Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat

Summary of the front page

The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports. 

The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.

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Australian MP Helen Haines critically injured in alleged deliberate car attack

What’s going on?
Australian MP Helen Haines was critically injured after being hit by a car in what authorities describe as a deliberate act. The incident occurred outside her electorate office in Victoria, prompting an immediate investigation by local police. Prime Minister Anthony Albanese confirmed the event and described it as a serious attack against a public figure.
In contrast, BBC’s headline noted “Australian MP critically injured after being hit by car in apparent attack,” emphasising the nature of the incident as an attack. Meanwhile, NPR’s framing, “Australian prime minister says lawmaker critically injured by car is ‘no accident’,” underscores the Prime Minister’s characterisation of the event as intentional, hinting at a motive. This difference in framing highlights the contrasting focuses on the event’s gravity versus its implications.
Coverage analysed: BBC | NPR | CNN

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