Before Collapse of Silicon Valley Bank the Fed Spotted Big Problems
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In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Manchester City turn up heat on title rivals before big weekend: football news – live
Premier League: 10 things to look out for this weekendSign up for Football Daily | And send Dominic an emailHere are 10 things to talk about with your mates while watching the football this weekend.. What else is dominating the headlines today? ...The Guardian - World -
WATCH: Tourists flock to see Death Valley in bloom
Gorgeous fields of wildflowers are taking over California with bright yellow daisies even popping up in Death Valley, the driest and hottest place in America.ABC News - Top stories -
Watch Rickie Fowler ace the third hole at Pine Valley
Fowler's hole-in-one was recorded while he was playing with Justin Thomas at the top-ranked club.Yahoo Sports - Sports -
Spacecraft spots "spiders" scattered across surface of Mars
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.CBS News - World -
Stocks pare losses on Thursday with help of these bright spots
Semiconductors, carmakers and gains in other sectors helped limit stock-market losses on ThursdayMarketWatch - Business -
Vikings move up one spot for J.J. McCarthy
Minnesota makes its highest pick ever on a QB, getting McCarthy at 10th overall.Yahoo Sports - Sports - NFL -
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 -
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 -
Police 'missed opportunities' before Belfast murder
Police Ombudsman investigation finds PSNI failure to link Jim Donegan to intelligence about an unnamed threat.BBC News - Top stories -
2024 NFL Draft: Dream fantasy football landing spots for top rookies
With the 2024 NFL Draft nearly here, fantasy football analyst Matt Harmon plays matchmaker for the top prospects at each position.Yahoo Sports - Sports - Fantasy Football -
Mount Fuji view to be blocked as tourists overcrowd popular photo spot
Fujikawaguchiko town official says choice to erect huge barrier is ‘regrettable’ and last resort. A huge barrier to block views of Mount Fuji will be installed at a popular photo spot by Japanese authorities exasperated by crowds of badly behaved ...The Guardian - World -
Moulin Rouge windmill sails collapse in Paris
Blades of famous cabaret venue, home of the French can-can, fall from roof overnight. The home of the high-spirited French can-can has been laid temporarily low after the sails of the red-painted windmill on top of the Moulin Rouge, the most ...The Guardian - World - France -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
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 -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some former Trump administration officials argue that the president could help set interest rates and oust Jerome Powell as Federal Reserve chair.The Wall Street Journal - World - Donald Trump -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - World - Federal Reserve -
Why you should get a home equity loan before May
If you're thinking about getting a home equity loan, you may want to do so before May. Here's why.CBS News - Top stories -
What’s going on with the Houston Astros? And can they turn it around before it's too late?
Injuries to the rotation, underperformance from the bullpen and bad luck on offense have sunk the Astros to last in the AL West.Yahoo Sports - Sports -
Fauci to testify before Congress for the first time since stepping down
Anthony Fauci, former chief medical adviser to President Biden, will testify before the House Select Subcommittee on the Coronavirus Pandemic on June 3, making it the first time he will appear before a congressional panel since leaving government ...The Hill - Politics -
Venice Access Fee: What to Know Before Your Day Trip
Venice is trying to mitigate overtourism with a small fee on busy days. City leaders hope it will make visitors more aware of the city’s fragility.The New York Times - World -
Noncompete Clauses: What They Are and What to Know Before Signing an Agreement
The FTC has issued a plan to ban noncompete clauses. Here’s what you need to know about them—and what to keep in mind before signing an agreement.The Wall Street Journal - Business -
Venice Access Fee: What to Know Before Your Day Trip
Venice is trying to mitigate overtourism with a small fee on busy days. City leaders hope it will make visitors more aware of the city’s fragility.The New York Times - Top stories -
3 long-term care insurance moves to make before you're 75
Are you a senior considering long-term care insurance? Here are three strategic moves to make before you're 75.CBS News - Top stories -
15 Things You Need To Know Before Playing Stellar Blade
Stellar Blade is all about exhilarating sci-fi action starring a tough heroine, Eve, who's tasked with helping reclaim Earth. With humanity on the verge of total collapse, and countless monsters known as Naytiba, it's up to you to aid Eve on her ...GameSpot - Tech -
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 -
2024 Porsche Macan: A Big Step in EV Tech
The all-electric successor to the Macan compact SUV, the most popular model in Porsche’s lineup, is built on an upgraded EV platform—and now feistier than ever.The Wall Street Journal - World