Bank of Israel governor says judicial reform could hurt economy – reports
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'Europe could die,' France's Macron says as he calls for stronger defense and economic reform
President Emmanuel Macron appealed for stronger, more integrated European defenses and said the continent must not become a vassal of the United States.NBC News - Top stories -
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Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Middle East crisis live: it could take 14 years to clear Gaza Strip of rubble and unexploded bombs
War has left estimated 37m tons of debris in area, requiring years of work with ‘100 trucks’, says UN official. See all of our Israel-Gaza war coverageA premature Palestinian infant, rescued from her mother’s womb by an emergency caesarean section ...The Guardian - World -
Spain's prime minister says he will consider resigning after wife is targeted by judicial probe
Spanish Prime Minister Pedro Sánchez has denied corruption allegations against his wife but says he will consider resigning after a judicial investigation was launched into accusations by a right-wing legal platform that she used her position to ...ABC News - World -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Evening Report — Protests rock college campuses over Israel-Hamas war
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © Greg Nash / The Hill Protests rock college campuses over Israel-Hamas war Pro-Palestinian protests have roiled college campuses across the U.S. this ...The Hill - Politics - Israel -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.NBC News - Top stories -
Israel’s Invasion of Rafah Is All but Inevitable, Experts Say
Israel says an assault on Gaza’s southernmost city is vital to dismantling Hamas and has proposed evacuating civilians. But more than a million people have taken refuge in the city.The New York Times - World - Israel -
'Net Neutrality' Faces a Stiff Judicial Test
The revived rule likely violates the major questions doctrine.The Wall Street Journal - World -
AI could kill off most call centres, says Tata Consultancy Services head
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT groupFinancial Times - Business - Artificial Intelligence -
Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
‘Terminator’ creator James Cameron says AI could replace him — but not Schwarzenegger
Director says technology at some point will ‘write a script, direct a movie’Financial Times - Business -
Authorities in Togo are cracking down on media and the opposition, report says ahead of election
Amnesty International says authorities in Togo have repressed the media and prevented civilians from gathering to protest peacefullyABC News - World -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.CNBC - Business - Donald Trump -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Main Street isn’t saving and Wall Street isn’t shorting in an ‘Anything But Bonds’ bull market, says Bank of America
The U.S. government has spent $6.2 trillion over the last 12 months, and investors seemed to have noticed.MarketWatch - Business -
A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
Reform UK’s unusual structure with Nigel Farage in the middle
Farage insists he is not a politician — but within the rightwing populist party, he is kingmakerFinancial Times - World -
Reform UK’s unusual structure with Nigel Farage in the middle
Farage insists he is not a politician — but within the rightwing populist party, he is kingmakerFinancial Times - Business -
Frank Field, MP and welfare reformer, 1942-2024
Former UK labour minister eschewed tribalism and held out the promise of a more collaborative style of politicsFinancial Times - World -
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The Latest | Israeli drone strike kills 2 in Lebanon after Hezbollah fires at an Israeli convoy
Lebanon’s state-run National News Agency says an Israeli drone strike on a car in the eastern part of the country has killed two peopleABC News - World - Israel -
Middle East Crisis: U.S. Won’t Suspend Aid, for Now, to Israeli Unit Accused of Abuses
Secretary of State Antony J. Blinken said the United States is working with Israel to address charges against the unit, which has been accused of human rights violations in the West Bank.The New York Times - World - Israel -
‘Political arrest’ of Palestinian academic in Israel is civil liberties threat, say lawyers
Prof Nadera Shalhoub-Kevorkian’s legal team and employer speak out after arrest over podcast comments. The arrest and interrogation of a leading Palestinian legal scholar based at the Hebrew University of Jerusalem marks a new threat to civil ...The Guardian - World - Israel -
Schumer Says Bill to Aid Ukraine and Israel Shows Congress Isn’t Broken
The majority leader says the measure to help Ukraine and other recent bipartisan efforts show there is a path to success on Capitol Hill. But deep partisan differences and institutional problems remain.The New York Times - Top stories - Ukraine -
Weinstein conviction overturned by New York high court, citing judicial error
New York's highest court overturned Harvey Weinstein's 2020 rape and sexual assault conviction Thursday, ruling the judge who presided over the case made "egregious errors" in the watershed trial. In a 4-3 decision, the state Court of Appeals said ...The Hill - Politics - New York -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
AI could kill off most call centres, says Tata Consultancy Services head
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT groupFinancial Times - World - Artificial Intelligence -
Trump immunity case takeaways: Worry over lawlessness or hobbling POTUS dominates
The Supreme Court heard a historic case on whether Trump has immunity or can be criminally prosecuted over his efforts to overturn his 2020 election lossABC News - Top stories - Donald Trump -
Ukraine Could Use Long-Range ATACMS to Hit Russian Targets in Crimea, U.S. Says
The goal for a recent delivery of ATACMS, a coveted long-range missile system, is to put more pressure on Russian forces in eastern parts of occupied Ukraine.The New York Times - World - Ukraine