World Bank Warning Adds
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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 -
Chargers add WR DJ Chark
Veteran receiver DJ Chark has another new home.Yahoo Sports - Sports - NFL -
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 -
Biden adds carveout to EV credit restrictions
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Biden issues flexible guidance for EV components The Biden administration granted leeway for qualifying for electric vehicle ...The Hill - Politics - Joe Biden -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
US economy adds 175K jobs in April, falling short of expectations
The U.S. economy added 175,000 jobs and the jobless rate ticked higher to 3.9 percent in April, according to Labor Department data released Friday. After several hotter-than-expected jobs reports, April's employment gains fell short of economists’ ...The Hill - Politics -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
US adds 175,000 April jobs as hiring slows and unemployment stays steady
April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong. Hiring in the US slowed in April with the workforce adding another 175,000 jobs and wage growth slowing.. The news cheered ...The Guardian - World -
Bills add wide receiver Claypool on 1-year deal
The Bills have added wide receiver Chase Claypool on a one-year deal.ESPN - Sports - NFL -
Add More Star Wars To Fortnite With New Twitch Drops For May The Fourth
Fortnite is going all-in on May the Fourth this year with new Star Wars crossover characters, quests, and items. But in addition to all the in-game stuff you have to pay for or play to earn, you can also get a a few free digital goodies as Twitch ...GameSpot - Tech -
Report finds Nestlé adds sugars to baby food in low-income countries
A recent report alleges that Nestlé adds sugars and honey to some of its baby cereal and formula in lower-income countries, while products sold in Europe and other countries are advertised with “no added sugars.”NBC News - Top stories -
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 -
Singleton homers, Altuve adds 3 hits as Astros take series with 8-2 win over Guardians
Jon Singleton homered and had three RBIs and Jose Altuve added three hits to lead the Houston Astros to an 8-2 win over the Cleveland GuardiansABC News - Sports - MLB -
Bills sign veteran Chase Claypool to one-year contract as team adds to revamped WR corps
Claypool has become a journeyman after logging a productive rookie seasonCBS Sports - Sports -
Apex Legends Season 21's Alter Was Not An Easy Character To Add To The Battle Royale
Apex Legends Season 21 is right around the corner, kicking off next week. The new season introduces the first major map update to Broken Moon, reintroduces Solos mode, and also adds a brand-new playable legend, Alter. The mischievous, ...GameSpot - Tech -
The Premier League Title Race the Whole World Is Watching
A three-team race is deciding this year’s Premier League champion. The competition’s global reach means a significant portion of the world’s population is following along.The New York Times - World -
How the NWSL became the world’s most innovative league
League commissioner Jessica Berman talks ballooning franchise values, the merits of expansion and reducing injuriesYahoo Sports - Sports -
Jerry Seinfeld, ‘Hacks,’ and the Future of Comedy in a Digital World
Jerry Seinfeld thinks “PC crap” is ruining comedy. Hacks proves him wrong.Wired - Tech -
Around-the-world cruise staff member missing at sea
The ship is reversed to retrace its route after a crew member fails to turn up for work.BBC News - Top stories -
How Does the World See the U.S. Campus Protests?
Abroad, some have praised the demonstrations. Others call the crackdowns evidence of American hypocrisy, or of a nation coming apart.The New York Times - 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