EconomyBanks First Republic Bank’s shares have plunged to a record low after the lender announced that depositors withdrew more than $100bn, prompting fears of further bank collapses after the failures of Silicon Valley Bank and […]
Dow Jones futures were little changed ahead of Tuesday’s open, with a busy week of earnings results ahead that includes tech titans Google-parent Alphabet (GOOGL), Amazon (AMZN), Facebook-owner Meta Platforms (META) and Microsoft (MSFT). Late […]
First Republic Bank (FRC) stock tumbled after hours Monday following its late results, erasing its 12% surge leading up to earnings. That follows mixed reports last week by Salt Lake City-based Zions Bancorp, Phoenix-based Western […]
Germany continues to be rocked by disruptive strikes against its entire transportation networks, as workers demand large pay hikes to help offset surging price inflation unleashed by central bank money creation, western sanctions against Russia, […]
Can you picture what $31.4 trillion looks like? The enormity of U.S. government debt is hard for the average person to wrap their head around. For instance, compared to the median U.S. mortgage, the current […]
It has been over a month since signs of banking stress first appeared in regional banks, and we quickly identified the beginning of a credit crunch. Days after the collapse of Silicon Valley Bank, we […]
Daily Standup Top Stories G-7 ministers to call for natural gas phaseout April 19, 2023 Mariel Alumit SAPPORO, Japan — Environment and energy ministers from the Group of Seven rich nations are poised to endorse faster […]
WASHINGTON – Economic sanctions imposed on Russia and other countries by the United States put the dollar’s dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said on Sunday. “There […]
Futures are trading near session lows, weighted down by the latest inflation data out of the UK where early this morning, we learned that March inflation remained in the double digits with annual price rises […]
The Western Leaders Have Devastated The Financial Future For The Citizens Of The West – Daily Standup Top Stories IEA: Russia’s March oil exports hit highest level since pandemic start April 18, 2023 Mariel Alumit Russia’s […]
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