Bitcoin rises as investors await vote on tentative debt ceiling agreement
A visual representation of the digital cryptocurrency, Bitcoin, is on display in front of the Bitcoin course's graph in Paris, February 9, 2021.Chesnot | Getty ImagesBitcoin…
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Federal Reserve System
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
Singapore's largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is confident that it can ride on other drivers going forward,…
Market may ignore recession for first time since 1945, RBC’s top strategist Lori Calvasina finds
Wall Street may be ripping a page out of the post-WWII era. According to RBC Capital Markets' Lori Calvasina, stocks may be ignoring all signs of a recession. "If you go all the…
China’s banking troubles are not the same as Silicon Valley Bank, economist says
A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley…
‘Be mindful of your risk’: Money manager tackles Silicon Valley Bank fallout on ETFs
There's speculation the Silicon Valley Bank collapse could expose problems lurking in ETFs tied to specific sectors.Astoria Portfolio Advisors CIO John Davi has financials topping…
European Central Bank hikes rates despite market mayhem, pledges support if needed
European Central Bank (ECB) President Christine Lagarde announces a new monetary policy decision.Frederick Florin | Afp | Getty ImagesThe European Central Bank on Thursday…
Regional bank stock plunge creating key entry point for investors, top analyst says
The dramatic drop in regional bank stocks is a key entry point for investors, according to analyst Christopher Marinac.Marinac, who serves as Director of Research at Janney…
Here’s what could happen next for Silicon Valley Bank customers
A customer stands outside of a shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.Justin Sullivan | Getty ImagesSilicon Valley Bank's…
‘Fed is not your friend’: Wells Fargo delivers warning ahead of key inflation report
As Wall Street gears up for key inflation data, Wells Fargo Securities' Michael Schumacher believes one thing is clear: "The Fed is not your friend."He warns Federal Reserve chair…
Here’s everything the Fed is expected to do Wednesday
Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the…