The Fed Has the Rules to Regulate Banks Why Weren T They Enforced
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Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Why is Congress slashing funding for antitrust enforcement that protects consumers?
Despite its limited resources, the DOJ Antitrust Division under Biden has proven unwavering in its fight against anti-competitive behavior. And as the Antitrust Division takes on emerging monopolistic threats, such as in artificial intelligence ...The Hill - Politics -
UK regulator warns ‘finfluencers’ to adhere to advertising rules
FCA says those who flout rules around financial promotions face potential criminal prosecutionFinancial Times - World - United Kingdom -
AI risk management startup ValidMind raises $8.1M to help banks comply with regulations
ValidMind, a regulatory compliance platform for AI risk management at banks, raises $8.1 million in seed funding to automate model validation and documentation.VentureBeat - Tech - Artificial Intelligence -
Government's failure to find a lasting solution to immigration enforcement at the southern U.S. border has led to a chaotic status quo that threatens a range of domestic goals.
Government’s failure to find a lasting solution to immigration enforcement at the southern U.S. border has led to a chaotic status quo that threatens a range of domestic goals.The Wall Street Journal - World -
TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalled
TikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stakeABC News - Tech - Tiktok -
Cook says Fed has to move carefully before cutting interest rates
Federal Reserve Gov. Lisa Cook on Monday said the central bank needs to take a “careful approach” in deciding when to cut interest rates, but she gave few clues on the timing or size of any reductions.MarketWatch - Business - Federal Reserve -
Why a Fed rate cut in June is not yet a done deal
An interest-rate cut at the Federal Reserve’s June meeting, though now widely expected, should not be viewed as decision that has already been made, Fed watchers say.MarketWatch - Business - Federal Reserve -
Canada's Poor Productivity Has Reached Emergency Status, Senior Central Bank Official Says
Bank of Canada’s senior deputy governor, Carolyn Rogers, warns that a turnaround is urgently needed to protect the economy from future bouts of inflation.The Wall Street Journal - World -
Ethiopia's biggest bank says it has recouped most of the cash lost during a system glitch
Ethiopia’s biggest bank says it has recouped nearly 80% of the cash it lost during a system glitch that allowed customers to take out more money than they had in their accountsABC News - World -
Rationed food kept Cubans fed during the Cold War. Today an economic crisis has them hungry
María de los Ángeles Pozo used to get a little notebook laying out her family’s rations in Cuba’s subsidized neighborhood storesABC News - World - Federal Reserve -
'The Fed has made two major mistakes in its history,' expert says. Here's how those affect policy today
As the Federal Reserve prepares to lower interest rates, the central bank is being particularly careful about not repeating past mistakes, experts say.CNBC - Business -
Aussie Rules football denies it has a cocaine problem
An MP accused the Australian Football League of helping players avoid detection by faking injuries.BBC News - Top stories -
Poland's ruling coalition wants the central bank chief tried in court over hurting state interests
Lawmakers with Poland’s ruling pro-European Union coalition have launched a rare process to bring the central bank chief before a special court on allegations of acting against the country’s financial interestsABC News - World -
Poland's ruling coalition wants the central bank chief tried in court over hurting state interests
Yahoo News - World -
March Madness 2024: How to get your 2024 NCAA On Court Bench T-shirts and Sweet 16 T-shirts
March Madness is here and so are special edition shirts. Here's how to get your On Court Bench or Sweet 16 T-shirt.CBS Sports - Sports -
Why Donald Trump Has Started Likening Himself to Al Capone
Why does the former president keep talking about Al Capone?The New York Times - Top stories - Donald Trump -
Why Reid believes 49ers QB Purdy has things ‘under control'
Chiefs coach Andy Reid explained why he believes 49ers QB Brock Purdy has things 'under control' after facing him in Super Bowl LVIII.Yahoo Sports - Sports - NFL -
Why has LinkedIn become so weird? | Coco Khan
It is now used as a full social network – and is changing how we think about our identities and accomplishments. Time for us all to be a lot more honest .... A friend recently asked me to help her look for a job. She wanted help writing a cover ...The Guardian - World -
Disney’s stock has soared this year. Why this new bull says the rally has legs.
Disney is in the midst of a turnaround that could continue driving earnings improvement, according to Barclays.MarketWatch - Business -
Harris says US has not ruled out 'consequences' if Israel invades Rafah
Kamala Harris suggested there could be "consequences" for Israel if it moves ahead with a Rafah invasion in Gaza, as Netanyahu plansABC News - Top stories - Israel -
Law enforcement raids Sean 'Diddy' Combs's properties
The reason for the raids is unclear, but the hip-hop mogul has recently faced sexual misconduct allegations.BBC News - Top stories -
Why did the NFL change the kickoff rule and how will it be implemented?
NFL owners were busy this week, approving a series of rule changes that address player safety, overhaul the kickoff and expanding the use of instant replayABC News - Sports - NFL -
Chris Paul says 'TikToker' referee Tony Brothers has too much power and that's why Warriors star was ejected
Paul was tossed from the Warriors' loss to the Pacers on FridayCBS Sports - Sports - NBA -
Why have earnings fallen over the last two years while the economy has grown?
My monthly review of stock market valuation indicatorsMarketWatch - Business -
Why a small China-made EV has global auto execs and politicians on edge
The China-built BYD Seagull, a small all-electric hatchback that starts at less than $10,000, is having a big impact on the global automotive industry.NBC News - Top stories -
Free lunches, brain breaks and happy teachers: why Estonia has the best schools in Europe
How did a small, relatively poor country become an educational powerhouse? Creativity, autonomy and a deep embrace of the digital age. Today’s subject in the sci-fi class at Pelgulinna State Gymnasium is Blade Runner. Thursdays are “voluntary” ...The Guardian - World -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Celebrate Caitlin Clark's 2024 NCAA March Madness run with her 'never a long shot' Nike T-Shirt
Nike released a T-shirt to celebrate Iowa Hawkeyes' Caitlin Clark breaking the NCAA all-time scoring record.CBS Sports - Sports -
NFL approves change to enforcement of penalties on plays resulting in a change of possession
The approval of a ban on hip-drop tackles will be the headline on rules changes at this year's league meeting, but the league also approve a change to how fouls are enforced on plays resulting in a change of possession.Yahoo Sports - Sports -
Sean "Diddy" Combs' LA, Miami homes raided by law enforcement
Law enforcement agents on Monday raided the Los Angeles and Miami homes of rapper and producer Sean "Diddy" Combs. The raids may be related to an ongoing sex trafficking investigation, U.S. officials said. Carter Evans reports.CBS News - Top stories -
Will an Apple-Google AI partnership get past regulators?
Any deal — especially one involving AI — will capture the attention of federal and state lawmakers, the Biden administration, consumer-privacy advocates and government regulators.MarketWatch - Business - Google -
U.S. Regulators Urge Congress to Look Into Grocery Profits
Antitrust concerns among the biggest chains date back to pandemic-era supply chain issues.Inc. - Business -
Chemours Responds to Regulators, Prosecutors About Internal Audit
In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.The Wall Street Journal - World -
Cordarrelle Patterson signing with Steelers: Why new kickoff rules could unleash former All-Pro return man
Patterson signed in the wake of new rule changes for kickoffsCBS Sports - Sports -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
TikTok’s threat to America is in a category by itself, it must be heavily regulated
TikTok should be heavily regulated, just like any product that is simultaneously fun and bad for you.The Hill - Politics -
Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets
European Union regulators have opened investigations into Apple, Google and Meta, in the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets that took effect earlier this monthABC News - World