The technology industry is struggling to make sense of and account for potential repercussions of Silicon Valley Bank’s sudden collapse.
Biden’s budget pushes to renew bigger child tax credit payments for families
President Biden wants larger child tax credits for parents as part of the pro family policies in his budget. But getting Congressional approval won’t be easy.
Wage growth is cooling — but workers still have bargaining power, economists say
The Federal Reserve is trying to rein in historically high wage growth to tame inflation. Overall, the job market remains hot for workers, economists said.
Wage growth is cooling — but workers still have bargaining power, economists say
The Federal Reserve is trying to rein in historically high wage growth to tame inflation. Overall, the job market remains hot for workers, economists said.
Just like that: Market pricing swings back to quarter-point Fed rate hike
One bank implosion and a cooperative jobs report later, and the market has changed its mind.
Stocks making the biggest moves midday: Signature Bank, First Republic, Oracle and more
Regional banks led Friday’s losses amid the Silicon Valley Bank shutdown.
Fintech startup Brex got billions of dollars in Silicon Valley Bank deposits Thursday, source says
Companies including JPMorgan Chase, Morgan Stanley and First Republic have also seen heightened inflows Thursday as SVB’s stock tanked.
Unemployment for Black and Hispanic women rose in February, but more workers join the labor force
Black women saw their unemployment rate jump to 5.1% from 4.7%. Among Hispanic women, it jumped to 4.8% from 4.4%.
Families get these 3 things wrong about estate planning, advisor says
Many clients think estate planning is “only for rich people,” among other misconceptions, said Lee Baker, a certified financial planner based in Atlanta.
Here’s where the jobs are for February 2023 — in one chart
The leisure and hospitality sector added 105,000 jobs last month, according to the Labor Department, accounting for roughly a third of the total jobs gain.