The amount of money U.S. banks borrowed from the Federal Reserve fell by almost half last week, mostly because of the distressed sale of First Republic.
Metals Stocks: Gold settles lower as U.S. jobs report casts fresh doubt on pause in Fed rate hikes
Gold prices settled lower on Friday, a day after marking their highest settlement level since August 2020, as a strong April U.S. jobs report fueled fresh doubt that the Federal Reserve will pause interest-rate hikes.
Futures Movers: U.S. oil prices eye first gain in 5 sessions, on track for a weekly loss
Oil futures on Friday look to post their first gain in five sessions, but hold onto a nearly 7% loss for the week.
Outside the Box: U.S. debt-ceiling standoff threatens stocks, bonds, cheap imports — even your money market fund
Less consumption and investment, greater financial shocks, would damage U.S. and global growth and investor confidence.
Market Snapshot: Dow ends up more than 500 points, U.S. stocks snap 4-day losing streak after jobs report, Apple earnings
The U.S. stock market ended sharply higher Friday, boosted by a strong April jobs report, a rebound in regional-bank shares, and solid Apple earnings.
: Apple hands Warren Buffett’s Berkshire Hathaway a $214 million payout ahead of shareholder weekend
Some good news for Berkshire shareholders? Another Apple dividend payout.
Movers & Shakers: Apple, Carvana, PacWest stocks rally, AMC and Lyft shares fall, and other stocks on the move
Regional banks rebound after another day of heavy selling on Thursday
NerdWallet: The best and worst days to fly around Memorial Day
Memorial Day may mark the unofficial beginning of summer in the U.S., but it’s the days ahead of it that kick off big airport crowds. Some are worse than others
NerdWallet: Four reasons to buy a business instead of launching one
Starting a business from scratch can be an enticing dream. It’s also difficult to come up with an original idea, find the right team and fund its growth.
Next Avenue: For the best travel experiences, try un-planning
Skip out on the rigid schedules of sightseeing and allow for some chance encounters. It will make your travel experience richer and more memorable.
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