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.
The collapse of Silicon Valley Bank (SVB) was the fault of US President Joe Biden’s administration, Donald Trump has claimed, warning it could lead to a new Great Depression in the United States.
New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
A new report from the Associated Press indicates that many American teens have become disillusioned with college and have opted to skip it in favor of going to trade school or working a job that does not require an undergraduate degree.
The world’s number one tennis player Novak Djokovic has withdrawn from the Miami Open and the U.S. Open because he is still banned from entering the country owing to his vaccination status.
New York City Mayor Eric Adams, a Democrat, is hoping to send illegal migrants to college for free, with taxpayers footing the bill that could cost around $1.2 million in the first year.
Following the train derailment in Ohio last month, there was something of a groundswell among some Republicans calling for Transportation Secretary Pete Buttigieg to resign. Sen. Marco Rubio (R-FL) was among those calling for that, while a group of House Republicans introduced a resolution, later withdrawn, calling for Buttigieg to step down.
