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BBC News - Top stories
Bank of England expected to hold interest rates at 5%
Economists are betting on rates being held in September with a cut to come in November instead.1 hour ago -
The Hill - Politics
23andMe board quits over plans to take DNA testing company private
All seven independent directors of 23andMe’s board resigned on Tuesday, citing disagreements over the chief executive’s plan to take the company private. The departures leave just one sitting ...4 hours ago -
MarketWatch - Business
Moody’s lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody’s on healthier ...4 hours ago -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.5 hours ago -
Inc. - Business
Instagram Will Make Teen Accounts Private, Citing Online Safety
As parent company Meta faces dozens of lawsuits and a push for restrictions from Congress, it rolls out a safety measure that critics find wanting.7 hours ago -
Financial Times - Business
UK regulator pushes banks to give savers better value even as rates fall
FCA warns it will take action against any lenders that flout rules to protect depositors8 hours ago - United Kingdom -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...10 hours ago - United Kingdom -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.12 hours ago -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.14 hours ago -
Financial Times - Business
Private equity suitors line up for Bausch + Lomb eyecare auction
Sale process comes after tensions between investors and creditors over plan to split from Bausch Health14 hours ago -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.16 hours ago -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...18 hours ago - United Kingdom -
ABC News - Tech
Instagram makes teen accounts private as pressure mounts on the app to protect children
Instagram is introducing separate teen accounts for those under 18 as it tries to make the platform safer for children amid growing backlash against how social media affects young people’s lives18 hours ago -
Financial Times - World
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacement20 hours ago -
Financial Times - Business
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacement20 hours ago -
BBC News - Top stories
What will happen when VAT is added to private school fees?
The Labour government's changes will come into effect in January 2025Yesterday -
CNBC - Business
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may grow even larger.Yesterday - Apple -
NBC News - Top stories
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The Federal Deposit Insurance Corp.Yesterday -
NBC News - Top stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.Yesterday - Apple -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.Yesterday -
CNBC - Business
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.Yesterday -
ABC News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst flooding in years spreads across Central EuropeYesterday -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.Yesterday -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
BBC News - Top stories
Instagram teen accounts and posts to be made private by default
Meta says parents will be able to "guide" a safer experience - critics say the firm itself should do more.Yesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says DeutscheYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
Financial Times - Business
Instagram to make teenagers’ profiles private by default
Social media companies have come under fire over platforms’ impact on young peopleYesterday -
NBC News - Top stories
Instagram to roll out 'teen accounts' with increased privacy — its biggest move yet to protect minors
Teenagers on Instagram will soon be automatically placed in a new type of account with built-in privacy restrictions that give parents more control.Yesterday -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.Yesterday -
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CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.2 days ago