Latest in Central Bank Cuts
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Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering ...ABC News - 32m -
Fed’s Logan backs shortening maturity of central bank’s balance sheet
Dallas Fed President Lorie Logan on Tuesday backed a plan to change the composition of the Fed’s secondary-market purchases of Treasury securities so that the central bank’s holdings match the ...MarketWatch - 5d -
German Central Bank Loss Points to More Economic Woes for Germany
The central bank’s president said it was “not possible to rule out” a third year of no economic growth.The New York Times - 5d -
South Africa’s central bank governor sounds alarm on ‘rightwing populism’
Lesetja Kganyago warns institutions are increasingly a target as the principle of independence comes under attackFinancial Times - 1d -
Major Asia bank to cut 4,000 roles as AI replaces humans
It makes DBS one of the first major banks to offer details on how AI will affect its operations.BBC News - 6d -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 6d -
What Trump’s Deportation Plans Mean for Central America
Deporting migrants to Central American countries removes many political and legal hurdles for the Trump administration. How far can the practice go before these nations reach a breaking point?The New York Times - 6d -
We made a zine with Lauren Halsey for Frieze, and it's a love letter to South Central
Halsey shares the seeds and vision behind her much-anticipated Summaeverything Community Center in L.A.Los Angeles Times - Feb. 19 -
Britain accuses Russia of planning to interfere in upcoming Central African Republic elections
Britain accused Russia of planning to interfere in upcoming elections in the Central African Republic, and the U.S. alleged that Moscow was seeking to steal the gold and diamond-rich country’s ...NBC News - Feb. 21 -
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Raymond Santana of ‘Central Park Five’ Will Run for Office in New York
Raymond Santana was wrongly imprisoned. Now, he wants to join Yusef Salaam, also wrongfully accused in the rape of a Central Park jogger, on the City Council.The New York Times - 5d -
Second ‘Central Park Five’ member seeking NYC Council seat
A second member of the “Central Park Five,” men were wrongly convicted and later exonerated of assaulting and raping a white woman in 1989, is seeking a seat on the New York City Council. Raymond ...The Hill - 5d -
Banking’s critical functions are vanishing into the cloud
It’s 9pm — do you know where your data is? *Financial Times - 1h -
Can UK banks stay the course on their climate pledges?
Lenders warn that slow government action may force a rethinkFinancial Times - Feb. 24 -
Bank accounts for $20B climate program frozen
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Bank accounts for $20B climate program frozen The bank accounts of nonprofits administering a $20 ...The Hill - 6d -
Banks leads UNC Asheville against Presbyterian
UNC Asheville hosts the Presbyterian Blue Hose after Josh Banks scored 30 points in UNC Asheville's 87-82 victory against the Longwood LancersABC News - 6d -
The World Bank Pivoted to Climate. That Now May Be a Problem.
The Trump administration’s deep cuts to clean-energy programs are raising concerns about U.S. commitments to the lender.The New York Times - 5d -
UK banks risk an outbreak of boardroom exuberance
Three cheers for a steady 2024 but this is no time for complacencyFinancial Times - 4d -
HMRC to ditch Barclays as government’s bank in favour of Lloyds
UK tax authority to retain NatWest and Citigroup but drop Barclays from £334mn contractFinancial Times - 1d -
Never mind the quality, feel the money: central flaw of football’s ‘greatest show on earth’ | Barney Ronay
Title race and relegation over by February? The Premier League is rich, but there’s no jeopardy and no real sense of excellence, at least not on the pitch. Ladies and gentlemen we have now reached ...The Guardian - 6d -
In deporting Asians to Central America, Trump strong-arms weaker nations, experts say
Dozens of mostly Asian migrants were put on a deportation flight on Thursday. But instead of landing near their home countries, the plane arrived in San José, Costa Rica.NBC News - 4d -
Israel's West Bank crackdown triggers a wave of displacement unseen in decades
Tens of thousands of Palestinians have fled home following recent Israeli military operations across the northern West BankABC News - Feb. 19 -
'We are history.' Hood Historian serves as the memory bank for L.A.
Hood Historian's passion for sharing the history of Southern California through the lens of "a Black dude from the hood" has built a true community.Los Angeles Times - Feb. 19 -
Sen. Elizabeth Warren: DOGE's FDIC firings put banking system at risk
Sen. Elizabeth Warren said she is "pleased" the FDIC will evaluate whether the decision to layoff workers at the agency puts the banking system at risk.CNBC - Feb. 20 -
Four banks fined by UK regulator over gilt information sharing
Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mnFinancial Times - Feb. 21 -
Israeli tanks are seen moving into Jenin in the occupied West Bank
Israeli tanks are seen moving into Jenin in the occupied West BankABC News - Feb. 23 -
Israel says West Bank operation will last for a year as it sends tanks to Jenin
Continued operation in Palestinian territory will leave 40,000 displaced people unable to return home. Israel has sent tanks to the West Bank city of Jenin, in the first deployment of its kind in ...The Guardian - Feb. 23 -
Expanding West Bank Campaign, Israel Sends Tanks for First Time in Decades
Israel’s defense minister, Israel Katz, said that 40,000 Palestinian residents displaced from militant hotbeds would not be allowed to return to their homes.The New York Times - Feb. 23 -
Alex Rodriguez banks half-court shot to win Bucknell student $10,000
A-Rod went off the glass to win a massive prize for a Bucknell student on Sunday afternoon.Yahoo Sports - Feb. 23 -
Why Tensions Are Rising Over Israel’s Operations in the West Bank
Amid the most intensive Israeli operations in the area in decades, Palestinians fear entrenched displacement and a return to military control in some towns.The New York Times - 6d -
Bank accounts for $20B climate program frozen amid Trump administration scrutiny
The bank accounts of nonprofits administering a $20 billion climate program have been frozen as the program faces significant scrutiny from the Trump administration. One grant recipient has ...The Hill - 6d -
World Bank unit lambasts Pakistan over army-backed energy talks
IFC and development lenders urge authorities to rethink move to reopen negotiations to slash power costsFinancial Times - 6d -
How big U.S. bank BNY manages armies of AI agents
As investment bank BNY plans to upgrade its AI tool Eliza, it's looking forward to creating smart recommendation AI agents.VentureBeat - 5d -
Israeli assault forces 40,000 Palestinians to flee their West Bank homes
Israel says its military operation in occupied West Bank refugee camps is to "prevent the return of residents and the resurgence of terrorism."CBS News - 5d -
Family mourns grandfather’s death as Israel brings Gaza tactics to West Bank
Major military operation causes largest displacement of Palestinians in West Bank since Israel seized it in 1967. Waleed Lahlouh was 73, with a shock of white hair that marked his age, when Israeli ...The Guardian - 4d -
GOP chair demands staff call West Bank by biblical name
The Republican chair of the House Foreign Affairs Committee instructed GOP staff to refer to the West Bank by its biblical name, Judea and Samaria. The term is still used by Israel’s government to ...The Hill - 4d -
Lloyds Bank overstated interest-bearing deposits to BoE by £44bn
Error fed into data set used by watchdog in review of UK’s cash savings marketFinancial Times - 4d -
CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the agency.The New York Times - 3d -
Wall Street analysts downgraded this portfolio bank stock. It's a good time to get in
KBW slashed Goldman's rating to market perform, citing the stock's elevated valuation.CNBC - 3d
