Bank Runs Bailouts Rescues Are the Ghosts of 2008 Rising Again
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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Catastrophic flooding forces rescues and evacuations in South Texas
Dangerous flooding hit parts of South Texas after a foot or more of rain fell in some areas. More than 10 million people remained under flood alerts. NBC News' Kathy Park reports.NBC News - Top stories -
WATCH: Man rescues puppy stuck between walls
A puppy who found itself stuck between two walls was rescued by a man and safely reunited with its mother.ABC News - Top stories -
Houston-area flooding worsens as hundreds rescued
Janet Shamlian accompanied first responders Saturday in the Houston area as they conducted dangerous rescues in a water-logged region where floodwaters are still rising. Some areas of Texas have already seen 12 inches of rain in recent days, ...CBS News - Top stories -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Officers, good Samaritan rescue couple from burning Florida home
Back in March, two officers and a good Samaritan risked their lives to rescue a couple who were trapped in a burning home in Cape Coral, Florida.CBS News - Top stories - Florida -
Distressed sawfish rescued in Florida Keys dies after aquarium treatment
An endangered sawfish rescued last month in the Florida Keys after it was spotted acting erratically and swimming in circles has died as wildlife officials continue to search for what is causing fish to become distressedABC News - Top stories - Florida -
Hundreds rescued in Houston; flood watch affects millions in Texas, Oklahoma
The U.S. Coast Guard said they had medevaced an hours-old baby from Cleveland, Texas, amid the floodwaters.CBS News - Top stories -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
RBA’s policy options are running short, says JBWere
With inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further increases now looking likely, a leading forecaster says.MarketWatch - Business -
Kentucky Derby fans pack the track for the 150th Run for the Roses
Fans packed into Churchill Downs Saturday for the 150th Kentucky Derby, the longest continuously held sporting event in the country, and many said they felt the milestone made race day feel extra special this yearABC News - Sports -
'Bullies inspired me to run 1,000 marathons'
Steve Edwards, known as 'The Godfather', hopes to set a new world record.BBC News - Top stories -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
Texas Ban on 'Woke' Banks Opens Door for Smaller Firms
The political conflict over socially conscious finance has Wall Street heavyweights pulling back in Texas, the nation’s top issuer of state and local debt, with $42 billion last year.The Wall Street Journal - World - Texas -
Investors Were Burned by European Banks for Years---Until Now
After years in the doldrums, European banks have cleaned up their balance sheets. The result: Stock prices have surged.The Wall Street Journal - World -
178 people rescued amid Texas flood watch: 'We're not out of the woods yet'
A flood watch remains in effect for more than 11 million people in Texas and Oklahoma on Saturday morning as a number of flood warnings are in effect.ABC News - Top stories -
Is Trump on track to blow the election (again)?
Only Trump’s own weaknesses are keeping Biden and the Democrats in the game.The Hill - Politics - Donald Trump -
Starbucks Is Running Out of Americans to Drink Its Expensive Coffee
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks.The Wall Street Journal - World -
'That's all we've known growing up': Chippiness fueling Magic's playoff run
The Magic must rely more on what got them back into their first-round series -- - physicality and a bit of trash-talking.ESPN - Sports -
Strategists on possible Trump running mates, Kamala Harris' role on campaign trail
Former President Donald Trump is set to headline the Republican National Committee's spring donor retreat in Florida this weekend. Some potential vice presidential picks are expected to attend, including Sens. Marco Rubio, Tim Scott and J.D. ...CBS News - Top stories - Donald Trump -
Chris Christie: ‘More likely than not’ Stephen A. Smith runs for president
Former GOP presidential candidate and New Jersey Gov. Chris Christie claimed it's “more likely than not” that sports commentator Stephen A. Smith runs for president in the future. “I don’t think it’s imminent, but will he run someday? I think it’s ...The Hill - Politics