Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling
WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…
First Republic’s takeover worsens the ‘too big to fail’ bank problem, and taxpayers will be on the hook, Elizabeth Warren says
Senator Elizabeth Warren said First Republic’s takeover made the “too big to fail” problem worse. The regional lender was seized…
Bitcoin pulls back to start May as First Republic Bank saga comes to an end
Cryptocurrencies took a dip on Monday to start the week and new month as investors bet the takeover of First…
Crypto Listing and Delisting Announcements: Week 18
Crypto Listing and Delisting Announcements: Week 18 Here is our weekly collection of digital asset listing and delisting, trading pair-related…
Most investors think Warren Buffett’s Berkshire Hathaway will outperform the S&P 500 in the next 5 years, survey says
Most investors expect Berkshire Hathaway stock to outperform the S&P 500 over the next five years. That’s according to a new…
The stock market is poised for a sell-off as an overly hawkish Fed could dash hopes for interest rate cuts, Morgan Stanley’s Mike Wilson says
The stock market is poised for a sell-off as investors put too much hope in the Fed cutting interest rates.…
Facebook was the main donor to a group that fought antitrust reforms in 2020 and 2021
An advocacy group backed by Facebook received a $34 million donation from an anonymous donor as it waged a battle…
Tony Finau caddies for young sons, just hours after Mexico Open win
CNN — Despite Tiger Woods’ best efforts to dispel the idea, wins are incredibly hard to come by on the…
Elon Musk says the pile of dead banks proves more rate hikes will cause a severe recession: ‘I may have more real-time global economic data in one head than anyone ever’
There’s a severe recession coming if the Fed continues to hike rates, Elon Musk said. The tech billionaire pointed to…
Stocks making the biggest moves midday: JPMorgan Chase, General Motors, Exxon Mobil & more
Check out the companies making headlines in midday trading. First Republic, JPMorgan Chase — First Republic shares and were halted…
