Many politicians and researchers have openly blamed the rollback of Dodd-Frank regulations as one of the main reason for SVB’s failure
The bank notoriously pleaded guilty in 2014 to criminal charges for “knowingly and willfully” helping U.S. clients hide offshore assets and income from the IRS.
Economists expect hiring stayed strong in February and that wages grew even faster than they did in January.
Rails want to deploy heat detectors as part of safety plan after Norfolk Southern derailments, but a union says it lacks workers for the job after recent cuts.
Elon Musk is facing a pile of lawsuits over non-payment to vendors at Twitter.
Meta Platforms (META) reported a fourth-quarter earnings beat Wednesday, while CEO Mark Zuckerberg labeled 2023 the “year of efficiency.”
Russia has expressed mounting fury at the prospect of modern, Western tanks being sent to Ukraine.
The founder of a college-planning platform allegedly lied to Chase to convince the bank to acquire it. The company’s claims to consumers were also dubious.
Rich investors are betting on double-digit declines in stocks next year, according to the CNBC Millionaire Survey.
The Fed’s fight against inflation this year has been one head of the three-headed dragon keeping markets from making a meaningful move higher.
FTX founder Sam Bankman-Fried was arrested on Monday in the Bahamas. He could face a lengthy prison sentence.
Russia continues to pound Ukraine’s energy infrastructure too with devastating consequences for civilians.
Alongside its use in cell phones and computers, lithium — which some have dubbed “white gold” — is crucial to electric vehicle batteries.
The Tehran court has issued three more death sentences to people who were involved in anti-government protests following the death of Mahsa Amini.
The creator behind the new exchange-traded fund aimed at converting global fans of Korean content into investors is optimistic on K-pop’s outlook.