Apple will reportedly postpone some bonuses until later in the year
Certain corporate Apple employees will have their upcoming bonuses postponed until later in the year, Bloomberg reported on Tuesday. The tech giant is reportedly curbing some hiring as well.
Biden formally submits Julie Su's nomination for labor secretary to the Senate
President Biden formally sent Julie Su's nomination to be the next secretary of labor to the senate on Tuesday, the White House announced.
Liz Peek: ‘Where were the regulators?’
Fox News contributor Liz Peek unpacks how economic policies under President Biden triggered the Silicon Valley Bank collapse on ‘Kudlow.’
Andy Puzder: The US government should ‘sell the bank as soon as they can’
Former CKE Restaurants CEO Andy Puzder blames Silicon Valley Bank’s collapse on Biden’s economic policy on ‘Kudlow.’
Editor's Note
Editor's Note:
KPMG's Diane Swonk: If Fed pauses, it will be a hawkish pause
KPMG chief economist Diane Swonk and Morgan Stanley SVP Jim Lacamp discuss whether the Silicon Valley Bank collapse changes the calculus of the Fed's interest rate path on 'The Claman Countdown.'
AMC secures shareholder approval to sell more stock
AMC Entertainment shareholders approved a 10-for-1 reverse stock split and a plan to convert APE units into common shares.
Silicon Valley Bank has become the 'poster boy for idiot management': Kevin O'Leary
O'Leary Ventures Chairman Kevin O'Leary raises moral hazards and 'unintended consequences' from regulators' bailout of Silicon Valley Bank.
Tyson to close 2 chicken plants, cutting 1,700 jobs
Tyson Foods is shutting down two poultry processing plants in Van Buren, Ark. and Glen Allen, Va. and laying off 1,700 workers as the largest U.S. chicken producer seeks to improve operations.
Meta to lay off 10,000 employees in latest round of job cuts
Meta CEO Mark Zuckerberg announced that the company will let go of another 10,000 employees as it works to become more efficient in the current economic environment.
US banks should prepare for 'series of major regulations': Dick Bove
Odeon Capital Group chief financial strategist Dick Bove argues the most important regulation coming will be for common equities, similar to the 2008 crisis.
After SVB, regulators should 'get rid of' risk-rated capital system: Thomas Hoenig
Mercatus Center distinguished senior fellow and former FDIC Vice Chair Thomas Hoenig argues Silicon Valley Bank's collapse confirms that 'interest rates matter.'
Investor who called Lehman collapse predicts the next big bank failure
Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.
Silicon Valley Bank collapse could stimulate housing market: Mike Aubrey
The Mike Aubrey Group Executive Vice President Mike Aubrey discusses the impact of recent bank failures on Fed rate hikes and the housing market.
SVB client: We didn't put our money here 'to take chances'
FOX Business' Kelly O'Grady reports that smaller tech-led startups will 'very much' be impacted by Silicon Valley Bank's insolvency.
GOP lawmaker wouldn't support full-scale taxpayer bailout for collapsing banks
Rep. Ben Cline, R-Va., argues the government can't keep bailing out banks that make 'wrong decisions.'
SVB collapse shares 'bloodcurdling' similarity to Lehman collapse: Expert
The Federal Reserve incentivized bad behavior and "bloodcurdling irresponsibility" that enabled Silicon Valley Bank's collapse, according to The Bear Traps Report's Larry McDonald.
Every banking asset is 'in trouble' amid SVB collapse: Larry McDonald
The Bear Traps Report founder Larry McDonald argues current market conditions 'guarantee' a recession.
Big banks look more 'stable' following Silicon Valley Bank collapse: Carleton English
Ben Levisohn, Carleton English and Jack Hough discuss the markets following Federal Reserve Chairman Powell's testimony before Congress, the collapse of Silicon Valley Bank, the impact on the banking industry and railroad safety spending data.
The top side hustles of 2023: How you can make a six figure income with 'no problem'
Founder and CEO of SideHusl.com Kathy Kristof shares her best and most financially expansive side hustles that consumers can use to fend off inflation.