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Wembanyama voted unanimous Rookie of Year
Victor Wembanyama was named the NBA's Rookie of the Year on Monday, garnering all 99 first-place votes to become the sixth unanimous winner in the last 40 years.ESPN - Sports -
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Pritzker, Johnson face test with Chicago convention
Illinois Gov. JB Pritzker and Chicago Mayor Brandon Johnson will face a test this summer with the Democratic National Convention, which protesters of the Biden administration’s handling of Israel’s war with Hamas are already targeting. The success ...The Hill - Politics -
Police Arrest Dozens in Protest at Art Institute of Chicago
The Chicago police said that 68 people had been arrested and charged with trespassing.The New York Times - Top stories -
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 -
Missouri man charged in 1966 killing in suburban Chicago, based on DNA evidence
A 79-year-old Missouri man is accused of killing a woman in suburban Chicago.ABC News - Top stories -
LOOK: Chicago fans shower Bears' Caleb Williams with cheers at Cubs game
Williams is already a hit in the Windy CityCBS Sports - Sports -
Chicago high school sees 100% of its grads accepted to college
This marks the 11th year in a row that that every member of the graduating class at Southland College Prep Charter High School in suburban Chicago has been admitted to college. Noel Brennan explains the school's streak of academic excellence.CBS News - Top stories -
College protests updates: Police arrest dozens at Art Institute of Chicago
Protests have broken out at colleges and universities across the country in connection with the war in Gaza.ABC News - Top stories -
University of Chicago’s Pro-Palestinian Encampments Test Commitment to Free Speech
The president has allowed protest encampments. But they have also disrupted campus life, and he wants the tents down.The New York Times - Top stories -
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Chicago Sky rookies Kamilla Cardoso, Brynna Maxwell to miss start of season
The Chicago Sky have been dealt a pair of blows ahead of the start of the regular season, as they’ll be without rookies Kamilla Cardoso and Brynna Maxwell for several weeks.Yahoo Sports - Sports -
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 -
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 -
Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility
Senior monetary official says central bank prepared to do more after intervening to shore up rupiahFinancial Times - World -
Citi sees ‘coiled spring’ for bank stocks, with Hancock Whitney in the spotlight
Citi analyst Ben Gerlinger sees bank stock as “attractive” for significant gains over the summer.MarketWatch - Business -
UBS Stock Rallies After Bank Swings Back to Profit
Earnings remain center stage with no major economic data scheduled in coming days. Walt Disney is expected to announce its results later today.The Wall Street Journal - World -
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS shares surged 8% on Tuesday as the bank outstripped analysts’ expectationsMarketWatch - Business -
Kamilla Cardoso injury: Chicago Sky rookie out with shoulder injury, expected to miss 4-6 weeks
Cardoso played 13 minutes prior to getting injuredCBS Sports - Sports -
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 -
Island's only shop saved from closure after bank returns £12k stolen in fraud
Cyber criminals stole thousands from Rathlin's Co-Op Shop, putting its future in doubt.BBC News - Top stories -
TD Bank’s stock drop on money-laundering probe overblown says KBW analyst, but Jefferies is not so sure
Jefferies cuts TD’s price target on fears of a “lost decade” while KBW reiterates outperform rating in more bullish stance.MarketWatch - Business -
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.CNBC - Business -
European banks need more than fear of missing out to perform from here
Europe’s lenders have yet to shake off a deserved reputation for unforced errorsFinancial Times - Business -
Australia’s central bank says higher inflation could push rate cuts to 2025
RBA raises forecast for price growth in hawkish shift as global central banks pivot to higher-for-longer ratesFinancial Times - World - Australia -
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