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  • Business
    Reuters

    Regions Financial Q1 profit falls on declining interest income

    The Birmingham, Alabama-headquartered bank's net income fell to $343 million, or 37 cents per share, in the three months ended March 31 from $588 million, or 62 cents per share, in the year-ago period. Regions Financial expects its Net Interest Income (NII)—the difference between what a bank earns on loans and pays out on deposits—to be in the range of $4.7 billion to $4.8 billion in 2024.

  • News
    The Canadian Press

    Finding an apartment may be easier for California pet owners under new legislation

    SACRAMENTO, Calif. (AP) — California pet owners struggling to find a rental that accepts their furry, four-legged family members could have an easier time leasing new housing under proposed state legislation that would ban blanket no-pets policies and prohibit landlords from charging additional fees for common companions like cats and dogs. Backers of the bill, which recently cleared a key committee, say the lack of pet-friendly units is pushing renters to forgo housing or relinquish beloved pet

  • Business
    Bloomberg

    US Treasury Rally Fades as Rush for Haven Assets Starts to Wane

    (Bloomberg) -- Treasuries pared their biggest rally of the year after the latest flareup in tensions in the Middle East dissipated, bringing the outlook for inflation back into focus.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel’s AttackThe yield on 10-year US governme

  • Business
    Bloomberg

    Oil Tests Central Bankers’ Nerves With Mideast on ‘Knife Edge’

    (Bloomberg) -- Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight. Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel’s AttackIn the same week that multip