Fed President Bullard: Credit tightening won’t trip recession
Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks will not tighten credit enough to send the U.S. economy into a recession.
Investor Bill Miller takes on S&P 500 with new ETF
According to SEC filing, advisers of the Miller Value Partners Appreciation ETF say the fund has an above-average probability to outperform the S&P 500 over a multi-year time horizon.
Sweetgreen changes name of chicken burrito bowl, two days after Chipotle sues
Sweetgreen announced it will rename its new menu item, the Chipotle Chicken Burrito Bowl, to Chicken + Chipotle Pepper Bowl after Chipotle Mexican Grill sued the fast casual restaurant chain in a California Federal Court for violating their trademark rights.
Dollar bull market to end as Fed tempers rate hikes: strategists
Amid a banking crisis and the hawkish Fed strategy to raise interest rates and cool inflation, the U.S. dollar is predicted to weaken further in 2023.
Honda recalls 564,00 CR-Vs
Automaker Honda is recalling 564,00 CR-Vs in cold weather states because road salt can cause the frame to rust and rear suspension parts to come loose and fall off.
Bed Bath & Beyond enters into $120M merchandise agreement in bid to stave off bankruptcy
Bed Bath & Beyond announced a $120 million vendor consignment program with ReStore Capital that the struggling retailer hopes will help it keep inventory on the store shelves.
LeBron James, Tiger Woods become first billionaire athletes while still playing
For the first time, two active athletes have made Forbes' sports billionaires list. Tiger Woods and LeBron James reached the milestone.
Bloomberg unveils finance-focused AI model Bloomberg GPT
Bloomberg, a leading business and financial information company, has unveiled a new artificial intelligence (AI) learning model called BloombergGPT, which will assist financial professionals with a variety of natural language-processing tasks.
McDonald's shares hit all-time high
Shares of McDonald’s are extending gains after closing at a record high on Thursday following analyst upgrades.
Mark Wahlberg's new role pumps up stock of fitness company
Shares for F45 Training Holdings are up following the company’s announcement to add Tom Dowd as CEO and Hollywood actor and producer Mark Wahlberg as Chief Brand Officer.
Wall Street bonuses fall 26% on inflation, rising rates
After rising interest rates and fear of a recession mounted in 2022, Wall Street bonuses fell 26%.
Credit Suisse helping rich Americans evade taxes: report
Credit Suisse accused of concealing over $700M from government amid rescue takeover from rival UBS and helping rich Americans evade taxes.
US surpasses Russia as Europe’s top supplier of crude oil
The European Union imported more oil from the U.S. than Russia in December 2022, marking the EU's shift away from Russian energy following its invasion of Ukraine.
Consumer confidence rebounds amid inflation, bank crisis
A survey from the Conference Board on Tuesday showed the Consumer Confidence Index went up in March, rising to 104.2 from 103.4 in February.
Fed’s Barr calls Silicon Valley Bank a ‘textbook case of mismanagement’
The FDIC announced on Monday that First Citizens Bancshares Inc. is acquiring large pieces of SVB more than two weeks after the lender’s collapse caused turmoil in the banking system.
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.
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.
Deutsche Bank shares sink: What to know
Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.
Citigroup CEO says banking system ‘pretty sound’ after failures of Silicon Valley Bank, Signature Bank
Citigroup Inc CEO Jane Fraser on Wednesday expressed optimism in the nation's banking system despite the failures of Silicon Valley Bank and Signature Bank.
SEC cautions investors about crypto investments
The U.S. Securities and Exchange Commission issued an investor alert on Thursday, saying some crypto asset securities might not be compliant with U.S. laws.



















