Latest in Previously Bearish Bank
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Here’s why Wall Street’s previously most bearish bank now sees the S&P 500 hitting 6,500 in 2025
Rate-cutting central banks and more AI-related spending should support U.S. stocksBusiness - MarketWatch - 3 hours ago -
Florida's takeover of the GOP is about to transform Washington
POLITICO reporters discuss what Florida’s takeover of the Republican Party means in a second Trump administration.Politics - Politico - Yesterday -
Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation
A Jefferies analyst thinks Palantir’s large base of retail-investor support “is a double-edged sword.”Business - MarketWatch - November 7 -
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Drunk animals far more common than previously thought, helping explain human love of alcohol
Alcohol — and animals who love to consume it — is far more common in the natural world than scientists once believed, a new study has found. Because ethanol — the kind of alcohol that forms from ...Politics - The Hill - October 30 -
Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems it can make.Business - CNBC - 6 days ago -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - October 29 -
The West Bank Is on the Edge of Economic Collapse
After over a year of war, the economy in the occupied West Bank is being choked off by restrictions on Palestinians’ movements in the territory, the cancellation of work permits in Israel and ...World - The Wall Street Journal - November 5 -
Harris phone banks on Election Day
Vice President Kamala Harris spent Election Day phone banking and thanking her staff at Democratic headquarters in Washington D.C. Nancy Cordes reports.Top stories - CBS News - November 5 -
HSBC’s investors should not bank on its latest overhaul
Grand global restructuring announcements have been all too familiar from the lender over the past decadeBusiness - Financial Times - October 29 -
Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Trump’s victory sets up traps for central banks
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off againWorld - Financial Times - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Deutsche Bank takes a bite out of Greggs
Wages up, margins downBusiness - Financial Times - November 8 -
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Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
The drama and farce of the Baker Street bank heist
In 1971, a group broke into a bank vault - but the plan was nearly brought down by a radio ham.Top stories - BBC News - November 17 -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 6 days ago -
What are banks doing with your financial data?
Your transactions reveal a lot about you as a person — it could be valuable informationWorld - Financial Times - 5 days ago -
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - Yesterday -
Senior UK bankers to receive bonuses faster under new rules
Bank of England proposes relaxation of restrictions dating from financial crisisBusiness - Financial Times - Yesterday -
Heritage Foundation: the rightwing ‘Project 2025’ think-tank banking on Trump
Republican candidate now seeks to distance himself from controversial group and its manifestoWorld - Financial Times - October 29 -
Petrol and food prices will fall thanks to oil glut, says World Bank
Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...World - The Guardian - October 29 -
Former bank boss in Latvia jailed for ordering killing of whistleblower
LPB Bank owner Mihails Ulmans sentenced to 15 years over hit on lawyer who suspected money-launderingBusiness - Financial Times - October 29 -
Deteriorating Loans Stress Regional Banks’ Office Building Portfolios
The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.Business - Inc. - October 29 -
JPMorgan Chase Sues Four Customers for Bank Fraud Seen in Viral TikToks
The people deposited fake checks and withdrew large sums from Chase ATMs, the lawsuits said.Business - The Wall Street Journal - October 29 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
Harvey Schwartz and Peter Mandelson quit Bank of London board
Departures including that of former chief executive Anthony Watson are the latest setback for troubled fintechBusiness - Financial Times - October 30 -
This bank account is paying 5.25% right now as interest rates surge
Big rises in yields in recent weeks are good for savers.Business - MarketWatch - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
Switzerland is now flirting with deflation, causing a dilemma for its central bank
Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.Business - CNBC - October 31 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - October 31 -
‘Not just a museum’: Kenya’s seed bank offers unexpected lifeline for farmers
Set up to conserve traditional seeds, the Genetic Resources Research Institute is now helping smallholders diversify with crops resilient to the rapid changes in climate. On a winding road in the ...World - The Guardian - October 31 -
Danske Bank Lifts Guidance After Net Profit Tops Hopes
The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.Business - The Wall Street Journal - October 31 -
Lebanon's detained former central bank governor faces new corruption charge
A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrantWorld - ABC News - October 31 -
Destructive Israeli Raid in West Bank Kills 5, Palestinians Say
The Israeli military said its soldiers had engaged in close combat in the Nur Shams area of the occupied territory.World - The New York Times - November 1
