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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 -
The Kremlin brands comments on Ukraine by France's Macron and Britain's Cameron as 'dangerous'
The Kremlin’s spokesman says recent statements by France’s president and Britain’s foreign secretary about the war in Ukraine are “dangerous” and will deepen international tension around the conflictABC News - World - Ukraine -
Republicans seek to revive Trump policy of branding foreign aid with US flag
A group of House Republicans is introducing an amendment to require U.S. foreign assistance to display the American flag, which would revive a Trump-era policy that was revoked by President Biden. The amendment is being led by GOP members of the ...The Hill - Politics - Donald Trump -
Where Is Xur Today? (May 3-7) Destiny 2 Exotic Items And Xur Location Guide
We're in the endgame now of Destiny 2's Lightfall era, and while you're probably hunting for a perfect Blast Furnace or Luna's Howl roll, you can also check in with everyone's favorite arms dealer this weekend for new Exotic gear. Here's where you ...GameSpot - Tech -
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 -
As Walmart Launches 1 New Brand, It's Now Reportedly Ditching Another. Here's Why
I can't see the name Walmart without thinking of Sam Walton. I wonder if younger shoppers imagine something different.Inc. - Business -
Mister Car Wash upgraded to overweight by JPMorgan while Driven Brands gets cut
Analyst says the “competitive tide shifting back” in the company’s favorMarketWatch - Business -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Labour hails big wins in England as Sunak holds on to Tees Valley victory
Victory in Tees Valley marked a bright spot in a grim night for the Tories, with Labour picking up councils and mayors.BBC News - Top stories -
Conservative Ben Houchen holds on as mayor in key Tees Valley race
Result provides glimmer of hope for Rishi Sunak in otherwise grim local election resultsFinancial Times - World -
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 -
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 -
Labour’s Claire Ward elected first mayor of East Midlands as Sunak gets boost in Tees Valley after Tory losses – live
Party source describes region as ‘beating heart of general election battleground’ as prime minister says Labour threw ‘lot of mud’. Local elections 2024: full council results for EnglandAnalysis: Blackpool verdict looks like electoral death ...The Guardian - World -
A Justice Department probe into TD Bank's internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.
A Justice Department probe into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.The Wall Street Journal - World