Business and Finance

Recession concerns escalate as the U.S. economy weakens: NPR

The United States' economy is experiencing signs of instability, with shoppers becoming increasingly cautious and lenders tightening their grip on credit. According to a...

Experts Warn of Imminent Collapse of San Francisco’s First Republic Bank

The already dire situation at First Republic Bank seems to have gone from bad to worse this week, as its stock has nose-dived after...

Alert Raised as US Banks See Decline in Commercial Real Estate Values

American banks are growing increasingly concerned about declining commercial property valuations and the risk this presents to their balance sheets, according to senior industry...

More than 9 US Congress members sold bank stocks during tumultuous times last month

Multiple members of the US Congress have sold banking stocks before and during the market turmoil last month, sparking discussions around conflicts of interest....

Bloomberg News: First Republic Bank Considers Asset Sales Worth Up to $100 Billion

Troubled lender First Republic Bank is reportedly in discussions over an asset sale worth as much as $100 billion. Sources close to the matter,...

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