World

Federal and state financial regulators are looking into the possibility of market manipulation by short-sellers targeting regional banks, which have experienced significant volatility.

Family Dollar issued another recall for several over-the-counter drug products after discovering they were not stored under proper conditions, according to a notice from the FDA.

Novo Nordisk will only be able to supply limited quantities of certain Wegovy dose strengths to U.S. retail pharmacies given the surge in demand for the product.

Entrepreneurs in Vancouver are offering psilocybin "journeys" for clients seeking what they describe as "the highest level of self-discovery and personal development."

The FDIC enlisted BlackRock's Financial Market Advisory unit to help sell off $114 billion in leftover assets from recently failed banks, a role the influential firm has played before.

The Federal Trade Commission on Wednesday proposed a ban on Meta Platforms using data it collects on its underaged users for commercial purposes.

Oklahoma announced sweeping actions to ban 13 prominent financial institutions from doing business in the state after an internal review found the companies engage in energy boycotts.

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.

19 Republican attorneys general sent a letter to JPMorgan Chase & Co., on Tuesday demanding the company stop discrimination against customers with certain religious or political affiliations.

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.

The Federal Deposit Insurance Corporation (FDIC) released a report this week seeking reform of its deposit insurance system due to recent instability in multiple U.S. banks.

First Republic Bank's failure and fire sale to JPMorgan Chase has fueled speculation about whether more banks will need to be rescued or whether the worst is over for the sector.

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.

Experts say national drug shortages, caused by manufacturing problems, demand spikes, and tightened ingredient supply lines, have no clear resolution and could persist for years.

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.

Ohio Sen. Sherrod Brown urged young residents in the Buckeye State to take up trade jobs and insisted they “don't need a college degree."

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.