PHILADELPHIA — Long-struggling Republic Bank failed Friday, closed by a regulator who then arranged its takeover by another firm. After shutting Republic, the Pennsylvania Department… Read More:
Category: US & GLOBAL ECONOMY
US regulators seize troubled lender Republic First, sell it to Fulton Bank – Yahoo Finance
(Reuters) -U.S. regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, underscoring the challenges facing regional banks a year after… Read More:
Regulators Seize Republic First, a Troubled Philadelphia Bank – The New York Times
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank. Regulators late Friday seized… Read More:
Bank of America lays out the exact scenario that could finally pop the stock market’s AI bubble – Yahoo Finance
Spencer Platt/Getty Images Bank of America says the ongoing “anything but bonds” bull market has led to a very top-heavy stock market. The firm is… Read More:
Macatawa Bank Corp (MCBC) Q1 2024 Earnings: Misses Analyst Forecasts Amid Merger Developments – Yahoo Finance
Net Income: Reported $9.8 million for Q1 2024, down from $12.0 million in Q1 2023, falling short of the estimated $10.20 million. Earnings Per Share… Read More:
Republic First Bank seized by FDIC, sold to Fulton Bank – NJBIZ
Listen to this article In yet another twist in the Republic First Bank saga, the financial institution was seized April 26 by regulators and acquired… Read More:
Republic First fails; Fulton Bank acquires assets, branches – American Banker
Regulators took over Republic First on Friday with Fulton Bank acquiring substantially all of the bank’s assets and deposits. The sale will result in a… Read More:
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year – ABC News
WASHINGTON — Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said… Read More:
Bank With Bristol Twp. Branch Goes Bust, Has Been Seized – LevittownNow.com
The bank branch in Bristol Township. The Pennsylvania Department of Banking and Securities shut down Philadelphia-based Republic Bank on Friday, officials confirmed in an evening… Read More:
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation – PYMNTS.com
The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and… Read More:
Twilio (TWLO) Beats Stock Market Upswing: What Investors Need to Know – Yahoo Finance
The latest trading session saw Twilio (TWLO) ending at $60.89, denoting a +1.47% adjustment from its last day’s close. The stock exceeded the S&P 500,… Read More:
Plug Power (PLUG) Beats Stock Market Upswing: What Investors Need to Know – Yahoo Finance
The latest trading session saw Plug Power (PLUG) ending at $2.41, denoting a +1.26% adjustment from its last day’s close. The stock exceeded the S&P… Read More:
Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months – The Associated Press
NEW YORK (AP) — The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday. The… Read More:
Not Saudi Arabia, but the UAE May Decide OPEC’s Next Move – OilPrice.com
Not Saudi Arabia, but the UAE May Decide OPEC’s Next Move | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global… Read More:
Stock Market Today: Stock Market News And Analysis – Investor’s Business Daily
LATEST MARKET UPDATES View Prior Stock Market Today Updates X Current Recommended Market Exposure Level STOCK MARKET TODAY With regular updates throughout each trading session,… Read More:
Markets News, April 26, 2024: S&P 500, Nasdaq Snap Losing Streaks; Alphabet Soars Past $2T – Investopedia
Stock Indexes Wrap: Alphabet, Microsoft Spur AI Rally; Intel and Oil Giants Slide 8 hr 35 min ago The Dow Amazon (AMZN) surged 3.4%, boosted… Read More:
Stock Market Today: Indexes Rise to Close Best Week Since November – Markets Insider
US stocks closed the week with their strongest gain since November on Friday. Alphabet and Microsoft led a rally after earnings. Alphabet announced its first-ever… Read More:
JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario – The Associated Press
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t… Read More:
JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario – The Associated Press
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t… Read More:
Stock Market Today: Markets Soar Amid Strong Earnings for Big Tech – Kiplinger’s Personal Finance
Stocks rebounded sharply on strong earnings from some Big Tech names and an encouraging reading on consumer spending. Better-than-expected quarterly reports from Google parent Alphabet… Read More:
Stock Market Today: Microsoft and Google Send Nasdaq Higher – Newsweek
U.S. stocks closed a volatile week of trading broadly higher after a busy stretch of positive tech earnings helped overcome investor concerns over inflation and… Read More:
Drone Attacks Take Khor Mor Gas Field Offline, Claims Lives – OilPrice.com
Drone Attacks Take Khor Mor Gas Field Offline, Claims Lives | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com,… Read More:
Exxon Expects Regulator To Greenlight $60-Billion Pioneer Deal in June – OilPrice.com
Exxon Expects Regulator To Greenlight $60-Billion Pioneer Deal in June | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Trending Discussions Premium… Read More:
DAILY OIL PRICE: April 26, 2024 – Odessa American
.tdi_24,.tdi_24 .tdc-columns{min-height:0}.tdi_24,.tdi_24 .tdc-columns{display:block}.tdi_24 .tdc-columns{width:100%}@media (min-width:768px){.tdi_24{margin-left:-0px;margin-right:-0px}.tdi_24 .tdc-row-video-background-error,.tdi_24>.vc_column,.tdi_24>.tdc-columns>.vc_column{padding-left:0px;padding-right:0px}}@media (min-width:767px){.tdi_24.tdc-row-content-vert-center,.tdi_24.tdc-row-content-vert-center .tdc-columns{display:flex;align-items:center;flex:1}.tdi_24.tdc-row-content-vert-bottom,.tdi_24.tdc-row-content-vert-bottom .tdc-columns{display:flex;align-items:flex-end;flex:1}.tdi_24.tdc-row-content-vert-center .td_block_wrap{vertical-align:middle}.tdi_24.tdc-row-content-vert-bottom .td_block_wrap{vertical-align:bottom}}.tdi_24{padding-top:2px!important;padding-bottom:2px!important;position:relative}.tdi_24 .td_block_wrap{text-align:left} .tdi_23_rand_style{background-color:#ffffff!important} .tdi_26{vertical-align:baseline}.tdi_26>.wpb_wrapper,.tdi_26>.wpb_wrapper>.tdc-elements{display:block}.tdi_26>.wpb_wrapper>.tdc-elements{width:100%}.tdi_26>.wpb_wrapper>.vc_row_inner{width:auto}.tdi_26>.wpb_wrapper{width:auto;height:auto}.tdi_26{width:80%!important} .tdi_27{margin-top:2px!important;margin-bottom:0px!important}@media (min-width:768px) and (max-width:1018px){.tdi_27{display:none!important}} .tdb_mobile_horiz_menu{margin-bottom:0;clear:none}.tdb_mobile_horiz_menu.tdb-horiz-menu-singleline{width:100%}.tdb_mobile_horiz_menu.tdb-horiz-menu-singleline .tdb-horiz-menu{display:block;width:100%;overflow-x:auto;overflow-y:hidden;font-size:0;white-space:nowrap}.tdb_mobile_horiz_menu.tdb-horiz-menu-singleline .tdb-horiz-menu>li{position:static;display:inline-block;float:none}.tdb_mobile_horiz_menu.tdb-horiz-menu-singleline .tdb-horiz-menu ul{left:0;width:100%;z-index:-1}.tdb-horiz-menu{display:table;margin:0}.tdb-horiz-menu,.tdb-horiz-menu ul{list-style-type:none}.tdb-horiz-menu ul,.tdb-horiz-menu… Read More:
What a Real Civil War Would Do to the U.S. Economy – Foreign Policy
Insider Your all-access pass to FP What a Real Civil War Would Do to the U.S. Economy A new film focuses on politics, but the… Read More:
What a Real Civil War Would Do to the U.S. Economy – Foreign Policy
Insider Your all-access pass to FP What a Real Civil War Would Do to the U.S. Economy A new film focuses on politics, but the… Read More:
Russia’s LNG Expansion Plans Hit the Wall – OilPrice.com
Russia’s LNG Expansion Plans Hit the Wall | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global… Read More:
TotalEnergies Beats Q1 Profit Forecast Despite Lower Natural Gas Prices – OilPrice.com
TotalEnergies Beats Q1 Profit Forecast Despite Lower Natural Gas Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By… Read More:
Earnings for Big Oil backpedal as natgas prices tumble – Yahoo Finance
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas… Read More:
Contra Costa County Gas Prices Drop 7 Cents – Contra Costa News
California gas prices dropped this week as the average gallon of gasoline in Contra Costa County stands at $5.52 per gallon Friday, down a 7-cents… Read More:
TotalEnergies Mulls Primary New York Listing to Expand U.S. Shareholder Base – OilPrice.com
TotalEnergies Mulls Primary New York Listing to Expand U.S. Shareholder Base | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for… Read More:
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible – NBC News
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling… Read More:
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible – NBC News
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling… Read More:
JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario – Yahoo Canada Finance
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t… Read More:
Stock market today: Stocks build on tech-fueled jump as market takes PCE in its stride – Yahoo Finance
The Federal Reserve’s cautious approach to interest rate policy over the past year has translated to an ethos of constantly following the data. But with… Read More:
Yen sinks to 34-year low after Bank of Japan holds interest rates near zero – Financial Times
Standard Digital Weekend Print + Standard Digital $75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a… Read More:
Energy Efficiency is Critical for a Sustainable Future – OilPrice.com
Energy Efficiency is Critical for a Sustainable Future | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has… Read More:
Europe is beating inflation. Why can’t America declare victory? – CNN
London CNN — Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United States, with… Read More:
Europe is beating inflation. Why can’t America declare victory? – CNN
London CNN — Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United States, with… Read More:
US Economy Faces ‘Worst Of Both Worlds’ As Stagflation Threat Looms Large – Benzinga
Loading… Loading… The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession. What Happened:… Read More:
US Economy Faces ‘Worst Of Both Worlds’ As Stagflation Threat Looms Large – Benzinga
Loading… Loading… The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession. What Happened:… Read More:
National Rifle Association Files for Bankruptcy – WSJ
The gun-rights group plans to move to Texas in the latest twist to its legal battle with New York’s attorney general. Source: National Rifle Association… Read More:
MAGAnificent! The Economic Truth or Terror is Known at Last – The Great Recession Blog
What does MAGAnificent America look like now that it’s here? Does America really feel greater after the last four years? Be honest now. Be really… Read More:
Big Banks, Small Banks Failing In US And Worldwide
The biggest bank in Europe is in the process of imploding, and there are persistent rumors that the final collapse could happen sooner rather than later. Banks in China are also failing. Last week, three US banks failed. Four US banks have failed this year. Read More:
Central Bankers Now Plotting Government Subversion? – The Great Recession Blog
Central Bankers Now Plotting Government Subversion?Two weeks ago a former Federal Reserve board member and bank president, William Dudley, wrote an editorial that encouraged the… Read More:
Is it the Fed or is it the Trump? Here’s the Truth. – The Great Recession Blog
Is it the Fed or is it the Trump? Here’s the Truth. In this round of Truth or Trump, Trump clearly wins. First, look at… Read More:
Fed Med is Dead: How We Went from Fake Recovery to Freefall – The Great Recession Blog
Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed… Read More:
Big Stocks Rock NASDAQ as Two FAANGs Bite the Dust – The Great Recession Blog
Big Stocks Rock NASDAQ as Two FAANGs Bite the DustTwo of the original FAANG stocks that carried the US stock market higher throughout the Fed’s… Read More:
Housing Market Collapse 2.0 Accelerates Rapidly! – The Great Recession Blog
Just ten days ago, your Lone Ranger here laid out why one should see the barely beginning downturn of the housing market in Seattle as… Read More:
An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades – The Washington Post
The exodus is Latin America’s biggest migration crisis in decades. Source: An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades –… Read More:
Stock Market Volatility Attributed to Shenanigans
Technical expert Michael Ballanger explores the maneuvering he believes underlies current market fluctuations. Source: Stock Market Volatility Attributed to Shenanigans
US Stock Market in Position for Downwave #2
Technical analyst Clive Maund explains why he believes the stock market rally of the past couple of weeks is not a resumption of the bull… Read More:
Asian Stock Markets Gain After Wall Street Rally | Business News | US News
Asian stock markets have risen following Wall Street’s rally as investors look ahead to the U.S. Federal Reserve chairman’s congressional testimony for insights into its… Read More:
The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
According to a yearlong exploration of the productivity puzzle. Source: The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
UK economic growth revised downwards – BBC News
Economic growth was a worse than expected 0.4% in the last three months of 2017, official figures say. Source: UK economic growth revised downwards –… Read More:
Fed Officials Say Economy Is Ready for Higher Rates – The New York Times
The Fed has gained confidence the economy is strong enough to continue raising interest rates, according to the minutes of its most recent meeting. Read… Read More:
Premarket: Stocks dip; Germany’s diesel decision; British American Tobacco stock suffers – Feb. 22, 2018
Here’s what you need to know about the markets before you start your business day. 1. Negative sentiment takes hold: US stock futures are pointing down again,… Read More:
Epochal Stock Market Flash Crash Reconnects Stocks and Bonds, Portends End of Fake Recovery – The Great Recession Blog
It took sixteen months to build the exceptionally steep Trump Rally, and just one week to eliminate a quarter of it. While I wouldn’t call that… Read More:
Stocks shrug off pop in rates, Dow up more than 100 points
Stocks rose in choppy trade Wednesday as Wall Street tried to build on the strong gains set in the previous session. Source: Stocks shrug off… Read More:
Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says – Bloomberg
The tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse, according to Goldman Sachs… Read More:
Dow plunges 1,175 — worst point decline in history
Asian shares fell sharply on Tuesday after Wall Street suffered its biggest decline since 2011 as investors’ faith in markets began to crumble. Japan’s Nikkei… Read More:
Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year
It was another crazy news week, so it’s understandable if you missed a small but important announcement from the Treasury Department: The federal government is… Read More:
Former Fed Chair Alan Greenspan Sees Bubbles in Stocks and Bonds – Bloomberg
The man who made the term “irrational exuberance” famous says investors are at it again. Source: Former Fed Chair Alan Greenspan Sees Bubbles in Stocks… Read More:
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970 – WSJ
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing… Read More:
Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Cryptocurrencies crash after India vows to eliminate their use Source: Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Investors dump US dollar & rush to gold — RT Business News
The gold price rose to its highest level in more than a year on Thursday as investors seek a safe haven after the US dollar… Read More:
One person was already able to ‘shoplift’ from Amazon Go
On Monday, Amazon Go, the company’s new cashier-less mini-market opened in downtown Seattle, showing the world what retail shopping in the future could look like.… Read More:
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some items – NaturalNews.com
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some itemsMonday, January 15, 2018 by: Isabelle Z. Tags:… Read More:
U.S. oil industry set to break record, upend global trade
U.S. and Global Economy U.S. oil industry set to break record, upend global trade Liz Hampton8 MIN (Reuters) – Surging shale production is poised to… Read More:
Dow Industrials Top 26000 for First Time as Earnings Season Ramps Up – WSJ
Dow Industrials Top 26000 for First Time as Earnings Season Ramps UpDollar rebounds from a three-year low, while bitcoin’s selloff accelerates The Dow Jones Industrial… Read More:
What is Behind the Diplomatic Rush of Gulf countries ?
Saudi Arabia, Bahrain, the United Arab Emirates (UAE), Egypt, Yemen, Libya, the Maldives and Mauritania announced on Monday an extraordinary step of cutting off diplomatic… Read More:
Qatari policy on refugees and security in the Middle East
According to Gulf Times, The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, called for a political settlement of the conflict in Syria, where millions… Read More:
U.S. Conceal the Economic Causes of the Airstrike
According to the Video clips Editor at the Financial Times, Jamie Han, tensions around Syria are rising with every passing day. The second U.S.-led attack… Read More:
US-led Coalition Airstrike On Assad’s Forces Was Not Accidental
On May 18, the moving convoy of the Syrian pro-government forces consisted of militias was hit by a massive airstrike of the U.S.-led international coalition.… Read More:
INVESTIGATION: Route of Bulgarian Weapon Deliveries to Syrian Islamists Exposed
Inside Syria Media Center has conducted an investigation to expose a U.S.-backed of weapon supplies to the al-Qaeda group in Syria. The suppliers list starts… Read More: