16/03/2023 20:03 - Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that prediction has proved. ...
16/03/2023 18:03 - Global Pharma recalled eye drops in February after they were tied to a drug-resistant bacteria strain linked to at least one death. Two more companies have since recalled eye drops. ...
16/03/2023 17:03 - The Treasury secretary, testifying before members of the Senate, says the country’s banking system “remains sound.” Stocks were volatile in the United States, with pressure on midsize banks. The European Central Bank raised interest rates by half a point as fears of inflation overcame financial industry worries. ...
16/03/2023 16:03 - The European Central Bank raised interest rates by half a point, as fears of inflation overcame worries about banks. U.S. stocks fell, but shares of Credit Suisse soared after it announced a lifeline. ...
16/03/2023 16:03 - With its shares getting pummeled, one of the nation’s bigger banks is searching for options to shore up its finances and calm jittery investors. ...
16/03/2023 15:03 - Investors remain unsettled by worries about the health of the banking system, even after Credit Suisse announced a lifeline to borrow as much as $54 billion. The European Central Bank raised interest rates by half a point, as fears of inflation overcame worries about banks. ...