Washington Watch: Republican presidential hopefuls blast response to banking crisis: ‘Biden is pretending this isn’t a bailout’
A number of the Republicans expected to run for president in 2024 have been criticizing the Biden administration's response to the current banking crisis.
Metals Stocks: Gold ends at 5-week high after U.S. authorities intervene to backstop bank depositors
Gold prices finished at a five-week high as the U.S. dollar weakened and Treasury yields declined.
: Pfizer’s $43 billion bid for Seagen aims to broaden company’s cancer portfolio
Pfizer plans to pay $229 per share in cash for Seagen, whose stock soared more than 15% in trading on Monday afternoon. Pfizer’s shares gained...
Market Extra: Why bank ETFs are tanking despite regulators taking emergency steps to backstop depositors
Exchange-traded funds that invest in bank stocks were tanking Monday, after the U.S. government took emergency action to bolster confidence in the banking system following...
: Manchester United owners push sale deadline back, report says
British billionaire Jim Ratcliffe and Qatari Sheikh Jassim Bin Hamad Al Thani have made bids for the famous club.
Market Extra: Treasury yields see biggest three-day skid since wake of Black Monday in 1987
Investors flock in droves to the safety of bonds on Monday in a manner not seen since the days that followed the 1987 stock-market crash.
: PacWest Bancorp insiders bought some stock as it tumbled last week
Several PacWest Bancorp insiders bought the bank's stock late last week, as the bank tried to reassure investors in the wake of SVB's failure.
: ‘The spirit of Dodd-Frank is dead.’ Regulators swore off bailouts, until they didn’t.
The action could represent a repudiation of the post-financial crisis consensus on U.S. bank regulation.
Crypto: Bitcoin passes $24,000 as crypto prices soar amid bank jitters
Cryptocurrency prices soar after the collapse of Silicon Valley Bank and Signature Bank.