Dow plunges as bank woes overshadow hopes of Fed pause
Wall Street ended lower on Thursday after PacWest’s move to explore strategic options deepened fears about the health of US lenders ...
Tag: stocks
Feds eyeing possible ‘manipulation’ of bank shares: report
US officials at the federal and state level are assessing the possibility of “market manipulation” behind big moves in banking ...
Dow tumbles over 500 points on debt-ceiling jitters
Stocks ended sharply lower on Tuesday as regional bank shares tumbled on renewed fears over the financial system and as investors ...
FDIC races to find buyer for collapsing First Republic Bank
Federal regulators are scrambling to find a buyer for First Republic Bank as the banking company’s stocks continue to tumble, ...
First Republic Bank on verge of takeover by FDIC: report
The Federal Deposit Insurance Corporation is preparing to place First Republic under receivership imminently, a person familiar with the matter said Friday, sending ...
Bed Bath & Beyond to file bankruptcy within days due to financial struggles
Bed Bath & Beyond Inc. is getting ready to file for bankruptcy as early as this weekend, as the embattled ...
American Airlines’ weak profit forecast sends rivals’ stocks tumbling
Airline stocks tumbled Wednesday after American Airlines issued a lackluster outlook that appeared to amplify fears that travel demand, which ...
US earnings set to be weakest since COVID-19 pandemic, Goldman strategists warn
Goldman Sachs strategists are predicting the most dismal earnings season since the height of the COVID-19 pandemic this quarter as ...
Short sellers target TD Bank with $3.7B in bearish bets
Short sellers are betting that Canada-based lender Toronto-Dominion Bank — better known as TD — will be the next firm ...
Credit Suisse, UBS shares drop after Swiss probe into merger
Credit Suisse and UBS shares fell on Monday after Switzerland’s federal prosecutor opened an investigation into the emergency merger of the two lenders. ...
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