First Citizens reportedly nearing deal to acquire Silicon Valley Bank
First Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.
Feds may throw struggling First Republic Bank a lifeline by expanding emergency lending program
Federal authorities are reportedly considering an expansion of the Federal Reserve's emergency lending program to help banks like First Republic Bank shore up their balance sheet.
House to consider TikTok legislation after CEO's testimony, Speaker McCarthy says
Speaker of the House Kevin McCarthy, R-Calif., said that Congress will move forward with legislation on TikTok to "protect Americans from the technological tentacles of the Chinese Communist Party."
Banking hearings on SVB collapse, GDP and Fed’s inflation gauge top week ahead
Banking turmoil will be the focus of hearings in the coming week as investors monitor the future of firms including First Republic while also digesting home price and inflation data.
Apple CEO Tim Cook welcomed with applause at Beijing conference sponsored by Chinese government
Apple CEO Tim Cook received applause from the audience as he gave an upbeat speech at a tech conference in Beijing sponsored by the Chinese government.
AOC TikTok defense ripped after Chinese parent company gave 6-figure donations to Hispanic caucus nonprofits
Rep. Alexandria Ocasio-Cortez was blasted for opposing a TikTok ban given Chinese parent company ByteDance's six figure donation to the Congressional Hispanic Caucus Foundation.
AOC rails against TikTok ban in first video to Chinese-owned platform posing possible national security threat
Rep. Alexandria Ocasio-Cortez, D-N.Y., said in her first TikTok video shared Saturday that she opposed a ban of the Chinese owned platform, downplaying national security concerns.
Cracker Barrel becomes latest company to flee Portland amid rising crime, retail theft
Cracker Barrel, citing the coronavirus pandemic, announced this week that is becoming the latest company to move its operations out of the state of Oregon.
Valley National, First Citizens bidding for Silicon Valley: report
Valley National Bank and First Citizens BancShares have reportedly submitted bids for the failed Silicon Valley Bank following it's collapse earlier this month.
IMF says risks to financial stability have increased, calls for vigilance
The International Monetary Fund has issued a warning that the risks to financial stability are rising.
Bond market is saying the economy is 'gonna slow': Ben Levisohn
'Barron's Roundtable' panel of Ben Levisohn, Carleton English and Andrew Bary discuss the stock market's performance following the Federal Reserve meeting, Nvidia shares and Ford's EV sales performance.
Michigan becomes first state in decades to repeal 'right-to-work' law
Michigan has become the first state in decades to repeal a "right-to-work" law. Gov. Gretchen Whitmer, a Democrat, signed the legislation on Friday to praise from President Biden.
Most Americans don't believe their children will be better off: poll
Over three-quarters of Americans expressed a lack of confidence their children's lives will be better compared to theirs, a Wall Street Journal-NORC poll showed.
Survey finds more than half of millennials, Gen Zers willing to spend more on movie tickets for better seats
Many U.S. millennials and Gen Zers expressed a willingness to spend more for better movie seats, while older generations were less likely to do so, according to a survey.
Spring home buying season shows 'steady demand' as mortgage rates slip for second week
Demand for home buying has been "steady" as mortgage rates continue to slip. Mortgage rates fell for the second week to 6.42%, according to Freddie Mac, after the Federal Reserve said it would modestly hike rates.
Fed getting pressured to stop raising rates when they should be hiking: Max Wasserman
Miramar Capital founder Max Wasserman and Great Hill Capital chairman Thomas Hayes discuss how banking turmoil could be influencing the Fed's efforts to stomp out inflation on 'The Claman Countdown.'
American Airlines to temporarily suspend route due to Boeing dreamliner delays
American Airlines is cutting flights now so because of expected delays in the delivery of Boeing 787 Dreamliners, crucial for the transatlantic route.
The Fed has been remarkably consistent: Sarah Kunst
BMO Capital Markets’ chief investment strategist Brian Belski provide insight on investing in the stock market on 'Making Money.'
Gas prices drop despite rising demand, tighter supply: AAA
Gas prices decreased this week to $3.49 per gallon, AAA reported. And prices could hold steady as the price of oil remains low, despite a rise in demand for gas.
Investors add $117B to money market funds amid banking turmoil
Data compiled by Investment Company Institute shows market fund assets ballooned to $5.13 trillion for the week ending on Wednesday, March 22, amid the banking crisis.