Warren Dem Senators Urge Fed to Tighten Regulations for Some Big Banks
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Arizona House votes to repeal controversial 1864 abortion ban
The Arizona House voted on Wednesday to repeal the state's controversial 1864 abortion banABC News - Top stories - Abortion -
Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain
The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harmABC News - Tech -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Elizabeth Warren Calls for Crackdown on Crypto’s Role in Child Sexual Abuse
US senators have called for fresh scrutiny of crypto’s role in paying for child sexual abuse imagery online, a problem that they say has worsened.Wired - Tech -
Process raw materials in Africa, urges top environmentalist
Few economic and social benefits will come to Africans if processing is all done overseas, says Wanjira Mathai. Africa must take greater control in the industries it supplies with raw materials to lift its people from poverty and seize its own ...The Guardian - World -
10,000 council staff stuck on sick leave, say Lib Dems
NHS waiting lists must be urgently reduced so people can get back to work, the party argues.BBC News - Top stories -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - Business - Tiktok -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - World - Tiktok -
Say goodbye to your iPhone? Maybe, if antitrust regulators have their way
Make no mistake: Enforcing antitrust law and protecting consumers from large companies’ abuses is important. But it must be done carefully.The Hill - Politics -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Net neutrality restored as FCC votes to regulate internet providers
The FCC on Thursday restored rules to prevent broadband internet providers such as Comcast and AT&T from favoring some sites and apps over others — for instance, by slowing or blocking certain content or by offering higher speeds to customers ...ABC News - Tech -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - Business -
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal
London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned proposalFinancial Times - World -
Allies of bruised Spanish PM Sánchez urge him to stay on
Opposition warns of power vacuum as premier decries ‘harassment’ culminating in graft investigation into wifeFinancial Times - World -
Allies of bruised Spanish PM Sánchez urge him to stay on
Opposition warns of power vacuum as premier decries ‘harassment’ culminating in graft investigation into wifeFinancial Times - Business -
MEPs urged to fight far right as they head home to campaign for European elections
European parliament term ends with warnings about dangers of disinformation and authoritarian forces. The starting gun has been fired on the next European parliamentary elections with more than 600 MEPs departing Strasbourg urged to use their ...The Guardian - World -
Frank Field saw benefit in the Lib Dems. In this election year, Labour would be wise to do the same | Martin Kettle
The late elder statesman understood the need for a progressive realignment of British politics. That prize shouldn’t be lost. David Marquand and Frank Field, both of whom died this week, never sat on the Labour benches together. The professor of ...The Guardian - World -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.The New York Times - Business -
Biden speaks softly and carries a big diplomatic stick
Biden knows how to cultivate adversaries and preserve them by keeping mum on his work behind the scenes.The Hill - Politics - Joe Biden -
How big a threat to Humza Yousaf is a no-confidence vote?
How likely is the first minister to be ousted by a vote of confidence in the Scottish Parliament?BBC News - Top stories -
Hungary's Orbán urges European conservatives, and Trump, toward election victories at CPAC event
Hungary’s nationalist prime minister has called for right-wing forces to take power in upcoming European and U.S. elections, and expressed support for former President Donald Trump in his ongoing criminal trialABC News - World - Donald Trump -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Capital One-Discover merger comment period extended by Feds in move seen as routine
A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.MarketWatch - Business -
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
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 -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Business