Fed Meets As Bank Chaos Collides with Inflation
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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 -
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 -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
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 -
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 -
Buy energy stocks as Fed becomes less aggressive in fighting inflation, says Morgan Stanley
Morgan Stanley upgraded its view on energy stocks, arguing they have lagged the price of crude oil this year with compelling valuations.MarketWatch - Business - Federal Reserve -
Inflation risks appear to be tilting higher, threatening to throw Fed’s rate-cut hopes into disarray
The possibility that U.S. inflation won’t trend much lower is raising concerns that Federal Reserve policymakers are mistakenly clinging to prospects for three interest-rate cuts this year and may lose their credibility, which could trigger ...MarketWatch - Business -
Six presumed dead after ship collides with Baltimore bridge
US Coast Guard says six people are presumed dead and search and rescue efforts have been called off.BBC News - Top stories -
Big Ships Collide With Bridges Far Too Often
But there are better ways to protect a bridge like the one that collapsed in Baltimore.The New York Times - Top stories -
The only real chance to end the chaos in Haiti
An international security force needs to be beefed up and quickly deployedFinancial Times - World -
New kickoff rule courts potential chaos for NFL
Once the season starts, it will be too late to stop the ride.Yahoo Sports - Sports - NFL -
The Audacious MGM Hack That Brought Chaos to Las Vegas
A gang of young criminals. A more than $30 million ransom. Casinos in disarray. Six days inside the cyberattack that put corporate America on notice.The Wall Street Journal - 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 -
March Madness scores, results: Caitlin Clark's debut, Paige Bueckers' return highlight NCAA tournament Saturday action
While the day lacked in upsets, it delivered with starpower.Yahoo Sports - Sports -
How Trump's Courtroom Calendar Collides With His Campaign Calendar
The Republican front-runner must navigate court hearings amid dozens of state primariesThe Wall Street Journal - World - Donald Trump -
Shipping giant Maersk confirms it chartered ship that collided with Baltimore bridge
"We are horrified by what has happened in Baltimore, and our thoughts are with all of those affected," Maersk said in a statement.CNBC - Business -
Greene threatens to throw House back into chaos with threat to oust Speaker Johnson
The House may be headed for chaos — again. Rep. Marjorie Taylor Greene’s (R-Ga.) new bid to oust Speaker Mike Johnson (R-La.) sent shockwaves through Washington on Friday, infuriating many Republicans who are scrambling to unite ahead of ...The Hill - Politics -
‘The Legend of Zelda: Tears of the Kingdom’ Initial Prototypes Were ‘Chaos’
A little bit of physics went a long way.Wired - Tech -
Leicester to sue Premier League and EFL as financial chaos takes remarkable twist
Leicester City have taken the remarkable step of launching legal action against the Premier League and Football League after vowing to “fight” the threat of heavy sanctions.Yahoo Sports - Sports - Premier League -
How birdwatching’s biggest record threw its online community into chaos
In late 2023, Peter Kaestner was about to log his 10,000th bird species seen in the wild. Then Jason Mann showed up. In late 2023, 70-year-old birder Peter Kaestner was within striking distance of a goal that had never been accomplished: seeing ...The Guardian - World -
How One Hour Encapsulated the Chaos of Trump’s Coming Trial
One court offered Donald J. Trump a financial lifeline. Another set him on a path to prosecution. It was a taste of what America will experience until the November election.The New York Times - Top stories - Donald Trump -
Perimenopause has brought chaos to my life – but also peace
Trying to learn about menopause has been disorienting, but Angela Garbes has also experienced ‘a softening, an openness’. In my 20s and 30s, I went hard, driven by a desire to live life fully. I wanted to stay up all night having heated ...The Guardian - World -
Chalk, chaos and more: Our 16 favorite Final Four combinations
There are 256 possible Final Four outcomes. These finalist combos would deliver the most entertainment value, and not just for basketball reasons.Yahoo Sports - Sports - March Madness -
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 -
Singapore Inflation Quickened Unexpectedly in February
Inflation accelerated unexpectedly in Singapore as prices in key categories like food picked up, backing views that any potential monetary easing is still some time away.The Wall Street Journal - World -
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 -
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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 -
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 -
Nikkei Rises 0.5%, Led by Machinery, Real-Estate Stocks
Japanese stocks ended higher, led by machinery and real-estate stocks, after signs of U.S. economic strength and selloffs related to the ex-dividend date on Thursday.The Wall Street Journal - World -
3 Body Problem Bosses And Rosalind Chao Tease What Really Happened to Wenjie
Warning: The following contains spoilers from 3 Body Problem Season 1.There is an unspoken rule that you don't see a body after someone has died on a TV show, you can't say for certain that they are dead. It is soap opera logic, but it has been ...GameSpot - Tech -
Inflation, immigration top concerns among voters: poll
Inflation and immigration are the top concerns among voters ahead of November’s general election, according to a new Harvard CAPS-Harris poll released on Monday. Thirty-six percent of voters said that immigration was the most important issue ...The Hill - Politics -
U.K. Inflation Problem Might Turn on Its Head
U.K. price inflation could switch to being too low for the Bank of England’s comfort after a couple of years of running too high, Capital Economics’ chief U.K. economist says.The Wall Street Journal - World - United Kingdom