The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
Bitcoin seesaws after Fed raises rates, and crypto firms turn to Swiss lenders: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Hassan Zavareei, managing partner at Tycko & Zavareei, discusses the latest in the Supreme Court case, Coinbase v. Bielski.
‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators
Treasury Secretary Janet Yellen has not discussed or considered any plans to guarantee all bank deposits following the Silicon Valley Bank collapse, she said.
Another Fed rate hike is here — should you keep switching savings accounts to chase a higher return?
Scoring a higher APY can be meaningful, but first consider your current interest rate and balance.
Here’s what the Federal Reserve’s 25 basis point interest rate hike means for your money
When the Federal Reserve changes its benchmark rate, everything from credit cards to savings accounts can be affected.
Why 200,000-plus servicemembers and veterans are suing 3M
More than 200,000 military servicemembers and veterans are suing 3M claiming its Combat Arms earplugs failed to protect them.
Fed recap: All the market-moving comments from Fed Chair Powell after rate hike
The Federal Reserve announced a 25 basis point rate hike on Wednesday. The increase was widely anticipated by the market.
Don’t chase meme stock GameStop here, says Jefferies
Meme-stock darling GameStop’s recent quarterly earnings strength isn’t enough to ignore core business headwinds, according to a Tuesday note from Jefferies.
Trump-linked Digital World Acquisition Corp fires CEO Patrick Orlando
DWAC, which planned to take Trump’s media company public, is being probed by federal authorities.
PacWest falls 17% after regional bank discloses deposit outflows, additional liquidity
The bank said Wednesday that it now has $27.1 billion in deposits, which is down from $33.9 billion at the end of December.