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S&P issues negative outlook on five U.S. regional banks due to risky office space exposure
Higher office space vacancies trigger rise in criticized and modified loans, as a maturity wall loomsMarketWatch - Business -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Beware of 'bank jugging' this tax season, police warn
Police are warning the public about "bank jugging" this tax season.The Hill - Politics -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.The Wall Street Journal - World - China -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
Treasury staff worked at bank linked to China state
The Treasury says the secondment scheme deepens ties with Asia and boosts British business.BBC News - Top stories - China -
China’s property turmoil hits midsized bank Everbright
Regional lender’s shares fall after profits miss estimates due to investment losses and increase in cash set aside for bad debtsFinancial Times - World - China -
Chinese Shares Rise; Focus on PMI Data
Chinese shares were higher as investors await key economic data due later this week.The Wall Street Journal - World - China -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Extremism endangers Germany's prosperity, warns central bank chief
Yahoo News - World -
As Gaza is destroyed, Israel is killing dozens of children in the West Bank
A 12-year-old Palestinian boy was shot while lighting a firework. ‘Cases like these happen quite regularly, but no one’s hearing about them,’ according to the Israeli rights group B’Tselem. “The depth of the horror surpasses our ability to ...The Guardian - World - Israel -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Polish central bank chief seeks truce with Tusk over ‘idiotic’ accusations
Adam Glapiński insists he did not abuse his powers in bid to keep Law and Justice party in powerFinancial Times - World -
Swiss find Lebanon’s biggest bank guilty of serious money laundering breaches
Finma uncovers millions of francs in unexplained payments by Banque Audi to senior political figuresFinancial Times - Business -
AI-powered fraudsters are overwhelming bank defenses, Treasury report says
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury ...MarketWatch - Business -
South Carolina wants answers about $1.8 billion sitting in a bank
Accountants are trying to figure out where the $1.8 billion in cash came from and where it was supposed to go.CBS News - Top stories -
Three dead after Israeli army operation and clashes in the West Bank
Yahoo News - World - Israel -
Janet Yellen warns China against clean energy dumping
US Treasury secretary tells Beijing its trade practices will distort markets and harm workersFinancial Times - Business - China -
Top Fed official says ‘no rush’ on rates after ‘disappointing’ data
Progress on taming price rises ‘has slowed and may have stalled’, according to Christopher WallerFinancial Times - Business - Federal Reserve -
$75,000 for a baby? South Korean businesses float incentives as demographic crisis looms
Companies and politicians try new strategies to encourage workers to start familiesFinancial Times - Business -
UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - Business -
Kate Banks, Children’s Author Who Wrote About Grief, Dies at 64
She became an award-winning author of children’s books and young-adult novels despite debilitating health issues and the murder of her father.The New York Times - Top stories -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Here’s how much money Americans in their 30s have in their 401(k)s
Americans in their 30s are around halfway to retirement age, but many don't have much saved in their 401(k)s.CNBC - Business -
Singapore's former transport minister S Iswaran slapped with 8 new charges
The new charges bring his total amount of charges to 35, including corruption. Iswaran has pleaded not guilty to the earlier 27 charges.CNBC - Business -
RFK Jr.'s ballot signatures could be invalid in Nevada without VP
Robert F. Kennedy Jr. is set to name a vice presidential pick on Tuesday, but it will still have to resubmit its ballot signatures to qualify in Nevada.CBS News - Politics -
Fear, faith, friendship: Inside F1’s most precious relationship
When the lights go out, a Formula 1 driver is alone - apart from one connection. Their race engineer is their guide, strategist and psychologist.BBC News - Top stories -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
Here's how to watch RFK Jr.'s VP announcement
Robert F. Kennedy Jr. is expected to make an announcement on Tuesday afternoon about his pick for vice president, ending weeks of speculation over his running mate amid his long-shot independent bid. Kennedy is set to make his announcement at 2 ...The Hill - Politics -
What to know about RFK Jr.'s VP pick
Welcome to The Hill's Campaign newsletter {beacon} Campaign Report Campaign Report The Big Story What to know about RFK Jr.'s VP pick Robert F. Kennedy, Jr., of the infamous political dynasty, is continuing his third-party bid for president, ...The Hill - Politics -
Who is Nicole Shanahan, RFK Jr.'s new running mate?
An unconventional choice, Nicole Shanahan brings youth and considerable wealth to Robert F. Kennedy Jr.'s long-shot campaign but is little known outside Silicon Valley.CBS News - Politics -
U.K.’s tech unicorns honored with ever-changing statue in NYC
The United Kingdom is honoring its unicorns -- or startups with a valuation above $1 billion -- with its Ever-Changing Statue in New York.VentureBeat - Tech -
Chair says Libertarians are 'confused' by RFK Jr.'s VP pick
The chair of the Libertarian National Committee said its members are “confused” by Robert F. Kennedy’s Jr. vice presidential pick, which he announced Tuesday. “I think that a lot of libertarians are a little bit confused over why he chose Nicole ...The Hill - Politics -
Overwatch 2's New DPS Hero, Venture, Is As Maneuverable As They Are Deadly
Overwatch 2's newest DPS hero, Venture, will be excavating their way into the game soon, and Blizzard has now given fans their best look yet at the archaeologists' game-changing abilities.Venture is a highly maneuverable DPS who uses their Smart ...GameSpot - Tech -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World