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Buffett’s Berkshire Hathaway slashes stakes in Bank of America and Citi
Conglomerate steps up effort to cut its holdings in US lenders over recent monthsFinancial Times - 4d -
Palestinian Displacement in the West Bank Is Highest Since 1967, Experts Say
The Israeli military launched a wide-scale operation last month against militants in several cities in the West Bank. Now, roughly 40,000 Palestinians have fled their homes — the highest since ...The New York Times - 1d -
Chase UK tops latest banking customer satisfaction survey
The US-owned bank beats Monzo and Starling in twice-yearly rankings for the first timeFinancial Times - 1d -
Deutsche Bank went on hiring spree while failing to deliver on costs
German lender has bulked up on back-office staff who do not generate revenueFinancial Times - 19h -
Colman Domingo on the profound power and poignance of 'Sing Sing'
The actor says he's never before put so much of himself into a role. How could he not? His co-stars once actually lived in that world.Los Angeles Times - Feb. 6 -
Serbia’s Protests Test the President’s Grip on Power
President Aleksandar Vucic of Serbia, battered by months of nationwide protests, is struggling to weather his biggest political crisis in more than a decade of rule.The New York Times - Feb. 8 -
Powerful earthquake in Caribbean triggers brief tsunami alerts
The U.S. Geological Survey said the magnitude 7.6 earthquake occurred Saturday around 6:23 p.m. Eastern Time with an epicenter about 129 miles southwest of George Town, the capital of the Cayman ...CBS News - Feb. 8 -
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Subsidies halved for controversial Drax power station
The government has agreed a new subsidy arrangement with the controversial wood-burning Drax power station in north Yorkshire.BBC News - Feb. 10 -
Vance Challenges Courts’ Power, and Trump Targets the Penny
Plus, why golden retrievers keep losing.The New York Times - Feb. 10 -
Trump 2.0 Heralds an Aggressive Flexing of Power
President Trump’s early moves to slash the federal government and expand American territory represent significant ideological swings from his first term.The New York Times - Feb. 10 -
Janet Malcolm Understood the Power of Not Being ‘Nice’
The writer is remembered, above all, for her ruthlessness. But when I went looking for it, I found something much more complicated.The New York Times - 6d -
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Drax’s power is not really green — but Britain needs it
The UK government’s deal to retain the biomass electricity generating station is a painful but necessary compromiseFinancial Times - 5d -
Murray, powered by grudge, drops 55 on Blazers
Still carrying a grudge after he was ejected Monday, Jamal Murray scored a career-high 55 points Wednesday night to lift the Nuggets past the Blazers for their eighth straight victory.ESPN - 5d -
Tkachuk brothers power U.S. to rout over Finland
Brady and Matthew Tkachuk each scored twice, and the brothers had a handful of big hits to help the United States beat Finland 6-1 in each team's opening game at the 4 Nations Face-Off.ESPN - 4d -
Powering a cleaner future for mobile work worldwide
Instagrid has developed high-performance portable power supplies that provide fume-free, silent alternatives to harmful gas-powered combustion generators.CBS News - 14h -
Talus integrates Sui to power AI agents
Talus, the next-gen platform for onchain AI agents, is joining forces with Sui, the blockchain which says it's built for mass adoption.VentureBeat - 10h -
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 - Feb. 8 -
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 - Feb. 10 -
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 - Feb. 10 -
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 - Feb. 11 -
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 - Feb. 11 -
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 - Feb. 11 -
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 - Feb. 11 -
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 - Feb. 11 -
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 - Feb. 11 -
Bank of America CEO on inflation impact on U.S. economy: 'Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.NBC News - 6d -
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 - 6d -
‘Last nail in the coffin’: Israeli settlers push on with fresh West Bank land grab
There are fears that a widely unnoticed displacement of Bedouin has the aim of fragmenting the territory intended for a future Palestinian state. Israeli settlers are pushing ahead with a largely ...The Guardian - 5d -
Wall Street banks have sold almost all $12.5bn of debt tied to Elon Musk’s Twitter purchase
Investor perception of debt has changed since Donald Trump’s election victoryFinancial Times - 4d -
Jamie Dimon Dismisses JPMorgan Chase Employees’ RTO Complaints and Scorns the Bank’s Earlier DEI Efforts
The CEO has had it with staff complaining about his strict return-to-office orders. Leaks from a company town hall meeting also indicate he views the bank’s DEI programs as ‘wasted money.’Inc. - 4d -
Soros fund leans into Big Tech and AI plays — but parts ways with this banking giant
Soros Fund Management, the fund founded by billionaire investor George Soros, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase.MarketWatch - 4d -
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Watchdog says Israel advancing plans for nearly 1,000 more settler homes in West Bank
Israel’s military says its forces will remain in five strategic locations in southern Lebanon after Tuesday’s deadline for their withdrawal under a ceasefire with the Hezbollah militant groupABC News - 1d -
Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.CNBC - 19h -
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation coolsABC News - 16h -
Treasury yields close higher for first time in three sessions on Reserve Bank of Australia guidance
Treasury yields ended higher on Tuesday after the Reserve Bank of Australia’s caution about the likelihood of future rate cuts triggered a selloff in government debt across different countries.MarketWatch - 3h -
Trump and the 'unitary executive': The presidential power theory driving his 2nd term
President Trump's flurry of executive actions and orders spark a critical question: Does he have the power he claims to have?ABC News - Feb. 7