Leading Crypto Lender Traps Investors
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House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
Founder of Binance, World's Largest Crypto Firm, Sentenced to Four Months
Changpeng Zhao’s sentence was lighter than prosecutors had requested and the culmination of a multiyear U.S. investigation into crypto exchange Binance.The Wall Street Journal - World - Crypto -
Founder of Binance, World's Largest Crypto Firm, Sentenced to Four Months
Changpeng Zhao’s sentence was lighter than prosecutors had requested and the culmination of a multiyear U.S. investigation into crypto exchange Binance.The Wall Street Journal - World - Crypto -
A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of bitcoin money laundering.Wired - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
UK ‘not exciting’ for green investors, says former climate adviser
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhereFinancial Times - World - United Kingdom -
Theatre funds and mega-investors edge out ‘angels’ in thriving West End
Individuals can invest as little as a few thousand into productions, but flops are an eternal riskFinancial Times - Business -
UK ‘not exciting’ for green investors, says former climate adviser
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhereFinancial Times - Business - United Kingdom -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Coca-Cola and Pepsi face investors’ bubbling health concerns
Also in today’s newsletter, a new twist in the Science-Based Targets initiative dramaFinancial Times - World -
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.CNBC - Business - Federal Reserve -
Eli Lilly assures investors it can overcome the high-quality problem of too much demand
The world's most valuable drugmaker hiked its full-year sales and profit guidance, despite missing lighter-than-expected first-quarter revenue.CNBC - Business -
Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors
Recent inflation readings have come in hot, but commodity prices and other indicators seem to show signs of cooling.CNBC - Business -
Hedge funds are ‘dead as a doornail,’ says chairman of ultra-rich investors' club Tiger 21
Hedge funds are "dead" as an investment asset class among members of Tiger 21, a network of ultra-high net worth investors, said founder Michael Sonnenfeldt.CNBC - Business -
On TikTok, Potential Ban of App Leads to Resignation and Frustration
While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people.The New York Times - Tech -
Celebrities and Journalists Mix at Parties for White House Correspondents Dinner
In Washington, celebrities mixed with journalists and government officials at glittery parties before the annual White House Correspondents’ Association dinner.The New York Times - Lifestyle -
Why Success Can Lead to Innovation Blindness
The problem isn't your team--it's organizational mindsets and behaviors that cause us to overlook new opportunities.Inc. - Business -
Starbucks’ ‘grande headwinds’ lead to rare downgrades for the stock
Starbucks Corp. worse-than-expected quarter and grim predictions for the year brews a mix of discontent and hope on Wall Street.MarketWatch - Business -
Abreu and Criswell lead Red Sox to 4-0 win over Giants for major league-leading 6th shutout
Rookie Wilyer Abreu had a single, double and his first career triple, Cooper Criswell pitched five scoreless innings and the Boston Red Sox beat the San Francisco Giants 4-0 for their major league-leading sixth shutoutABC News - Sports - MLB -
NBA Playoffs: Evan Mobley comes up big with game-saving block to give Cavaliers 3-2 lead
The Cavaliers have the lead in NBA TV's favorite series.Yahoo Sports - Sports - NBA -
Hydrogen Offers Germany a Chance to Take a Lead in Green Energy
A subsidiary of ThyssenKrupp, Germany’s venerable steel producer, is landing major deals for a device that makes the clean-burning gas from water.The New York Times - Business -
Vaping tied to increased lead, uranium exposure risk: Research
Vaping by young people led to increased risk of lead and uranium exposure, according to a new study. The study, published Monday in the journal Tobacco Control, found that both people aged 13 to 17 who used e-cigarettes in timespans lasting six ...The Hill - Politics -
2024 Tony Awards: 'Stereophonic' and 'Hell's Kitchen' lead nominations
The nominees for Broadway's biggest prize were announced Tuesday, with "Stereophonic" and "Hell's Kitchen" receiving 13 nods each. Here's the full list of 2024 Tony nominations.Los Angeles Times - Entertainment -
Fantasy Baseball Waiver Wire: Ascending Jo Adell leads pickups
George Bissell examines Jo Adell's potential breakthrough, Taj Bradley's imminent return and Quinn Priester's streaming appeal in our latest batch of fantasy baseball pickups.Yahoo Sports - Sports - Fantasy Football -
Columbia, City College protests lead to nearly 300 arrests
Columbia University called in the NYPD and cleared protesters from campus, ending a pro-Palestinian encampment on the school's main lawn.CBS News - Top stories -
Skybound adds two top execs to lead entertainment expansion
Skybound Entertainment, the creator of mega-hit franchises like The Walking Dead and Invincible, has expanded its management team.VentureBeat - Tech -
Mbappé leads full-strength PSG at Dortmund in Champions League semifinal
Kylian Mbappé leads an attacking trio including Ousmane Dembelé and Bradley Barcola for Paris Saint-Germain as the French champions have a full-strength squad for the Champions League semifinal first leg at Borussia DortmundABC News - Sports - UEFA Champions League -
Johnson suggests he wants to lead GOP next Congress
Speaker Mike Johnson (R-La.) suggested this week that he wants to remain at the top of the GOP in the next Congress despite fierce pushback from conservatives who are furious with his leadership style and want him gone at the end of the term — or ...The Hill - Politics -
Mali Claims Death of Islamic State Terrorist Who Helped Lead Ambush in Niger
The West African country said it killed Abu Huzeifa, a commander in an Islamic State affiliate who was involved in a 2017 attack in neighboring Niger that killed American Green Berets and Nigerien forces.The New York Times - World -
Williams, Gilgeous-Alexander, lead OKC to a 97-89 Game 4 victory -- and sweep of the Pelicans
Jalen Williams highlighted a 24-point performance with a back-breaking 3 with three minutes left, and the Oklahoma City Thunder beat the New Orleans Pelicans 97-89 to complete a four-game sweep of their first-round playoff seriesABC News - Sports -
Broadway musical 'Hell's Kitchen' ties with the play 'Stereophonic' for a leading 13 Tony Award nominations each
Broadway musical 'Hell's Kitchen' ties with the play 'Stereophonic' for a leading 13 Tony Award nominations eachABC News - Entertainment -
'Hell's Kitchen' and 'Stereophonic' lead Tony Award nominations, 2 shows honoring creativity's spark
Two Broadway shows celebrating the origins of sonic creativity — the musical “Hell’s Kitchen” fueled by Alicia Keys songs, and the play “Stereophonic” about a ’70s rock band at the edge of stardom — each earned a leading 13 Tony Award nominations ...ABC News - Entertainment -
Vladimir Guerrero Jr.'s custom Jordan 1s lead MLB kicks of the week
From Vladimir Guerrero Jr.'s custom Jordan 1s to Jon Jay's Jordan 11s, check out the latest kicks of the week in the MLB.ESPN - Sports - MLB -
Vinícius Júnior leads Real Madrid to 2-2 draw at Bayern Munich in Champions League semifinal
Vinícius Júnior has scored twice for Real Madrid to draw 2-2 at Bayern Munich in the first leg of their Champions League semifinalABC News - Sports - UEFA Champions League -
Kremer pitches Orioles past Yankees for 4-2 victory that opens 1-game AL East lead
Dean Kremer pitched seven innings of two-run ball, Adley Rutschman extended his hitting streak to a career-best 11 games and the Baltimore Orioles defeated the New York Yankees 4-2ABC News - Sports - MLB -
Rockies become first to team to trail in opening 29 games, waste 5-run lead in 7-6 loss to Marlins
Dane Myers hit a game-winning single in the 10th inning as the Miami Marlins overcame a five-run deficit and beat Colorado 7-6, making the Rockies the first team since 1900 to trail in each of its first 29 gamesABC News - Sports - MLB -
DJ Stewart hits a 3-run homer to lead the Mets past the Cubs 4-2
DJ Stewart hit a tiebreaking three-run homer in the sixth inning to lift the New York Mets to a 4-2 win over the Chicago CubsABC News - Sports - MLB -
Tyrese Maxey saves Sixers from elimination with huge finish in OT win that cuts Knicks' lead to 3-2
Tyrese Maxey saved Philadelphia from elimination with seven points in the final 25 seconds of regulation, finished with 46 and led the 76ers to a 112-106 overtime victory over the New York Knicks in Game 5 of their first-round seriesABC News - Sports -
Rojas and Castellanos homer in the 9th, leading the Phillies to a 7-5 comeback win over the Angels
Johan Rojas hit a tiebreaking two-run homer in the ninth inning moments after Nick Castellanos’ tying shot, sending the Philadelphia Phillies to a 7-5 victory over the Los Angeles AngelsABC News - Sports - MLB -
Rantanen scores twice in the 3rd period to lead Avalanche past Jets 6-3 and into the 2nd round
Mikko Rantanen scored his first two goals of the playoffs in the third period, leading the Colorado Avalanche to a 6-3 victory over the Winnipeg Jets that clinched their opening-round playoff series in five gamesABC News - Sports - NHL