Category: Finance News

A new academic paper examines the risk of social media on “distress in banks” and how Twitter conversations amplified the bank run risk ahead of SVB’s collapse.

The U.S. banking sector crisis has solidified the case for bitcoin as a “decentralised, trustless and scarce digital asset,” Standard Chartered said in a note.

These are the stocks posting the largest moves in the premarket.

All the major European ETFs are up 15%-20% for the year and were at new highs last week.

Luxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market value.

Wrexham, the Welsh soccer club owned by Hollywood A-listers Ryan Reynolds and Rob McElhenney, secured promotion to the English Football League (EFL).

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS.

High travel costs, tighter corporate budgets and virtual meetings have permanently changed business travel, according to new corporate travel reports.

Electric vehicles tend to cost more upfront than gasoline-powered cars. But EVs may be a better financial deal for consumers over the long haul.

Barbara Corcoran says her “Shark Tank” job was rescinded a week before the show started taping its first season. Here’s how she got it back.