Business News
Texas Capital reports 53% jump in criticized loans, plans for more
American Banker - 18 Apr 2024 22:43
The first-quarter increase stemmed from higher interest rates, partial charge-offs and certain problem loans, many involving commercial real estate, executives at the Dallas bank say. Further CRE deterioration is anticip...
Generative AI's refusal to produce 'controversial' content can create echo chambers
Fast Company - 18 Apr 2024 17:00
In a recent report, we found that generative AI has important shortcomings regarding freedom of expression and access to information. Google recently made headlines globally because its chatbot Gemini generated images of...
Fed's Bowman says she sees path forward for altered capital proposal
American Banker - 18 Apr 2024 18:49
Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to ach...
Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC
Bitcoin.com - 18 Apr 2024 19:33
Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster βits reliability.β During the early ho...
Research: Boards Still Have an ESG Expertise Gap -- But They're Improving
Harvard Business Review - 18 Apr 2024 14:05
Over the last five years, the percentage of Fortune 100 board members possessing relevant credentials rose from 29% to 43%.
Are Biden's climate actions enough to win young voters? It's complicated
Fast Company - 18 Apr 2024 08:30
The president needs young voters to win reelection, but with many angry at his stance on Gaza and cynical about politics in general, his climate wins may not be enough to get their support. It seems likea simple politica...
The perennial debate in factor investing: Quality versus value
livemint.com - 18 Apr 2024 13:47
Astute stock selection is crucial for performance, especially in value stocks with sharp drawdowns. Focusing on quality can be advantageous in India's evolving landscape.
Could Stablecoin Ethena (USDe) Collapse Like Terra LUNA? CryptoQuant Investigates
Crypto News - 18 Apr 2024 00:20
Ethena (USDe) needs a sufficient reserve fund to stay solvent as its market cap grows, analysts say. The post Could Stablecoin Ethena (USDe) Collapse Like Terra LUNA? CryptoQuant Investigates appeared first on Cryptonews...
Airlines predict record summer travel -- with surging demand for first-class seats
New York Post - 18 Apr 2024 20:34
Multiple airlines are reportedly anticipating carrying a record number of travelers this summer, including an increased demand in first class tickets.
How the US Army botched a $1 billion upgrade of the Stryker armored vehicle's gun
Business Insider - 18 Apr 2024 23:28Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts
Business Insider - 18 Apr 2024 22:06
The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts for interest rates to remain high.
I love Amazon Prime a bit too much β but my one shopping rule has helped me save money
Business Insider - 18 Apr 2024 19:52
To cut back on overspending, I set an Amazon Prime shopping rule for myself: If my item can't be shipped in 24 hours, I won't buy it.
Protocol Village: Safe, for 'Smart Accounts,' Completes Acquisition of Crypto Business Wallet Multis
Coin Desk - 18 Apr 2024 15:06
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.
'I consider myself blessed': I'm 67, frugal and use washable toilet paper. Am I allowed to save or invest if I'm on Medicaid?
Market Watch - 18 Apr 2024 12:48The Fed's inflation fight isn't over--that's bad news for housing market affordability
Fast Company - 18 Apr 2024 11:30
Fed Chair Jerome Powell says 'It is likely to take longer than expected' to win the war against inflation. Here's what that means for the housing market. Want more stories from Lance Lambert's ResiClub in your inbox? Sub...
5 unexpected ways to (finally) stop procrastinating
Fast Company - 18 Apr 2024 09:30
Embrace the discomfort that can accompany hard work and enjoy the terrific uplift that comes from getting things done. Many of us struggle with procrastination. With the lure of social media and the siren song of so many...
Google fired 28 employees for staging in-office protests against the company's contract with Israel
Business Insider - 18 Apr 2024 09:19
Nine Google workers were arrested during protests against the company's joint $1.2 billion contract with Israel.
Electric car demand plunges across Europe
Telegraph - 18 Apr 2024 08:27
Passenger car sales dropped in Europe as demand for electric vehicles dried up.
Google lays off more employees, will move some jobs overseas as part of continuing cost cuts
Market Watch - 18 Apr 2024 02:47Tesla shareholders shouldn't be fooled again on Elon Musk's pay package
Market Watch - 18 Apr 2024 02:21Salesforce merger is a bad idea, says Informatica co-founder
Market Watch - 18 Apr 2024 00:56Ralph Fiennes Sidles His Way Into Power as Macbeth
The New Yorker - 18 Apr 2024 21:13
A hit British production of Shakespeare's ever-timely tragedy arrives in D.C.