Following the fall of Silicon Valley Bank, a lot of terms are being thrown around on CNBC and elsewhere in discussions about what went wrong. One key term is “duration risk” along the yiel...
Tag: United States
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...
Silicon Valley’s ‘greed and avarice’ to blame, trader says
Andrey Rudakov | Bloomberg | Getty Images The fallout from the shuttering of Silicon Valley Bank — the second-largest bank collapse in U.S. history — continued Monday, dragging down international bank...
USDC nearly regains $1 peg after Circle says SVB deposit is available
In this photo illustration, a woman holds a smartphone with the USD Coin (USDC) logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images USD Coin (USDC) came close to r...
Bitcoin (BTC), crypto prices surge as SVB depositors protected
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon Valley Bank and HSBC bought the lender’s U...
Bill Ackman says U.S. did right thing in protecting SVB depositors
A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Billionaire investor Bill Ackman said the U.S. government’s actio...
We’re looking for stocks to buy after regulators saved SVB depositors
Phew, that was close. Too close. There was so much fear engendered by the events of the last 72 hours since Silicon Valley Bank collapsed that we’ll have investors who want to sell no matter wha...
I doubled my money in Argentina with a ‘black market’ exchange rate
The author in Argentinian Patagonia in February 2023. Here, the Spegazzini Glacier cascades into Lago Argentino, the third largest lake in South America. A legal exchange rate influenced by the black ...
What To Know About Silicon Valley Bank’s Collapse—The Biggest Bank Failure Since 2008
Topline Silicon Valley Bank collapsed in spectacular fashion Friday just days after it announced big losses, failing at attempts to raise funds or seek out a buyer, and creating the biggest bank failu...
European bank stocks sink as Silicon Valley Bank jitters spread
European banking stocks sold off sharply in early trade Friday as a global contagion effect took hold after shares in U.S. bank SVB Financial plunged 60%. It followed an announcement by the tech-focus...
Annual Matching Requirements For New IRA Tax Credits Could Kick-Start Economically Competitive Green Hydrogen Production
Authored by Melany Vargas, Kara McNutt and Chris Seiple Hydrogen can play a critical role in the United States’ journey to net-zero as a low-carbon fuel to support the decarbonization of hard to elect...
Netflix password-sharing crackdown puts college students on edge
Netflix sign in page displayed on a laptop sscreen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 2, 2023. Jakub Porzycki | Nurphot...
Relativity first 3D-printed Terran 1 rocket launch
[The company’s livestream is slated to begin at noon ET. Please refresh the page if you do not see the video player above.] 3D-printing specialist Relativity Space is attempting its first rocket...
ADP jobs report February 2023:
A worker prepares a 155mm artillery shell at the Scranton Army Ammunition Plant in Scranton, Pennsylvania, U.S., February 16, 2023. Brendan McDermid | Reuters Companies added jobs at a brisk pace in F...
BlackRock says the Federal Reserve could hike interest rates to a peak of 6%
Rick Rieder, managing director and chief investment officer of fundamental fixed income for BlackRock Inc., speaks during the Institute of International Finance Annual Membership Meeting in Washington...
Get Ready-Some Of The Best Baseball Stars In The World Will Shine In The World Baseball Classic
SAN JUAN, PUERTO RICO – MARCH 7: A detail shot of World Baseball Classic logo on the wall during … [+] batting practice during Pool C workout day of Team Puerto Rico for the 2013 World Bas...
A Trailblazer For Disability Rights
It is with heavy hearts that we remember the life and legacy of Judith “Judy” Heumann (1947-2023), a champion for the rights of disabled people and widely known as “the mother”...
Pickleball And Racquetball Parallels – Is Pickleball Here To Stay?
Pickleball has exploded in popularity; is it here to stay? (Photo of John Merrill of South … [+] Setauket, New York and Jerry Byrne of Northport, New York by Raychel Brightman/Newsday RM via Get...
Snap, Apple, Boeing and more
Check out the companies making headlines in midday trading. An Apple store on Nanjing Road Pedestrian Street in Shanghai, China, on December 16, 2022. CFOTO | Future Publishing | Getty Images Snap — T...
Marlboro maker Altria to buy NJOY
In a bid to strengthen its portfolio of smoke-free products, Altria Group said Monday it would buy e-cigarette startup NJOY for $2.75 billion. Altria, which makes Marlboro cigarettes, will have full g...
Novak Djokovic ‘Denied’ U.S. Entry Ahead Of Indian Wells, Senator Says
NEW YORK, NEW YORK – SEPTEMBER 10: Novak Djokovic of Serbia celebrates winning match point to defeat … [+] Alexander Zverev of Germany during their Men’s Singles semifinal match on Day Twe...
Nestle, Tyson, food giants bet on air fryers
An Air Fryer for sale at Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020. Scotty Perry | Bloomberg | Getty Images Kettle Foods, known for its kettle-cooked potato chips, re...
Full-time office work is ‘dead,’ economist says
Morsa Images | Digitalvision | Getty Images Workers and companies see benefits of remote work In 2019, about 5% of full-time work was done from home. The share ballooned to more than 60% in April and ...
CRM, BBY, M and more
A worker enters the SalesForce Tower in San Francisco, California, U.S., on Monday, March 14, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bel...
These U.S.-Listed Stocks Surge—Alibaba, Baidu And More—After China’s Economic Rebound
Topline Shares of the largest Chinese heavyweights trading in the United States surged Wednesday after data showed China’s manufacturing sector unexpectedly expanded at the fastest pace in more ...
Il Makiage creator Oddity says it’s profitable
Oddity Il Makiage Coutesy: Oddity Oddity — the direct-to-consumer beauty and wellness platform known for its ubiquitous Il Makiage social media ads — is making money and growing in an environment that...
Bio-Revolution Ready To Scale
An employee of clinical diagnostics and food & feed analysis R-Biopharm works on an analysis (Photo … [+] by Thomas Lohnes / AFP) AFP via Getty Images Breakthroughs in biomanufacturing could...
Space Force rocket launch acquisitions takes ‘mutual fund approach’
The headquarters of Space Systems Command in Los Angeles, California. U.S. Space Force / Jose Lou Hernandez The U.S. military is preparing to buy another round of rocket launches from companies next y...
These 3 Just Hit New Highs
Inflation, food getty Levels of food price inflation continue higher as the Fed considers taming the phenomenon through the use of higher interest rates for longer periods of time. In the meantime, ce...