GLOBAL ECONOMY

The FDIC's quarterly banking report found that total deposits in U.S. banks declined as uninsured deposits were withdrawn even as insured deposits rose amid the banking crisis.

Amazon agreed to settle two lawsuits with the Federal Trade Commission on Wednesday for about $30 million, regarding privacy issues with Alexa assistant and Ring doorbell.

The global billionaire population declined last year according to the latest Billionaire Census, but the United States still holds far more than any other country.

The Biden administration is in the middle of a review of tariffs on a variety of imported goods from China. A decision could be made before the end of the year.

Commerce Secretary Gina Raimondo said the U.S. "won't tolerate" China's move to ban Micron's chips from critical infrastructure in China over vague national security concerns.

Apple and Fintiv will participate in a court-ordered settlement conference in early June in an effort to settle Fintiv's patent infringement claims against Apple.

JPMorgan Chase and the U.S. Virgin Islands are battling in court over allegations of condoning Jeffrey Epstein's sex trafficking of young girls.

China-based companies suspected of producing chemicals for illicit fentanyl manufacturing have received at least $38 million in cryptocurrency payments since 2018, Chainalysis says.

AI-driven technology developed by VeriSIM Life accelerates drug development and reduces the need for animal testing by analyzing pharmaceuticals before human trials.

Pfizer's oral diabetes drug could join the lineup of sought-after drugs tackling weight loss. A recent study showed promising weight loss results in those with Type 2 diabetes.

2022 marked the year that drug tests administered following workplace accidents showing positive results for marijuana reached the highest level in 25 years: Quest Diagnostics.

The Chinese government announced restrictions on imports of Micron Technology's semiconductors, citing "national security risks" with the U.S. chipmaker's products.

San Francisco said on Wednesday it reached a $230 million settlement with Walgreens Boots Alliance Inc over its role in the city’s opioid epidemic.

Regional banks saw their share prices jump Wednesday in the wake of the banking crisis as Western Alliance Bank announced strong growth in its deposit base.

Rep. Tim Burchett, R-Tenn., confirmed the GOP's search for a missing Biden corruption informant is still ongoing, but the FBI and DOJ are doing nothing to help.

Treasury Secretary Janet Yellen said Friday economic growth in China will benefit the U.S., provided the country "plays by international rules."

The FDIC announced a proposed special assessment on large banks that would recoup the $15.8 billion pulled from an insurance fund following the failures of Silicon Valley Bank and Signature Bank.

House Republicans are growing tired of SEC Chairman Gary Gensler's antics over internal documents requested by Congress intended to shed light on the agency's goals.

The U.S. government is planning an outbound investment screening mechanism that would potentially review overseas investments in sensitive technologies, including Chinese AI firms.

The Food and Drug Administration is nearing its decision on whether to allow HRA Pharma to sell its Opill birth control pill in the U.S. without requiring a prescription.