Elizabeth Warren Says Fed Chair Failed and Calls for Inquiry into Bank Collapse
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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 -
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 -
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 -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
US calls for calm after officials say Israeli missile hit Iran
Antony Blinken says Washington was not involved in any offensive operation, as Iran downplays reports of attack.BBC News - Top stories - Israel -
Man arrested in Paris after police cordon off Iranian consulate due to reported bomb threat – Europe live
Local media reports a man entered the consulate saying he had explosives and wanted to avenge his brother. “Russia must be held accountable. Ukraine urgently requires more air defence support!” wrote the EU’s ambassador in Kyiv, Katarina ...The Guardian - World - Iran -
Middle East crisis live: Blinken calls for calm as Iran official says no plan for immediate retaliation to reported Israeli missile strike
US secretary of state condemns airstrike in Iran; discussion ‘leans more towards infiltration than attack’ says anonymous Iranian official. Israel has mounted strikes on Iran, US says, as Tehran plays down attackWhat we know so far about Israel’s ...The Guardian - World - Iran -
No NCAA ban during sexual misconduct inquiries
New federal regulations will prevent colleges and coaches from suspending athletes accused of sexual misconduct while school officials investigate complaints against them.ESPN - Sports -
Watch: Lawyers spar during tetchy exchanges at Post Office inquiry
Rodric Williams, who still works for the company, was a Post Office lawyer as the Horizon scandal developed.BBC News - Top stories -
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
The maker of a popular weedkiller is turning to lawmakers in key states to try to squelch legal claims that it failed to warn about cancer risksABC News - Health -
Nasdaq Dips After Israel Strikes Iran
U.S. stock markets were mixed while Asian and European markets fell after Israel’s retaliatory strike on Iran.The Wall Street Journal - World - Iran -
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 -
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 -
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 -
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 - Top stories -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
Doctors call to expand syphilis testing during pregnancy amid recent surge
A coalition of doctors are sounding the alarm on the need for increased syphilis testing for pregnant individuals, amid a recent surge of the sexually transmitted infection in U.S. newborns. The American College of Obstetricians and Gynecologists ...The Hill - Politics -
Columbia University calls in police to break up pro-Palestinian protest
Clampdown on ‘disruptive’ demonstrations leads to more than 100 arrests as US campus tensions intensifyFinancial Times - World -
Starmer calls for police investigation into Tory MP Mark Menzies
Politician accused of using thousands of pounds given by donors for medical bills and personal expensesFinancial 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 -
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 -
Red Sox reportedly calling up Cam Booser, 31-year-old pitcher, for MLB debut
The Boston Red Sox are calling up 31-year-old reliever Cam Booser, who has never pitched in the major leagues and was out of professional baseball for four years.Yahoo Sports - Sports - MLB -
House speaker won't back change to rule allowing single member to call for ouster
House Rules allow a single member to force a vote on ousting the speaker. Conservatives want to keep it that way.CBS News - Politics -
2024 PGA Championship odds, field: Surprising PGA picks from golf model that called 11 majors
SportsLine's proven model simulated the PGA Championship 2024 10,000 times and revealed its PGA golf picks for Valhalla Golf ClubCBS Sports - Sports - Golf -
Trump Media’s ‘DJT’ stock rises again after plea to stop ‘naked’ short selling
Trump Media & Technology’s stock rallied Friday and was headed for a third straight gain after the parent company of Donald Trump’s social-media platform Truth Social asked regulators to look into potential illegal selling activity.MarketWatch - Business - Donald Trump -
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 -
Israel carries out limited retaliatory strike against Iran
A person familiar with the situation told NBC News that Israel carried out an operation in Iran. Earlier, Israeli officials notified U.S. officials that a response was coming.NBC News - Top stories - Iran -
Top Cuban official says country open to more U.S. deportations
Cuba's deputy foreign minister tells CBS News that his country is willing to accommodate more than one deportation flight per month.CBS News - Politics - US Open -
DfE says 85,000 more free childcare places needed
The Department for Education estimates about 40,000 staff are also needed in England by September 2025.BBC News - Top stories -
Ukraine war briefing: Donald Trump says survival of Ukraine important to the US
Former president’s comments are being described as a shift in tone days before Republicans vote on a multibillion-dollar aid package. What we know on day 786. See all our Ukraine war coverageDonald Trump has said the survival of Ukraine is ...The Guardian - World - Ukraine -
U.S. and Allies Penalize Iran for Striking Israel, and Try to Avert War
While imposing sanctions on Iran, U.S. and European governments are urging restraint amid fears of a cycle of escalation as Israel weighs retaliation for an Iranian attack.The New York Times - World - Iran -
Satellite Data Reveals Sinking Risk for China’s Cities
Development and groundwater pumping are causing land subsidence and heightening the risks of sea level rise.The New York Times - World - China -
Apple Says It Was Ordered to Pull WhatsApp From China App Store
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.The New York Times - Top stories - Apple -
Israel carries out operation inside Iran, says source familiar
NBC News' Courtney Kube reports that a source familiar says Israel did carry out an operation in Iran after reports of explosions in the Isfahan area, and that Israeli officials did inform the U.S. of their intention to carry out a response in ...NBC News - Top stories - Israel -
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 -
Friday Briefing
Israel strikes Iran.The New York Times - World -
Israel has mounted airstrikes on Iran, US confirms, as Tehran plays down attack
Iranian official indicates no ‘immediate’ plan for retaliation after explosions reported in sky over Isfahan and Tabriz. Middle East crisis: live updatesWhat’s in Isfahan? The city home to Iranian nuclear facilitiesUS officials have confirmed that ...The Guardian - World - Israel -
Oil price rises as US says Israel has struck Iran
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.BBC News - Top stories - Israel -
Blasts heard in central province of Isfahan
Blasts are heard in central Isfahan province, though it is not clear what might have been hit.BBC News - Top stories