First Citizens Bank to Buy Silicon Valley Bank Deposits and Loans
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The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
The Quiet Student Loan Forgiveness Scam
States make a strong legal case against Biden’s SAVE ‘grants.’The Wall Street Journal - World -
WATCH: Tourists flock to see Death Valley in bloom
Gorgeous fields of wildflowers are taking over California with bright yellow daisies even popping up in Death Valley, the driest and hottest place in America.ABC News - Top stories -
Stardew Valley Update 1.6.4 Patch Notes: New Mines and Fish Frenzies
A surprise new Stardew Valley update has just dropped and it's filled to the brim with some exciting features, balance changes, quality-of-life tweaks, and much more. The 1.6.4 patch comes almost a month after solo developer Eric “ConcernedApe” ...GameSpot - Tech -
WeWork Eyes Exit From Chapter 11 Without Additional Bankruptcy Loans
Co-working space provider WeWork plans to exit bankruptcy without taking on more loans to fund the rest of its chapter 11 proceedings.The Wall Street Journal - World -
Warning jailed bankers ruling could hit loan rate
Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.BBC News - Top stories -
Belarusian held in Poland suspected of ordering hammer attack on Navalny ally
Two Polish citizens detained earlier on suspicion of attacking Russian opposition figure Leonid Volkov in Lithuania. A Belarusian national has been detained in Poland on suspicion of ordering the attack on a top Russian opposition leader, Leonid ...The Guardian - World -
US citizen who fought with pro-Russia separatists in Ukraine reported dead
Russell Bentley, 64, reported killed in Moscow-occupied Donetsk by Russian state media and confirmed by his battalion. A US citizen known to have fought with pro-Russian separatists in Ukraine between 2014 and 2017 has been killed in ...The Guardian - World - Ukraine -
Far-Right Sheriffs Want a Citizen Army to Stop ‘Illegal Immigrant’ Voters
Speakers at a conference for Constitutional Sheriffs claimed that militias need to patrol polling stations to stop the “expected flood” of immigrant voters.Wired - Tech -
Sony in Talks to Join a Bid to Buy Paramount
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.The New York Times - Business -
Don't force drivers to buy AM radios
One of the principal tenets of progress and innovation is that we are not tethered to old technology. For example, when consumers purchase the latest smartphone that can connect to the internet or download applications, they are not forced to buy ...The Hill - Politics -
Sony In Talks To Join Bid To Buy Paramount - Report
In the race to acquire Paramount, Skydance Media still has the inside track. But there may be more players pulling up in the rearview. According to The New York Times, an investment firm, Apollo Global Management, is in talks with Sony Pictures ...GameSpot - Tech -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Missouri Backs Big Expansion of Low-Interest Loans as Demand for State Aid Grows
State lawmakers approve increasing the money available for bargain-basement priced lending as inflation endures.Inc. - Business -
Best Buy Members Get Access To Exclusive Deals This Weekend
Best Buy is offering exclusive deals to its My Best Buy Plus and Total members, giving them a chance to score dozens of today's hottest gadgets at some of the lowest prices of the year. The event ends Sunday, so you have plenty of time to explore ...GameSpot - Tech -
Tesla’s stock keeps getting cheaper — and Cathie Wood’s ETFs keep buying it
ARK Invest ETFs bought roughly $26 million of Tesla stock in the past three days, and more than $100 million in April.MarketWatch - Business -
How young people see the matchup between two senior citizens: From the Politics Desk
A new Harvard poll shows how young voters are viewing the rematch between Joe Biden and Donald Trump in the 2024 presidential election.NBC News - Politics -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
Why buying stocks in this hot sector may turn out to be a money-losing bet
The semiconductor industry has been soaring; that won’t last forever.MarketWatch - Business -
North Korea is buying Chinese surveillance cameras in a push to tighten control, report says
A report from the website 38 North says that North Korea is putting surveillance cameras in schools and workplaces in a technology-driven push to monitor its population even more closelyABC News - Tech - North Korea -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Here's why it could be better to buy Series I bonds before May, experts say
Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.CNBC - Business -
What is pickleball? What you need to know and buy to play America's fastest growing sport
What is pickleball, and what do you need to play? Here's the lowdown on the recreational and competitive sport.CBS Sports - Sports -
Norris takes Chinese GP sprint race pole, Hamilton second - reaction
Follow live text and audio commentary from practice and sprint qualifying at the Chinese Grand Prix.BBC News - Top stories -
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.The Wall Street Journal - World -
Taylor Swift shocker: New album is actually a double album
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.CBS News - Entertainment -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
Experts' picks for the final playoff spots and six first-round matchups
Predictions for Friday's play-in games and all six first-round matchups.ESPN - Sports