Markets
SVB Financial Group files for bankruptcy
SVB Financial Group files for bankruptcy SVB Financial Group, the former owner of the now-defunct Silicon Valley Bank, which was taken over by the US ……Read More
Business
Markets
US threatens TikTok ban
US threatens TikTok ban The Wall Street Journal has reported that the US government is threatening to ban the popular app TikTok if its Chinese ……Read More
Markets
Credit Suisse drops over 20%
Credit Suisse drops over 20% On Wednesday, European banks experienced another round of heavy losses in their shares. Credit Suisse, in particular, hit record ……Read More
Economy
Biden permits oil drilling in Alaska
Biden permits oil drilling in Alaska US President Joe Biden has approved oil drilling in Alaska, allowing energy company Conoco Phillips to extract up to ……Read More
Economy
US government protects any bank collapse like Silicon Valley Bank
US government protects any bank collapse like Silicon Valley Bank According to the Federal Reserve, customers of the now-collapsed Silicon Valley Bank (SVB) in the ……Read More
Markets
Former Treasury Secretary Lawrence Summers speaks about Silicon Valley Bank
Former Treasury Secretary Lawrence Summers speaks about Silicon Valley Bank The collapse of Silicon Valley Bank (SVB) could have severe consequences for the innovation ……Read More