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Economics

Economics

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1 minute read
  • Commodities
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‘Russia agrees to extend Black Sea grain deal, but for only 60 days’ -AFP

By Bill Haddad
March 13, 12:16 PM
https://twitter.com/AFP/status/1635312131469086723

CORN

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3 minute read
  • Economics
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Why Silicon Valley Bank Collapsed: A Simple Explainer

By Adam Eckert
March 13, 12:13 PM
Almost everyone has heard by now that one of the biggest banks focused on serving startups and innovative tech companies collapsed in a matter of days, but a lot of things played into its eventual destruction.

SIVB

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1 minute read
  • Economics
  • Macro Economic Events
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U.S. House Financial Services Committee Ranking Member Waters Says Both Parties Must Work Together On Banking Issue; We Have Come Up With A Way To Deal With Protecting Deposits

By Happy Mohamed
March 13, 11:23 AM
- CNBC

SPY

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1 minute read
  • Economics
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Biden’s 2024 National Security Budget Request Of $886 Billion Has $842B Earmarked For Pentagon

By Benzinga Newsdesk
March 13, 10:42 AM
-Reuters

SPY

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1 minute read
  • Economics
  • Macro Economic Events
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President Biden Says Quick Administration Action Should Give Americans Confidence That U.S. Banking System Is Safe; FDIC Has Taken Control Of SVB, Signature Banks Assets

By Happy Mohamed
March 13, 9:03 AM
- Press Conference 

SBNY

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1 minute read
  • Economics
  • Macro Economic Events

President Biden Delivers Remarks On The Economy (Livestream Link)

By Bill Haddad
March 13, 9:01 AM
https://www.youtube.com/watch?v=dLVbVqqsXF8

SPY

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4 minute read
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Nasdaq Futures Climb Solidly After Past Week’s Rout: Analyst Flags Key S&P 500 Support To Stay Above October Lows

By Shanthi Rexaline
March 13, 6:55 AM
After the market mayhem seen last week, some semblance of normalcy could return to Wall Street, thanks to the government’s move to assuage concerns in response to the banking crisis.

AMGN

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1 minute read
  • Economics
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Senior U.S. Treasury Official Says The Firms Are Not Being Bailed Out, Instead The Depositors Are Being Protected

By Happy Mohamed
March 12, 7:24 PM
- Reuters

SIVB

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2 minute read
  • Economics
  • News
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Home Depot Co-Founder Urges Americans To ‘Wake Up’ Following SVB Collapse, Says Recession May Be Here Already

By Bibhu Pattnaik
March 12, 10:41 AM
Bernie Marcus, co-founder of Home Depot (NYSE: HD), said Americans need to "wake up" to the reality that the U.S.

HD

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5 minute read
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SVB’s Implosion Gets Wall Street Talking: Cuban, Ackman, Chanos, Burry, Schiff And Krugman Respond

By Shanthi Rexaline
March 11, 1:11 PM
The collapse of Silicon Valley Bank, which is held by SVB Financial Group (NASDAQ: SIVB) has sent shock waves across the markets.

JPM

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