When will the US raise rates, Swiss negative yields and an American homecoming

Tsarnaev guilty of Boston Marathon bombings Dzhokhar Tsarnaev was found guilty of all 30 counts against him for his role in the April 2013 bombings at the Boston Marathon, including charges of using weapons of mass destruction.

The attack, which killed three people and wounded 264 others, was the worst terrorist incident on US soil since September 11 2001. (FT and Reuters)

His conviction is likely to spark debate over whether he should receive the death penalty, as the government has recommended. Massachusetts abolished capital punishment in 1984 and has not executed anyone since 1947, but Tsarnaev faces the death penalty because he was convicted of federal crimes. (NYT$)

When will the US raise rates? Federal Reserve policy makers were split several ways over when the right moment to lift start lifting interest rates, minutes of the latest policy meeting have revealed. Some members advocated a move as soon as June given the improved economic outlook, while others wanted to wait – some until 2016. (FT)

Swiss sell debt at negative yield Switzerland has become the first government in history to sell benchmark 10-year debt at a negative interest rate, as falling prices and unprecedented action by the world’s major central banks send global markets further into unknown terrain. (FT)

Chinese investors pour into Hong Kong Investors from mainland China are snapping up what they regard as bargains – the Hang Seng Index shot up 6.5 per cent in the opening minutes of Hong Kong trading, a day after soaring 3.8 per cent. (FT)

Poring over the details The consequences of Shell’s plans to acquire BG for £47bn include the Anglo-Dutch group becoming Brazil’s largest foreign oil company, outpacing production at ExxonMobil, currently the world’s biggest non-state oil group, according to some analysts. (FT)

When Mr Market gets moody More market volatility. A decline in valuations. That’s the verdict of Jamie Dimon, chief executive of JPMorgan Chase, and one of the few bank bosses chief executives willing to challenge the regulatory architecture put in place since the 2008 crisis, in his latest annual letter to shareholders . In his annual letter to shareholders, he warned that the ability of banks to act as shock absorbers had been dramatically hindered by new capital and liquidity rules. (FT)

It’s a big day for

Walgreens Boots Alliance Investors will be look closely at second-quarter results of the newly combined US-UK pharmacy group. Walgreens last year acquired the 55 per cent of British chain Boots that it did not already own in a deal worth about$15bn.

Food for thought

An American homecoming Three decades after her family fled from the communist regime in Vietnam to a new life in the US, reporter Oanh Ha decided to returned to cover the country’s economic transformation. Her father was not pleased. (Bloomberg)

Battle for hearts and taxpayers Britain’s politicians are playing a foolish game in making tax commitments to try and win votes in the 2015 general election, argues the FT’s Chris Giles. Such promises are rarely remembered except if they are broken years later — in the meantime just tie the hands of politicians. (FT)

Red River Women Each year in Canada, dozens of Aboriginal women are murdered or disappear. Between 1980 and 2012, nearly 1,200 Aboriginal women and girls were murdered or went missing, according to a police study, and Aboriginal women are four times more likely to be murdered or go missing than other Canadian women. This harrowing investigation looks at why. (BBC)

Video of the day

The FT’s Martin Wolf dissects the Chinese economy in an era of lower growth. (FT)

This article is published in collaboration with The Financial Times. Publication does not imply endorsement of views by the World Economic Forum.

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Image: The United States Federal Reserve Board building is shown behind security barriers in Washington. REUTERS/Gary Cameron.