Wells Fargo lists financial instability as biggest economic risk post-Fed decision
A major Wall Street firm is ranking financial instability over inflation as the biggest economic risk for the next three…
The Fed forecasts just one more rate hike this year
The Federal Reserve will hike interest rates just one more time in 2023 before the central bank ends its inflation…
Fail or sale? What could be next for stricken Credit Suisse
Credit Suisse may have received a liquidity lifeline from the Swiss National Bank, but analysts are still assessing the embattled…
‘Be mindful of your risk’: Money manager tackles Silicon Valley Bank fallout on ETFs
There’s speculation the Silicon Valley Bank collapse could expose problems lurking in ETFs tied to specific sectors. Astoria Portfolio Advisors…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…
Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
Bitcoin climbed past the $28,000 level over the weekend as investors rediscover its appeal as an alternative banking system. On…
Credit Suisse bondholders prepare lawsuit after contentious $17 billion writedown
A number of Credit Suisse bondholders said Tuesday that they were considering legal action after $17 billion of the bank’s…
JPMorgan Chase buys data platform for startups in push to serve venture capital investors
JPMorgan Chase is acquiring a data analytics provider for startup investors called Aumni, CNBC is first to report. The biggest…
Here’s where the jobs are for January 2023 — in one chart
The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment.…
