Layoffs rise to the highest for any February since 2009, Challenger says
Layoff announcements in February hit their highest level for the month since the global financial crisis, according to outplacement firm…
NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent
New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1…
European Central Bank hints at June rate cut as it trims inflation forecast
The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest…
Stock market bubble? Analysts explain why they’re not worried
Despite the heavy concentration of the U.S. market rally in expensive, AI-focused tech stocks, analysts say Wall Street is not…
EU condemns ‘reckless’ and ‘vile’ attack on Ukrainian city of Odesa; Sweden officially joins NATO
This was CNBC’s live blog tracking developments on the war in Ukraine. European Union leaders sharply criticized a deadly Russian…
Three dead in first fatal Houthi attack in the Red Sea
Three people were killed in a Houthi attack against a civilian merchant ship, U.S. authorities said, marking the first lives…
Labor unions, domestic manufacturing groups launch coalition to reform de minimis import loophole
WASHINGTON — Labor unions, domestic manufacturers, business associations and other interest organizations on Wednesday announced a bipartisan coalition to target…
Why private equity has been involved in every recent bank deal
The $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming…
New Jersey man charged with trafficking 675 SpaceX Starlink terminals
A New Jersey man was arrested on charges for allegedly trafficking 675 SpaceX Starlink terminals purchased with stolen credit card…
