Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from the Federal Reserve

Experts, banks look for ideas to stop next bank failure

The warning signs were all there

The Independent UK

Lawmakers are split on how to respond to the recent bank failures

Days after the failure of two regional banks shook the financial industry, lawmakers say they want answers but disagree on what role Congress should play right now.

WEKU

Average long-term US mortgage rates come back down to 6.6%

The average long-term U.S. mortgage inched back down this week after five straight weeks of increases, good news for homebuyers as the housing market’s all-important spring buying season gets underway

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Yellen seeks to reassure US legislators after bank collapse

Treasury chief tells lawmakers customers ‘can feel confident that their deposits will be there when they need them’.

Al Jazeera

3 Best-in-Class Growth Stocks to Buy Now

The Fed will likely go ahead with a smaller interest rate hike next week to stabilize the financial sector. This could give growth stocks some relief from the continued sell-off. Therefore, it could be wise to buy fundamentally strong growth stocks Salesforce (CRM), Extreme Networks (EXTR), and Cars.com (CARS). Read…

StockNews.com

3 Stocks to Sell Now Before Losses Worsen

Despite the banking industry crisis, the Fed is expected to launch another rate hike next week as it remains committed to bringing inflation down. Therefore, fundamentally weak stocks Snap (SNAP), Peloton Interactive (PTON), and Tilray Brands (TLRY) might be best avoided as they might plunge further. Keep reading.

StockNews.com

Recession or not, California’s economy should fare better than rest of the nation

Whether the economy slumps this year or not, California shouldn’t feel as much pain as the rest of the country.

Tribune News Service

Read news from The Economist, FT, and more,
with one subscription

BlackRock's Larry Fink sees the possibility of a broader banking crisis on the horizon: 'Are the dominoes starting to fall?'

Larry Fink, chief of the largest asset managers in the world, compared the SVB fallout to a "slow rolling crisis" similar to the Savings and Loan crisis.

Fortune

Robert Kiyosaki Is Predicting The Next Bank Seeing The Same Fate As It Happened To Lehman Brothers

Investor and entrepreneur Robert Kiyosaki made a new prediction for the banking sector that could possibly hit as this year

Zenger

The unexpected American shopping spree seems to have cooled

Retail sales dipped 0.4% in February after a surprise start-of-the-year surge that appeared at odds with the Federal Reserve's goal of cooling down the economy.

WEKU

US wholesale inflation fell last month on lower food costs

Wholesale price increases in the United States slowed sharply last month as food costs declined, a sign that inflationary pressures may be easing

The Independent UK

Supreme Court case features twist on appropriations power

WASHINGTON — Congress has used a clause in the Constitution for more than two centuries to control how the federal government spends funds, but the Supreme Court is poised to decide whether that same language also limits what lawmakers can do.

Tribune News Service

Progressives and bankers find common ground in SVB crisis

They both blame Fed regulators.

Axios

Cathie Wood: regulators missed 'crisis looming in plain sight'

The tech investor argued that problems in traditional banking hurt cryptocurrencies, not the other way around.

Fortune

Get all your
news in one place.

100's of premium titles.
One news app.

Los Angeles Times

Commentary: Beyond saving Silicon Valley Bank’s depositors, here’s what needs to happen next

Before Thursday, Silicon Valley Bank was regarded as being in “sound financial condition.” But on that day it experienced attempted withdrawals of $42 billion, about a third of its U.S. deposits. By close of business, the run on the bank made it incapable of paying its obligations as they came…

The Independent UK

Despite market slump, high rates dim homebuyer affordability

Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season

The Independent UK

Gallego slams Sinema over 2018 bank deregulation vote

Democratic Rep. Ruben Gallego is slamming independent Sen. Kyrsten Sinema for backing a bank deregulation bill he says contributed to the collapse of Silicon Valley Bank

USAFacts

What are bank runs and bank failures—and how common are they?

The Silicon Valley Bank failure is the second largest in US history. The bank had controlled more than $175 billion in total deposits.

Get all your
news in one place.

100's of premium titles.
One news app.

Los Angeles Times

Did deregulation lead to Silicon Valley Bank's collapse?

It was a scene straight out of the Great Depression: a major California bank locking its doors and pulling down the shades as a horde of panicky depositors demanded their money.

ABC News

ASX recovers as fears of rapid US rate hikes and bank crisis subside

After three days of losses, the local share market is following a rebound on Wall Street as concerns of a banking crisis eased, while the Australian Energy Regulator has revealed power prices will rise by around 20 per cent in several states.

StockNews.com

The 5 Best Stocks to Buy and Watch in 2023

Recent rhetoric from the Federal Reserve, the collapse of the Silicon Valley Bank, and strong economic data have now resulted in an extremely volatile market backdrop. Against this, adding fundamentally sound stocks Bristol-Myers Squibb (BMY), General Motors (GM), McKesson Corp. (MCK), Cardinal Health (CAH), and American Vanguard (AVD) to your…

The Independent UK

Fed, under criticism for bank failure, faces tough decisions

The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into what became the second-largest bank failure in U.S. history

The Guardian - UK

SVB collapse presents central banks with a big headache

Failure of America’s 16th biggest bank amid high inflation poses an awkward decision on interest rates for the Federal Reserve

Reason

Inflation Isn't Going Away

Prices rose by 0.4 percent in February and core inflation was up 0.5 percent, the third consecutive month that it has increased.

StockNews.com

5 Retail Stocks to Avoid as Shoppers Pull Back on Spending

As inflation continues to remain elevated and the Fed is unlikely to stop its rate hikes, the retail industry could remain under pressure due to dampened consumer spending. Therefore, investors could benefit from steering clear of fundamentally weak stocks Five Below (FIVE), GameStop (GME), Wayfair (W), Ollie's Bargain Outlet Holdings…

1 … 89 90 91 92

People

Dipanjan BanchurSince

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.