Central Bank Word Du Jour
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Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Harvey Weinstein’s rape conviction in New York overturned on appeal
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movementFinancial Times - Business - New York -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - World -
Thailand's central bank will act independently and not cave to 'political' pressure, governor says
Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief said.CNBC - Business -
Germany has emerged as a fierce opponent of a U.S.-led push to commandeer some of the nearly $300 billion of Russian central-bank assets frozen at the start of Russia's war on Ukraine.
Germany has emerged as a fierce opponent of a U.S.-led push to commandeer some of the nearly $300 billion of Russian central-bank assets frozen at the start of Russia’s war on Ukraine.The Wall Street Journal - World - Russia -
Trump's allies are quietly drafting proposals that would attempt to erode the Federal Reserve's independence if the former president wins a second term.
Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term.The Wall Street Journal - World -
Op-ed: My bank, their bank or our bank
One of the most important conversations newlyweds need to have is figuring out how and who will pay the bills. That goal can be reached in so many ways.CNBC - Business -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Tornadoes Strike Nebraska and Iowa, Injuring at Least 9
Storms destroyed homes and injured several people in Iowa and Nebraska, including in Omaha. A tornado also hit near Des Moines.The New York Times - Top stories -
A roof with a view: Barcelona’s revamped Grand Hotel Central
Key notes | The landmark hotel has reopened with new owners, a new look — and an unmissable rooftop poolFinancial Times - Business -
World Central Kitchen to resume food aid in Gaza
The aid organisation had stopped distributing food in Gaza after an Israeli strike killed seven workers.BBC News - Top stories -
World Central Kitchen Will Resume Aid Operations in Gaza
The organization halted aid efforts in the enclave after seven of its workers were killed in an Israeli attack. It said it would resume operations with a local team of Palestinian aid workers.The New York Times - World -
World Central Kitchen Will Resume Operations in Gaza
The organization halted aid efforts in the enclave after seven of its workers were killed in an Israeli attack. It said it would resume operations with a local team of Palestinian aid workers.The New York Times - Top stories -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Top stories -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Politics -
Horses Run Loose Through Central London in Surreal Spectacle
A number of runaway army horses galloped through London on Wednesday morning, causing alarm and injuring pedestrians. All of the animals were eventually recovered.The New York Times - World -
Chef José Andrés says aid workers killed by Israeli airstrikes represented the 'best of humanity'
The founder of World Central Kitchen says the seven aid workers killed by Israeli airstrikes represented the “best of humanity.”ABC News - Top stories - Israel -
José Andrés Eulogizes 7 World Central Kitchen Workers Killed in Gaza
The chef voiced “regret, sorrow and anger” at a Washington memorial for the workers slain while delivering food for his World Central Kitchen.The New York Times - Top stories -
Stanley Cup Playoffs Central: Bracket, schedule, game previews for the NHL's postseason
From the first round all the way through the Stanley Cup Final, ESPN has you covered. Explore the full results, and coverage on each team.ESPN - Sports - NHL -
The central question hanging over Trump’s legal cases: From the Politics Desk
The central question hanging over Donald Trump's legal cases, Mitch McConnell's next big fight, and why Joe Biden is feeling optimistic about the 2024 election.NBC News - Top stories -
The central question hanging over Trump’s legal cases: From the Politics Desk
The central question hanging over Donald Trump's legal cases, Mitch McConnell's next big fight, and why Joe Biden is feeling optimistic about the 2024 election.NBC News - Politics -
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World Central Kitchen resuming operations in Gaza after killing of 7 workers
World Central Kitchen will be resuming operations in the Gaza Strip after an Israeli strike killed seven of its workers earlier this month, the nonprofit organization announced Sunday. The nonprofit organization, founded by celebrity chef José ...The Hill - Politics -
World Central Kitchen resuming Gaza operations weeks after deadly strike
Nonprofit organization World Central Kitchen is set to resume its aid work in Gaza, weeks after seven aid workers were killed.CBS News - World -
At least five dead after tornadoes hit central US
Clean up operations are under way in states including Oklahoma and Iowa following the severe storms.BBC News - Top stories -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Regulators Seize Troubled Philadelphia Bank, Republic First
The bank had some of the same problems as the ones that failed in 2023.The Wall Street Journal - World -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Capital levels are a poor predictor of bank failure
Regulators should be embracing much more sophisticated measures of lenders’ healthFinancial Times - Business