KBW recommends safe-haven bank stocks to buy after SVB collapse
There are several names that investors should buy “right here, right now” following the sell-off in bank stocks, KBW said.
Former Trump lawyer Michael Cohen testifies to grand jury for three hours, will return Wednesday
A 2016 hush-money payment to porn star Stormy Daniels is the focus of a New York criminal probe of former President Donald Trump.
SpaceX says it will test Starlink’s satellite-to-cell service with T-Mobile this year
SpaceX plans to begin testing its Starlink satellite-to-cell service with T-Mobile “this year,” an executive of Elon Musk’s company said on Monday.
There’s a quicker, cheaper way to go to college, but fewer students are trying it
In some cases, students can complete an associate’s degree by the time they finish high school, a type of dual enrollment known as “early college.”
GOP presidential contenders cast blame for Silicon Valley Bank collapse
While Trump slammed Biden and Democrats, Florida Gov. Ron DeSantis suggested that diversity, equity and inclusion initiatives were to blame for SVB’s failure.
First Republic tells CNBC the bank isn’t seeing that many depositors leave, JPMorgan funding working
Jim Herbert, First Republic’s executive chairman, told Cramer that the bank was not seeing massive outflows of deposits and was operating as usual.
‘That’s how capitalism works,’ Biden says of SVB, Signature Bank investors who lost money in failed banks
“Investors in the banks will not be protected,” Biden said. “They knowingly took a risk and when the risk didn’t pay off, the investors lose their money.”
Biden Interior approves controversial Alaska oil drilling project
The $8 billion Willow project in Alaska, led by the state’s largest crude oil producer, would produce about 600 million barrels of oil over 30 years.
Biden administration urges Congress to ban airlines from charging families to sit together
The Biden administration has taken aim at add-on fees across the travel and entertainment industries.
