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Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
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Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Top stories -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Politics -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.The Wall Street Journal - World -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Euro Bank Credit Spreads Seen Tightening on Monday, Driven By Positive Earnings
Eurozone bank bonds are expected to perform well on Monday, with credit spreads seen tightening, supported by solid earnings and positive news on France’s credit rating, UniCredit Research said.The Wall Street Journal - World -
Euro Bank Credit Spreads Seen Tightening on Monday, Driven By Positive Earnings
Eurozone bank bonds are expected to perform well on Monday, with credit spreads seen tightening, supported by solid earnings and positive news on France’s credit rating, UniCredit Research said.The Wall Street Journal - World -
Former IDF soldier criticizes Israel's actions in Gaza
A former IDF soldier is breaking his silence. In an interview with CBS News foreign correspondent Debora Patta, he describes the culture within the Israeli military, and why he believes the bombardment of Gaza has often been indiscriminate.CBS News - Top stories - Israel
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Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025
Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a "better year" in 2025.CNBC - Business -
Biden administration faces onslaught of lawsuits as business groups claim regulatory overreach
The Biden administration faces a wave of lawsuits targeting its regulatory agenda, as business groups argue federal agencies are overstepping their authority.CNBC - Business - Joe Biden -
Judge rejects J&J, Bristol Myers Squibb challenges to Medicare drug-price negotiations
The decision is another win for the Biden administration in a bitter legal fight with several drugmakers over the constitutionality of the price talks.CNBC - Business -
DJT: Why Trump Media shares closed more than 12% higher
Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.CNBC - Business - Donald Trump -
Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China
Shares of Tesla rose sharply after the company passed a significant milestone to roll out its advanced driver-assistance technology in China.CNBC - Business - China