Jennifer Sor Bryan R Smith/Reuters US stocks sank on Thursday as investors brace for Friday’s key February jobs report. Investors are pricing in higher odds that the Fed dials rate hikes back up to 50 basis points later this month. Financial stocks were battered Friday after implosions at Silicon Valley Bank and Silvergate Capital. Loading… Continue reading Dow falls 543 points as US stocks slide ahead of important February jobs report
Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send ‘shock waves’ through the sector
Bank stocks plunged on Thursday as investors assessed the potential fallout from the implosions of Silicon Valley Bank and Silvergate Capital.SVB Financial surprised investors with lowered guidance, a $2.3 billion capital raise, and a massive $1.8 billion loss from its bond portfolio.”This is sending shock waves through the financials with the regional bank ETF lower… Continue reading Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send ‘shock waves’ through the sector
Bitcoin and ether slide as industry woes spark liquidation of crypto bank Silvergate
Bitcoin and other crypto assets fell Thursday following a decision by Silvergate Bank’s to liquidate. Bitcoin fell by more than 2% as Silvergate shares plunged by more than 40% at intraday lows. Coinbase, Signature Bank, and Metropolitan Bank Co. shares were also lower. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Bitcoin and ether slide as industry woes spark liquidation of crypto bank Silvergate
Mark Mobius says most of his investments are in Taiwan after complaining he can’t get his money out of China
Mark Mobius is betting big on Taiwan, after warning against putting money into China. “Taiwan is now our largest allocation,” the billionaire investor told Bloomberg TV. Mobius’ focus on Taiwan is spurred by his bullish outlook on the semiconductor industry. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Mark Mobius says most of his investments are in Taiwan after complaining he can’t get his money out of China
What economists say about Bank of Canada’s first rate hold in a year
Other economic potholes include inflation and wages Bank of Canada governor Tiff Macklem in Ottawa. Photo by Blair Gable/Reuters The Bank of Canada held true to its conditional pledge in January, leaving its benchmark interest rate unchanged at 4.5 per cent at its March 8 policy decision. Advertisement 2 This advertisement has not loaded yet,… Continue reading What economists say about Bank of Canada’s first rate hold in a year
Bank of Canada holds interest rate steady at 4.5%
Kevin Carmichael: Bottom line — those who like the central bank to hold their hands will be disappointed Published Mar 08, 2023 • Last updated 10 hours ago • 4 minute read 20 Comments Bank of Canada governor Tiff Macklem. Photo by REUTERS/Patrick Doyle The Bank of Canada kept its promise and stopped raising interest rates.… Continue reading Bank of Canada holds interest rate steady at 4.5%
Bank of Canada holds interest rates: Read the official statement
Keeps key policy rate at 4.5% The Bank of Canada building in Ottawa. Photo by Sean Kilpatrick/The Canadian Press The Bank of Canada held interest rates on March 8, keeping its key policy rate at 4.5 per cent. Advertisement 2 This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED… Continue reading Bank of Canada holds interest rates: Read the official statement
4 keys to having money conversations that can help keep your marriage healthy
The financial decisions you’ll be making once you’re married can often be overlooked It’s important to start discussing finances with your partner early. Photo by Getty Images/iStockphoto Getting married is an exciting milestone that comes with a host of changes to your personal and financial life. As the love you have for your partner is… Continue reading 4 keys to having money conversations that can help keep your marriage healthy
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