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Profile picture of The Economist
Deposits are growing scarcer as the system is squeezed—and America’s small and mid-sized banks could pay the price Show more
Profile picture of Axios (website)
In the wake of SVB collapse, the White House is calling for new rules for regional banks
axios.com/2023/03/30/biden-us-regional-banks-svb-signature-banks
In the wake of SVB collapse, the White House is calling for new rules for ...
Profile picture of The New York Times
Biden Calls for Regulators to Increase Oversight of Certain Banks: The proposals, which would not require congressional approval, are a response to Silicon ...
nytimes.com/2023/03/30/us/politics/biden-banks-crisis.html
Biden Calls for Regulators to Increase Oversight of Certain Banks
More news on this subject
Profile picture of The Economist
Deposits are growing scarcer as the system is squeezed—and America’s small and mid-sized banks could pay the price Show more
Profile picture of Axios (website)
In the wake of SVB collapse, the White House is calling for new rules for regional banks
axios.com/2023/03/30/biden-us-regional-banks-svb-signature-banks
In the wake of SVB collapse, the White House is calling for new rules for ...
Profile picture of The New York Times
Biden Calls for Regulators to Increase Oversight of Certain Banks: The proposals, which would not require congressional approval, are a response to Silicon ...
nytimes.com/2023/03/30/us/politics/biden-banks-crisis.html
Biden Calls for Regulators to Increase Oversight of Certain Banks
Profile picture of Daily Maverick
OPINIONISTA: Bank crisis metastasises into the next, more damaging, phase: After the initial shock and awe of this most recent financial implosion ...
dailymaverick.co.za/opinionista/2023-03-30-bank-crisis-metastasises-into-the-next-more-damaging-phase/
OPINIONISTA: Bank crisis metastasises into the next, more damaging, phase
Profile picture of CNBC
Silicon Valley Bank hearing live updates: FDIC, Treasury and Fed officials testify before Senate panel
cnbc.com/2023/03/28/silicon-valley-bank-hearing-live-updates-fdic-treasury-and-fed-officials-testify-before-senate-panel.html
Silicon Valley Bank hearing live updates: FDIC, Treasury and Fed officials ...
Profile picture of Orlando Sentinel
Banks are borrowing more from the Fed. Here’s what to know.: Banks are turning to the Federal Reserve’s loan programs to access funding as turmoil sweeps the ...
orlandosentinel.com/news/nationworld/ct-aud-nw-nyt-fed-bank-borrowing-20230324-tpcflpiaobh27lxrpr5iu7iwui-story.html
Banks are borrowing more from the Fed. Here’s what to know.
Profile picture of The Sydney Morning Herald
Australian banks are as safe as our houses ... ahem: While bank customers in Europe and America are facing a white-knuckle ride in recent weeks ...
smh.com.au/business/banking-and-finance/australian-banks-are-as-safe-as-our-houses-ahem-20230327-p5cvhp.html
Australian banks are as safe as our houses ... ahem
Profile picture of The Local
How safe is my money in a Norwegian bank?: The struggles of several banks have sent shockwaves throughout the markets. What protection is there for your money if ...
thelocal.no/20230327/how-safe-is-my-money-in-a-norwegian-bank
How safe is my money in a Norwegian bank?
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Fed raises interest rates again in wake of bank failures: The Federal Reserve raised interest rates again against the backdrop of troubles in the banking ...
pbs.org/newshour/show/fed-raises-interest-rates-again-in-wake-of-bank-failures
Fed raises interest rates again in wake of bank failures
Profile picture of National Post
Budget 2023: Why Ottawa might buttress Canada's defences against banking turmoil: In this year's federal budget, bank watchers are waiting to see if Ottawa will ...
financialpost.com/fp-finance/banking/federal-budget-2023-buttress-canada-bank-turmoil-defences
Budget 2023: Why Ottawa might buttress Canada's defences against banking ...
Profile picture of CNBC
Fed hikes rates by a quarter percentage point, indicates increases are near an end
cnbc.com/2023/03/22/fed-rate-hike-decision-march-2023.html
Fed hikes rates by a quarter percentage point, indicates increases are ...
Profile picture of Yahoo Finance
The Fed now faces same destination — with a more treacherous path: After an incredibly volatile couple of days, stocks ended higher last week ...
finance.yahoo.com/news/the-fed-now-faces-same-destination-with-a-more-treacherous-path-160753639.html
The Fed now faces same destination — with a more treacherous path
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Profile picture of Insider (news website)
Fed rate cuts: Best-case scenario in tatters after hot March inflation: Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers ...
markets.businessinsider.com/news/stocks/fed-rate-cuts-outlook-inflation-rate-cpi-stock-market-economy-2024-4
Fed rate cuts: Best-case scenario in tatters after hot March inflation
Profile picture of Newsroom (website)
Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Reserve Bank set to update interest rate outlook as oil prices spike
Profile picture of Insider (news website)
Stock market today: strong earnings fuel comeback from losing streak: Stocks trended higher on Tuesday as earnings continued to deliver better-than-expected ...
markets.businessinsider.com/news/stocks/stock-market-today-earnings-first-quarter-fed-rate-cuts-geopolitics-2024-4
Stock market today: strong earnings fuel comeback from losing streak
Profile picture of The Washington Post
Strong economy can be double-edged sword for Biden if rates stay high: Higher inflation could lead the Federal Reserve to keep interest rates — and mortgage ...
washingtonpost.com/business/2024/04/13/biden-inflation-federal-reserve/
Strong economy can be double-edged sword for Biden if rates stay high
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Profile picture of Insider (news website)
Stock markets today: Bond yields climb ahead of latest inflation data: The 10-year Treasury yield reached a 2024 high Monday as investors continue to adjust ...
markets.businessinsider.com/news/stocks/stock-markets-bond-yields-cpi-inflation-data-fed-rates-cuts-2024-4
Stock markets today: Bond yields climb ahead of latest inflation data
Profile picture of Insider (news website)
Recession outlook: Soft-landing is already here, Evercore founder says: "Arguably, the soft-landing already has happened," one Wall Street veteran says ...
businessinsider.com/recession-outlook-economy-soft-landing-job-market-stocks-gdp-growth-2024-4
Recession outlook: Soft-landing is already here, Evercore founder says
Profile picture of Insider (news website)
Stock market news today: US stocks flat amid Wall Street uncertainty: Investors appear cautious amid unease over Middle East tensions, expected delays to ...
businessinsider.com/stock-market-news-today-futures-level-wall-street-geopolitical-uncertainty-2024-4
Stock market news today: US stocks flat amid Wall Street uncertainty
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JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
cnbc.com/2024/04/12/jpmorgan-chase-jpm-earnings-q1-2024.html
JPMorgan Chase is set to report first-quarter earnings — here’s what the ...
Profile picture of ABC
Magnitude-7.5 earthquake hits Taiwan, triggering tsunami warning in Japan, Philippines
abc.net.au/news/2024-04-03/tsunami-warning-issued-in-japan-after-earthquake/103661984
Magnitude-7.5 earthquake hits Taiwan, triggering tsunami warning in Japan ...
Quick Glance: Taiwan Rejects China's Aid Offer After Earthquake
  • Taiwanese authorities have not yet estimated the cost of recovering from the massive, deadly earthquake that hit the island on Wednesday.

  • China offered aid, but Taiwan swiftly turned it down due to their conflict-ridden relationship.

  • Taiwan's quick rejection likely stems from lingering bitterness over how the 1999 earthquake was handled.

  • China's aid always comes with conditions, leading to Taiwan's resistance based on distrust and military threats.
Profile picture of Insider (news website)
Apple stock price has 28% upside as Wall Street underestimates profits: In 2018, Wall Street estimated Apple would see profit margins of about 39% in 2023 ...
markets.businessinsider.com/news/stocks/apple-stock-price-outlook-big-upside-wall-street-underestimates-profits-2024-4
Apple stock price has 28% upside as Wall Street underestimates profits
Profile picture of Reuters
As US bank profits drop, focus shifts to interest income outlook: As U.S. banking giants prepare to report slightly lower first-quarter profits ...
reuters.com/business/finance/us-bank-profits-drop-focus-shifts-interest-income-outlook-2024-04-10/
As US bank profits drop, focus shifts to interest income outlook
Profile picture of Insider (news website)
Stock pickers, active managers beating the market by most since 2007: BofA: 64% of active funds beat benchmarks last quarter, fueled by strong stock rallies ...
markets.businessinsider.com/news/stocks/stock-market-big-cap-mutual-funds-highest-benchmark-since-2007-2024-4
Stock pickers, active managers beating the market by most since 2007: BofA
Profile picture of Insider (news website)
Tesla stock price target cut at BofA on concerns of weak EV demand: "We see it hard for the company to generate additional sales with its current product ...
markets.businessinsider.com/news/stocks/tesla-stock-price-target-cut-bofa-weak-ev-demand-concerns-2024-4
Tesla stock price target cut at BofA on concerns of weak EV demand
Profile picture of The Philadelphia Inquirer
Why is the Allen Iverson statue so tiny? The internet lost its mind but there’s a reason for its size.
inquirer.com/sixers/allen-iverson-statue-reveal-76ers-20240412.html
Why is the Allen Iverson statue so tiny? The internet lost its mind but ...
Profile picture of The Royal Gazette (Bermuda)
The DogHouse Inn opens on Crawl Hill: With five dogs at home, Kristy Rego struggled to find adequate pet care when she went overseas ...
royalgazette.com/local-business/business/article/20240404/the-doghouse-inn-opens-on-crawl-hill/
The DogHouse Inn opens on Crawl Hill
Profile picture of Insider (news website)
Nvidia stock price has 26% upside even as headwinds spark sell-off: BofA notes that the latest rout is the ninth time the stock has fallen more than 10% since ...
markets.businessinsider.com/news/stocks/nvidia-stock-price-outlook-correction-competition-google-intel-ai-chips-2024-4
Nvidia stock price has 26% upside even as headwinds spark sell-off
Profile picture of ABC
German museum worker fired after hanging his own art in famous Munich gallery: The 51-year-old technical employee was hoping to achieve his artistic breakthrough ...
abc.net.au/news/2024-04-11/german-museum-fires-worker-for-hanging-his-own-art-in-gallery/103693988
German museum worker fired after hanging his own art in famous Munich ...
Profile picture of Insider (news website)
Why oil prices already at highs could surge another 10% by summer, according to BofA
trib.al/Ay4isK1
Why oil prices already at highs could surge another 10% by summer ...
Profile picture of CNBC
A crucial report Wednesday is expected to show little progress against inflation: The March consumer price index is expected to register increases of 0 ...
cnbc.com/2024/04/09/a-crucial-report-wednesday-is-expected-to-show-little-progress-against-inflation.html
A crucial report Wednesday is expected to show little progress against ...
Profile picture of The New York Times
Boston Marathon Criticized for Branded Finisher Medals: Runners are disappointed that the new finisher medals feature a large bank logo across the bottom ...
nytimes.com/2024/04/03/style/boston-marathon-medals.html
Boston Marathon Criticized for Branded Finisher Medals
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Opinion | Boston Marathon Medal Shows You Can’t Outrun Commercialism: Bank of America’s name right below the iconic unicorn shows that sometimes concessions in ...
trib.al/svI7j5N
Opinion | Boston Marathon Medal Shows You Can’t Outrun Commercialism
Profile picture of USA Today
Country star Morgan Wallen arrested after throwing chair off rooftop for 'no legitimate purpose,' police say
usatoday.com/story/entertainment/music/2024/04/08/morgan-wallen-arrested-nashville/73241072007/
Country star Morgan Wallen arrested after throwing chair off rooftop for ...
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Senators Ask Bank Of America For Details About Leon Black’s Payments To Jeffrey Epstein, Report Says
go.forbes.com/c/M2g3
Senators Ask Bank Of America For Details About Leon Black’s Payments To ...
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Bank of America Racks Up Bond Losses That Could Top $100 Billion: As bond yields turned higher in the first quarter, Bank of America’s unrealized losses on a key ...
barrons.com/articles/bank-of-america-stock-bond-losses-97bf300e
Bank of America Racks Up Bond Losses That Could Top $100 Billion
Profile picture of Investor's Business Daily
Nike Stock Jumps On Upgrade As Estimates 'Finally Look Achievable' Ahead Of Paris Olympics
investors.com/news/nike-stock-upgrade-to-buy-paris-olympics/
Nike Stock Jumps On Upgrade As Estimates 'Finally Look ...
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Moderna pauses Kenya plant plans as COVID vaccine demand wanes: Moderna said on Thursday it had paused its plans to build a vaccine manufacturing facility in ...
reuters.com/business/healthcare-pharmaceuticals/moderna-puts-kenya-plant-plans-hold-covid-vaccine-demand-slumps-2024-04-11/
Moderna pauses Kenya plant plans as COVID vaccine demand wanes
Profile picture of Insider (news website)
Disney stock price: 20% upside as Iger turnaround strategy hits growth phase: "Bob Iger now appears to be in command and control and on a growth offensive ...
markets.businessinsider.com/news/stocks/disney-stock-price-outlook-upside-bob-iger-turnaround-strategy-dis-2024-4
Disney stock price: 20% upside as Iger turnaround strategy hits growth ...
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Citigroup CEO faces growth challenge as overhaul rattles employees: Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser ...
reuters.com/markets/us/citigroup-ceo-faces-growth-challenge-overhaul-rattles-employees-2024-04-09/
Citigroup CEO faces growth challenge as overhaul rattles employees
Profile picture of Insider (news website)
Stock market outlook: S&P 500 to soar another 16% if it stays above 4,800: The S&P 500 is bound to hit 6,100 by the end of the year, implying another ...
markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-rally-bullish-signal-fed-rate-cuts-2024-4
Stock market outlook: S&P 500 to soar another 16% if it stays above 4,800
Profile picture of The Seattle Times
The worst part of a Wall Street career may be coming to an end: Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work ...
nytimes.com/2024/04/10/business/investment-banking-jobs-artificial-intelligence.html
The worst part of a Wall Street career may be coming to an end
Profile picture of Axios (website)
Gold jumps as worldwide tensions, central bank buys: Gold has been boosted by a number of factors, including China purchases.
axios.com/2024/04/08/gold-record-highs
Gold jumps as worldwide tensions, central bank buys
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Big banks are in a race to get AI right: Big AI investments for banking giants aim to boost efficiency, productivity — but it's a slow grind.
axios.com/2024/04/12/banks-ai-morgan-stanley
Big banks are in a race to get AI right
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
  • OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.

  • These upgrades are part of a wave of new large language models being released this year.

  • Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.
Profile picture of The Straits Times
Former Tampines Regional Library turned into Mindef ‘work-near-home’ facility: It's among four such sites launched by Mindef to provide staff with secure shared ...
straitstimes.com/singapore/former-tampines-regional-library-turned-into-mindef-work-near-home-facility
Former Tampines Regional Library turned into Mindef ‘work-near-home’ ...
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How wind becomes hydrogen: A test plant near Bremerhaven is to demonstrate how hydrogen can be produced using wind power. The combination could also make the ...
spektrum.de/news/wasserstoffwirtschaft-wie-wind-zu-wasserstoff-wird/2212154
How wind becomes hydrogen