Credit Suisse shares hit record low
Credit Suisse saw its stock sink to a record-low price level Tuesday in the morning, with shares for the bank subsequently being priced around $2.50 by afternoon.
Credit Suisse sheds nearly 25%, key backer says no more money
Credit Suisse on Tuesday published its annual report for 2022 saying it identified "material weaknesses" in controls over financial reporting and not yet stemmed customer outflows.
'Shark Tank' star Kevin O'Leary bashes SVB bailout, moves assets out of banks
Celebrity investor Kevin O'Leary claims federal regulators should have let Silicon Valley Bank fail rather than "panic" and change policy for the entire banking system.
Goldman bought the portfolio SVB reportedly booked losses on
Silicon Valley Bank sold its bond portfolio last week to Goldman Sachs, a move that reportedly set SVB failure in motion and caused depositors to flee.
Signature Bank faced criminal probe before firm’s collapse
Regulators were reportedly looking into Signature Bank prior to the firm being shutdown over the weekend.
TikTok considering splitting from China's ByteDance if deal with US fails: report
TikTok’s leadership is exploring a potential split with Chinese parent company ByteDance as it comes under increasing scrutiny from lawmakers.
Silicon Valley Bank donated millions to Black Lives Matter-related groups, social justice causes, records show
Online records show Silicon Valley Bank invested heavily in groups related to the Black Lives Matter movement and other social justice causes in the years before its collapse.
Editor's Note
Editor's Note:
OpenAI debuts Chat GPT-4, more advanced AI model that can describe photos, handle more texts
OpenAI, the San Francisco-based Artificial Intelligence firm, has released a new version of ChatGPT that will offer new features like describing images and handling more texts.
Silicon Valley Bank collapse would have been 'prevented' if not for Trump deregulation, Senate Democrat says
The leading Democrat on the congressional Joint Economic Committee blamed regulatory rollback under former President Donald Trump for Silicon Valley Bank's collapse.
First Republic shares rebound as fears of broader financial crisis ease
Regional bank shares rose sharply on Tuesday amid easing fears over a broader financial crisis triggered by the collapse of Silicon Valley Bank last week.
Moody's downgrades U.S. banking system's outlook to negative citing bank runs
Moody's has changed its outlook on the U.S. banking system from "stable" to "negative," pointing to deposit runs on multiple institutions, including Silicon Valley Bank.
95th Oscars rebounds slightly with an audience of 18.7 million
The audience for the 95th Oscars was up slightly from last year’s numbers by 12%. The Academy Awards was viewed by 18.7 million people on Sunday.
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.
Student loan cash-out refinance: What to know
You can use your home equity to pay off your student loans with a cash-out refinance. Learn more.
Silicon Valley Bank collapse under investigation by Justice Department
The Department of Justice and the Securities Exchange Commission are reportedly launching investigations into the collapse of Silicon Valley Bank and stock trades made by the bank's officers.
Stuart Varney: Rarely has American news been as 'ominous' as it is right now
FOX Business' Stuart Varney argued President Biden is failing to lead the nation at a time when several crises have hit America all at once.
Famous author Leigh Bardugo reaches 8-figure deal with Macmillan Publishers
Leigh Bardugo, the author of "Shadow and Bone," reached an eight-figure deal with Macmillan Publishers. The books will comprise a "variety of formats, age categories, and genres."
SVB collapse: Moody's flags six other banks with concerning credit ratings
Moody's Investors Services placed six banks on review for downgrade after the sudden collapse of Silicon Valley Bank on Friday.
Today's 30-year mortgage rates tumble to 6% | March 14, 2023
Check out the mortgage rates for March 14, 2023, which are down from yesterday.


















