Central Banks Take Swift Action to Keep Cash Flowing Amid Investor Fears
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A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
ETF flows in first quarter reflect investor hopes for ‘soft landing’
For this week’s ETF Wrap, I caught up with State Street’s Michael Arone to talk about flows and performance this month and quarter — as well as risks to his soft-landing outlook.MarketWatch - Business -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
Polish central bank chief seeks truce with Tusk over ‘idiotic’ accusations
Adam Glapiński insists he did not abuse his powers in bid to keep Law and Justice party in powerFinancial Times - World -
India must avoid the mistakes of China and Big Tech to keep attracting investors
Recognizing its financial and political clout and adapting accordingly is the key to India’s continued growth.MarketWatch - Business - China -
The bitcoin halving is near. Here’s one thing for investors to keep in mind.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Business -
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 -
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 -
Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.CNBC - Business -
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 -
The S&P 500 and Wall Street’s ‘fear gauge’ are both up in 2024. Should investors be worried?
Something unusual happened in the stock market this quarter: Both the S&P 500 and Cboe Volatility Index, better known as the Vix, rose.MarketWatch - Business -
Lebanon's displaced celebrate Ramadan amid fears that border conflict might become the 'new normal'
About 60 families are celebrating the Islamic holy month of Ramadan at an abandoned hotel in southern Lebanon, far from their homesABC News - World -
Should we pay cash for a $900,000 dream retirement home or take out a 6.5% mortgage?
When borrowing costs are high, cash deals can be enticing — but they can also eat up a nest egg.MarketWatch - Business -
Jack Daniel's Flowed During the Pandemic. Now Comes the Hangover.
Sluggish sales of the biggest American whiskey brand reflect shifts in consumer spending and how people consume alcohol.The Wall Street Journal - World -
Jack Daniel's Flowed During the Pandemic. Now Comes the Hangover.
Sluggish sales of the biggest American whiskey brand reflect shifts in consumer spending and how people consume alcohol.The Wall Street Journal - Business -
Mexico's president says migrant flow into U.S. will continue if root causes not addressed
Mexican President Andrés Manuel López Obrador told "60 Minutes" in an interview that aired Sunday night the flow of migrants would continue through the U.S. southern border unless the root causes of the migration are attended to. CBS News ...CBS News - Top stories -
Steve Garvey is part of a never-ending flow of baseball players turned politicians
From minor leaguers to Hall of Famers, hundreds of former players have sought public office after the end of their sports career. On 5 March, former baseball star Steve Garvey made it into the runoff for the US Senate seat from California vacated ...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 -
The Lone Volcano in California’s Central Valley
Often called “the world’s smallest mountain range,” the Sutter Buttes are an unlikely and beloved landmark in one of the flattest parts of the state.The New York Times - Top stories - California -
Taylor Swift's dad avoids assault charge in Australia
A paparazzo accused Scott Swift of attacking him in the hours after the megastar's final show in Sydney.BBC News - Top stories - Australia -
Taylor Swift's dad will not be charged in alleged assault on photographer
The incident allegedly occurred in February, when Swift was in Melbourne for her Eras Tour.CBS News - World -
Construction cranes named after Swift and Bolt
Two new cranes in Greenock have been named Craner Swift and U-Crane Bolt by competition winners.BBC News - Top stories -
The places helped by 'lifeline' Captain Tom cash
Volunteers, health and charity workers tell the BBC about the positive impact the money is having.BBC News - Top stories -
Stampede at Nigeria cash hand-out kills seven
Children were among the victims of the crush at the charity event that attracted a big crowd.BBC News - Top stories - Nigeria -
Biden’s cash advantage over Trump cannot be overlooked
If the Biden campaign can effectively capitalize on that, this race may be much closer than many people think.The Hill - Politics - Joe Biden -
Temu U-turns on terms of cash 'giveaway' offer
The retailer changes what it can do with customer data after privacy concerns were raised.BBC News - Top stories -
A Review of Robinhood’s 3 Percent Cash-Back Card
Charles Schwab stopped offering a 2 percent card years ago, and most banks don’t hand over more than 2 percent either.The New York Times - Top stories -
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 -
Supply chain fears after crash
The Francis Scott Key Bridge, which collapsed on Tuesday, spanned the ninth-busiest port in the US.BBC News - Top stories -
A President We Don't Have to Fear
‘Meek’ is far from the worst leadership style.The Wall Street Journal - World -
Mulkey threatens legal action ahead of Post story
Kim Mulkey called a planned story by award-winning Washington Post reporter Kent Babb "a hit piece" and threatened legal action if it's published. Babb confirmed he is working on a profile of Mulkey, but he and the Post declined further comment.ESPN - Sports -
Tractors brought to Parliament in farmers' protest
Farmers from across the UK drive tractors to Westminster to protest a lack of support for food producers.BBC News - Top stories -
Who will win the battle for the Central Division crown?
The Avs, Stars and Jets are battling for the No. 1 seed -- and the Preds could make a run. Plus, updated playoff projections, draft lottery standings.ESPN - Sports -
Watch best of the action as N Ireland beat Scotland
Watch highlights as Conor Bradley's first international goal gives Northern Ireland a friendly victory over Scotland at Hampden.BBC News - Top stories -
Xi tells US CEOs China’s growth prospects remain ‘bright’
Beijing seeks to revive investor confidence as concerns mount about oversupply and potential dumpingFinancial Times - Business - China -
Robert Kennedy Jr’s perilous voyage of discovery
His third-party candidacy could split the vote and hand the election to TrumpFinancial Times - Business -
These tips for investing in mutual funds and ETFs can help you go with the market’s flow
A winning fund’s strategy, a bitcoin milestone and a proven way to manage risk.MarketWatch - Business -
Keeping Migrants on the Job
The White House can let more asylum seekers keep work permits.The Wall Street Journal - World