Fed Governor Bowman casts doubt on the need for a U.S. digital dollar
A CBDC could intrude on the privacy of users and harm banks while otherwise providing few benefits, Bowman said in a speech.
Goldman Sachs is watching for ‘cannibalization’ from Apple’s new savings account
Goldman Sachs is Apple’s primary banking partner for its iPhone financial services.
Boeing CEO stands by plans to increase 737 Max production despite recent flaw
Boeing disclosed a flaw with some of its 737 Max planes last week and said it was likely to delay deliveries.
What the loss of Samsung search engine business could mean for Alphabet’s stock
Analysts are still bullish on Google’s parent despite news of a potential switch to Microsoft’s Bing search engine for Samsung phones.
Coinbase CEO says the crypto exchange is preparing to go to court with the U.S. SEC
Brian Armstrong, CEO of Coinbase, told CNBC that it is “going to have to actually end up going to court” with the U.S. Securities and Exchange Commission.
UAE, Qatar set to restore diplomatic ties and reopen embassies after bitter feud
The apparent push toward greater diplomatic normalization comes amid broader regional reconciliation efforts.
Norway’s giant sovereign wealth fund says there’s money to be saved by identifying ‘rotten apples’
Norway’s gigantic sovereign wealth fund believes it is becoming increasingly important to identify as many “rotten apples” as it can.
Bank of America posts first-quarter results that top expectations on higher rates
Bank of America reported first-quarter earnings and revenue that topped expectations before the bell Tuesday.
Heavy gunfire quickly shatters Sudan truce deal pushed by U.S.
Heavy gunfire shattered a 24-hour truce deal in Sudan on Tuesday shortly after it was due to take effect.
Power firm SSE says backing renewables can help get Britain closer to energy self-reliance
The CEO of British power firm SSE says a rapid build-out of renewable projects can help the U.K. to secure its energy security.
