Scaramucci Warns Of Regional Bank Runs If Fed Doesn’t Act On SVB: ‘Why Are We Paying All Of These Taxes?’
As experts continue to weigh in on the fallout of SVB Finance Group (NASDAQ: SIVB)-owned Silicon Valley Bank’s collapse, one more voice from the Street joined the chorus. What Happened: Anthony Scaramucci, the founder of Skybridge Capital, took to Twitter to raise the ominous prospect facing the regional banks following the SVB collapse. “Who will […]
States Cite Potential Bias in Life-Insurance Algorithms
Regulators are pushing back on the use of data science to speed up cumbersome application processes.Read More
U.K. Offers Aid to Silicon Valley Bank Customers
The U.K. Treasury says that it wants to minimize damage to promising companies.Read More
Savers Pile Money Into Bank CDs as Rates Top 5%
High inflation, rising interest rates, and economic anxiety are making certificates of deposit cool again.Read More
NICE Actimize Report Reveals Soaring Attempted Fraud Transactions in 2022
Financial institutions and consumers need to be vigilant as the latest report from NICE Actimize reveals that attempted fraud transactions increased by a whopping 92 per cent in 2022 compared to the previous year. The 2023 NICE Actimize Fraud Insights Report also found that attempted fraud amounts have risen by 146 per cent. It’s a […]
Silicon Valley Bank: Reaction as UK Government ‘Works On’ Solution
Silicon Valley Bank UK (SVBUK) is entering insolvency, after its parent company collapsed and was taken over by US regulators on Friday. The UK government has said it is “working at pace” on a solution to avoid or minimise damage to some of the UK’s “most promising companies”. On Sunday morning, HM Treasury Chancellor Jeremy […]
Why some women take note when you call them ‘ma’am’
An unexpected rainstorm. A traffic jam on your morning commute. Realizing you forget to put on deodorant.Read More
How would permanent Daylight Saving Time affect you?
• Why the US kept Daylight Saving TimeRead More
Norfolk Southern balks at compensating homeowners in East Palestine
• The world’s most expensive housing market has a crisis • Where prices for single-family homes are falling • Video: These renters are fighting evictions, and it’s workingRead More
As Trump embarks on 2024 journey, some allies go their own way
As Donald Trump’s onetime campaign manager and a New Hampshire resident, Corey Lewandowski has been by the former president’s side for many of his trips to the Granite State. But when Trump traveled to the state in late January, Lewandowski declined an invitation to appear at the event, a source with direct knowledge told CNN.Read […]
