Latest in Gradually Says Bank
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Interest rates will go down gradually, says Bank
Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.BBC News - Mar. 20 -
Pope Francis showing "gradual, slight improvement," Vatican says
The Vatican said Pope Francis is showing "gradual, slight improvement." The 88-year-old has been in the hospital for 23 days, battling double pneumonia.CBS News - Mar. 8 -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - Mar. 13 -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - Mar. 13 -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - Mar. 10 -
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
The Bank of America CEO said Wednesday that consumers are continuing to spend and growth should be solid though slower this yearCNBC - Mar. 19 -
Pope Francis shows 'slight improvement' amid weekslong hospitalization, Vatican says
Pope Francis has shown a "gradual, slight improvement" after more than three weeks in the hospital, the Vatican said Saturday.NBC News - Mar. 8 -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - Mar. 9 -
Oscar-winning Palestinian director was beaten and arrested in West Bank, co-filmmaker says
A Palestinian filmmaker who was part of a team that won an Oscar for “No Other Land" was beaten by West Bank settlers and then arrested by Israeli forces, his co-director said Monday.NBC News - 3d -
Hamdan Ballal, Palestinian Director of ‘No Other Land,’ Is Attacked in West Bank, Witnesses Say
Hamdan Ballal was assaulted by masked attackers in his home village in the Israeli-occupied West Bank, witnesses said. The Israeli military said he had been detained for questioning.The New York Times - 3d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - Mar. 11 -
Electricity gradually returns to Cuba after millions left in the dark
Electricity service in Cuba is gradually being restored more than 36 hours after a substation failure left the entire island in the darkABC News - Mar. 16 -
Next UK interest rate cut may not come until August after hawkish Bank of England hold – business live
Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%. Bank of England says companies freezing hiring plans as it keeps interest rates on hold In the property ...The Guardian - Mar. 20 -
How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech
Lead Bank CEO Jacqueline Reses says her independent life started at age 14, and she's never looked back, from early days at Goldman Sachs to the top of fintech.CNBC - Mar. 12 -
Social Security says it will no longer accept bank changes over the phone
Those who need to change their direct deposit information with Social Security will have to do it online or in-person.The Hill - Mar. 14 -
UK deregulation frees space ‘for bolder reforms’, says top bank lobbyist
David Postings tells FT he has been ‘working closely’ with Treasury on measures aimed at boosting growthFinancial Times - Mar. 17 -
‘It was revenge for our movie’: Oscar winner says soldiers helped settlers attack him in West Bank
Hamdan Ballal says Israeli soldiers beat him with their rifle butts and threatened to kill him. The Oscar-winning Palestinian film director Hamdan Ballal has said that Israeli settlers who attacked ...The Guardian - 1d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - Mar. 11 -
‘Globalisation as we knew it’ may be over, says HSBC chair Mark Tucker
UK-based bank is dominant in financing trade flows around the worldFinancial Times - 3d -
EU rejects Russian ceasefire demand for sanctions relief
Kremlin says agreement is dependent on dropping measures imposed on agricultural bankFinancial Times - 1d -
Greenland party favouring gradual independence wins election
Incumbent coalition defeated in polls dominated by Donald Trump’s threat to seize Arctic islandFinancial Times - Mar. 12 -
‘Gradually then suddenly’: Is AI job displacement following this pattern?
Many technological shifts have coincided with economic downturns. Will 2025 be the year AI not only augments jobs but starts to replace them?VentureBeat - 4d -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - Mar. 10 -
Bank of America says fund managers have suffered a ‘bull crash.’ What that means for stocks.
Fund managers have had all the optimism drained out of them, and rapidly as well.MarketWatch - Mar. 18 -
Lagarde says ‘impossible’ for ECB to always guarantee 2% inflation
Potential price pressure from trade war and debt-fuelled borrowing add to uncertainty, warns central bank presidentFinancial Times - Mar. 12 -
Trump says crypto will 'unleash an explosion of economic growth'
President Trump offered praise for the crypto world Thursday, suggesting the industry will “unleash an explosion of economic growth.” “Pioneers like you will be able to improve our banking and ...The Hill - Mar. 20 -
Canada ‘will never be part of the US’, says new PM Mark Carney amid trade war
Former Bank of Canada and Bank of England governor sworn in and expected to call election soon. Mark Carney has said Canada will never be part of the US, after being sworn in as the country’s 24th ...The Guardian - Mar. 15 -
Pope showing "gradual, slight improvement" amid double pneumonia treatment
The 88-year-old pope has remained stable, with no fever and good oxygen levels in his blood for several days, doctors said.CBS News - Mar. 8 -
Trump says the Fed should cut rates to ease the economy’s transition to his tariffs
President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.CNBC - Mar. 20 -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - Mar. 7 -
Russia says US to ease sanctions as part of targeted ceasefire deal with Ukraine
Russia said Monday that it expects the U.S. to ease certain sanctions as part of an agreement for a limited ceasefire with Ukraine, lifting restrictions on certain banking sectors which are a major ...The Hill - 2d -
Bank of England dilutes stress test scenario for lenders
Central bank opts for smaller inflation surge and milder global GDP drop in its modelling requirementsFinancial Times - 3d -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - Mar. 14 -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - Mar. 12 -
China’s bond yields are rising — but economists say deflation worries could soon pull them lower
Chinese commercial banks across the country have rushed to dole out cheaper consumption loans, heeding Beijing's call to bolster spending.CNBC - Mar. 21 -
Coach Kevin Willard says ‘as of now, I’m staying’ at Maryland
Derik Queen’s thrilling fadeaway bank shot on Sunday night to send Maryland men’s basketball to its first Sweet 16 since 2016 and only the second time in the past two decades might be the ...Yahoo Sports - 2d -
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump ...The Hill - Mar. 13 -
Thousands displaced as Israel continues fighting in West Bank
As the ceasefire in Gaza remains shaky, Israel is still carrying out what it calls Operation Iron Wall in the West Bank. The fighting has displaced thousands and could last for a year, Israel's ...CBS News - Mar. 16 -
Wells Fargo’s stock dips even as analyst proclaims ‘good entry point’ for investors
RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff — but it continued to fall along with most bank stocks Thursday.MarketWatch - Mar. 13 -
'I was afraid for my life': At the scene of the attack on Palestinian Oscar winner
The Palestinian Oscar winner's West Bank home was attacked by Israeli settlers. Ballal's co-director says his acclaim "does not help us on the ground".BBC News - 2d