News
US mulls more business deposit insurance in wake of bank failures
A top US regulator wants a sweeping overhaul of deposit insurance after recent bank failures partly drained a pool of...
Federal Reserve expected to raise rates again
Federal Reserve policymakers are about to extend their year-long campaign of raising interest rates to beat back still-stubborn inflation, even...
Softbank’s chip maker Arm prepares IPO
SoftBank Group Corp's chip maker Arm Ltd has filed with regulators confidentially for a US stock market listing, people familiar...
First Republic’s fate uncertain as stocks tumble
First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet...
Intel to return to full manufacturing capacity, confident of stronger second half
Intel Corp. shares jumped after the embattled chipmaker promised a recovery in the second half, leading investors to look past...
Amazon Web Services sees sales slow
Amazon.com Inc. shares fell Friday after warning that growth in its cloud computing business is cooling, dashing hopes that the...
Fugitive CEO fined $3.4B in record fraud case involving Bitcoin
A US judge has ordered a South African executive to pay more than $3.4 billion in restitution and fines for...
White House monitoring situation at First Republic, could step in if required
The White House is continuing to monitor the situation at First Republic Bank, which has continued to lose deposits this...
US economy grew 1.1% in Q1, slower than expected
US economic activity grew at a slower pace than expected in the first quarter of 2023, flashing further signs that...
US carriers expect strong profits amid resilient travel demand
US carriers expect strong profit in the current quarter as travel demand remains strong despite growing risks of an economic...
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