Finance

Gary Gensler, against advice of career workers in the SEC, is pushing to ban the short-selling of regional bank stocks, in the wake of recent collapses and falling stock prices.

Consumer and producer inflation data, and the debt ceiling, lead the week ahead for investors who will be watching Disney earnings, which may include the latest on its feud with Gov. DeSantis.

For stock investors, there are plenty of reasons to not "sell in May and go away" this year, including inflation, macro uncertainty and the banking crisis.

Berkshire Hathaway CEO Warren Buffett will answer questions for five hours during the conglomerate's annual meeting in Omaha, Nebraska on Saturday.

The economy added 253,000 jobs in April, an increase from the previous month but slower than the average gain of 290,000 in the last six months, according to the latest employment report from the Bureau of Labor Statistics (BLS).

The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.

The Senate Banking Committee announced that it will hold a hearing this week in the wake of the failure of First Republic Bank, which was acquired Monday by JPMorgan Chase.

Shares of Uber are higher on Tuesday after the ride-sharing company reported growth in gross customer bookings and deliveries in the first quarter of 2023.

Berkshire Hathaway’s Charlie Munger said on Monday that a storm is brewing in commercial property market, as property prices fall and banks deal with bad loans.

The Treasury Department said Monday that the deposits of former customers at collapsed First Republic Bank are safe because the banking system remains sound and resilient.

PNC Financial Services is on the inside track of bidding on First Republic Bank, as the bidding deadline looms and the struggling bank's stock were free-fall earlier this month

The FDIC set a Sunday deadline for bidding on First Republic Bank and has asked JPMorgan Chase & Co., PNC Financial Services Group, and other banks to send final bids.

JPMorgan Chase & Co. and PNC Financial Services Group are expected to bid to buy First Republic Bank after it is taken over by the FDIC.

A Brigham Young University-led study has found that AI language model ChatGPT is susceptible to simple mathematical errors and is often an unreliable accountant.

An internal review of the Federal Deposit Insurance Corporation’s supervision of Signature Bank concluded “poor management" led to the bank’s failure.

Shares of First Republic Bank tanked on Friday amid reports of uncertainty about whether the lender could see a rescue deal.

Real GDP increased at an annual rate of 1.1% in the first quarter of 2023, after rising 2.6% in the fourth quarter of 2022, according to the BEA's advance estimate.

A senior executive of Citigroup has been let go from the multinational bank after his connections with disgraced financier Jeffrey Epstein were made public.

Conservative Dad's Ultra Right Beer will reach $1 million in sales just weeks after its mid-April launch, making waves in the beer industry amid the Bud Light controversy.

Republican senators wrote a letter to the Biden administration Tuesday, urging it to take action against cloud computing firms with links to China.