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You are here: Home / Archives for US Top News and Analysis

Regional bank rebound stalls on Monday as PacWest gives back much of its early trading gains

May 8, 2023 by US Top News and Analysis

PacWest Bankcorp led a relief rally in regional banks Monday, after the struggling lender slashed dividend to build capital amid the banking crisis.

Filed Under: Uncategorized

UBS upgrades this pool equipment stock ahead of a potential demand rebound

May 8, 2023 by US Top News and Analysis

UBS says Pentair shares could rally more than 24% as demand in the pool sector is expected to rebound later this year.

Filed Under: Uncategorized

Coinbase CEO says SEC is on ‘lone crusade,’ dials back on suggestion exchange may relocate

May 8, 2023 by US Top News and Analysis

Brian Armstrong, Coinbase’s CEO, said the SEC is on “a lone crusade” with Chair Gary Gensler taking a “more anti-crypto view.”

Filed Under: Uncategorized

Oil’s sharp slide has surprised markets. But some traders now see a bottom for prices

May 8, 2023 by US Top News and Analysis

The recent whipsaw of oil prices are bottoming out, analysts forecast, with a more significant pickup in subsequent quarters in the cards.

Filed Under: Uncategorized

JPMorgan says this airline stock can more than double as demand for international travel grows

May 8, 2023 by US Top News and Analysis

JPMorgan said this upgrade reflects a long-term shift in which “the Big 3” airlines have seized the high ground from the “discounters.” 

Filed Under: Uncategorized

Biden plans to bolster U.S. airline consumer protections

May 8, 2023 by US Top News and Analysis

President Joe Biden will announce on Monday new rules requiring airlines to compensate passengers for significant flight delays or cancellations.

Filed Under: Uncategorized

Russia launches fresh wave of strikes on Ukrainian cities; Wagner boss ditches threat to leave Bakhmut

May 8, 2023 by US Top News and Analysis

The new wave of Russian attacks on Ukraine come just one day ahead of Moscow’s planned Victory Day celebrations on Tuesday.

Filed Under: Uncategorized

Binance lifts block on bitcoin withdrawals amid heavy volumes

May 8, 2023 by US Top News and Analysis

Binance temporarily shut bitcoin withdrawals late Sunday and early Monday, blaming a glut of pending transactions as it didn’t offer miners high enough rewards.

Filed Under: Uncategorized

‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination

May 8, 2023 by US Top News and Analysis

British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs.

Filed Under: Uncategorized

‘Secondary humanitarian crisis’ expected in Sudan as refugees pour into neighboring countries

May 8, 2023 by US Top News and Analysis

The International Rescue Committee anticipates “a secondary humanitarian crisis” as refugees pour into neighboring countries escaping the escalating conflict in Sudan.

Filed Under: Uncategorized

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