FDIC To Begin Returning Some Uninsured SVB Deposits As Soon As Monday: Report
The Federal Deposit Insurance Corporation (FDIC), overseeing the emergency breakup of SVB Financial Group (NASDAQ:
Bill Ackman Calls SVB Crisis A ‘Break-the-Buck Moment,’ Says Biden Will Be Blamed ‘If This Goes Down Poorly’
Pershing Square Capital Management’s Bill Ackman is calling out not only the management at Silicon Valley Bank, but also the federal government for not properly monitoring the bank’s activity, leading to the collapse of the SVB Financial Group (NASDAQ: SIVB)
Florida Will Legalize Recreational Marijuana Soon If Voters Have Their Say, New Poll Finds
A new poll conducted by the University of North Florida's (UNF) Public Opinion Research Lab (PORL) revealed that people in the Sunshine State broadly support recreational marijuana legalization.
Biden’s Proposed Tax Hikes On Corporations And The Wealthy: What Investors Need To Know
President Joe Biden unveiled his new tax plan this week, and investors have been digging into the proposal to determine just how they might be impacted.
FDIC Takes Over Silicon Valley Bank: Here Are The Details
Silicon Valley Bank has been closed Friday by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation has been appointed as the bank's receiver.
New York Governor, Attorney General Ask Three Pharmacy Operators’ Commitment Over Abortion Drug Access
New York government officials Governor Kathy Hochul and Attorney General Letitia James have sent a letter to CVS Health…
Biden’s Tax Hike Push To Drive Innovation ‘Migration’ To ‘Asia And Elsewhere,’ Predicts Cathie Wood
President Joe Biden, this week, put forward proposals that would help boost tax income to meet the funding needs for the Medicare program.
Fed Assembling Special Crypto Squad As Silvergate Collapse Unnerves Investors
Michael Barr, the Federal Reserve's Vice Chairman for Supervision, said the central bank is taking action to protect the cryptocurrency sector, with the formation of a "specialized team of experts.”
Will CBDCs Kill Bitcoin Like Fed’s Powell Says? Here’s Why They Might Actually Pump It Up Further
Jerome Powell's recent comments on cryptocurrency have caused a stir, with the Federal Reserve Chair suggesting they could become worthless if the U.S. introduces its own central bank digital currency. How true is this? Let’s break it down.
PA Update: Gov. Pushes For Legalization, Reform Bills, Fed Court Rules In Favor Of Weed Workers
Pennsylvania Gov. Josh Shapiro (D) has proposed legalizing and taxing recreational cannabis as part of his 2023-2024 budget request.