Latest in Owned Bank China
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CFPB announces rule limiting bank overdraft fees
The CFPB says the rule will save American consumers $5 billion annually.CNBC - 1h -
Some Democrats want to thaw their frosty relationship with Elon Musk
Democrats had soured on the richest man on the planet. But a few are starting to wonder if that was a mistake.Politico - 5h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 20h -
FIFA Bends Own Rules to Give Saudi Arabia 2034 World Cup
Critics objected to the bidding process, and human rights groups raised concerns about workplace safety for the migrants who will build the stadiums needed to host the event.The New York Times - 20h -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 21h -
Why, in his own words, Hegseth is an unqualified candidate for secretary of Defense
The nomination of Peter Hegseth as secretary of Defense represents a clear and present danger to America's national security.The Hill - 22h -
These Nuns Were Excommunicated but Won’t Leave Their Convents
The Poor Clares of Belorado, in northern Spain, are digging in their heels in a battle of wills over real estate with the Catholic Church.The New York Times - 1d -
Inside Salt Lake City's booming banking industry
CNBC takes viewers on a deep dive into Salt Lake City's booming industrial banking sector.CNBC - 1d -
Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption
Chinese official broadcaster CCTV says a former chairman of the state-owned bank China Everbright Group has been jailed 12 years for embezzlement and briberyABC News - 2d -
Denmark's Nykredit to Buy Spar Nord Bank
Danish financial services group Nykredit will make a cash bid for Spar Nord Bank in a deal that values the Danish bank at around $3.5 billion.The Wall Street Journal - 2d -
Nvidia Faces Antitrust Investigation in China
The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.The New York Times - 2d -
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China launches antitrust probe into Nvidia
Move comes as tensions deepen between Washington and Beijing over development of AIFinancial Times - 3d -
How to Keep Your Own Soul Safe in the Dark
Even at my lowest, I have never entirely given up my faith that good people working together can change the world for the better.The New York Times - 3d -
Oregon Is an Undefeated Juggernaut Authoring Its Own History
The Ducks became the first expansion team to win the Big Ten in 129 seasons, a columnist for The Athletic writes.The New York Times - 3d -
China Forex Reserves Climbed in November
China’s foreign-exchange reserves unexpectedly edged up in November, despite a weaker Chinese yuan against the U.S. dollar amid tariff threats from the impending second Trump administration.The Wall Street Journal - 5d -
The Cryptocurrency You May Not Even Know You Own
Many funds hold stakes in MicroStrategy, which behaves like Bitcoin’s wilder cousin. This may not be what you want in your retirement portfolio, our columnist says.The New York Times - 5d -
Fallout London Mod Will Get Its Own DLC
Fallout 4 arrived nearly a decade ago, and it's anyone's guess when Fallout 5 will be released. Thankfully, the fan developers at Team Folon took it upon themselves to create Fallout London , ...GameSpot - 6d -
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdensFinancial Times - 6d -
S Korea president ordered arrest of own party leader
The head of President Yoon's party called for his suspension in a sign it may back moves to impeach him.BBC News - 6d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 6d -
How Trump Targeted Undecided Voters Without Breaking the Bank
The Trump team had a huge financial disadvantage. It made up for it with a strategy that allowed it to narrow the focus of its ad dollars.The New York Times - 6d -
Harris's next role should be raising funds for a Black reparations bank
While Democrats tend to promote broad-based economic policies that “lift all boats,” the Black community needs targeted programs to make up for lost ground.The Hill - 6d -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - 6d -
Google’s AI NotebookLM Project Leaders Leave to Launch Their Own Startup
The AI business is so hot that many employees at large, successful AI firms are leaving and trying their own startups in a healthy funding climate.Inc. - 6d -
9 Best MagSafe Power Banks for iPhones (2024), Tested and Reviewed
Keep your iPhone topped up with one of these WIRED-tested MagSafe portable chargers.Wired - 6d -
Trump team plans to deport some migrants to countries other than their own
The incoming Trump administration is preparing a list of countries to which it may deport migrants when their home countries refuse to accept them.NBC News - Dec. 5 -
Is the Biden-era blockade on US bank M&A finally over?
Investors and advisers prepare for consolidation among country’s thousands of regional lendersFinancial Times - Dec. 5 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Husband of UK royal took own life after ‘adverse effects of medication’
Coroner says evidence suggests Thomas Kingston, who was married to Lady Gabriella, had a ‘lack of suicidal intent’. The son-in-law of Prince and Princess Michael of Kent killed himself after ...The Guardian - Dec. 3 -
The Woman Behind Ballerina Farm, Hannah Neeleman, Makes Her Own Path
Her picture-perfect life as a Mormon farm wife has made Hannah Neeleman a social media star and a cultural lightning rod.The New York Times - Dec. 3 -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
The Politics Behind the Biden Pardon: ‘Look Out for Your Own’
While the pardon is legal, the rule of law isn’t maintained by merely keeping to the letter of the law.The New York Times - Dec. 3 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2 -
How Many Black Pants Should I Own?
A reader asks about the ideal number of black pants to own. Our fashion critic provides guidance on how many essential wardrobe pieces one should have.The New York Times - Dec. 2