Central bank gold demand hits first-quarter record, investments surge
In the three months to the end of March, central banks added 228 tons to global reserves, the highest rate...
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UniCredit CEO warns of more U.S. bank rescues after First Republic
JPMorgan announced Monday it acquired a substantial majority of assets of First Republic.Banking authorities in the European Union, where UniCredit...
First Republic likely headed for FDIC receivership, sources say; shares drop 40%
People walk in front of a First Republic Bank branch on March 20, 2023, in New York City.Gary Hershorn |...
SAFE Banking Act reintroduced; cannabis industry hails bill
Lawmakers from both parties reintroduced the Secure and Fair Enforcement (SAFE) Banking Act, which the cannabis industry views as a...
Mortgage demand rebounds, interest rates at highest level in over a month
Prospective buyers at an open house in Florida.Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty...
How the U.S. built a junk fee economy
Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House."Sometimes they're called convenience fees. Sometimes...
‘Crypto is dead in America,’ says tech investor Chamath Palihapitiya
Tech investor Chamath Palihapitiya, who said two years ago that bitcoin has replaced gold and predicted the digital currency would...
Economic and political factors behind acceleration of de-dollarization
The U.S. dollar has been king in global trade for decades — not just because the U.S. is the world's...
Three foreign investors to pour US$3.7 billion into Vietnamese projects
At a meeting between the Prime Minister and foreign businesses in Hanoi on April 22, Dung said a Korean firm...
SVB failure was caused by a banking — not tech — crisis, top VC says
Anne Glover, CEO and co-founder of Amadeus Capital, said that the SVB crisis was caused by "utterly irresponsible" practices by...
