The consumer price index, a key measure of inflation, rose 0.4% in February, up 6% from February 2022, the U.S. Bureau of Labor Statistics reported on Tuesday.
CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday.
Home Depot co-founder Bernie Marcus believes the collapse of Silicon Valley Bank "will finally wake up" Americans to "understand that we’re living in very tough times."
HSBC has agreed to acquire the UK arm of Silicon Valley Bank for a nominal fee of £1, following the collapse of the bank due to its specialization in lending to technology companies.
Shalanda Young, Biden’s director of the Office of Management and Budget, assured Americans that the banking system was “resilient” amid the collapse of the Silicon Valley Bank (SVP).
In 2018, Swedish conspiracy theorist and professional climate rage actor Greta Thunberg shared a tweet declaring the world would end in 2023 because “science.”
Climate activists reacted with equal measures of anger and despair Sunday at the news oil giant Saudi Aramco achieved record profits totalling $161.1 billion last year.
A group of at least 1,000 migrants rushed the Paso Del Norte bridge linking Mexico to the U.S. in El Paso, Texas, on Sunday, to gain access into the United States.
The Federal Deposit Insurance Corp. (FDIC) and Federal Reserve are discussing creating a fund to backstop deposits if more banks fail following the collapse of Silicon Valley Bank.
While expressing pro-choice sentiments during an appearance on "The View," left-wing actress and activist Jane Fonda mentioned "murder" as a way to ensure that women have access to abortions, but she has since issued a statement claiming that her comment was meant as a joke.
