Jpmorgan Sets Aside Money for Bad Debts As Mild Recession Looms
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As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.CNBC - Business -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - Business - Russia -
Russian court orders seizure of $440mn from JPMorgan
Move follows lawsuit from state-owned bank VTB to recover funds held at America’s largest lenderFinancial Times - World - Russia -
Team Biden Is Posting Through the Looming TikTok Ban
President Joe Biden may have signed the TikTok ban bill into law, but his campaign is still active on the Chinese-owned app.Wired - Tech - Joe Biden -
Egypt warns of 'catastrophic consequences' as Rafah offensive looms
Yahoo News - World -
Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
How to pay off $7,500 in credit card debt
Do you have $7,500 or more in credit card debt? Here are a few ways to pay it off quickly.CBS News - Top stories -
Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
Congress passed a bill that could ban TikTok. What could happen next, and who might buy the social media platform?Los Angeles Times - Entertainment -
U.S. to Begin Construction of Gaza Pier as Rafah Invasion Looms
More humanitarian aid could reach the enclave’s north via the floating pier, including if a planned Israeli ground offensive disrupts deliveries in the south.The Wall Street Journal - World -
JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds
Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future. He sits down with our editor in chief.The Wall Street Journal - World -
Paramount and Skydance inch closer to a merger as key hurdle looms
Paramount Global and Skydance are getting closer to final terms on a merger agreement, but a renewal with Charter remains an obstacle.CNBC - Business -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.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 -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is "not in a condition to be closed."Los Angeles Times - Entertainment -
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 -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Testimony ends for the day in Trump hush money trial
Witness testimony continued Thursday in Donald Trump's hush money criminal trial. Follow here for the latest live news updates from court, analysis and more.CNN - Top stories - Donald Trump -
Testimony resumes in Trump "hush money" trial
Former National Enquirer publisher David Pecker will be back on the stand Thursday in Donald Trump's New York criminal trial. The judge in the case has yet to decide if the former president will be held in contempt for violating a gag order. ...CBS News - Top stories - Donald Trump -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Supreme Court Appears Open to Some of Trump's Immunity Claims
The justices will decide if the former president can be prosecuted on charges that he conspired to steal the 2020 presidential election.The Wall Street Journal - World - Donald Trump -
Newey to leave Red Bull over Horner allegations
Red Bull design chief Adrian Newey is to leave the team in the wake of the controversy involving allegations about team principal Christian Horner.BBC News - Top stories -
A new set of ‘Four Questions’ for anti-Israel protesters
This week, I have my own set of Four Questions, posed to the young people occupying and disrupting college campuses and businesses to protest Israel.The Hill - Politics - Israel -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
‘Challengers’ Review: Game, Set, Love Matches
Zendaya, Josh O’Connor and Mike Faist play friends, lovers and foes on and off the tennis court in Luca Guadagnino’s latest.The New York Times - Top stories -
Nadal begins Madrid Open with emphatic win
Rafael Nadal begins his Madrid Open farewell with a comfortable straight-set win over American teenager Darwin Blanch.Yahoo Sports - Sports - US Open -
5 Moments That Have Defined Trump’s Hush-Money Trial So Far
Trials are wars of words. These are some of the most memorable that have been spoken as a jury hears the criminal case against Donald J. Trump.The New York Times - Top stories - Donald Trump -
Crypto Mixer Samourai Wallet's Co-founders Arrested for Money Laundering
U.S. prosecutors on Wednesday targeted another so-called cryptocurrency mixer, accusing the two co-founders of Samourai Wallet of money laundering and of operating an unlicensed money-transmitting business.The Wall Street Journal - World -
What to expect when Trump "hush money" trial resumes Thursday
Testimony is expected to resume Thursday in former President Donald Trump's New York criminal trial. CBS News legal analyst Rikki Klieman joins with more.CBS News - Top stories - Donald Trump -
David Pecker, Trump’s ‘eyes and ears’, to resume testimony in hush-money trial
Former National Enquirer publisher says he helped Trump to suppress negative stories that threatened 2016 election campaign. The former tabloid publisher David Pecker will continue testimony at Donald Trump’s New York criminal trial on Thursday, ...The Guardian - World - Donald Trump -
David Pecker Expected to Discuss Hush-Money Deal in Trump Trial
David Pecker, the former publisher of The National Enquirer, will be back on the stand and is likely to discuss the publication’s contact with Stormy Daniels.The New York Times - Top stories - 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 -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
With 3 Words, Economists Explain the Real Reason There Are So Many Bad Bosses
The Peter Principle explained.Inc. - Business -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Everything to know about the 2024 NFL Draft; Heat upset Celtics in Game 2
As always, expect the unexpected before the night endsCBS Sports - Sports - NFL -
With the First Pick: Full NFL Draft 2024 preview with mock drafts, bold predictions and more ahead of Round 1
Everything you need to know around the NFL Draft for April 25CBS Sports - Sports - NFL -
Everything to know about the 2024 NFL Draft | Heat upset Celtics, even series
As always, expect the unexpected before the night endsCBS Sports - Sports - NFL