Politicians Sound Off on Svb Investors after Bank Failure
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Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
AI is evolving and investors need to change with it. Here’s what to expect.
Understanding the shifting landscape is key.MarketWatch - Business -
Rooting for Trump to Fail has Made Millions for Investors Shorting His Stock
Diving into the former president's meme stock is not for the faint of heart, but day traders who laugh atTrump Media & Technology's financials are willing to take therisk.Inc. - Business - Donald Trump -
Hertz’s stock is having an awful week, and BofA adds to investors’ misery
Hertz’s stock continued its dive Friday toward yet another record low, after BofA Securities added to the rental-car company’s woes by recommending investors sell.MarketWatch - Business -
This New Startup Wants to Help Founders Find Angel Investors
Cherub, which aims to be a matchmaker for businesses and angel investors, raised $1.1 million to launch in March.Inc. - Business -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Hong Kong stock exchange fights to regain investors’ faith
New team faces steep challenge as high-profile listings sinkFinancial Times - World - Hong Kong -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial 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 - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - 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 -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
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 -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
Trump’s moaning about being forced off the campaign trail is nonsense
There really should be no legal obstacle to his giving the trial a pass and hitting the campaign trail, or luxuriating on the golf course at Mar-a-Lago.The Hill - Politics -
AutoAlign spins off from Armilla, launches AI security platform ‘Sidecar’
AutoAlign, an AI security solutions provider, spins off from Armilla, launches 'Sidecar' platform, and partners with KPMG to operationalize responsible AI practices for enterprises.VentureBeat - Tech -
Columbia’s ‘Gaza encampment’ becomes centre of US stand-off
Anti-Israel slogans echo across Ivy League quad as protests spread across the countryFinancial Times - Business -
Macron takes part in charity soccer game, showing off sporting prowess
French President Emmanuel Macron showed off his sporting prowess again --this time as Paris gears up to hold the Summer OlympicsABC News - Sports -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Some prospects may be better off not hearing their names called
Numbers from the last 20 years suggest players still on the board after the NFL Draft's third round might be better off going undrafted entirely.Yahoo Sports - Sports -
Reggie Bush's Heisman redemption and the fallacy of amateurism
Amateurism is dead. Even the self-important Heisman Trust knows it after Reggie Bush's reinstatement. Now it's the NCAA's turn to take a symbolic step.Yahoo Sports - Sports -
Photos of 2022 southern China floods passed off online as 2024 deluge
Yahoo News - World - China -
Windmill sails mysteriously fall off Paris' iconic Moulin Rouge cabaret
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.CBS News - Top stories -
Hamas's Hostage-Video Release Aims to Head Off Rafah Assault
Hamas is racing to prevent an imminent Israeli military operation in Rafah, ramping up an insurgency in Gaza and deploying its most decisive advantage—sympathy for dozens of hostages.The Wall Street Journal - World -
Biden campaign trolls Trump for golfing on day off from court
President Biden’s reelection campaign trolled former President Trump for golfing on his day off from court Wednesday. “We found out where Trump was. He was golfing. Not campaigning. Golfing,” Biden campaign spokesperson Ammar Moussa said in a ...The Hill - Politics - Joe Biden -
Bundestag extends mandate for surveillance mission off Libyan coast
Yahoo News - World -
Yankees claim Michael Tonkin off waivers from Mets
The Yankees have claimed right-handed reliever Michael Tonkin off waivers from the Mets, allowing the thrice-DFA'd reliever to remain in New York.Yahoo Sports - Sports - MLB -
Microsoft’s heavy bet on AI pays off as it beats expectations in second quarter
World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence. Profits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the second ...The Guardian - World -
Snap’s 2024 plans are showing signs of paying off, and shares soar 25%
Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more users and tries to strengthen its advertising business.MarketWatch - Business -
NatWest profits fall 27% as interest rate benefits fade
UK bank’s shares up nearly a third this year as lender moves on from scandal over closure of Nigel Farage’s accountFinancial Times - Business -
Several K Street giants kick off 2024 with record revenues
Several K Street lobbying shops posted record revenues last quarter as Congress moved massive spending bills, the Biden administration ramped up its regulatory agenda and clients set their sights on post-election policy priorities. Federal ...The Hill - Politics