Monday, March 27, 2023

How the Fed's latest rate increase will affect your bank savings

Banking has been top of mind for many people in the wake of some surprise bank failures and moves by US regulators to boost confidence in the financial system.
CNN Business: Markets Now
 
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How the Fed's latest rate increase will affect your bank savings
Banking has been top of mind for many people in the wake of some surprise bank failures and moves by US regulators to boost confidence in the financial system. Read more »
 
Disney begins laying off 7,000 employees, CEO Bob Iger announces
Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in February that the company would axe 7,000 jobs. Read more »
 
US regulators sue crypto megaplatform Binance and its CEO
Federal regulators sued Binance, the world's largest crypto trading platform, and its CEO for allegedly violating trading rules. Read more »
 
Commercial real estate is in trouble. Why you should be paying attention
Economists are growing concerned about the $20 trillion commercial real estate (CRE) industry. Read more »
 
Europe's banking stocks recover as SVB deal brings respite
European banking stocks rose Monday, boosted by the news that US lender First Citizens Bank would buy most of the business of failed Silicon Valley Bank. Read more »
 
Saudi National Bank chair resigns after Credit Suisse comments
The chairman of Credit Suisse's largest shareholder, Saudi National Bank, has resigned less than two weeks after comments he made about the Swiss lender accelerated a plunge in its share price. Read more »
 
 
 
 
Dow Nasdaq S&P
+194.55   -55.12   +6.54
32,432.08   11,768.84   3,977.53
+0.60%   -0.47%   +0.16%
YTD -2.16%   YTD +12.44%   YTD +3.59%
 
Biggest Winners
First Republic Bank +11.81%
 
Catalent Inc +7.77%
 
International Flavors & Fragrances Inc +6.35%
 
Hewlett Packard Enterprise Co +5.48%
Biggest Losers
Carnival Corp -4.77%
 
American Tower Corp -3.24%
 
Norwegian Cruise Line Holdings Ltd -2.94%
 
Nike Inc -2.40%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $72.90 +3.64 / +5.26%
Gold $1,957.40 -26.40 / -1.33%
10-yr 3.53% +0.15
Euro $1.08 +0.00 / +0.16%
More Markets Now
 
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