With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates just yet - buoying the dollar as other central banks chomp at the bit. Fed Governor Christopher Waller set the tone for the Easter break on Wednesday indicating the central bank was being patient rather than hesitant in lowering borrowing costs this year. Although the comments marginally shaved expectations for a rate cut as soon as June - and nudged two-year Treasury yields back up - it was also clear Waller was merely talking about timing.
Olympic silver medallist Keely Hodgkinson is thrilled to give athletics fans a sneak peek at how she is aiming to upgrade to gold in Paris as part of two fly-on-the-wall documentaries.
A few years after graduating from college, Sam Bankman-Fried grew worried he was not taking enough risks. So the son of two Stanford Law School professors quit his Wall Street job and in 2017 started a cryptocurrency hedge fund, setting off a sequence of events that will culminate on Thursday with his sentencing over what federal prosecutors have called one of the biggest financial frauds in U.S. history. Prosecutors are seeking 40 to 50 years behind bars for 32-year-old Bankman-Fried, while his defense lawyers have argued he should receive less than 5-1/4 years.