Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue
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Wait, When Did the Schlubs of Silicon Valley Learn to Dress?
Tech moguls trade hoodies for conventional style amid fresh scrutiny of the industry; dressing down “is so played out.”The Wall Street Journal - World -
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
Anduril Industries’ Palmer Luckey is leading the start-ups infiltrating the US government’s war machineFinancial Times - Business -
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 -
Three Fed interest-rate cuts this year? Yes, top banking economists say.
Top economists at big U.S. banks predict the Federal Reserve will cut interest rates three times this year — with the first reduction in June — even though inflation is unlikely to slow much further in 2024.MarketWatch - Business - Federal Reserve -
UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - 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 -
Apple Chip Flaw Leaks Secret Encryption Keys
Plus: The Biden administration warns of nationwide attacks on US water systems, a new Russian wiper malware emerges, and China-linked hackers wage a global attack spree.Wired - Tech - Apple -
Sen. Marco Rubio mentioned as possible Trump running mate, sources say
Sources confirmed Wednesday that Sen. Marco Rubio of Florida is being talked about as a potential running mate for former President Donald Trump, as he seeks to win back the White House.CBS News - Politics - Donald Trump -
8 Best Lubes (2024): Water-Based, Silicone, and Dispensers
For the most sensitive parts of the human body, friction is the enemy. Here’s how to keep it at bay.Wired - Tech -
How Europe's regulatory battle with Apple could signal what’s to come for American consumers
It’ll likely take years before the U.S. government’s massive antitrust lawsuit against Apple is resolved — but the iPhone maker’s troubles with European regulators offer a glimpse of what changes American customers may see down the lineABC News - Tech -
Weary of rebuilding, residents of German valley feel flat post floods
Yahoo News - World - Germany -
Stardew Valley’s 1.6 Update Is Out—Here’s Some of the Biggest Changes (2024)
The popular farming game’s major update includes a new farm type, new events, and a massive multiplayer option.Wired - Tech -
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 -
Beyoncé shares 'Cowboy Carter' track list ahead of album, mentions Dolly Parton and Willie Nelson
On Wednesday, Beyoncé shared the track list for her forthcoming album, “Act ll: Cowboy Carter.”ABC News - Entertainment -
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 -
Who can rescue Boeing?
David Gitlin, Stephanie Pope and Patrick Shanahan among possible contenders to succeed Dave CalhounFinancial Times - Business -
3/24: The Takeout: Ken Block
Analyst and author Ken Block joins The Takeout to discuss his new book, "Disproven." Block explains his hiring by the Trump campaign to search for voter fraud, his fact-driven investigation into claims of voter fraud and where the claims may have ...CBS News - Top stories -
The Fed should resist messing with success
If the economy is doing well with the current level of interest rates, why lower them?Financial Times - World - Federal Reserve -
Beware of 'bank jugging' this tax season, police warn
Police are warning the public about "bank jugging" this tax season.The Hill - Politics -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.The Wall Street Journal - World - China -
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 -
Treasury staff worked at bank linked to China state
The Treasury says the secondment scheme deepens ties with Asia and boosts British business.BBC News - Top stories - China -
China’s property turmoil hits midsized bank Everbright
Regional lender’s shares fall after profits miss estimates due to investment losses and increase in cash set aside for bad debtsFinancial Times - World - China -
Judge in Spain orders Telegram messaging service to be blocked
Yahoo News - World -
Building blocks: Lego's next move | FT Film
What can BrickLink, the eBay of plastic bricks, tell us about Lego's future corporate challenges?Financial Times - Business -
Court lifts block on Telegram message service in Spain
Yahoo News - World -
Appeals court extends block on Texas migrant arrests
A federal appeals court issued a ruling late Tuesday that extends the block on a Texas immigration law that authorizes local law enforcement to arrest those suspected of entering the country illegally. The 5th Circuit U.S. Court of Appeals' panel ...The Hill - Politics -
Appeals Court Keeps Block on Texas Migrant Law
The decision in favor of the federal government left in place a trial court injunction while courts determine whether the measure is legal.The New York Times - Top stories -
In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.The New York Times - Business - Federal Reserve -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
Feds offer reward after UnitedHealthcare hack
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story State Department offers bounty for hack information The State Department said it would provide a $10 million reward for information about the ...The Hill - Politics -
Nigerian army rescues students abducted earlier this month
Students and staff snatched by gunmen from school in Kaduna state freed days before ransom deadline. The Nigerian army has rescued students and staff who were abducted by gunmen from a school in the country’s north earlier this month, the military ...The Guardian - World -
Injury-time Bellingham goal rescues draw for England
Jude Bellingham's last-gasp equaliser spares England a second successive Wembley defeat after defensive errors threatened to prove costly in the friendly against Belgium.BBC News - Top stories -
Will Xi’s manufacturing plan be enough to rescue China’s economy?
The president has won praise for ending a credit boom, but trading partners now fear a flood of cheap exportsFinancial Times - Business - China -
Swan rescued from supermarket roof in Ikea bag
London Fire Brigade rescuers checked over the swan, which they named Steve, and said it was unhurt.BBC News - Top stories -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
As Gaza is destroyed, Israel is killing dozens of children in the West Bank
A 12-year-old Palestinian boy was shot while lighting a firework. ‘Cases like these happen quite regularly, but no one’s hearing about them,’ according to the Israeli rights group B’Tselem. “The depth of the horror surpasses our ability to ...The Guardian - World - Israel