[overnight global news you need to know on Tuesday] 1. The Federal Reserve issued a financial stability report warning that banks' concerns about a slowdown in economic growth could lead to a reduction in lending, triggering an accelerated economic downturn. This is the first financial stability report released by the Federal Reserve since the collapse of four regional banks. 2. According to the opinion survey report of the Federal Reserve Senior loan Commissioner, the first-quarter survey results show that credit has tightened and demand for commercial loans has become weaker. The proportion of banking institutions that tightened credit conditions for large and medium-sized borrowers reached 46.0%, up from 44.8% before. The proportion of banks with weaker demand for loans is the highest since 2009. According to the White House, President Joe Biden will meet with House Speaker Kevin McCarthy, House Democratic Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell at 4 p.m. EDT on Tuesday. 4. At Berkshire Hathaway's annual shareholders' meeting in Omaha on Saturday, a conservative group's proposal to remove Buffett as chairman of the company was vetoed. 5. U.S. president Joe Biden will announce on Monday that the U.S. Department of Transportation plans to enact new rules that require airlines to compensate passengers with serious delays or cancellations if they are responsible. 6. California's Department of Financial Protection and Innovation (DFPI) said in a report on Monday that it plans to overhaul the process to allay the growing concerns of its staff and increase the number of people supervising banks with more than $50 billion in assets. 7. Us Treasury Secretary Yellen said that the US Treasury will run out of cash as early as June 1; there must be a compromise and Congress must raise the debt ceiling. On Monday, local time, Tesla CEO Elon Musk said at the groundbreaking ceremony of his lithium smelter in Texas that the plant is expected to produce lithium for about 1 million cars. 9. Vikas Dwivedi and other Macquarie strategists said in a report that the unusually long refinery maintenance period and the reduction in OPEC+ crude supply should support oil prices until the third quarter. 10. American cryptocurrency Exchange Bittrex Inc. Filed for bankruptcy protection on Monday. Google's parent company, Alphabet, plans to announce a series of generative artificial intelligence updates, including the launch of the General large language Model (LLM). 12. The three major indexes of US stocks closed mixed, with the Dow down 0.17%, the Nasdaq up 0.18%, the S & P 500 up 0.05%, most hot technology stocks up, hot Chinese stocks mixed, and the NASDAQ China Golden Dragon Index down 0.13%. 13. WTI crude oil futures closed up 2.55% at US $73.16 per barrel, while Brent crude oil futures closed up 2.35% at US $77.01 per barrel. COMEX June gold futures closed up 0.41% at $2033.20 an ounce.