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You are here: Home / Archives for Top Stories

: Meta to cut 10,000 more jobs in latest round of layoffs for Facebook parent

March 14, 2023 by MarketWatch.com - Top Stories

Meta Platforms Inc. plans to lay off 10,000 more employees as it focuses on ‘year of efficiency.’

Filed Under: Top Stories

MarketWatch: First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses

March 14, 2023 by MarketWatch.com - Top Stories

Regional-bank stocks posted big gains Tuesday after huge losses in the previous session, but volatility continued following the demise of SVB and other banks.

Filed Under: Top Stories

The Tell: ‘I’m not seeing true danger here’: Michael Burry says U.S. banking crisis to be resolved ‘very quickly’

March 14, 2023 by MarketWatch.com - Top Stories

Investor Michael Burry said in a tweet late Monday that he expects the crisis surrounding the collapse of Silicon Valley Bank to be resolved “very quickly” one day after comparing SVB’s collapse to the great financial crisis and the dot-com bubble.

Filed Under: Top Stories

Retirement Hacks: Is your retirement money safe? Here are the rules.

March 14, 2023 by MarketWatch.com - Top Stories

The collapse of Silicon Valley Bank has investors worried – understand your rights 

Filed Under: Top Stories

: Elizabeth Warren calls on Fed chief Powell to recuse himself from Silicon Valley Bank investigation

March 14, 2023 by MarketWatch.com - Top Stories

‘Fed Chair Powell’s actions to allow big banks … to boost their profits by loading up on risk directly contributed to these bank failures,’ Warren said.

Filed Under: Top Stories

: This macro fund ‘tactically’ went long the Israeli shekel on the planned judicial reforms

March 14, 2023 by MarketWatch.com - Top Stories

Trium Capital’s global macro fund attempted to gain from shekel movements reacting to the Israeli government’s closeness to overhaul the judiciary system, but political uncertainty cut short its trade.

Filed Under: Top Stories

: Silicon Valley VCs vow to work with SVB if a new owner is found

March 14, 2023 by MarketWatch.com - Top Stories

Hundreds of venture-capital firms, including Sequoia Capital and RRE Ventures, have pledged to work again with Silicon Valley Bank if a new owner is found.

Filed Under: Top Stories

: Suddenly a half-point ECB hike isn’t guaranteed after bank collapses in U.S. and share price slides in Europe

March 14, 2023 by MarketWatch.com - Top Stories

Market expectations for a half-point rate hike by the European Central Bank are changing on the eve of the decision.

Filed Under: Top Stories

: Months after its own financial turmoil, U.K. set to release new budget

March 14, 2023 by MarketWatch.com - Top Stories

Jeremy Hunt on Wednesday is due to deliver the official budget, which unlike its corresponding document in the U.S., is eagerly anticipated because it usually becomes law.

Filed Under: Top Stories

Movers & Shakers: First Republic leads big rally in regional banks, while United Airlines dips on profit warning

March 14, 2023 by MarketWatch.com - Top Stories

KBW recommends buying a batch of financials as the recent selloff is considered overdone.

Filed Under: Top Stories

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