SVB deal lifts US and European stocks, First Citizens shares soar over 53%
The stock markets in the US and Europe were lifted on Monday as the investors’ sentiments were boosted by the...
archiveJerome Powell
Investors digest latest rate hikes
30 Mins AgoDeutsche Bank falls 10.7% after spike in credit default swapsDeutsche Bank posted the steepest losses in morning trade,...
investors weigh Fed comments, hike
40 Mins AgoUK inflation fundamentals do not support more than one additional hike: BerenbergU.K. inflation unexpectedly accelerated on Wednesday, but...
Cryptocurrencies fall as investors weigh the Fed’s latest rate decision, bitcoin slides toward $25,000
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as...
Global stock markets rally on signs of stabilizing banking sector
Global stock markets rallied on Tuesday, with a surge in bank shares as fears of banking crisis eased. Investors’ sentiments...
Fed likely to raise rates by a quarter point but it must also reassure markets on banking system
The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in...
US credit crunch raises risk of Fed slamming brakes too hard
A banking crisis in a matter of days has emerged as a powerful new constraint on a red-hot economy that...
What Silicon Valley Bank means for markets
People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.Justin...
Average long-term US mortgage rate hits three-month high, Real Estate News, ET RealEstate
The average long-term U.S. mortgage rate hit a three-month high this week, reflecting higher Treasury yields and expectations that the...
stocks data, earnings and news
12 Mins AgoErdogan has lost control of the narrative, analyst saysTurkish President Recep Tayyip Erdogan has lost control of the narrative,...
