First Republic Bank’s (FRC) shares tanked a record 67% at the market open on Monday and were halted for volatility, despite measures by U.S. regulators to shore up confidence in the banking system fol...
Category: Finance
Live Finance News Updates.
Bella Ramsey Is 100% Confirmed Not Getting Recast In ‘The Last Of Us’ Next Season
The Last of Us HBO While it was strongly, heavily implied, The Last of Us didn’t want to make it official until after the finale, where we know Ellie survives. Bella Ramsey will return as Ellie in sea...
WSJ: Carl Icahn says Grail deal cost Illumina shareholders $50 billion
Shares of Illumina Inc. ILMN, +14.70% were up about 8% in premarket trading on Monday after the Wall Street Journal reported Sunday that Carl Icahn is planning a proxy fight. The billionaire activist ...
A Paradise For Fans Of Documentary Films
Action at the Box Office, housed at Sager Braudis Gallery, as fest-goers pick up passes and tickets … [+] for the annual True/False Film Festival in Columbia, Missouri. (Photo by Stephanie Sidot...
Biden reassures Americans that banking system is safe in wake of collapses
Policy • March 13, 2023, 9:40AM EDT U.S. President Joe Biden assured American citizens that the banking system is safe following the collapses of Signature Bank and Silicon Valley Bank. “Americ...
Starbucks Odyssey’s Stamps record a lighting speed sellout of 18-mins!
Starbucks announced to connect more closely with its customers through the launch of a series of NFTs in the primary market. The recent launch of Starbucks Odyssey, also known as Stamps, saw a record ...
Energy Diplomacy Isn’t Helping Russia In Africa
Russian President Vladimir Putin (C) gestures as Egypt’s President Abdel Fattah al-Sisi (L) and … [+] South African President Cyril Ramaphosa (R) pose for a family photo with African count...
Charles Schwab moves to reassure investors it has plenty of liquidity and business is performing ‘exceptionally well’
Charles Schwab Corp. SCHW, -19.08% moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its held-to-maturity securities over unrealized losses. Chief Fin...
Chaos In Voluntary Carbon Markets Will Either Doom Or Change Them
Smoke pours out of a factory in Copsa Mica, Romania. The billowing, carcinogenic black clouds of … [+] carbon black, used for dyes and tires, pollutes and poisons the enviroment and contributes ...
BA Stock: Boeing Eyes $35 Billion Jet Deal For New Saudi Airline
Saudi Arabia’s Public Investment Fund is nearing a multi-billion-dollar deal for Boeing (BA) commercial jets for the fleet of a brand-new national airline, the Wall Street Journal reported on Su...
Controversial Alaska Oil Drilling Project Could Be Approved Monday—Here’s What You Need To Know
Topline The Biden Administration is reportedly set to approve a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that would appease Alaskan lawmakers w...
Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse
Shares of Western Alliance Bancorp WAL, -74.87% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the collapse of SVB Financial Group’s ...
Everything We Know About ‘The Last Of Us’ Season 2 On HBO
The Last of Us HBO The Last of Us has aired its season 1 finale, and it has already sparked the exact same debate as when the game debuted: Was Joel right? That’s a conversation for another day (he wa...
With SVB Collapse & 60% of Pre-Market Dip in FRC Stock, is Another Recession Brewing?
1 The US economy is currently facing a hard time. 2 HSBC is planning to acquire SVB’s UK arm. Economic turmoil is slowly taking over the US soil. The Great Recession resulted from a housing bubble whe...
Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks
(Bloomberg) — The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader conta...
Sell Any Post-SVB Stocks Bounce, Says Morgan Stanley
(Bloomberg) — Morgan Stanley’s Michael Wilson, known for being one of Wall Street’s most bearish strategists, recommended that investors sell any rebound in US stocks that may result from regula...
Biden administration urges Congress to ban airline family-seating fees
Passengers wearing protective masks are seen aboard before a JetBlue flight to London at JFK International Airport in the Queens borough of New York City, August 11, 2021. Jeenah Moon | Reuters The Bi...
Digital asset funds experience biggest weekly outflows on record
Digital asset investment products experienced outflows of $255 million last week, the largest dollar-figure outflows on record, according to asset manager CoinShares. For the fifth consecutive w...
Rivian wants out of Amazon exclusive agreement for EV delivery trucks
One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora, Colorado. Rj Sangosti | Denver Post | Getty I...
Aztec to sunset private ZK-Rollup Connect and focus on next-gen Layer 2 chain
Layer 2 privacy project Aztec Network will sunset its existing version of its ZK-Rollup network called Connect to focus on a third iteration of its core technology. Aztec’s first attempt t...
BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew
Singapore, Singapore, 13th March, 2023, Chainwire BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew. The team just released the trailer video which give...
Stocks rise, bond yields, bank stocks fall on SVB fallout
U.S. stock futures fell Monday morning ahead of the opening bell after federal banking regulators took aggressive actions over the failure of Silicon Valley Bank. Futures tied to the S&P 500 (^GSP...
TMS Network (TMSN), Neo (NEO), and Cardano (ADA): The most promising economy cryptos for 2023 and beyond!
Are you looking to invest in cryptocurrency worlds with real-world applications and a high potential for long-term profits? Then you’re in the right place. We’re going to cover TMS Network...
Oscar box office bump is shrinking
Michelle Yeoh in “Everything Everywhere All at Once.” Source: imdb The winner of the best picture award at Sunday’s Oscars may not get a box office bump for taking home the nightR...
British startups react to Silicon Valley Bank UK’s rescue by HSBC
An entrance to the Alphabeta Building, which houses the offices of UK unit of Silicon Valley Bank, in the City of London, UK, on Monday, March 13, 2023. HSBC Holdings Plc is set to buy the UK arm of S...
Cocaine Bear, Champagne Carpet And Ke Huy Quan’s Heartfelt Speech
Topline Sunday’s 95th Academy Awards may have lacked the shock value to rival last year’s infamous “slap heard around the world,” yet it delivered multiple comedic moments, questionable decor choices ...
Investors rush into bonds, gold in flight to safety after SVB rescue
A trader works on the floor during morning trading at the New York Stock Exchange (NYSE) on March 10, 2023 in New York City. Spencer Platt | Getty Images Investors flocked to safe-haven assets such a...
It’s Time For Medicare To Move Beyond Location, Location, Location
What’s the difference between getting an x-ray at the hospital and getting one at the doctor’s office? The former could cost a lot more than the latter. Medicare often reimburses hospitals...
KBW recommends buying these 11 financial stocks, including First Republic, following federal backstop for banks
On a Monday following high-profile bank failures on Friday and Sunday, it may seem to be a strange time to recommend buying stocks of banks and other financial services companies, but Keefe, Bruyette ...