Powell Says Banking System Is Sound Following Svb Collapse
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The Fed's Powell affirmed the central bank's wait-and-see stance on interest rates, which remain at their highest level in more than 20 years.
The Fed’s Powell affirmed the central bank’s wait-and-see stance on interest rates, which remain at their highest level in more than 20 years.The Wall Street Journal - World -
Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.CNBC - Business -
Powell says he expects inflation to move down but isn’t completely confident in this forecast
Federal Reserve Chair Jerome Powell said Tuesday that he sees inflation retreating in the coming months.MarketWatch - Business -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
Bumble Is Removing Anti-Celibacy Ads Following Backlash
The company was accused online of undermining daters’ freedom of choice.The Wall Street Journal - Business -
Can banks really fix the climate crisis?
New research suggests that their green commitments are not paying off yetFinancial Times - Business - Climate -
Chinese Shares Broadly Lower; Investors Digest Higher U.S. Tariffs
Chinese shares were broadly lower, dragged by semiconductor and auto stocks.The Wall Street Journal - World -
Billboard that collapsed in Mumbai storms killed at least 14 and injured 75
A large billboard that collapsed amid raging thunderstorms in Mumbai killed at least 14 people and injured 75 others, reports said on TuesdayABC News - World -
Billboard that collapsed in Mumbai storms killed at least 14 and injured 75
Yahoo News - World -
We need policy solutions to address the collapse of the media industry
When faced with emergencies in public health, in public safety and in public education, Americans have responded with measures proportionate to the challenges at hand. Such a moment has arrived for the public-information systems on which our ...The Hill - Politics -
'Trapped in hell' under collapsed building but pulled out alive
Yahoo News - World -
Mike Pence Sought Public Funds as 2024 Presidential Bid Collapsed
The former vice president found little traction in his campaign and still had more than $1.3 million in unpaid bills at the end of March.The New York Times - Top stories -
Curfew Imposed in New Caledonia Following Protests Over Constitutional Change
The unrest was set off by a plan to let more French citizens vote in the territory, which independence activists say would water down their movement.The New York Times - World -
Follow live: Nuggets host Timberwolves in vital Game 5
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Safra private bank assembles new dealmaking team for ultra-rich clients
J Safra Sarasin taps BoA and Goldman Sachs as it looks to expand into advising on M&A and equity capital raisesFinancial Times - Business -
Right-wing Israelis block aid to Gaza coming from the West Bank
Yahoo News - World - Israel -
'ChiefsAholic,' superfan imprisoned for bank robbery, to be featured in upcoming documentary produced by Drake
Yes, you read that rightCBS Sports - Sports -
Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.The New York Times - Business -
China's Central Bank Holds Key Policy Rates Steady
The People’s Bank of China held key policy rates steady, a move that could preface a hold on benchmark lending rates later this month.The Wall Street Journal - World - China -
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers' Association in Amsterdam.CNBC - Business - Federal Reserve -
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook.The Wall Street Journal - World - Federal Reserve -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
Collapsing billboard kills 3 and hurts 59 in heavy rains in Mumbai. Scores might be trapped
Yahoo News - World -
Ship that caused Baltimore bridge collapse lost power twice before slamming into pillar, NTSB finds
Two blackouts triggered by the unexpected tripping of electrical breakers caused a container ship to slam into Baltimore's Francis Scott Key Bridge in March, sending it tumbling into Baltimore Harbor and killing six people, federal investigators ...NBC News - Top stories -
Ship that caused Baltimore Key bridge collapse suffered two electrical blackouts: NTSB
The ship that caused the collapse of the Francis Scott Key Bridge in Baltimore experienced two blackouts before it hit the bridge, according to a new preliminary report from the National Transportation Safety Board (NTSB). The report, released ...The Hill - Politics -
Ship in Baltimore bridge collapse lost power hours before leaving port - report
Cargo ship experienced electrical outage 10 hours before departing then lost power again before collision, preliminary report says. Investigators examining the March collapse of the Francis Scott Key Bridge in Baltimore said in a preliminary ...The Guardian - World -
Grief, anger after '9-1-1' grip dies in car crash following 14-hour overnight shift
A longtime and beloved studio grip died early Saturday in a car accident after pulling a 14-hour overnight shift on the TV series '9-1-1.'Los Angeles Times - Entertainment -
Kodai Senga update: Mets ace to throw bullpen session on Wednesday following mechanical tweak
The righty has yet to pitch in the majors this seasonCBS Sports - Sports -
Former Michigan QB Denard Robinson no longer part of Wolverines staff following OWI arrest
Robinson had been employed by the team since 2022.Yahoo Sports - Sports - NFL -
Former Michigan star QB Denard Robinson no longer member of Wolverines staff following OWI arrest
The former All-American QB joined Michigan's coaching staff in 2022CBS Sports - Sports -
Hong Kong risks losing last traces of autonomy from Beijing following UK spy probe
Yahoo News - World - United Kingdom -
How defending Super Bowl champions fared the following NFL season: Week 1 result, overall record
A look at how Super Bowl champions open the next season to defend their titleCBS Sports - Sports - NFL -
Jasson Domínguez injury update: Yankees prospect starts rehab assignment following Tommy John surgery
Domínguez had elbow surgery last Sept. 20CBS Sports - Sports - MLB -
WATCH: Illinois high school students hire bagpiper to follow principal in senior prank
Students at an Illinois high school played a very loud senior prank on their principal: They hired a bagpiper to follow him around campus for an hour.ABC News - Top stories -
The Dali containership lost power several times in the hours before it crashed into and caused the collapse of Baltimore's Francis Scott Key Bridge, an NTSB report said.
The Dali containership lost power several times in the hours before it crashed into and caused the collapse of Baltimore’s Francis Scott Key Bridge, an NTSB report said.The Wall Street Journal - World -
China’s SMIC warns of fiercer price war for less advanced chips
Demand in second half of year still ‘uncertain’, says top Chinese semiconductor makerFinancial Times - World - China -
Vermin on planes and staff walkouts: Air India’s woes build as Tata pursues overhaul
Labour dispute tests conglomerate’s plan to turn round airline two years after taking it overFinancial Times - World -
News updates from May 14: Anglo American to break itself up; Powell hints at rates staying high
Financial Times - World