Latest in Banks Cut Aid
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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 - 5d -
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 -
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
The Consumer Financial Protection Bureau accused the bank of intentionally terminating calls and mishandling fraud complaints.CNBC - Dec. 6 -
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 -
Why do central banks buy gold? Experts weigh in
Knowing the main reasons why central banks buy gold could help inform your approach to gold investing.CBS News - Dec. 6 -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - 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 -
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdensFinancial 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 -
How Trump Targeted Undecided Voters Without Breaking the Bank
The Trump team had a huge financial disadvantage. It made up for it with a strategy that allowed it to narrow the focus of its ad dollars.The New York Times - Dec. 5 -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - Dec. 5 -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - Dec. 5 -
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9 Best MagSafe Power Banks for iPhones (2024), Tested and Reviewed
Keep your iPhone topped up with one of these WIRED-tested MagSafe portable chargers.Wired - Dec. 5 -
Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - Dec. 5 -
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Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
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 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - 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 -
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 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - 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 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - 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 -
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 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial 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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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 -
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 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
German chancellor Olaf Scholz pledges €650m in military aid to Ukraine on Kyiv visit
Scholz said Germany was ‘strongest supporter of Ukraine in Europe’ and promised speedy arms deliveries. Olaf Scholz has met the Ukrainian president, Volodymyr Zelenskyy, in an unannounced visit to ...The Guardian - 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
