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[ad_1] Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. Trading of SVB...
[ad_1] Heavy trading in SVB Financial Group’s SIVB, debt pulled its BBB-rated 10-year bonds as low as 31 cents on the dollar on Friday after subsidiary...
[ad_1] There’s a very real possibility the government will stop issuing Social Security payments after the debt limit is hit. Scary as that prospect is, however,...
[ad_1] Silicon Valley Bank has been closed by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation (FDIC) has been appointed...
[ad_1] A leading infectious-disease expert said this week that data is showing the coronavirus has moved to the endemic phase, meaning that COVID-19 is still with...
[ad_1] U.S. stocks ended sharply lower Friday as investors parsed mixed signals from the February jobs report amid ongoing concerns about contagion in the banking sector...
[ad_1] U.S. Treasury Secretary Janet Yellen said Friday she’s tracking a number of banks as Silicon Valley Bank has faced major problems. “You mentioned Silicon Valley...
[ad_1] The numbers: The U.S. created a robust 311,000 new jobs in February, raising the odds of another sharp hike in interest rates by the Federal...
[ad_1] SVB Financial Group SIVB, -60.41% fell more than 22% in the extended session Thursday as reports surfaced that several funds are advising clients to pull...
[ad_1] Oracle Corp. shares recouped some of their losses in the extended session Thursday after the forecast revenue range bookended the Wall Street consensus, as the...
[ad_1] U.S. stocks extended losses in the final hour of trade on Thursday, while awaiting Friday’s February employment data that could help decide how large an...
[ad_1] Shares of Silicon Valley Bank parent company SVB Financial Group plummeted Thursday toward the biggest one-day selloff since the dotcom boom, after the Santa Clara,...
[ad_1] General Motors Co. on Thursday announced employee buyouts that are expected to lead to charges of $1.5 billion as the auto maker seeks to be...
[ad_1] BEIJING (AP) — Is the United States out to sabotage China? Chinese leaders think so. President Xi Jinping has accused Washington this week of trying...
[ad_1] U.S. stocks opened modestly higher Thursday as investors digested a report showing a weekly rise in jobless claims. The Dow Jones Industrial Average DJIA, +0.48%...
[ad_1] The numbers: The number of Americans who applied for unemployment benefits in early March jumped to a 10-week high of 211,000. Yet most of the...
[ad_1] Credit Suisse Group AG said Thursday that it will delay the publication of its 2022 report after a late call from U.S. market regulators over...
[ad_1] WASHINGTON (AP) — Senate Republican leader Mitch McConnell has been hospitalized after tripping at a local hotel on Wednesday evening, a spokesman for the senator...
[ad_1] Asana Inc. on Wednesday reported and forecast narrower-than-expected losses, saying the figures reflected a firmer path to profitability, and its stock skyrocketed in after-hours trading....
[ad_1] Silvergate Capital Corp. SI, -5.76% shares plunged more than 30% in after-hours trading Wednesday after the company said it intended to wind down operations and...