Consumer confidence rebounds amid inflation, bank crisis
A survey from the Conference Board on Tuesday showed the Consumer Confidence Index went up in March, rising to 104.2 from 103.4 in February.
Tesla shares rise on delivery forecast
Tesla will report their latest quarterly deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy expects the electric vehicle maker to exceed the 420,000-unit consensus forecast.
Alibaba to split into 6 units, explore separate IPOs
News of the restructuring comes one day after Alibaba founder Jack Ma was spotted at a primary school in Hangzhou, marking his first public appearance in mainland China in over a year.
Alibaba's Jack Ma resurfaces in China
Alibaba founder Jack Ma is back in China visiting the Alibaba-owned Yungu School in Hangzhou to discuss artificial intelligence-powered chatbot ChatGPT.
Novartis shares jump on breast cancer drug trials success
Novartis said the drug showed positive topline results from an interim analysis of NATALEE in a broad population of patients with early breast cancer.
Banking hearings on SVB collapse, GDP and Fed’s inflation gauge top week ahead
Banking turmoil will be the focus of hearings in the coming week as investors monitor the future of firms including First Republic while also digesting home price and inflation data.
Investors add $117B to money market funds amid banking turmoil
Data compiled by Investment Company Institute shows market fund assets ballooned to $5.13 trillion for the week ending on Wednesday, March 22, amid the banking crisis.
Deutsche Bank shares sink: What to know
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.
Japanese tech giant Toshiba accepts $15B tender offer
Japanese tech company Toshiba has accepted a tender offer worth $15 billion from Japanese Industrial Partners.
Short seller accuses Jack Dorsey's Block of facilitating fraud
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.
Coinbase shares extend losses after crypto exchange explains SEC probe
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.
Americans' faith in banks drops after failures: poll
The confidence level in the banking sector among U.S. adults took a drastic hit this month following the upheaval in the industry.
Starbucks workers protest ahead of shareholder meeting
Starbucks workers protested Wednesday against what they describe as union-busting efforts ahead of the company's annual meeting.
PacWest shares sink despite liquidity lift
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.
A tick-tock of the US banking crisis
The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.
Virgin Orbit nears deal to raise $200M from venture capital investor
Richard Branson's Virgin Orbit is reportedly close to a deal for a $200 million investment from investor Matthew Brown.
Norfolk Southern's CEO supports new regulations after Ohio disaster
Norfolk Southern CEO Alan Shaw says he supports new safety measures ahead of his Capitol Hill appearance on Wednesday.
Bipartisan trio introduces bill to ban lawmakers from owning and trading stocks in renewed push
One Democrat and two Republicans introduced a bill on Tuesday that would ban members of Congress and their spouses from investing in individual stocks.
How ETFs can help investors build a targeted portfolio
Exchange-traded funds, or ETFs, can offer investors tax benefits, lower risk, and diversification in their portfolios. Experts say ETFs are appealing to all types of investors.
Stuart Varney: Biden's anti-ESG veto forces investors to be 'woke' with their money
FOX Business' Stuart Varney reacted to Biden rejecting a Republican-led bill to prevent pension fund managers from basing investment decisions on factors like climate change.


















