The sudden meltdown of high-tech lender Silicon Valley Bank is unlikely to cramp the U.S. economy, analysts say, but it could raise the odds of a recession that many believe is inevitable later this year.
: Regional banks are seeing flight of deposits to too-big-to-fail megabanks
The unexpected closure of Signature Bank over the weekend sparked a shoot-first-ask-questions-later mentality by investors as deposits flowed to biggest banks.
: Rivian’s stock falls more than 3% as EV maker and Amazon consider changes to electric-van deal
Rivian Automotive’s stock fell by over 3% Monday after news that the EV maker and Amazon are discussing the exclusivity part of their deal for electric vans.
Washington Watch: Biden approves Willow oil-drilling permit in Alaska. It’s a ‘carbon bomb,’ one group says.
Approval for new oil drilling in Alaska by ConocoPhillips comes with conditions but is still one of President Biden’s most consequential climate choices to date.
Movers & Shakers: Regional banks pace decliners, as biotech deals lift Seagen and Provention Bio
Here are some of the biggest movers on Monday with banks in focus after federal regulators stepped into protect deposits at fallen bank SVB.
Crypto: Bitcoin passes $24,000 as crypto prices soar amid bank jitters
Cryptocurrency prices soar after the collapse of Silicon Valley Bank and Signature Bank.
: Crypto exchange OKcoin pauses USD deposits following closure of Signature Bank
Crypto exchange OKcoin temporarily paused U.S. dollar deposits in the wake of the closure of crypto-friendly Signature Bank by state regulators Sunday.
The Ratings Game: Roku stock turns positive as investors tune out SVB noise
The federal government has stepped in to protect SVB depositors, and Roku Inc. shares were turning higher Monday after initially registering declines.
: ‘You don’t need a man anymore’: More single women than single men own property.
According to a new report by Bankrate, the number of single female homeowners continues to surpass the number of male homeowners.
Project Syndicate: SVB’s failure proves the U.S. needs tighter banking regulations so that all customers’ money is safe
Ordinary depositors are not supposed to be managing bank risk; they should be able to rely on the regulatory system, writes Joseph Stiglitz.
- « Previous Page
- 1
- …
- 949
- 950
- 951
- 952
- 953
- …
- 1275
- Next Page »