UK inflation rate unexpectedly rises to 10.4% in February
Inflation in the U.K. rose more-than-expected to 10.4% in February as higher food and drink costs pushed up prices.
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.
First Citizens emerges as possible suitor for Silicon Valley Bank
First Citizens BancShares is reportedly weighing a possible bid for the failed Silicon Valley Bank.
Warren Buffett talks banking crisis with Biden team
Warren Buffett has held discussions with the Biden administration to help in in the current financial crisis.
Oregon puts rebates for electric vehicles temporarily on hold
Oregon is suspending a program that gives rebates to purchasers and leasers of electric vehicles for a year as the popular program is running out of money.
Big week for money market funds amidst financial turmoil
Investors looked to move their assets to safety by depositing cash into money market funds due to bank stability concerns. It's the largest inflow since the COVID-19 pandemic.
New Jersey casinos, sports tracks saw revenue gains in February
New Jersey's casinos and racetracks saw a more than 10% revenue upswing in February. These figures include in-person and online gambling.
FTX transferred $2.2B to Sam Bankman-Fried, new management says
Sam Bankman-Fried reportedly had received more than $2 billion from FTX entities, according to court filings made by the new management of the cryptocurrency exchange.