Latest in Fed’s Top Bank
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Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - 3d -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 3d -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - 3d -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - 3d -
West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - 3d -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - 3d -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 3d -
Three Israelis killed in West Bank shooting, army pursuing suspects
JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...NBC News - 3d -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - 3d -
Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - 3d -
Three killed in Palestinian shooting attack on bus in West Bank
Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.BBC News - 3d -
Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3
A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three peopleABC News - 3d -
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‘This is basically a civil war’: West Bank in fear as Palestinian Authority battles militant groups
PA seeking to prove it will be able to handle governing the Gaza Strip when the war there ends. Amid the echo of gunfire and explosions, 23-year-old Mariam picked her way through puddles on the ...The Guardian - 3d -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - 3d -
Sen. Banks: ‘I don’t think Mike Johnson would have been speaker’ without Trump
Sen. Jim Banks (R-Ind.) said on Sunday he doesn’t think Speaker Mike Johnson (R-La.) would have been reelected to his leadership post without the backing of President-elect Trump. “Donald Trump ...The Hill - 4d -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - 5d -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - 5d -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - 6d -
Thune says preserving the Senate filibuster will be a top priority
Sen. John Thune (R-S.D.) in his first prepared address as Senate majority leader says “preserving” the filibuster will be one of his top priorities, making an early move to quash any talk of major ...The Hill - 6d -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - 6d -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - 6d -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - 6d -
Bumrah strikes in feisty finale but Australia on top
Australia dismiss India for 185 on day one of their series decider but a fired-up Jasprit Bumrah strikes with the final ball of the day to boost the tourists late on.BBC News - 6d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - 6d -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - 6d -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - 6d -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - Jan. 2 -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - Jan. 1 -
The Top 12 Soccer Stars Available as Free Transfers
With the January transfer window now open, the best soon-to-be-free-agents can officially discuss moves to other soccer teams.The New York Times - Jan. 1 -
The top 5 education issues of 2024
Universities and state education policies dominated in 2024 with a tumultuous year that saw massive protests over the Israel-Hamas war and lawsuits over the separation of church and state in public ...The Hill - Jan. 1 -
Penguins' Top Defenseman Placed On Injured Reserve
Pittsburgh's blue line health continues to be a concern as yet another top-four defenseman heads to IRYahoo Sports - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
