Moody S Cuts Outlook on Us Banking System to Negative from Stable
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S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Artist evicted by London landlord cuts rent by commuting from Argentina
Andy Leek, creator of Notes to Strangers, made the move after finding himself unable to afford rising rents in UK capital. An artist who was made homeless after being evicted by his private landlord in London has started effectively commuting from ...The Guardian - World -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
Schneider Electric Confirms Talks With Bentley Systems
The confirmation from Schneider came after The Wall Street Journal reported the French company was in talks to take control of Bentley in a deal that could be worth more than $15 billion.The Wall Street Journal - World -
Stock Futures Slip After Israel Strikes Iran
U.S. stock futures pointed to renewed losses while Asian and European markets declined after Israel’s attack in Iran.The Wall Street Journal - World - Iran -
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 -
Israel launches retaliatory strikes against Iran
Officials and diplomats indicated attacks were limited and sought to avoid escalationFinancial Times - Business - Iran -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
FirstFT: Israel launches attacks against Iran
Also in today’s newsletter, Netflix’s surprise boom, and PwC plans to reverse tax restructuringFinancial Times - World - Iran -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
Billy Joel special to air again after abrupt cut-off on CBS
A Billy Joel special on CBS and Paramount+ will air again after it was cut off in the middle of the singer's performance of "Piano Man."CBS News - Entertainment -
Gold Futures Rise After Israel Strikes Iranian Targets
Gold futures edged up on Middle East tensions, but were off earlier highs, with Swissquote Bank saying the market will likely see a further flight to safe havens before the end of the day on fears of an escalation over the weekend.The Wall Street Journal - World - Israel -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
British retail sales stagnate as shoppers cut back on groceries
Economists had expected 0.3% expansion in MarchFinancial Times - World -
Reality TV's Chrisleys are appealing their bank fraud and tax evasion convictions in federal court
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 -
Iran grounds commercial aircraft across wide swath of the country as air defense systems fire amid reported explosions
Iran grounds commercial aircraft across wide swath of the country as air defense systems fire amid reported explosionsABC News - World - Iran -
RFK Jr.'s sister dismisses his candidacy: 'Let's talk about reality'
Kerry Kennedy is brushing off her brother, Robert F. Kennedy Jr.'s, independent presidential bid, arguing it is clear only President Biden or former President Trump will be able to secure the Oval Office in November. Kennedy was speaking with CNN ...The Hill - Politics -
The Latest | G7 warns of new sanctions against Iran as world reacts to apparent Israeli drone attack
Group of Seven foreign ministers have warned of new sanctions against Iran for its drone and missile attack on Israel, and urged both sides to avoid an escalation of the conflictABC News - World - Israel -
How TikTok Changed Us
The app’s videos have become a fixture in the lives of tens of millions of Americans.The New York Times - Top stories - Tiktok -
Breakups, fantasies and her most cutting lyrics: inside Taylor’s Swift’s The Tortured Poets Department
What are the big takeaways from Swift’s new album? She’s refining her sound, confronting elements of her fanbase and done with romantic idealisation. • Read Alexis Petridis’s four-star review of the album. Swift named an entire album after the ...The Guardian - World -
Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
CNBC's Jim Cramer said disappointing quarters from trucker J.B. Hunt and real estate investment trust Prologis could mean an economic slowdown is brewing.CNBC - Business -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
A simple guide to the US 2024 election
Trying to understand it for the first time or need a refresher? This guide can help.BBC News - Top stories -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Israel retaliated against Iran's massive drone and missile attack on its territory, a move that threatens to send the countries deeper into an escalatory spiral that could lead to war.
Israel retaliated against Iran’s massive drone and missile attack on its territory, a move that threatens to send the countries deeper into an escalatory spiral that could lead to war.The Wall Street Journal - World -
Prince Harry confirms he is now a US resident
Paperwork filed shows the royal has informed British authorities that he has moved and is now ‘usually resident’ in the United States. Prince Harry, the Duke of Sussex, has formally confirmed he is now a US resident.. The acknowledgment is said to ...The Guardian - World - United Kingdom -
Penny Mordaunt could use sword to open an Aldi
The MP famously carried a 17th Century ceremonial blade at the Coronation of King Charles III.BBC News - Top stories - US Open -
US aid delays leave Ukrainians at low ebb
Faltering western assistance and Russia’s fresh initiative on battlefield chip away at country’s moraleFinancial Times - Business - Ukraine -
Should You Use an Anti-Wrinkle Straw?
Another solution to a problem we didn’t know we had.The New York Times - Tech -
Dubai struggles to recover from record flooding event
Earlier this week, a staggering 10 inches of rain fell in the United Arab Emirates, the most the UAE has seen in a single storm in 75 years. The rainfall shuttered schools, destroyed homes and cripped Dubai International Airport, the world's ...CBS News - Top stories -
Painting stolen from Oxford recovered in Romania
Two other paintings stolen from Christ Church Picture Gallery in March 2020 are still missing.BBC News - Top stories -
Ivy Getty Files for Divorce From Tobias Engel
After three years of marriage and a lavish wedding attended by Anya Taylor-Joy, Nancy Pelosi and Olivia Rodrigo, the oil heiress is seeking a divorce from her husband, Tobias Engel.The New York Times - Lifestyle -
Highlights from a gymnastics semifinals no one predicted
The NCAA gymnastics semifinals were a roller-coaster ride with stellar, title-winning routines -- but also more falls than anyone expected.ESPN - Sports