‘Very Big Mistake:’ Cathie Wood Warns Banking Crisis Could Bleed Into Earnings
Ark Investment Management CEO Cathie Wood repeated her criticism of the Federal Reserve for its policy actions and also delved into the o
Banking System Is Sound Say Officials In The Face Of A Flurry Of Questions From Senate Banking Committee
Regulators faced the U.S. Senate Banking Committee Tuesday morning in a hearing following the collapse of SVB Financial Group (NASDAQ: SIVB) and Signature Bank (NASDAQ: SBNY).
US Home Prices Drop For 7th Consecutive Month; Real Estate Stocks Hit Lowest Levels Since October 2022
The value of residential real estate in 20 major U.S. metropolitan cities, as measured by the S&P CoreLogic Case-Shiller Home Price Index, continues its downward trend and recorded an average decline of 0.6% in January, marking the seventh consecutive month of losses.
‘We Don’t See Any Fed Rate Cuts’: Blackrock Goes Overweight Inflation-Linked Bonds, Stays Underweight Stocks As Damage Looms
The Fed is not likely to cut interest rates, despite what markets may be anticipating, according to BlackRock Inc. (NYSE: BLK).
Nasdaq, S&P 500 Futures Edge Lower: Resiliency Could Be Tested As Focus Turns To Bond Yields, Barr’s Testimony
The market mood has returned to being tentative after Monday’s mixed close, as traders stay focused on the developments around the banking crisis that is playing out and turn their attention to some key economic data points scheduled for the week.<
Fed Faces ‘Trilemma’ Of Inflation, Growth, Financial Stability, Says Economist El-Erian: No ‘Good Way Out Of It’
Allianz chief economic adviser and noted economist Mohamed El-Erian believes the Federal Reserve is not just facing a…
Athira Pharma Presents Preclinical Data Supporting Therapeutic Potential Of Fosgonimeton For Alzheimer’s And Parkinson’s Diseases At AD/PD 2023 International Conference
Athira Pharma, Inc. (NASDAQ:ATHA), a late clinical-stage biopharmaceutical company focused on developing small molecules to restore neuronal health and slow neurodegeneration, today presented preclinical data
Long-Term Treasuries Suffer Worst Day in 2023 As Markets Rethink Fed Policy Path
The acquisition of Silicon Valley Bank by First Citizens BancShares Inc (NASDAQ: FCNCA) and rumors of a U.S. government's extension of emergency lending arrangements provided relief to markets and the banking sector on Monday.
Are Hedge Fund Short Sellers Hunting And Targeting Specific Bank Stocks?
After the failure of SVB Financial Group (NASDAQ: SIVB), Signature Bank (NYSE: SBNY) and Silvergate Capital Corp (NASDAQ: SI), the ban
Ray Dalio Warns Everybody Is Losing Money: ‘The World Is Leveraged Long’
The present economic situation is quite exceptional, with a widespread value mismatch between assets and liabilities in the financial sector, Ray Dalio, the founder of the world's largest hedge fund, said Monday.