Morning News: May 4, 2023

Britain’s Economy Needs a Pick-Me-Up. Is the Coronation Enough?

The King’s Billions: a Tour of UK’s £17 Billion Royal Empire

China Takes the Yuan Global in Bid to Repel a Weaponized Dollar

Even as China Reopens, Security Visits Spook Foreign Businesses

Why China’s Censors Are Deleting Videos About Poverty

Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece

U.S. Businessman Ajay Banga Approved to Lead World Bank

TD Bank, First Horizon Agree to Terminate $13 Billion Merger

PacWest Bank Says Considering ‘All Options’ After Its Shares Plunge More Than 50%

Nearly Half of Americans Worry Their Bank Deposits Aren’t Safe

Restaurants, Food Companies Pursue Budget-Minded Consumers as Inflation Persists

Federal Reserve Raises Rates, Signals Potential Pause

Pushback Against Powell’s Prognosis Comes Almost Immediately

Treasury Yields May Fall to 2% as Gundlach, Banks Eye Recession

Apple’s Revenue Woes Put Market-Leading Rally at Risk

J&J’s Kenvue Raises $3.8 Billion in Year’s Biggest IPO

FTC Proposes Barring Meta From Monetizing Young Users’ Data

Lina Khan: We Must Regulate A.I. Here’s How.

The US Shale Oil Capital Won’t Invest in Itself

Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices

Volkswagen Posts Drop in Quarterly Profit, Says It Must Speed Up to Catch Chinese EV Market Rivals

Parking, Parking, Everywhere, but Not a Spot for Me

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Posted by on May 4th, 2023 at 7:01 am


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