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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 - 6d -
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 -
Detained British bank analyst awaiting verdict in Saudi Arabia
Former Bank of America contractor Ahmed al-Doush was arrested while on a trip last yearFinancial Times - 1d -
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 - 3d -
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 - 3d -
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 - Mar. 16 -
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 - 5d -
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 - 3d -
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 - 3d -
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 - 3d -
Israel’s security cabinet approves independence for 13 West Bank settlements
Israel’s security cabinet approved a plan to separate 13 Jewish settlements in the Israeli-occupied West Bank from their neighboring communities, Finance Minister Bezalel Smotrich said on Sunday.NBC News - 1h -
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 - Mar. 15 -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 2d -
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 - 5d -
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 - 4d -
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 - 4d -
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 -
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 -
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 -
Cunningham banks in a 3 for the win and Pistons send Heat to their 9th straight loss, 116-113
Cade Cunningham banked in a 3-pointer with less than a second remaining, giving the Detroit Pistons a 116-113 win over Miami on Wednesday night and sending the Heat to their ninth consecutive ...Yahoo Sports - 3d -
Next UK interest rate cut may not come until August after hawkish Bank of England hold – business live
Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%. Bank of England says companies freezing hiring plans as it keeps interest rates on hold In the property ...The Guardian - 2d -
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 - Mar. 12
