Silicon Valley Bank failure: US to increase oversight, regulation
Regulators stepped in to insure all deposits at Silicon Valley Bank and Signature Bank.
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Business InsiderBrace for the S&P 500 to plunge 50% and a painful recession to strike as the 'everything bubble' bursts, elite investor Jeremy Grantham warns
Jeremy Grantham expects the historic bubble in stocks, bonds, and house prices to end with an epic crash and an economic catastrophe.
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A used car dealership that recently closed suddenly has now filed for bankruptcy.
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Rivian Could Be on the Brink of a Huge Rally: Why It's a Buy Now
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GE Is Splitting in Two. Here’s What the Parts Are Worth.
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Stimulus Checks: Mark These Dates on Your Calendar Now
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- Fox Business
Fed rate hikes will trigger a downturn of greater 'speed and magnitude' than the Great Recession: Economist
The market's bubble has now "burst," and will impact "everything everywhere all at once" in the U.S. economy, economists Stephanie Pomboy and Art Laffer argue.
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'Big Short' Michael Burry Sounds the Alarm on U.S. Banks
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Inflation jumps unexpectedly as food shortages bite
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JPMorgan Says Buy These 2 High-Yield Dividend Stocks — Including One With a 9% Yield
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First Republic shares fall as Yellen says not considering 'blanket insurance' on bank deposits
A "bull case" scenario for the shares of beleaguered First Republic Bank as it considers its options became more difficult on Wednesday after Treasury Secretary Janet Yellen said there is no discussion on insurance for all bank deposits without approval from the U.S. Congress. First Republic, whose shares have lost much of their value since the banking crisis started in the U.S. on March 8, is among banks speaking to peers and investment firms about potential deals in the wake of U.S. regulators' taking over Silicon Valley Bank and Signature Bank following bank runs. Morgan Stanley analyst Manan Gosalia, in a report earlier this week, set a target price of $54 for First Republic shares in a best-case scenario.
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UBS set for talks with Michael Klein to terminate Credit Suisse investment bank deal - FT
UBS on Sunday agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. Klein, a veteran dealmaker, was merging his eponymous advisory boutique into Credit Suisse's investment banking operations to create CS First Boston as a standalone business which he would have led from New York. UBS has now assigned a legal team to examine how to void the contract Credit Suisse signed with Klein in the cheapest way possible, according to the FT report, which cited people with direct knowledge of the matter.
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This Stock Could Soar by 173%, According to Wall Street
It's been a bumpy and volatile ride for the cannabis industry over the past couple of years, and even many of the leaders in the market haven't escaped the bloodbath. Trulieve Cannabis' gross margin came in at 55% for the year, which, although still very respectable, is lower than the 61% it had in 2021.
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Billionaire Richard Branson's Space Business Just Found a Game-Changer
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Close to 190 banks could face Silicon Valley Bank's fate, according to a new study
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$10,000 Invested In These Growth Stocks Could Make You a Fortune Over the Next 10 Years
Now is a great time to start building a portfolio of growth stocks to simply hold on to for the next decade. Three industry-leading companies that I think will continue their growth trends are Spotify (NYSE: SPOT), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Topgolf Callaway (NYSE: MODG). No company has been more critical in the recovery of the music business than Spotify.
- Motley Fool
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