City National Bank to Pay $31m in Redlining Settlement with Doj
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Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
Airlines must pay you back for flight cancellations, major delays. How much will you get under new rule?
Airlines will soon be required to give you money back if they cancel your flight, delay you, make major changes to the itinerary, or don't deliver your checked bags on time.The Hill - Politics -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
Millions more Americans could become eligible for overtime pay.NBC News - Top stories -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Some Older Women Need Extra Breast Scans. Why Won’t Medicare Pay?
Mammography can miss tumors in women with dense breasts, so their doctors often include ultrasound or M.R.I. scans. Patients often wind up paying the bill.The New York Times - Health -
Trump trial: Defense attorneys begin cross-examination of David Pecker
The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.CNBC - Business - Donald Trump -
David Pecker testifies Michael Cohen said Trump ‘furious’ over refusal to pay Stormy Daniels – live
Ex-National Enquirer publisher emphasizing in testimony that he refused to pay off any more people for Trump when Stormy Daniels looked to sell her affair. A guide to Trump’s hush-money trialWho is David Pecker, key witness in Trump’s criminal ...The Guardian - World - Donald Trump -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
'Struggling' Capitals captain Alex Ovechkin is hoping patience pays off soon against the Rangers
Alex Ovechkin has just one shot on goal through two games of the Washington Capitals’ first-round playoff series against the New York Rangers, which they trail 2-0ABC News - Sports -
How to start a high-paying side hustle: 'It has to be something that you're actually passionate about,' says expert
There are all sorts of ways to make money on the side. But if you really want to find success, choose something you're passionate about, says Kathy Kristof.CNBC - Business -
Minneapolis smokers to pay some of the highest cigarette prices in US with a $15 per-pack minimum
Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously to impose a minimum retail price of $15 per pack to promote public healthABC News - Health -
Celebrity stories buried and disputes over paying a porn actress: What you missed on Day 7 of Trump's trial
Taking the stand Thursday for now the third day this week, former National Enquirer publisher David Pecker provided testimony to form a road map for New York prosecutors' case against former President Donald Trump.NBC News - Top stories -
Celebrity stories buried and disputes over paying a porn actress: What you missed on Day 7 of Trump's trial
Taking the stand Thursday for now the third day this week, former National Enquirer publisher David Pecker provided testimony to form a road map for New York prosecutors' case against former President Donald Trump.NBC News - Politics -
Some Older Women Need Extra Breast Scans. Why Won’t Medicare Pay?
Mammography can miss tumors in women with dense breasts, so their doctors often include ultrasound or M.R.I. scans. Patients often wind up paying the bill.The New York Times - Science -
US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention
The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the roadABC News - Top stories -
WNBA star A'ja Wilson weighs in on pro basketball gender pay gap: 'It's going to turn'
After the 2024 WNBA draft earlier this month, shock over the pay gap between the women’s league and NBA went viral — specifically around what No. 1 pick Caitlin Clark is expected to make.NBC News - Top stories - WNBA -
Here's how much credit card debt the average American has (and how to pay it off)
The average American is currently facing a hefty amount of credit card debt — but there are several ways to tackle it.CBS News - Top stories -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
The Continuing Absurdity of National Public Radio
NPR CEO sees no bias problem, only a business opportunity.The Wall Street Journal - World -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Deutsche Bank expects fewer U.S. commercial real estate provisions in second half
Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.MarketWatch - Business