Apple Eases On Bonus & Hiring, Federal Reserve Mulls Tougher Rules After SVB Failure, Meta-Backed Undersea Cable Project Delayed By China: Today’s Top Stories
Reuters
Fed Mulling Tougher Rules For Midsize Banks After SVB Crash
Producer Price Index Unexpectedly Falls In February, Swinging Market Expectations Toward Federal Reserve Pause
U.S. producer prices fell more than economists had expected last month in a sign the Federal Reserve's aggressive response to high inflation is starting to take hold.
Jim Cramer Predicts Bitcoin’s Imminent Demise — Will His Record For Getting It Wrong Continue?
Jim Cramer called Bitcoin (CRYPTO: BTC) a "strange animal" and suggested that it is being "manipulated up".
A Look At First Republic Bank’s Chart Following SVB Financial Collapse
First Republic Bank (NYSE: FRC) slid more than 6% in the premarket on Wednesday after four days of extreme volatility.
Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight
The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move.
Cues From Tuesday’s Trading:
Warren Buffett’s Berkshire Reportedly Agrees To Give Better Disclosures After SEC Push
Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has reportedly agreed to disclose in a better way how its board of…
$150M Crypto Shorts Liquidated In 12 Hours As Bitcoin Holds Near $25K
Crypto shorts took a severe hit as Bitcoin (CRYPTO: BTC) breached $26,000 early on Wednesday morning.
Why This Money Manager Thinks Fed’s SVB Rescue Plan Could Lead To ‘Much Larger’ Problems
As the Street debates the ramification of the SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank’s collapse and the government’s rescue, one analyst reasoned that the soluti
Apple Unveils New Way To Buy iPhones In US: Get Expert Advice Without Leaving Home
Customers in the U.S. looking for more personalized shopping might find Apple Inc.’s (NASDAQ:AAPL) latest innovation, “Shop with…
Meta-Backed Undersea Cable Project Reportedly Delayed By China Over Spying Fears
China is pushing for more control over undersea cable projects in the South China Sea and held back approval for a project that involved Facebook parent Meta Platforms Inc (NASDAQ: META) for several months.