Latest in Banks Hit
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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 - 1d -
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 - 1d -
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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 - 2d -
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 - 1d -
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 - 12h -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - 12h -
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 - 10h -
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 - 7h -
'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 - 8h -
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. - 5h -
Al-Shaair suspended 3 games after Lawrence hit
The NFL has suspended Texans LB Azeez Al-Shaair three games for repeated violations of player safety rules after his hit to the head of Jaguars QB Trevor Lawrence.ESPN - 19h -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - 14h -
Guardiola hits back at claims of De Bruyne rift
Pep Guardiola has hit back at suggestions he is not selecting Kevin De Bruyne because of a rift with the Manchester City midfielder.ESPN - 7h -
Three more hospitals hit by cyber attack
Screenshots of data the attackers claim to have taken were published online on Thursday.BBC News - 53m -
Vietnamese tycoon must find $9bn to avoid death penalty after appeal fails
She is now in a race for her life - if she can pay back 75% of what she took, she could be spared.BBC News - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 20h -
High-profile South Korean cabinet ministers offer to resign
Moves pile pressure on President Yoon Suk Yeol to leave office after failed attempt to impose martial lawFinancial Times - 3h -
South Korea vows market support in wake of turmoil
Won flat and Korean stocks fall 1.4% as central bank says it is keeping all options open until situation stabilisesFinancial Times - 9h -
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 - 8h -
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 - 11h -
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 - 24m -
Israel-Gaza-Lebanon live updates: IDF says it's hitting targets in Lebanon
The Israel Defense Forces said Sunday it launched "several operations" targeting Hezbollah fighters that it claimed posed a direct threat to Israel.ABC News - 2d -
Azeez Al-Shaair apologizes for brutal, illegal hit on QB Trevor Lawrence
Azeez Al-Shaair said on X that he didn't see Trevor Lawrence sliding until it was 'too late.'Yahoo Sports - 2d -
Al-Shaair apologizes to Lawrence after illegal hit on defenseless quarterback
Jaguars quarterback was left concussed after blow Incident led to brawl between Texans and Jags Houston’s Azeez Al-Shaair has apologized to Jacksonville’s Trevor Lawrence after his violent blow ...The Guardian - 2d -
Ocasio-Cortez first person to hit a million followers on Bluesky
Rep. Alexandria Ocasio-Cortez (D-N.Y.) is the first person to hit a million followers on the social platform Bluesky, according to the platform. Other than Bluesky’s own account, Ocasio-Cortez’s ...The Hill - 1d -
Airstrikes hit hospitals in Syria’s Idlib region as insurgents fight Assad forces
White Helmets say at least 18 people killed in strikes on five healthcare facilities including maternity hospital. A wave of airstrikes has pummelled hospitals and neighbourhoods in the rebel-held ...The Guardian - 1d -
The Memo: Democrats hit Biden for pardon that they see as gift to Trump
President Biden is facing blowback from his own party for his dramatic Sunday evening pardon of his son, Hunter Biden. A growing chorus of Democrats have raised their voices to object to the ...The Hill - 1d -
Murder arrest after mum rammed off e-bike
Alana Armstrong died when an e-bike was struck by a 4x4 vehicle in Pleasley, Derbyshire.BBC News - 1d -
Houston player suspended 3 games without pay following violent hit
Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games for repeated violations of player safety rules following his hit to the head of Jacksonville’s Trevor Lawrence, which ...ABC News - 22h -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - 8h -
Texans’ Azeez Al-Shaair suspended three games for violent hit on Lawrence
Texans linebacker suspended three games without pay Al-Shaair was ejected from game for hit on Jaguars QB Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games Tuesday ...The Guardian - 23h -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - 23h -
Yoon Suk Yeol, the scandal-hit president who declared martial law
Yoon's future is in the balance after he declared martial law and then withdrew it within hours.BBC News - 14h