World

As corporate America embraces progressive politics, a network of businesses is bucking the trend, offering what its CEO described as quality products from "people who don't hate you."

First Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.

Federal authorities are reportedly considering an expansion of the Federal Reserve's emergency lending program to help banks like First Republic Bank shore up their balance sheet.

Valley National Bank and First Citizens BancShares have reportedly submitted bids for the failed Silicon Valley Bank following it's collapse earlier this month.

The International Monetary Fund has issued a warning that the risks to financial stability are rising.

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.

Apple CEO Tim Cook is reportedly set to appear at the China Development Forum this weekend in Beijing.

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.

The U.S. Food and Drug Administration approved Cidara Therapeutics and Melinta Therapeutics' antifungal drug for patients with little to no other options.

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.

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.

Following a two-year investigation, Hindenburg Research claims Block Inc. has taken advantage of the demographics by overstating its user numbers and understatong its customer acquisition costs.

Milwaukee becomes the latest city to announce a lawsuit against South Korean automakers Kia and Hyundai over rash of vehicle thefts, resulting in higher costs of fighting crime.

The Russian smartphone meant to replace the Apple iPhone has experienced dismal sales since it was rolled out to consumers in October 2022.

Shares for the crypto exchange platform Coinbase are down on Wall Street despite the company’s explanation of the Securities and Exchange Commission’s (SEC) alleged violations of federal securities laws related to the company’s staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet.

China and Russia's latest political and economic recommitment to one another poses even greater national security threats to the U.S., Jonathan D.T. Ward argues.

The Federal Trade Commission is proposing a new "Click to Cancel" rule that would force companies to make it easier for consumers to drop unwanted subscriptions.

House Speaker Kevin McCarthy aid out the various domestic and world problems facing President Joe Biden.

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.

Withdrawals accelerated late in the morning on the West Coast on Thursday, March 9. Executives paced the office on phone calls as employees watched and texted details to each other.