President Biden to ask for stricter rules in the wake of the collapse of Silicon Valley Bank and Signature Bank in recent weeks.
The Ratings Game: Carnival stock surges after second analyst upgrade in two days
Carnival’s stock surges after Susquehanna turns bullish, saying the 2023 Wave booking season is shaping up to be “one for the books.”
In One Chart: Commercial mortgages are a big $3.1 trillion share of bank holdings: Goldman Sachs
A big slice of U.S. bank liabilities are commercial mortgages and loans to the real-estate industry, according to a Goldman Sachs analysis.
: Trump grand jury reportedly taking break for most of April
The Manhattan grand jury probing former President Trump’s alleged role in a hush money payment to a porn star is scheduled to break for about a month.
: SEC seeks $2.4 billion budget for FY2024, highlights risks in crypto
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, said he is supporting president Biden’s request of a $2.4 billion budget for the agency in the fiscal year of 2024, partly to add an additional 170 positions.
The Fed: ‘One or done’ scenarios seem likely for the Fed, economists say
Economists see there would be either one more 25 basis point rate hike from the Fed or that the central bank was done with raising rates.
: Air-travel complaints quadrupled between 2019 and 2022. Here’s why.
‘Unreliable air travel has ruined too many special times for too many Americans the last couple of years,’ says the author of a new report.
Key Words: ‘Should we risk loss of control of our civilization?’ Elon Musk, Steve Wozniak and other tech leaders ask in petition to halt AI development
The petition, created by the Future of Life Institute, warns that AI labs are ‘locked in an out-of-control race’ that could be dangerous to society.
: Apple sets date for WWDC event where it could unveil its new headset
Apple has set a June 5 kickoff date for its annual WWDC conference, which is expected to feature the debut of the company’s long-awaited mixed-reality headset.
: Who is selling their homes in this uncertain housing market? The same people who are buying houses more than anyone else.
Homeowners across generations said the most common reason to sell was to be closer to friends and family.
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