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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.CNBC - 1h -
How Escalating Violence Is Upending Lives in the West Bank
Since Oct. 7, 2023, Israeli military raids in areas dominated by Palestinian militants in the West Bank have increased, often leaving civilians with limited access to medical care and caught in the ...The New York Times - 1h -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 18h -
UK banks to lobby Reeves on hiring top foreign talent
Chancellor’s meeting with financial services groups expected to focus on visas, regulation and taxFinancial Times - 12h -
Palestinians in West Bank fear being pushed out amid heightened violence
While the truce in Gaza holds, Israel is hitting Hamas in the West Bank, and Palestinians there are deeply concerned they, too, could be forced out. Chris Livesay has more.CBS News - 16h -
Bank stocks set to do 'pretty well' under Trump 2.0, investor says, naming his favorites
Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under Trump.CNBC - 17h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 21h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 23h -
Warren, Waters question Fed chair on proposal 'upending' bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...The Hill - 23h -
Is it risky to open a CD with an online bank? What experts say
Online banks may offer better rates, but there are some potential drawbacks to take into account, too.CBS News - 1d -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 1d -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 1d -
Sen. Elizabeth Warren: Current FDIC staffing shortages 'threaten the safety and soundness of the banking system'
Sen. Elizabeth Warren said the FDIC should evaluate whether the decision to rescind job offers to bank examiners threatens the stability of the banking system.CNBC - 1d -
UBS’s stock got clobbered after earnings. Deutsche Bank says it’s now a buy.
UBS’s stock is now worth buying, after tumbling following the Swiss banking giant’s fourth-quarter earnings report, Deutsche Bank analysts say.MarketWatch - 1d -
Israel's fatal shooting of a pregnant Palestinian woman raises fears in the West Bank
Palestinians say the fatal shooting of a pregnant 23-year-old in a refugee camp in the northern West Bank signals a worrying trend toward more lethal, warlike tactics by Israel in the occupied ...ABC News - 1d -
5 people killed in a suicide bombing near a bank in northern Afghanistan
Afghan police say a suicide bomber has detonated an explosive device near a bank in northern Afghanistan, killing at least five people and wounding seven othersABC News - 1d -
UK to change ‘unintended’ non-dom hit to overseas bank accounts
The effect of the provision would be reversed pending ministerial sign-off, a Treasury official saidFinancial Times - 1d -
Israel's military ramps up West Bank raids
Israel's military is continuing raids in the West Bank and Palestinians are being driven out of their homes. This comes as the ceasefire deal with Hamas remains fragile. CBS News' Chris Livesay ...CBS News - 1d -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 1d -
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.CNBC - 1d -
Deutsche Bank fined €10mn by Spanish regulator over forex mis-selling
German watchdog BaFin set to conclude its own investigation in coming weeksFinancial Times - 1d -
Israeli forces continue operations in West Bank
As the fragile ceasefire between Israel and Hamas in Gaza continues to hold, Israeli forces have stepped up operations in the West Bank in recent weeks. CBS News foreign correspondent Chris Livesay ...CBS News - 2d -
UK banks to detail IT failures after Barclays outage
MPs on Treasury select committee request information from past two yearsFinancial Times - 2d -
After the ceasefire in Gaza, West Bank Palestinians face more Israeli barriers, traffic and misery
To spend a rush hour these days at any of the traffic-snarled checkpoints outside Palestinian cities in the West Bank is to hear of the endless problems they have brought — families divided, money ...ABC News - 2d -
M&S boss says retailers 'raided like a piggy bank'
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".BBC News - 3d -
Sharing Bank Accounts Can Deepen a Couple’s Relationship
Fewer couples are combining their bank accounts. But that trend may not promote partners’ overall financial health, experts say.The New York Times - 3d -
Bennett Stirtz, Tavion Banks lead Drake over Indiana State 85-81 in OT for 10th win in row
Bennett Stirtz had 20 points and Tavion Banks scored seven of his 11 in overtime to rally Drake to an 85-81 victory over Indiana State, upping the Bulldogs’ win streak to 10ABC News - 3d -
Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
Two exchange-traded fund experts deliver plays that should deliver multi-year gains.CNBC - 3d -
UMBC plays Maine after Banks' 30-point performance
UMBC Retrievers (11-13, 3-6 America East) at Maine Black Bears (15-9, 7-2 America East) Orono, Maine; Saturday, 2 p.m. EST BETMGM SPORTSBOOK LINE: Black Bears -5.5; over/under is 146.5 BOTTOM ...ABC News - 4d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 5d -
Israel begins preparations for Gaza exodus as Egypt lobbies against Trump plan
Israel says it has begun preparations for the departure of large numbers of Palestinians from the Gaza Strip in line with President Donald Trump’s plan for the territoryABC News - 6d