The regional bank stock has been under pressure this year after disclosing potential losses in its loan book.
Category: Finance News
Stocks making the biggest moves midday: CrowdStrike, Palantir, Super Micro Computer, Brown-Forman and more
These are the stocks posting the largest moves in midday trading.
Watch Fed Chair Jerome Powell testify live on Capitol Hill before House panel
Federal Reserve Chairman Jerome Powell appears Wednesday before the House Financial Services Committee.
Russian oligarch’s yacht is costing U.S. taxpayers close to $1 million a month
The Justice Department is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging it was owned by Suleiman Kerimov.
Private payrolls rose by 140,000 in February, less than expected, ADP reports
Private sector job growth improved during February as the U.S. labor market showed strength across a variety of sectors.
Powell reinforces position that the Fed is not ready to start cutting interest rates
Powell said policymakers remain attentive to the risks that inflation poses and don’t want to ease up too quickly.
Egypt hikes interest rates by 600 basis points, pound crumbles to record low
Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.
Self-made millionaire Vivian Tu went from ‘scrimping and saving’ to creating wealth with this mindset shift
Building wealth can be more difficult for women facing challenges such as lower wages. Here’s how self-made millionaire Vivian Tu created wealth.
Stocks making the biggest moves premarket: Palantir, CrowdStrike, Foot Locker and more
These are the stocks posting the largest moves in premarket trading.
Retirement prospects for women can be ‘pretty bleak,’ expert says — but there are ways to prepare
Women make less money than men and live longer, which can dim their odds for a financially secure retirement, experts said.