Gordon Moore, a founding father of Silicon Valley, died Friday at 94, with his passing marking the further end of a golden era for the technology industry.
: Intel co-founder and digital-era pioneer Gordon Moore dies at 94
Gordon Moore, the co-founder of Intel Corp. who helped accelerate the digitization of everyday life, died on Friday at his home in Hawaii. He was 94.
: The human cost of bank failures
Also, how to buy a home in this difficult housing market, stock picks and retirement planning.
Weekend Sip: Jack Daniel’s returns to its roots with longer-aged whiskeys
The Tennessee whiskey brand is rolling out bottles with 10- and 12-year age statements.
: Biden says he doesn’t see anything ‘about to explode’ in banking sector
President Biden says U.S. banks are in “pretty good shape,” but says it will take time for things to “calm down” in the industry.
Economic Report: Small U.S. banks lose 1.9% of deposits after SVB failure — and more money could flee
Deposits at U.S. small banks fell 1.9% in the latest week, the Federal Reserve reported Friday, amid the fallout from the failure of Silicon Valley Bank.
In One Chart: Junk-bond defaults eclipse past two years in 3 months as Wall Street braces for credit crunch
Goldman Sachs is raising its default forecast for U.S. high-yield, or “junk-rated,” corporate bonds this year to 4% from 2.8% as more companies fall behind on their debts.
Market Extra: Bond market ‘screams’ rate cuts as yield curve points to real-time slowdown in U.S. economy
Fears about the global banking system has bond traders revisiting the idea of a full percentage point of rate cuts from the Federal Reserve by year-end.
Personal Finance Daily: Regional banks vs. national banks — should you move your money? And revenge travel is still hot, so will prices ever let up?
Friday’s top personal finance stories.
Cannabis Watch: Wana Brand CEO Nancy Whiteman tells entrepreneurs to ‘grow the pie’ for mainstream cannabis
Edibles maker sees more opportunities to widen the appeal of cannabis to appeal to everyday health and wellness, not just its intoxicating effects.
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