What analysts are saying about Credit Suisse after ‘central bank bazooka’ is unleashed
U.S.-listed Credit Suisse shares jumped after the firm said it would borrow up to 50 billion Swiss francs from the Swiss National Bank.
‘What You Won’t Do for Love’ singer Bobby Caldwell dies at 71
Caldwell’s wife said his health began deteriorating six years ago after complications from a medication.
Snap stock surges on report that Biden may ban TikTok
Shares in U.S. social media firms Snap and Meta jumped after a report indicated that the Biden Administration could ban TikTok.
Judge appears sympathetic to abortion pill challenge in consequential Texas hearing
Judge Matthew Kacsmaryk said he’d issue his decision “as soon as possible” about a request to ban the drug mifepristone while the trial proceeds.
Google ends enterprise sales of Google Glass, its augmented reality smartglasses
It’s the end of the line for Google Glass, one of the first — and most-recognized — smart glasses products from a big tech company.
Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
Growth in Adobe’s digital media business is driving higher profit expectations.
Long-awaited Fed digital payment system to launch in July
FedNow creates “a leading-edge payments system that is resilient, adaptive, and accessible,” said Richmond Fed President Tom Barkin.
Senate confirms Eric Garcetti as U.S. ambassador to India
Garcetti will be the first permanent ambassador to India under President Biden after delays and drama over the nominee. As some Democrats defected, several Republicans voted yes.
Trump extends lead over DeSantis in new poll of possible GOP primary field
DeSantis, who has not yet announced his widely expected presidential campaign, has recently come under fire from Trump and other presidential contenders.
These stocks benefit the most when short-term rates slide, according to Jefferies
The strategist noted the steep drop in the 2-year yield is pointing to worsening economic conditions.
