- Associated Press
The Latest | Israeli defense minister says the military will expand operations into Rafah
Israeli Defense Minister Yoav Gallant said the military would expand its operations in the southern Gaza city of Rafah in talks Monday with a U.S. envoy. U.S. national security adviser Jake Sullivan met with Gallant and the Israeli military leadership in Tel Aviv. Sullivan’s visit comes two weeks into the military’s foray into Rafah, where troops have been battling Hamas fighters and escalating bombardment.
- Reuters
JPMorgan raises 2024 interest income forecast to $91 billion
NEW YORK (Reuters) -JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to $91 billion, excluding markets. JPMorgan's forecasts for NII have disappointed analysts who expected the bank to reap greater benefits from persistently higher interest rates. The lender boosted its NII outlook in April to $89 billion, from an earlier $88 billion, excluding the markets division.
- Indiewire
‘The Kingdom’ Review: Intense Coming-of-Age Crime Saga Sends a Father and Daughter on the Run
Cannes: Set in 1990s Corsica, Julien Colonna’s first feature is bolstered by magnetic debut screen performances.
