Latest from Banking and finance

Microsoft and Alphabet earnings show signs of resilience, AI hype draws Kiwi investors

Tech giants making big bets on artificial intelligence.

Adidas goes local as it fights to overcome crisis in China

Financial Times: New China boss appeals to consumers with patriotic clothing lines.

Bed Bath & Beyond files for Chapter 11 bankruptcy

Financial Times: Once popular retailer failed to keep up with the rise of online shopping.

Will Apple take a big bite out of the banks?

Tech giant’s ventures into financial services signal greater ambitions to take on Wall St.

Diana Clement: Why you shouldn’t help your children financially

Teach children early to stand on their own two feet financially.

Five takeaways from China’s first-quarter GDP data

Financial Times: Retail surge and strong exports drive growth but recovery uneven.

Depositors pull nearly $100 billion from three US banks

Financial Times: Deposit flight turbocharged by Silicon Valley Bank collapse.

Kiwi start-up says open banking could help fight scams

Open banking backer says technology could help with scam-proofing Kiwis.

Opec’s gamble: Can the global economy cope with higher oil prices?

Financial Times: Led by a confident Saudi Arabia, the cartel wants to boost its revenues.

Trad front, rad back: Grey Lynn house valued at $5.6m for sale

'But a lot was done on the renovation. I spent too much on that - over $2.5m.'

Central Otago vineyard: What went wrong, why IRD called liquidators

IRD wants $40,000, other creditors claim $97,000 from pinot noir specialist.

From Florida to New York and back: A surreal two days in Trump World

Financial Times: A divided country’s madness raged outside the court.

Global banking turmoil: ‘There’s more skeletons in the closet’

Pie Funds' Mike Taylor: Be prepared for more collapses in banking sector.

Northland wildlife sanctuary owes IRD $264,000, tiger and lion welfare a priority

Covid-19 wage relief subsidies of $199,000 were received during the pandemic height.

Why tens of thousands of Kiwis can’t get a bank account

And what needs to change to enable them to.

Six reasons why one Ponsonby Central restaurant failed

'Business was already financially struggling with high overheads and staffing issues.'