Small US banks see record drop in deposits after SVB collapse
Reuters Deposits at small US banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released on Friday by…
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Banks aren’t out of the woods yet and neither is the economy. Here’s why
By Krystal Hur, CNN Markets seesawed severely this week when two of the US economy’s most prominent leaders gave seemingly contradictory…
Continue ReadingThe Girl Scout cookie crumbled this year. Here’s what happened
By Danielle Wiener-Bronner, CNN For decades, Girl Scouts has used cookie sales to raise funds and teach scouts about entrepreneurship. This year,…
Continue ReadingCustomers now face a radically different tipping culture compared to a few years ago
By Nathaniel Meyersohn, CNN More stores now offer customers the option to tip, from coffee shops to ice cream stores. Around 48% of purchases at fast…
Continue ReadingAfter TikTok chief’s grilling in Washington, Apple’s Tim Cook is all smiles in Beijing
By Kathleen Magramo and Jake Kwon, CNN Apple CEO Tim Cook gave a show of support for China as a market and manufacturing base during a visit to…
Continue ReadingWhat to do with your credit card debt now that the Fed raised rates again
By Jeanne Sahadi, CNN The Federal Reserve on Wednesday raised its key interest rate for the ninth time since last March. Each time the Fed raises the…
Continue ReadingAirfares across Asia are sky-high this year. Here’s why
By Michelle Toh, CNN Travelers across Asia Pacific will likely continue to fork out more than usual for flights this year, even as planes return to…
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The French are up in arms over retiring at 64. How do other countries compare?
By Hanna Ziady and Olesya Dmitracova, CNN A nationwide strike in France to protest a rise in the retirement age drew more than a million people onto…
Continue ReadingFed official: People ‘hate’ inflation. That trumps bank stress and job loss
By Matt Egan, CNN The Federal Reserve faced a particularly vexing decision this week: Should it raise interest rates during a bank crisis? For Tom…
Continue ReadingWhat the banking crisis means for your job
By Alicia Wallace, CNN One of the biggest unknowns since the Federal Reserve started its historic rate-hiking campaign has been how many jobs could…
Continue ReadingWhat the banking crisis means for your job
CNN By Alicia Wallace, CNN One of the biggest unknowns since the Federal Reserve started its historic rate-hiking campaign has been how many jobs…
Continue ReadingEU was set to ban internal combustion engine cars. Then Germany suddenly changed its mind
By Ivana Kottasová, CNN When EU lawmakers voted to ban the sale of new combustion engine cars in the bloc by 2035, it was a landmark victory for…
Continue ReadingWhat the banking crisis means for mortgage rates
By Anna Bahney, CNN Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can…
Continue ReadingAmericans are going all-in on cash. That could spell more trouble
By Nicole Goodkind, CNN In the wake of Silicon Valley Bank’s collapse and subsequent banking meltdown, cash is king. The turmoil inflicted on…
Continue ReadingDeutsche Bank, UBS stocks sink as fear of European banking crisis returns
By Anna Cooban, CNN Europe’s banking stocks tumbled Friday as investors acted on their lingering worries that the recent crises at some banks…
Continue ReadingChinese authorities close Beijing offices of US Mintz Group detaining five local staff
By Sandi Sidhu and Chris Lau, CNN Chinese authorities have closed the Beijing office of Mintz Group, an American corporate due diligence firm, and…
Continue ReadingIndia’s parliament strips Rahul Gandhi of lawmaker status after defamation conviction
By Manveena Suri and Rhea Mogul, CNN The former leader of India’s main opposition political party has been disqualified as a lawmaker, a day…
Continue ReadingRussia can’t meet India arms deliveries due to Ukraine war, Indian Air Force says
By Rhea Mogul, CNN Russia is unable to honor its arms delivery commitments to India because of the war in Ukraine, the Indian Air Force (IAF) said,…
Continue ReadingUnions at Disney World win 37% pay hikes in tentative labor deal
By Chris Isidore and Vanessa Yurkevich, CNN About 32,000 hourly workers at Disney World will get raises equal to $3 an hour by the end of the year,…
Continue ReadingMan targeted by January 6 conspiracists demands retraction from Fox News and Tucker Carlson over ‘lies’
By Oliver Darcy and Marshall Cohen, CNN An attorney for Ray Epps, the Arizona man that January 6 conspiracy theorists falsely claim led an FBI plot…
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