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Fed's emergency bank lending soars to new record

US Federal Reserve Silicon Valley Bank Signature Bank

Emergency loans to banks spiked to a new record in the week through Wednesday, surpassing previous highs reached during the 2008 financial crisis.

Why it matters: The details came in a weekly Federal Reserve report released Thursday, which is sure to attract more attention for what it may reveal about stresses in the banking system after the failures of Silicon Valley Bank and Signature Bank.

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Top stories on inkl right now

‘This is not poker’: Alberta goes to polls in referendum that has exposed divisions, not least among separatists

‘This is not poker’: Alberta goes to polls in referendum that has exposed divisions, not least among separatists

Voters to be asked whether province should remain part of Canada or hold second binding independence vote

The Guardian - UK

‘Narcos have one language – violence’: the activist defying France’s biggest drug cartel after his brothers’ murder

‘Narcos have one language – violence’: the activist defying France’s biggest drug cartel after his brothers’ murder

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Trump plans to begin DC golf course renovation in defiance of judge’s order

Trump plans to begin DC golf course renovation in defiance of judge’s order

Judge orders government to notify her by 8pm ET Sunday whether its position changed from Friday’s court filing

The Guardian - US

Ukraine war briefing: Trump accuses Zelenskyy of not wanting to end war as feud rumbles on

Ukraine war briefing: Trump accuses Zelenskyy of not wanting to end war as feud rumbles on

Trump defends decision to waive some sanctions on Russia; Lithuania foils attack on Starlink site; Kyiv hits another oil terminal. What we know on day 1,699

The Guardian - AU

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Mass protests plunge France into chaos: City halls torched, shops looted - in videos

Mass protests plunge France into chaos: City halls torched, shops looted - in videos

France witnessed widespread destruction, looting and clashes with police as nationwide protests over the rising cost of living and poor conditions in schools escalated into violence, leaving businesses damaged and public buildings in flames. President Emmanuel Macron has vowed legal action against rioters while announcing measures to address public grievances.

The Times of India

Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

Indiana now has 45 measles cases, with Adams County doubling to eight and Wayne County at 14. See the county breakdown, who is getting sick, and what to do after exposure.

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Top stories on inkl right now

‘This is not poker’: Alberta goes to polls in referendum that has exposed divisions, not least among separatists

‘This is not poker’: Alberta goes to polls in referendum that has exposed divisions, not least among separatists

Voters to be asked whether province should remain part of Canada or hold second binding independence vote

The Guardian - UK

‘Narcos have one language – violence’: the activist defying France’s biggest drug cartel after his brothers’ murder

‘Narcos have one language – violence’: the activist defying France’s biggest drug cartel after his brothers’ murder

Amine Kessaci, 23, lives under constant threat as trial of five men becomes focus of nation’s battle with mafia-style crime

The Guardian - UK

Trump plans to begin DC golf course renovation in defiance of judge’s order

Trump plans to begin DC golf course renovation in defiance of judge’s order

Judge orders government to notify her by 8pm ET Sunday whether its position changed from Friday’s court filing

The Guardian - US

Ukraine war briefing: Trump accuses Zelenskyy of not wanting to end war as feud rumbles on

Ukraine war briefing: Trump accuses Zelenskyy of not wanting to end war as feud rumbles on

Trump defends decision to waive some sanctions on Russia; Lithuania foils attack on Starlink site; Kyiv hits another oil terminal. What we know on day 1,699

The Guardian - AU

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Mass protests plunge France into chaos: City halls torched, shops looted - in videos

Mass protests plunge France into chaos: City halls torched, shops looted - in videos

France witnessed widespread destruction, looting and clashes with police as nationwide protests over the rising cost of living and poor conditions in schools escalated into violence, leaving businesses damaged and public buildings in flames. President Emmanuel Macron has vowed legal action against rioters while announcing measures to address public grievances.

The Times of India

Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

Indiana Measles Cases Reach 45 as Adams County Cases Double and Wayne County Remains the Largest Cluster

Indiana now has 45 measles cases, with Adams County doubling to eight and Wayne County at 14. See the county breakdown, who is getting sick, and what to do after exposure.

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Lost Eloise portrait found in dumpster sells for $100,000 after decades in closet

In a fascinating twist of fate, Eloise's original portrait, crafted by Hilary Knight in 1956, mysteriously disappeared during a Junior League Ball in 1960. Rediscovered in a dumpster, it lay dormant in Knight's closet for years, only to be brought back to life at a 2017 exhibition at the New-York…

The Times of India

Kim Kardashian Is 'Technically More a Lawyer' Than Trump's Press Secretary, Jimmy Kimmel Says

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Picasso Plates Auction Sale: thrift find turns into $34,000 windfall; she saves one for later

While perusing a thrift store, Nancy Cavaliere stumbled upon four ceramic plates attributed to Pablo Picasso, each priced at just $1.99. After authenticating them through an auction house, she struck gold with a December 2022 sale where three plates fetched a remarkable $34,000. The plates are part of Picasso's Visage…

The Times of India

‘A key artist in her own right’: wallpaper and fabrics designer emerges from William Morris’s shadow

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The Guardian - UK

Mark Cuban is worth $10 billion—but in college, he paid for junior year with a dorm-room chain letter he admits was ‘basically a scam’

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