Federal Reserve Expected to Raise Interest Rates Amid Banking Crisis
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Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.CNBC - Business -
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.The New York Times - Business -
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.The New York Times - Top stories -
Will High Interest Rates Curb Inflation? The Fed Will Wait and See
While consumers clamor for rate cuts, the central bank leadership is prepared to hang on until inflation stops climbing.Inc. - Business - Federal Reserve -
What Forecasters Say About Interest Rates (and Why They Disagree)
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.The New York Times - Business -
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.CNBC - Business -
Safra private bank assembles new dealmaking team for ultra-rich clients
J Safra Sarasin taps BoA and Goldman Sachs as it looks to expand into advising on M&A and equity capital raisesFinancial Times - Business -
Right-wing Israelis block aid to Gaza coming from the West Bank
Yahoo News - World - Israel -
Banks breaks from the Senate GOP's well-heeled candidate trend
Politico - Politics -
German scientists urge urban areas to adapt due to climate crisis
Yahoo News - World - Climate -
Netanyahu and Sinwar have common interests in prolonging the war
In a calamitous confluence of circumstance, Sinwar and Netanyahu now have intersecting interests. They are each other’s best friend and foil.The Hill - Politics -
‘What if we built our own?’: young Amsterdammers fight housing crisis with cooperative build
Group of university students awarded plot after city hall passes plan for 15 to 20 cooperative projects. ‘Everything’s just … on hold’: the Netherlands’ next-level housing crisisDe Torteltuin, or “Dove Garden”, was born from an existential, if ...The Guardian - World -
Middle East crisis live: Israeli tanks push deeper into Rafah as Qatar PM warns ceasefire talks heading ‘backwards’
Israeli operation means truce negotiations cannot progress, says Sheikh Mohammed, as estimated 500,000 flee after evacuation order. One of ActionAid’s partners in Rafah has paused humanitarian operations there, with the charity warning that aid ...The Guardian - World - Israel -
The Other Busing Program: Mexico Is Pushing Migrants Back South
In response to pressure from the Biden administration to curb migration flows, Mexico has quietly bused thousands of migrants away from the U.S. border to sites deep in the country’s south.The New York Times - World -
DeSantis says wife has 'zero' interest in running for office
Florida Gov. Ron DeSantis (R) shot down speculation Monday that his wife, Casey DeSantis, has any interest in running for future office. During a press conference Monday, DeSantis was asked whether his wife would consider running for Florida ...The Hill - Politics -
Shein Leans to London IPO Amid U.S. Hurdles
Thefast-fashion company headquartered in Singapore hasn't ruled out a U.S.listing, but the London Stock Exchange offers an easier route to going public, possibly within a month.Inc. - Business -
U.K. Jobs Market Eases in Boost for June Rate-Cut Hopes
Unemployment ticked higher in the three months to March, continuing a trend of rising joblessness, while the average regular pay grew at the same rate as in the previous period.The Wall Street Journal - World - United Kingdom -
Record travel expected as millions make plans for Memorial Day
Tens of millions of Americans are gearing up for the upcoming Memorial Day weekend. Nearly 50 million people are expected to travel 50 miles or more this year, making it the busiest Memorial Day weekend in almost 20 years, according to AAA. Kris ...CBS News - Top stories -
How to Watch Google I/O 2024, and What to Expect
The annual developer conference kicks off with a keynote address on Tuesday. Look out for updates on Android, Search, and Assistant, plus a whole lot of AI news.Wired - Tech - Google