Know the facts when you’re filing your taxes this season. Here’s a look at the truth behind some common tax myths.
UBS upgrades this regional bank stock that can rally more than 50%
The Wall Street firm said this bank is positioned well for a lower interest rate environment.
Bitcoin is already up 50% this year — beating stocks and gold
On Jan. 1, bitcoin began trading at just over $16,500. On Wednesday, it was hovering around the $25,000 mark, thanks to a rally that began on Sunday.
Credit Suisse upgrades Charles Schwab, says stock has ‘overshot to the downside’ in Silicon Valley Bank fallout
The Wall Street firm upgraded the stock to outperform from neutral. Charles Schwab shares are down 31% this year.
Credit Suisse chair says SVB crisis looks contained, rejects talk of government assistance
On Friday, SVB was taken over by regulators after massive withdrawals a day earlier effectively created a bank run.
Top Senate Democrats press DOJ, SEC to investigate whether Silicon Valley Bank executives broke any laws
California bank regulators shuttered SVB on Friday and the FDIC set up an intermediary bank to take over the bank’s insured deposits.
Silicon Valley Bank collapse throws up uncertainty for a European Central Bank hoping to hike rates
European markets closed sharply lower Monday amid the fallout from the SVB crisis.
Ukraine war live updates: Moscow says it’ll try to retrieve U.S. drone; British and German fighter jets intercept Russian aircraft
The fallout from an encounter between a U.S. drone and Russian fighter jets on Tuesday continues to be monitored closely.
BMW expects higher margin and deliveries in 2023 amid electric rollout
The company plans to deliver 10 million fully electric vehicles by 2030.
Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil
The Federal Reserve will likely not raise interest rates at its March meeting as there is still a “boatload of uncertainty” said Mark Zandi of Moody’s Analytics.