Dollar Softens As Banking Worries Wane
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WSJ Dollar Index Falls 0.14% to 99.67
The dollar gave back gains made earlier on April’s unexpectedly high PPI inflation, with the WSJ Dollar Index settling down more than 0.1%.The Wall Street Journal - World -
Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed ...ABC News - Top stories -
Biden, Trump head to Southern California in June for big-dollar fundraisers
Trump will headline Beverly Hills and Newport Beach events. Biden will attend a downtown L.A. fundraiser with former President Obama, actors George Clooney and Julia Roberts.Los Angeles Times - Entertainment - California -
Revenue and rankings: Inside the multibillion-dollar industry shaping college admissions.
Critics say the enrollment-management sector has pushed colleges to prioritize money and school rankings at the expense of some students.MarketWatch - Business -
Orcas Sink Another Boat Near Iberia, Worrying Sailors Before Summer
Two people were rescued on Sunday after orcas damaged their boat near the Strait of Gibraltar, where the animals have caused havoc in recent years.The New York Times - World -
NCAA president: 'A lot of work to be done' on potential settlement of multibillion-dollar antitrust lawsuit
Charlie Baker said settling the House v. NCAA lawsuit could soothe a number of issues as college athletics faces a new futureCBS Sports - Sports -
Can banks really fix the climate crisis?
New research suggests that their green commitments are not paying off yetFinancial Times - Business - Climate -
Cohen Says Trump’s Hush-Money Decisions Were Driven by Worries About Female Voters
“Guys may think it’s cool, but this is going to be a disaster for the campaign,” Donald J. Trump said upon learning Stormy Daniels planned to go public, according to testimony.The New York Times - Top stories -
Trump lawyer calls out Michael Cohen TikTok insults in hush money trial cross-examination
Michael Cohen told jurors key details about the alleged awareness and involvement of Donald Trump in hush money payments to a porn star and a Playboy model.CNBC - Business - Donald Trump -
'Deep into the cult of Donald Trump': Defense grills Michael Cohen on praise of his former boss
Star witness Michael Cohen will resume testimony today about making a $130,000 hush money payment to adult film actor Stormy Daniels to suppress her story about an alleged affair with Donald Trump.NBC News - Top stories -
'Don't worry, I'm the president': Michael Cohen testifies Trump assured him he was protected
Star witness Michael Cohen will resume testimony today about making a $130,000 hush money payment to adult film actor Stormy Daniels to suppress her story about an alleged affair with Donald Trump.NBC News - Politics - Donald Trump -
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 -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
'ChiefsAholic,' superfan imprisoned for bank robbery, to be featured in upcoming documentary produced by Drake
Yes, you read that rightCBS Sports - Sports -
Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.The New York Times - Business -
Banks breaks from the Senate GOP's well-heeled candidate trend
Politico - Politics -
Argentina’s central bank lowers interest rates as inflation cools
Financial Times - Business - Argentina -
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