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Mortgage-bond funds haul in billions in April
Investors are piling into mortgage bonds as the Federal Reserve looks to exitMarketWatch - Business -
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Turkey Halts Trade With Israel Amid Deteriorating Relations
The Turkish government said all trade with Israel would pause until a permanent cease-fire is reached in Gaza and “uninterrupted humanitarian aid” is allowed in.The New York Times - World - Turkey -
UK government’s climate action plan is unlawful, High Court rules
Judgment upholds four of five grounds for legal challenge brought by campaign groups against net zero strategyFinancial Times - World - United Kingdom -
Tremblant conversion marks growing hedge fund interest in ETFs
The ETF version of its long-only Tremblant Tax Efficient Fund strategy will have lower fees and taxesFinancial Times - World -
Stabilizing crime victims' funding is a win America’s kids desperately need
The act calls attention to the threat facing victims of violent crimes and asks for support to save the fund that offers those victims justice and healing.The Hill - Politics -
Middle East Crisis: Trade and Diplomatic Moves Deepen Israel’s Isolation
Turkey’s decision to suspend trade with Israel came after some countries downgraded or cut ties. But key allies including the U.S. remain supportive.The New York Times - World - Israel -
Turkey halts all trade with Israel until permanent Gaza cease-fire
Turkey will not resume trade with Israel, worth $7 billion a year, until a permanent ceasefire and humanitarian aid are secured in Gaza, it said on Friday, the first of Israel’s key partners to halt trade over the conflict.NBC News - Top stories - Israel -
Goldman Sachs settles lawsuit that alleged violations in platinum and palladium trading
Class-action lawsuit filed in 2014 charged defendants with allegedly manipulating a benchmark for physical platinum and palladium prices.MarketWatch - Business -
Confusion and trade rules are speed bumps for Biden’s EV goals
If widespread EV adoption is truly a priority, then America’s trade policies, some of which Biden inherited and some of which are his own, need another look.The Hill - Politics - Joe Biden -
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We need to make a housing decision fast, and the only place to get the funds is our retirement savings
A couple needs to make a housing decision fast, and the only place to get the funds is their retirement savings.MarketWatch - Business -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda
Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, which starts in France on MondayABC News - World - China -
How a blockbuster trade and two coaching changes delivered another first-round exit in Milwaukee
Despite two coaching swaps and the addition of Damian Lillard, the Milwaukee Bucks were eliminated from the postseason without a healthy Giannis Antetokounmpo.ESPN - Sports -
Middle East crisis live: Rafah operation could result in ‘slaughter’, UN official says
UN humanitarian office spokesman says hundreds of thousands of lives could be at risk and there would be a huge impact on aid operations. Daniel Hurst is Guardian Australia’s foreign affairs and defence correspondent.. The Australian government ...The Guardian - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World