Bankruptcy

Auditors didn’t flag risks building up in banks

Audit firm KPMG LLP flagged potential losses on loans as a critical matter for Silicon Valley Financial but missed the inherent bond losses and unreliable deposits that took the financial institution down, the Wall Street Journal reported.

Ryan Payne: Chasing gold prices is 'fool's good'

Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss rising gold prices, corporate job layoffs and the markets amid expecting earnings reports.