World

Amid inflationary pressures and a weakened U.S. dollar, experts predict Wall Street will gravitate towards material wealth in precious metals like gold and silver, sending both to record highs in 2023.

The most recent round of bids to buy Manchester United are due by Wednesday. Manchester United is expected to become one of the most expensive sports teams in history.

West Virginia Sen. Joe Manchin condemned President Biden's administration after the president vetoed a resolution that would nullify the Department of Labor's proposed rule on ESG standards.

Mid-sized regional banks and community banks around the country are urging regulators to consider lifting the FDIC's threshold for uninsured deposits after they granted exceptions.

Senator Josh Hawley is introducing legislation to permanently revoke China's "most favored nation" trading status as a means of protecting American workers.

President Biden’s veto, which allows investment professionals to consider ESG in portfolio management is unlikely to be overridden in the narrowly divided Congress.

Australian pilots with Qantas airlines have experienced interference radio traffic coming from Chinese warships in the Pacific Ocean.

Tax pros report that this tax season most clients are getting refunds for e-filed returns in five to 14 days. For those filing on paper, refunds can take four weeks or more.

New York Community Bank shares are up on Monday after the company announced it would purchase financial and strategic complimentary assets from Signature Bridge Bank for roughly $38 billion.

A group of 60 sixth-grade students at Shaler Area Elementary School in Glenshaw, Pennsylvania, are investing $1 million in fictitious money into the stock market for a special project.

UBS reportedly reached a deal with Swiss regulators to buy Credit Suisse for $2 billion in a move to prevent the potential collapse of Credit Suisse from roiling markets.

The Federal Reserve reportedly issued multiple warning about Silicon Valley Bank's risk management starting at least four years before the bank's implosion.

The Federal Reserve Bank of San Francisco is facing mounting criticism after Silicon Valley Bank, which was under its supervision, collapsed following a bank run by depositors.

The Federal Deposit Insurance Corporation (FDIC) is reportedly considering breaking up Silicon Valley Bank into at least two entities as it auctions off the failed bank's assets.

Twitter CEO Elon Musk responded to the news that UBS would get a $100 billion credit line in the buyout of Credit Suisse for $2 billion, with one word: wow.

The Wall Street Journal reported Saturday that UBS is nearing a deal to acquire Credit Suisse in a deal to save the bank amid a global banking crisis.

Hundreds of pension reform rioters were arrested in Paris and other French cities on Friday as demonstrators continued to oppose raising the retirement age from 62 to 64.

President Biden released a statement Friday encouraging harsher penalties on bank executives who mismanage their institutions into financial collapse.

Many European Union members worry that the U.S. could lure companies out of Europe. A green industrial plan has been laid out to boost its industrial competitiveness.

U.S. shareholders have filed lawsuits against Credit Suisse alleging the bank misled customers about its financial status and violated securities laws in the process.