Global Banks Hit Wall Street
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US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.CNBC - Business -
Stock Market Rises After Jobs Report Revives Investors’ Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.The New York Times - Business -
Top Wall Street analysts suggest these dividend stocks for income investors
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Coca-Cola and Energy TransferCNBC - Business -
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.MarketWatch - Business -
How Goldman grew up: 25 years since Wall Street’s elite firm went public
Lloyd Blankfein, Hank Paulson, David Solomon and others on what has changed since its seminal listing in 1999Financial Times - Business -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
WATCH: Man rescues puppy stuck between walls
A puppy who found itself stuck between two walls was rescued by a man and safely reunited with its mother.ABC News - Top stories -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
How divided is the Bank of England’s policy committee?
Market Questions is the FT’s guide to the week aheadFinancial Times - World -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Council to drop apostrophes on street signs
A North Yorkshire resident says the punctuation changes risk "everything going downhill".BBC News - Top stories -
Jessica Pratt, out of the L.A. underworld and into a (gentle) wall of sound
The folk singer made her name with stripped-down recordings but has now found a bigger approach on "Here in the Pitch." It wasn't an easy road to get there.Los Angeles Times - Entertainment -
Defeat for Tory mayor Street and sword ban pledge
Sunday's papers focus on Conservative losses in the mayoral elections.BBC News - Top stories -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Texas Ban on 'Woke' Banks Opens Door for Smaller Firms
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.The Wall Street Journal - World - Texas -
Investors Were Burned by European Banks for Years---Until Now
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.The Wall Street Journal - World -
Israeli forces kill five people in raid near West Bank’s Tulkarm
Hamas confirms four of five people killed during raid in village of Deir al-Ghusun were from its armed wing. Middle East crisis – live updatesIsraeli forces killed five Palestinians in an overnight raid in a village near the city of Tulkarm in the ...The Guardian - World - Israel -
Apex Legends Season 21's Alter Was Not An Easy Character To Add To The Battle Royale
Apex Legends Season 21 is right around the corner, kicking off next week. The new season introduces the first major map update to Broken Moon, reintroduces Solos mode, and also adds a brand-new playable legend, Alter. The mischievous, ...GameSpot - Tech -
Best TV Mounting Options: Stands, Wall Mounts, Corner Mounts, Electric Mounts
TV mounts have evolved, and so have all the other options for getting your huge new television set off the entertainment stand.Wired - Tech -
Andy Street’s defeat marks brutal end to grim Tory election campaign
Conservatives’ flagship West Midlands mayoralty goes to Labour after recountFinancial Times - Business -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Inside US airport terminals, banks are merging elite travel clubs with branch offices
Airport terminal bank branches with airline club amenities are growing as financial brands seek to catch the attention of travelers and remote workers.CNBC - Business -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.The Wall Street Journal - World -
Top 20 Global Concert Tours from Pollstar
Top 20 Global Concert Tours from Pollstar from week 05/06/2024ABC News - Entertainment -
U.S. college protests inspire rise in pro-Palestinian demonstrations around the world
Pro-Palestinian demonstrations that have rocked college campuses in the United States are now gaining traction across the world as protesters join the movement globally.NBC News - Top stories -
Southern border sees surge of global migrants
Many people who are migrating at the southern border are not just coming from Central America, but also from Asia and Africa. NBC News’ David Noriega spoke with some who traveled around the world to seek asylum in the U.S.NBC News - Top stories -
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 -
Disappearing migrants and street revolts. Sunak’s Rwanda round-up is just the mess we knew it would be | Gaby Hinsliff
The policy has always been a sordid theatre of cruelty, and it is unravelling in ways that were entirely predictable. Handcuffed and surrounded, faces pixelated for the video as if they were dangerous criminals, one by one they were bundled into ...The Guardian - World -
Mass deportations, detention camps, troops on the street: Trump spells out migrant plan
Trump White House 2.0 would mean a vast, legally dubious roundup of up to 11 million people and pit state against state. Donald Trump is planning to unleash the biggest mass deportation of undocumented migrants in US history should he win ...The Guardian - World - Donald Trump -
Lionel Richie, Kate Moss and Pharrell Hit NY Parties Ahead of the Met Gala
This week, after the British monarch returned to official duties, celebrities helped raise money for the trust he founded, and Pharrell hosted a car auction.The New York Times - Lifestyle -
With a vest and a voice, helpers escort kids through San Francisco’s broken Tenderloin streets
San Francisco's Tenderloin neighborhood is notorious for its open-air drug use and congested sidewalksABC News - Health -
Apple vs. the world: Can the tech giant survive a global regulatory onslaught?
Apple has a strong track record fighting antitrust enforcers, but the global scope of its current fight is something new.MarketWatch - Business - Apple -
Gambling-software company Games Global valued at about $2 billion in IPO
Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.MarketWatch - Business -
There’s been a major shift in demographics at the border. Here’s what’s behind the change.
Before the pandemic, roughly 9 in 10 migrants crossing the border illegally came from Mexico, Guatemala, Honduras and El Salvador. Those countries no longer hold the majority.NBC News - Top stories