The Federal Reserve on Wednesday raised interest rates for the 10th consecutive meeting, but signaled those hikes might be done — thanks in…
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Business
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Regional bank stocks fell sharply Tuesday as the fallout from the third major bank failure this year continued to put pressure on the…
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Business
Federal Reserve confronts ‘contradictory’ economy today as it considers next interest rate hike
High prices. High interest rates. Slowing growth. It would all seem to spell an economic downturn. Indeed, many consumers would agree that between…
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First Republic Bank has been taken over by federal regulators and will be sold to JPMorgan — making it the third major bank…
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Plans by Levi’s to test out virtual clothing models generated by artificial intelligence drew swift backlash in the industry late last month. While…
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Business
With car repossessions and home foreclosures rising, some Americans are living on a financial cliff
Karen LeSage needs her car. A 57-year-old single mother living in East Hartford, Connecticut, LeSage needs to drive herself to medical appointments for…
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Troubled regional bank First Republic said Monday that its deposits fell 40.8% to $104.5 billion in the first quarter, which saw the collapse of two…
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Business
Thousands of SVB staffers to receive $25 million in payroll stuck in stock purchase program
About 4,000 employees of Silicon Valley Bank are set to receive $25 million that has been trapped for weeks in an employee stock…
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The Walt Disney Co. on Wednesday filed a lawsuit in federal court against Florida Gov. Ron DeSantis and other officials alleging a ‘targeted…
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DETROIT — General Motors plans to end production of its electric Chevrolet Bolt models by the end of this year, CEO Mary Barra told investors…