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 […]
A proposal to establish Minnesota’s first “green bank” would make it easier and less expensive to finance climate and clean energy projects in the state, supporters say. The Minnesota Climate Innovation Finance Authority would receive […]
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 […]
The US Inflation Reduction Act (IRA) will spur about $3 trillion of investment in renewable energy technology, according to Goldman Sachs. It could double the amount of energy produced by the US shale revolution more than a […]
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 […]
Headlines about climate change have filled newsfeeds over the last few years, ranging from catastrophic (natural disasters, endangered species, dire predictions for the future) to a bit more optimistic (electrification, the transition to renewable energy, climate tech […]
Dow Jones futures fell modestly Friday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally retreated Thursday amid earnings reports and weak economic data, though the major indexes held key levels […]
US equity futures suffered their biggest overnight drop this week as a premarket slide in Tesla shares added to uncertainties surrounding the future of US monetary policy as well as the overall quality of the […]
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