A reader thinks he has a sure thing with options, but it’s important to have guardrails in place with complex investments.

“Between my retirement, disability and Supplemental Security Income, I have an annual income of about $116,000, so I can live comfortably.”

U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon, in a move that authorities hope will calm markets and cap a period of uncertainty for regional lenders.

Total bank lending rose to $12.1 trillion in the seven days ended April 19 from $12.09 trillion in the prior week, the Federal Reserve said Friday.

Congress and the White House are likely to reach a deal to lift the U.S. debt ceiling, but only at the last minute, according to bond giant Pimco.

Longer-than-expected sales cycles brought on by economic uncertainty made worse by recent bank failures were key to Cloudflare Inc.’s first poor report.

The stock-market’s ‘fear gauge’ falls to a nearly 18-month low as investors shrug off worries over a debt-ceiling standoff, banks and potential recession.

President Biden reportedly plans to address the plight of wrongfully detained journalists in his remarks on Saturday at the White House Correspondents Dinner.

Friday’s top personal finance stories.

Shares of cybersecurity companies Cloudflare and Tenable had a bad week as the Silicon Valley Bank failure turned a strength into a liability.