Washington Watch: Biden approves Willow oil-drilling permit in Alaska — it’s a ‘carbon bomb,’ says one group
Approval for new oil drilling in Alaska for ConocoPhillips, although with conditions, is one of President Biden’s most consequential climate choices to date.
Movers & Shakers: Regional banks pace decliners, as biotech deals lift Seagen and Provention Bio
Here are some of the biggest movers on Monday with banks in focus after federal regulators stepped into protect deposits at fallen bank SVB.
: Regional banks are seeing flight of deposits to too-big-to-fail megabanks
The unexpected closure of Signature Bank over the weekend sparked a shoot-first-ask-questions-later mentality by investors as deposits flowed to biggest banks.
: Rivian’s stock falls more than 3% as EV maker and Amazon consider changes to electric-van deal
Rivian Automotive's stock fell by over 3% Monday after news that the EV maker and Amazon are discussing the exclusivity part of their deal for...
: March Madness: 68 million American adults plan to bet on this year’s tournament
Since last year’s March Madness, Massachusetts, Kansas and Ohio legalized sports betting.
Economic Report: SVB doom not seen causing big ripple effect on economy
The sudden meltdown of high-tech lender Silicon Valley Bank is unlikely to cramp the U.S. economy, analysts say, but it could raise the odds of...
: You may have overpaid your Social Security taxes thanks to the Great Resignation
If you had multiple jobs and crossed over the income threshold, you might have paid excess taxes that you can get back on your return.
The Ratings Game: Meta’s cost focus is ‘obviously a positive,’ analyst says, amid reports of more layoffs
The potential for further layoffs at Facebook parent Meta is resonating with analysts after a report that the social-media giant is planning more job cuts.
Deep Dive: Charles Schwab stock is down 19% Monday, Here’s why the company thinks Wall Street is being unfair.
The broker is actually a savings and loan holding company. It's shares were down 19% Monday morning, following a 24% drop the previous week.