Latest in Banks Cut Aid
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Fed’s review of KeyCorp deal signals lighter touch on bank mergers by central bank
Analyst hails Fed’s quicker-than-expected approval of an investment in KeyCorp by the Bank of Nova Scotia as a good sign for more dealmaking.MarketWatch - 14m -
Rebel Group’s Terrorist Label Could Hinder Efforts to Aid Syria
The United States and others call Hayat Tahrir al-Sham, now taking power in Syria, a terrorist group, blocking funding and even contact with the group. Experts say that should change.The New York Times - 6h -
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CFPB announces rule limiting bank overdraft fees
The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees.NBC News - 1d -
European Central Bank cuts rates for fourth time this year
ECB lowers borrowing cost as inflation falls and economy remains weak. The European Central Bank cut interest rates for the fourth time this year and kept the door open to further easing in 2025 as ...The Guardian - 1d -
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Countering China: Foreign aid in America’s national interest
Like Japan, the United Kingdom and France, the United States must have a more direct alignment between its foreign aid and commercial interests.The Hill - 1d -
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength
The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.CNBC - 1d -
Welcome to ‘Super Thursday.’ One central bank in Europe has surprised with a 50-basis point cut.
The Swiss National Bank cut interest rates by a bigger-than-expected amount. Onto the ECB decision for later.MarketWatch - 1d -
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Use frozen Russian assets to aid Ukraine, says EU’s top diplomat
Kaja Kallas, the EU’s new high representative for foreign affairs, said Kyiv had a legitimate claim for compensation . Billions of Russian state funds frozen in the European Union should be used to ...The Guardian - 1d -
Biden’s Top Aides Race to Middle East as Militias Wield Power in Syria
Secretary of State Antony J. Blinken plans to hold meetings in Jordan and Turkey. Jake Sullivan, the national security adviser, is visiting Israel.The New York Times - 1d -
Storm Aid vs. Partisan Power: A Showdown Looms in North Carolina
As Republicans try to muscle through a bill that is nominally dedicated to hurricane relief but in fact erodes Democrats’ influence, residents of the areas hit hardest say they urgently need help.The New York Times - 2d -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 2d -
Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.The Wall Street Journal - 2d -
European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.CNBC - 2d -
Florida state lawmaker files measure eliminating tuition aid for undocumented immigrants
Florida state Sen. Randy Fine (R) announced Monday he was introducing a bill to limit college tuition aid to undocumented immigrants. Fine is looking to repeal a 2014 state law “offering illegal ...The Hill - 3d -
Inside Salt Lake City's booming banking industry
CNBC takes viewers on a deep dive into Salt Lake City's booming industrial banking sector.CNBC - 3d -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - 3d -
Denmark's Nykredit to Buy Spar Nord Bank
Danish financial services group Nykredit will make a cash bid for Spar Nord Bank in a deal that values the Danish bank at around $3.5 billion.The Wall Street Journal - 3d -
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President-elect Trump says Ukraine to 'possibly' receive less military aid
President-elect Trump tells NBC News Ukraine will likely receive less U.S. aid once he takes office.CNBC - 4d -
Opinion: Not another revival of Band Aid's 'Do They Know It's Christmas?'
The just-released "ultimate remix" of Band Aid's celebrity charity single still makes Africa a caricature of despair for Western audiences.Los Angeles Times - 5d -
How reimagining goods and services can aid US manufacturing
There’s a way President-elect Donald Trump can help promote U.S. manufacturing exports, and it doesn’t involve imposing new tariffs.The Hill - Dec. 6 -
Police Track C.E.O.’s Killer, and Biden Aides Consider Blanket Pardons
Plus, the spectacular rebirth of Notre-Dame.The New York Times - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
Senior Biden aide commits to giving Ukraine avalanche of military assistance
White House games last-minute strategy to bolster Ukraine, including $20bn in loans and sweeping sanctions on Russia. The White House has gamed out a last-minute strategy to bolster Ukraine’s war ...The Guardian - Dec. 6 -
Romania's far right presidential frontrunner vows to end Ukraine aid
Calin Georgescu, who leads Romania's presidential race, tells the BBC he would end support for Ukraine if elected.BBC News - Dec. 5 -
Former Proud Boys Leader Testifies in Defense of Officer Accused of Aiding Him
Enrique Tarrio appeared in court for the first time since being sentenced to 22 years in prison for seditious conspiracy over his role in the Jan. 6, 2021, attack on the Capitol.The New York Times - Dec. 5 -
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House Freedom Caucus comes out against ‘unpaid’ disaster aid
The hardline conservative House Freedom Caucus came out against “unpaid” disaster aid legislation in an official statement on Wednesday, urging “not one more cent to the Biden administration.” In ...The Hill - Dec. 5 -
The Switch Up — Activists say AIDS-free generation on the horizon
The World Health Organization established World AIDS Day on Dec. 1, 1988. Thousands were contracting HIV, the virus that causes AIDS. Since the first AIDS case was reported in 1981, some 25 million ...The Hill - Dec. 4 -
Johnson rejects Biden request for $24 billion on new Ukraine aid
House Speaker Mike Johnson on Wednesday rejected a White House request to pass $24 billion in additional aid for Ukraine by the end of the year, saying any further assistance for Kyiv would be ...The Hill - Dec. 4 -
Trump taps ex-aide Peter Navarro for senior counselor on trade and manufacturing
President-elect Trump on Wednesday named his once-jailed former aide Peter Navarro as senior counselor for trade and manufacturing to the incoming White House, picking a loyal ally to help ...The Hill - 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 -
Earn $800,000? You Might Get Financial Aid at an Elite N.Y.C. School.
The average tuition of $65,000 a year at private schools has separated New York’s truly rich, who can afford to pay full tuition, from its merely wealthy.The New York Times - Dec. 3 -
Experts create controllable gastric balloon to aid weight loss
Device inflates before eating and contracts afterwards, simulating the effects of having a meal, say scientists. From weight loss jabs to vibrating pills , the obesity crisis has spawned myriad ...The Guardian - Dec. 3 -
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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
