The World Health Organization said Friday that it expects to be able to declare an end to the COVID-19 pandemic sometime in 2023.
: SoFi CEO Noto continues to load up on stock with $1.24 million in purchases this month
SoFi CEO Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company’s stock Thursday.
The Human Cost: ‘You can’t just give up’: Parents struggle to feed their families after extra SNAP benefits come to an end
Higher food prices and the end of SNAP emergency allotments present a dual challenge for families.
: Billionaire Jim Ratcliffe meets with Manchester United for sale talks
Ratcliffe is chief executive of the chemical giant Ineos.
: Analyst says banking crisis is ‘over.’ Is it too soon to invest in bank stocks?
Also, how a bank failure can affect a small business, how to make the most of FDIC deposit insurance and bank stocks for bottom feeders to consider.
Outside the Box: SVB’s collapse exposes the Fed’s massive failure to see the bank’s warning signs
SVB’s conduct should have sent alarm bells ringing, but the San Francisco Federal Reserve Bank appears not to have heard them, writes Aaron Klein.
: Biden calls for tougher penalties for executives at failed banks
President Joe Biden urges U.S. lawmakers to make it easier for regulators to crack down on banking executives who didn’t manage their institutions properly.
The Ratings Game: Nvidia’s stock upgraded as AI deemed ‘too much of a megatrend’ to ignore
Nvidia’s valuation “has moved to the stratosphere on near-term numbers,” but Morgan Stanley still sees the stock as an attractive way to play chip stocks.
Washington Watch: Unlimited deposit insurance: A radical idea that’s gaining steam in Congress
The Silicon Valley Bank bailout highlights the potential need for a dramatic overhaul of the U.S. deposit-insurance system and banking regulations more broadly.
: First Republic sinks bank stocks as investors shrug off $30 billion infusion
Downgrade by Wedbush reflects view that a run on deposits at First Republic Bank has taken too large a toll for a $30 billion capital infusion to turn the tide.
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