‘It seems they put a high price target to generate interest in the IPO.’

Of the 15 highest-paid basketball coaches in the NCAA, 14 of them had their team qualify for the 2023 March Madness tournament.

SVB Financial Group said Friday it has filed for Chapter 11 bankruptcy in New York and will seek a court-supervised reorganization.

2023 is on pace to surpass 2022 for global tech redundancies, with tech companies laying off more than 139,000 employees so far, according to Layoffs.fyi data.

A survey of consumer sentiment slid to 63.4 in March and fell for the first time in four months, reflecting angst about high inflation and a slowing economy.

The U.S. leading economic index fell 0.3% in February — the 11th decline in a row — continuing to signal an upcoming recession.

Credit Suisse shares slumped again on Friday, as the Swiss bank struggles to convince investors that a series of moves will restore its finances.

American Airlines’ stock has tumbled enough in the past week, that long-time bearish analyst Scott Group at Wolfe Research said it was time to stop selling.

U.S. industrial output was flat in February, the Federal Reserve said Friday.

Gold prices rallied over 2% on Friday, and is on pace to register the biggest weekly gain since mid-November as fears of a global banking crisis weigh on investors’ sentiment, bolstering the safe-haven appeal of the yellow metal.