Wednesday morning to vouch for her son, who has been accused of excessive ...The Hill - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
Young Matildas take their opportunities to shake off a scare against Taiwan
Australia beat Taiwan 3-1 in women’s friendly at AAMI Park Tash Prior, Sharn Freier and Bryleeh Henry score first international goals It wasn’t the regulation result the Matildas had probably ...The Guardian - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Trump takes aim at US Steel deal
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says he'll block Nippon Steel-U.S. Steel deal President-elect Trump vowed ...The Hill - Dec. 3 -
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second timeABC News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
Watch: Protesters take to the streets outside parliament
South Korea’s opposition party members gather at South Korea's parliamentBBC News - Dec. 3 -
Senate Democrats hold leadership elections with GOP set to take control
Senate Democrats are meeting Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.CBS News - Dec. 3 -
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I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
After feeling disappointed by her dream job, one millennial decided to retire early. She's happy with her choice: "I'm very good at doing nothing and relaxing."CNBC - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Trump demands hostages be released from Gaza before he takes office
Hamas recently released a propaganda video featuring U.S.-Israeli hostage Edan Alexander, who has been held since the Oct. 7 massacre. It comes as President-elect Donald Trump demands the release ...CBS News - Dec. 3 -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
‘When the tie goes on Brent takes over’: life as a comedy character lookalike
Is the pay really that good? Do you get bored? What was your worst gig? We ask ‘David Brent’, ‘Nessa’ and ‘Ali G’ what it’s actually like to make your money by being the spit of someone else’s ...The Guardian - Dec. 3 -
Ewan McGregor takes on first theatre role in 17 years
The star will appear in My Master Builder in London's West End next year.BBC News - Dec. 3 -
For Iranian Women, Can a Revolution Take Place at Home?
Inspired by the movement for women’s rights in Iran, Elahe Esmaili returns to her hometown to start her own resistance.The New York Times - Dec. 3 -
Women's college basketball rankings: TCU Frogs leap to program's highest spot ever in AP Top 25 poll
TCU's win over Notre Dame fuels hop to No. 9; UCLA remains in top spotCBS Sports - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2 -
Brad Keselowski takes 'natural next step' with RFK Racing expansion for 2025
The NASCAR Cup Series’ return to the race track sits exactly two months away, when the season-opening Clash exhibition marks the unofficial kickoff of the 2025 campaign. For RFK Racing team ...Yahoo Sports - Dec. 2 -
Who takes charge when Thames Water has no shareholders?
Not literally, but effectivelyFinancial Times - Nov. 26