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June 29, 2025

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European stocks slip in early trade after U

Jasper2 years ago01 mins

European stocks declined in early action on Monday, while U.S. stock futures were pointing higher after a turbulent weekend which saw another major bank… Source

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First Republic Bank shares slump 60% in premarket trade

Jasper2 years ago01 mins

First Republic Bank shares fell 60% after the weekend collapse of Signature Bank and Friday’s closure of SVB Financial, even as federal regulators stepped… Source

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Credit Suisse shares fall to new record low after collapse

Jasper2 years ago01 mins

Credit Suisse shares on Monday reached a new record low, falling as much as 9% as investors continued to hammer away at the stock of the Swiss banking giant… Source

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Treasury yields plunge as SVB fallout seen slowing Fed rate

Jasper2 years ago01 mins

The U.S. 2-year bond yield has shed more than 80 basis points in three sessions as expectations for a 50 basis point rate increase by Fed in March evaporate. Source

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Treasury monitoring a few banks ‘very carefully’ amid Silicon Valley

Jasper2 years ago01 mins

U.S. Treasury Secretary Janet Yellen says Friday she's tracking a number of banks as Silicon Valley Bank has faced major problems. Source

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Dow suffers worst week since June as U

Jasper2 years ago01 mins

U.S. stocks ended sharply lower Friday as investors parsed mixed signals from the February jobs report amid ongoing concerns about contagion in the banking… Source

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Treasury monitoring a ‘few banks’ very carefully amid Silicon Valley

Jasper2 years ago01 mins

U.S. Treasury Secretary Janet Yellen said Friday she’s tracking Silicon Valley Bank’s problems as it deals with big losses. “You mentioned Silicon Valley Bank,” Yellen said, as she responded to a lawmaker while testifying before the House Ways and Means Committee. “There are recent developments th Source

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Leading infectious-disease expert says COVID-19 is now endemic, but Americans

Jasper2 years ago01 mins

A leading infectious-disease expert said this week that data is showing the coronavirus has moved to the endemic phase. Source

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Silicon Valley Bank branches closed by regulator in biggest bank

Jasper2 years ago01 mins

Silicon Valley Bank has been closed by the regulator, amid a spiraling crisis at its parent SVB Financial Group. Source

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The government may stop issuing Social Security payments after the

Jasper2 years ago01 mins

An obscure provision of a 1996 law unwittingly makes the Social Security trust fund vulnerable to being raided Source

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