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Free agent superstar Juan Soto is about to break the bank — and baseball
The New York Yankees slugger is expected to sign a deal north of $600 million that will come close to the real-dollar value of Shohei Ohtani's $700 million pact.Top stories - NBC News - November 13 -
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.Business - The New York Times - 15 hours ago -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - October 29 -
The West Bank Is on the Edge of Economic Collapse
After over a year of war, the economy in the occupied West Bank is being choked off by restrictions on Palestinians’ movements in the territory, the cancellation of work permits in Israel and ...World - The Wall Street Journal - November 5 -
Harris phone banks on Election Day
Vice President Kamala Harris spent Election Day phone banking and thanking her staff at Democratic headquarters in Washington D.C. Nancy Cordes reports.Top stories - CBS News - November 5 -
Redacted Review - Prison Break
You wouldn't know just from looking at it--with its vivid, comic book-esque art style and irreverent punk-rock tone--but Redacted (officially styled as [REDACTED]) actually takes place in the same ...Tech - GameSpot - October 28 -
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HSBC’s investors should not bank on its latest overhaul
Grand global restructuring announcements have been all too familiar from the lender over the past decadeBusiness - Financial Times - October 29 -
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Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Trump’s victory sets up traps for central banks
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off againWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Deutsche Bank takes a bite out of Greggs
Wages up, margins downBusiness - Financial Times - November 8 -
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Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
The drama and farce of the Baker Street bank heist
In 1971, a group broke into a bank vault - but the plan was nearly brought down by a radio ham.Top stories - BBC News - November 17 -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 5 days ago -
What are banks doing with your financial data?
Your transactions reveal a lot about you as a person — it could be valuable informationWorld - Financial Times - 5 days ago -
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - Yesterday -
Senior UK bankers to receive bonuses faster under new rules
Bank of England proposes relaxation of restrictions dating from financial crisisBusiness - Financial Times - Yesterday -
Breaking down the record-breaking travel numbers expected this Thanksgiving
TSA is planning to screen 18.3 million passengers and AAA is projecting 71.7 million people will drive more than 50 miles in what looks to be a record-breaking week of Thanksgiving travel. CBS ...Top stories - CBS News - 23 hours ago -
Breaking down the timing of election results
One of the top questions people want to know is when will we know who wins the election. While we don't know for sure, there are some clues. Major Garrett has more.Top stories - CBS News - November 4 -
North Carolina Breaks Democrats’ Hearts
After several furious months of action, Harris came up short, and Trump came out on top.Top stories - The New York Times - November 6 -
Breaking down Trump's win in Georgia
Voters in Georgia gave Trump 16 electoral votes on his way to the White House, CBS News projects. CBS News congressional correspondent Nikole Killion has more on how Trump won there.Top stories - CBS News - November 6 -
Breaking down Harris' concession speech
Vice President Kamala Harris delivered her concession speech Wednesday following former President Donald Trump's projected win. CBS News chief White House correspondent Nancy Cordes reports. Then, ...Top stories - CBS News - November 6 -
Putin breaks silence on Trump win
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Putin congratulates Trump on election President-elect Trump and ...Politics - The Hill - November 7 -
Breaking down Trump's deportation pledge
President-elect Trump has vowed to launch "the largest deportation operation" in American history, targeting the country's estimated 11 million undocumented immigrants. A CBS News analysis reveals ...Top stories - CBS News - November 8 -
Breaking down the Delphi murders verdict
An Indiana jury on Monday convicted 52-year-old Richard Allen of murder seven years after two teenage girls vanished during a hike. CBS News correspondent Ian Lee has more on the verdict.Top stories - CBS News - November 11 -
Congress returns after election break
Lawmakers returned to Washington, D.C., on Tuesday following a six-week election break. Republicans are preparing to govern with majorities in both chambers while Democrats look to regroup. Scott ...Top stories - CBS News - November 12 -
Alberta Breaks With the Canadian Pension Model
The provincial government abruptly purged the board and senior leaders of Alberta’s pension fund, defying a long-held principle that funds should be free of political interference.World - The New York Times - 4 days ago -
US leads efforts to keep lifeline for West Bank lenders open
Yellen warns Netanyahu of ‘economic catastrophe’ if Israel refuses to extend waiver for Palestine banksBusiness - Financial Times - October 28 -
Heritage Foundation: the rightwing ‘Project 2025’ think-tank banking on Trump
Republican candidate now seeks to distance himself from controversial group and its manifestoWorld - Financial Times - October 29 -
Petrol and food prices will fall thanks to oil glut, says World Bank
Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...World - The Guardian - October 29 -
Former bank boss in Latvia jailed for ordering killing of whistleblower
LPB Bank owner Mihails Ulmans sentenced to 15 years over hit on lawyer who suspected money-launderingBusiness - Financial Times - October 29 -
Deteriorating Loans Stress Regional Banks’ Office Building Portfolios
The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.Business - Inc. - October 29 -
JPMorgan Chase Sues Four Customers for Bank Fraud Seen in Viral TikToks
The people deposited fake checks and withdrew large sums from Chase ATMs, the lawsuits said.Business - The Wall Street Journal - October 29 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
Harvey Schwartz and Peter Mandelson quit Bank of London board
Departures including that of former chief executive Anthony Watson are the latest setback for troubled fintechBusiness - Financial Times - October 30