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Baltimore Secures $45 Million Settlement In Opioid Liti...

Article by FOX45 | Published 06/10/24 | Comments (0)

Baltimore, MD - June 10, 2024  - On Monday, the City of Baltimore announced they reached a $45 million settlement with Allergan Finance, LLC to resolve the...

   
 

The U.S. Adds 272,000 Jobs In May, Far Exceeding Expect...

Article by The Hill | Published 06/07/24 | Comments (0)

The U.S. economy added 272,000 jobs in May, and the unemployment rate ticked slightly up to 4 percent, according to new Labor Department data released Friday. ...

   
 

Target To Lower Prices On Thousands Of Items As Inflati...

Article by WBAL | Published 05/20/24 | Comments (0)

Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and more Americans pay cl...

   
 

Dow Jones Industrial Average Tops 40000 for the First T...

Article by WSJ | Published 05/16/24 | Comments (0)

The Dow Jones Industrial Average crossed 40000 for the first time, a milestone that appeared implausible little more than two years ago when the Federal Reserve...

   
 

Inflation Falls In April To 3.4 Percent, Reverses Trend

Article by The Hill | Published 05/15/24 | Comments (0)

Inflation slowed in April after several months of faster-than-expected price increases, according to data released Wednesday by the Labor Department. The consu...

   
 

US Consumer Prices Heat Up In March; Seen Delaying Fed ...

Article by Reuters | Published 04/11/24 | Comments (0)

U.S. consumer prices increased more than expected in March as Americans continued to pay more for gasoline and rental housing, leading financial markets to anti...

   
 

Trump Unable To Finance An Appeal Bond For At Least $45...

Article by Washington Post | Published 03/18/24 | Comments (0)

 Donald Trump has been unable to finance an appeal bond for at least $450 million to cover a judgment in the New York attorney general’s busines...

   
 

Dollar Tree Plans To Close 1,000 Stores

Article by The Hill | Published 03/13/24 | Comments (0)

Dollar Tree will close 1,000 Family Dollar and Dollar Tree stores, the retailer announced Wednesday. “During the fourth quarter of fiscal 2023, the Company a...

   
 

US Economy Adds 275,000 Jobs In February, Unemployment ...

Article by FOX Business | Published 03/08/24 | Comments (0)

U.S. employers added 275,000 jobs in February and the unemployment rate ticked higher, the Labor Department reported on Friday. Economists surveyed by LSEG e...

   
 

Congress Passes Bill to Avert Government Shutdown

Article by WSJ | Published 02/29/24 | Comments (0)

Congress approved a temporary spending bill to prevent a partial government shutdown this weekend, with Speaker Mike Johnson (R., La.) force...

   
 

Trump Said He Had $400M In Cash. Now His Lawyers Say Bo...

Article by Washington Post | Published 02/29/24 | Comments (0)

Two weeks ago, a New York judge ordered Donald Trump to pay a huge penalty of $355 million plus interest — a grand total of more than $450 million �...

   
 

Grocery Store Mega-Merger Will Drive MD Food Prices Up:...

Article by Pikesville Patch | Published 02/27/24 | Comments (0)

The Federal Trade Commission on Monday sued to block the merger of two giant supermarket chains — Kroger and Albertsons Companies Inc. And Maryland's t...

   
 

Dow Tumbles 500 Points, Posts Worst Day Since March 202...

Article by CNBC | Published 02/13/24 | Comments (0)

Stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able ...

   
 

Dow Plunge Accelerates, On Pace For Worst Day Of 2024

Article by FOX Business | Published 02/13/24 | Comments (0)

U.S. stocks tumbled in a broad sell-off after a hotter-than-expected inflation report may jeopardize the Federal Reserve’s plan to cut interest rates. The&...

   
 

Inflation Rises Faster Than Expected In January As High...

Article by FOX Business | Published 02/13/24 | Comments (0)

Inflation rose more than expected in January thanks to a jump in grocery and housing costs, underscoring the challenge of taming price pressures within the econ...

   
 

US Job Growth Unexpectedly Jumps As Economy Adds 353,00...

Article by CNBC | Published 02/02/24 | Comments (0)

Job growth posted a surprise increase in January, demonstrating again that the U.S. labor market is solid and poised to support broader economic growth. Nonfar...

   
 

UPS To Send Some Workers Packing

Article by WMAR2NEWS | Published 01/31/24 | Comments (0)

Baltimore, MD - Jan. 31, 2024 - (WMAR2News) United Parcel Service (UPS) is planning to lay off workers, including some of the over 800 employees at the Halethor...

   
 

Private Sector Job Growth Cools Sharply In January To 1...

Article by FOX Business | Published 01/31/24 | Comments (0)

Hiring by U.S. companies slowed more than expected than expected in January, a possible sign the labor market is finally slowing in the face of higher interest ...

   
 

Congressional Leaders Reach Deal To Avert Government Sh...

Article by The Hill | Published 01/13/24 | Comments (0)

Congressional leaders have reached a deal to avert a government shutdown next week, landing on a two-step stopgap bill that will keep the lights on in Washingto...

   
 

North Carolina Latest To Withdraw Retirement Funds From...

Article by FOX Business | Published 01/11/24 | Comments (0)

North Carolina closed out last year by becoming the most recent state to divest its public employee pension from the corporate parent of Ben & Jerry’...

   
 

Inflation Picked Up to 3.4% in December

Article by WSJ | Published 01/11/24 | Comments (0)

Inflation firmed up at year’s end, after the pace of price gains fell by nearly half in 2023. The consumer-price index climbed 0.3% in December fro...

   
 

New York AG Asks Judge To Force Trump To Pay $370M In F...

Article by The Hill | Published 01/05/24 | Comments (0)

Former President Trump, his business and several top executives — including his adult sons — used “myriad deceptive schemes” to falsely inflate his net ...

   
 

Inflation Rises 0.1% In November, Slightly More Than Ex...

Article by FOX Business | Published 12/12/23 | Comments (0)

Inflation continued to moderate in November as a steep drop in gasoline prices helped to offset increases in the cost of housing, medical care and transportatio...

   
 

US Economy Adds 199,000 Jobs In November, Unemployment ...

Article by FOX Business | Published 12/08/23 | Comments (0)

Employers added 199,000 jobs in November, the Labor Department said in its monthly payroll report released Friday, beating the 180,000 jobs forecast by Refiniti...

   
 

Sam Bankman-Fried Found Guilty On All Counts At Fraud T...

Article by NB News | Published 11/02/23 | Comments (0)

A jury has found Sam Bankman-Fried Thursday guilty on all counts in the fraud trial against the former crypto billionaire. CNBC reported at around 4:55 p....

   
 

Facebook, Instagram Launch Paid Monthly Subscription

Article by JPost | Published 11/01/23 | Comments (0)

Facebook made an official announcement on Monday about the introduction of an ad-free subscription starting in November. Priced at 9.99 euros per mon...

   
 

Biden Cancels $9 Billion In Student Debt For 125,000 Bo...

Article by CNBC | Published 10/04/23 | Comments (0)

President Joe Biden announced Wednesday that he approved $9 billion in student loan forgiveness for 125,000 Americans. The relief is a resu...

   
 

After 3 Years, Student Loan Payments Are Back

Article by The Hill | Published 10/01/23 | Comments (0)

Student loan payments officially resume Sunday after borrowers were let off the hook for more than three years by a pause initiated during the economic turmoil ...

   
 

Amazon Sued By FTC And 17 States Over Allegations It In...

Article by AP | Published 09/26/23 | Comments (0)

U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its ...

   
 

Congress Says Its Wants To Avoid A Shutdown. But The Ho...

Article by AP | Published 09/26/23 | Comments (0)

The Congress is starkly divided over very different paths to preventing a federal shutdown — the Senate charging ahead with a bipartisan package to ...

   
 

Judge Rules Donald Trump Defrauded Banks, Insurers Whil...

Article by AP | Published 09/26/23 | Comments (0)

A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Judge ...

   
 

Biden Administration Makes Move To Strike Medical Bills...

Article by TND | Published 09/22/23 | Comments (0)

The Biden administration wants to stop medical debt from hurting Americans’ credit scores. The Consumer Financial Protection Bureau announced this week that ...

   
 

New Jersey's American Dream Megamall Losses Quadru...

Article by Bloomberg | Published 09/19/23 | Comments (0)

American Dream, the megamall in New Jersey’s Meadowlands, has seen its losses increase fourfold in one year, according to a draft securities filing. The 3.5-...

   
 

August Core Inflation, Excluding Food And Energy, Rose ...

Article by CNBC | Published 09/13/23 | Comments (0)

Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. The consumer price i...

   
 

New York City to Cut Overtime Pay for NYPD, Other Depar...

Article by National Review | Published 09/11/23 | Comments (0)

New York City will cut overtime pay for its police officers and three other agencies to help reduce costs driven by the city’s unprecedented migrant cris...

   
 

Rising Concerns Over AI-Enabled Scams Targeting Social ...

Article by WMAR2NEWS | Published 09/05/23 | Comments (0)

Baltimore, MD - Sept. 5, 2023  - Artificial intelligence can automate tasks and increase efficiency, but a government agency has seen it used in scams. Th...

   
 

U.S. Economy Gains 187,000 Jobs in August as Unemployme...

Article by FOX Business | Published 09/01/23 | Comments (0)

U.S. job growth continued at a moderate pace in August while the unemployment rate unexpectedly jumped, a sign the labor market is finally cooling in the face o...

   
 

Average Long-Term US Mortgage Rate Jumps To 7.23% This ...

Article by AP | Published 08/25/23 | Comments (0)

The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to prospective homebuyers grappling wi...

   
 

UPS Workers Approve Massive New Labor Deal With Big Rai...

Article by CNBC | Published 08/22/23 | Comments (0)

UP workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brothe...

   
 

Unclaimed Tax Credits in Maryland: Thousands May Miss O...

Article by WMAR2NEWS | Published 08/22/23 | Comments (0)

Thousands of people may be eligible for significant tax savings, and don't even know it. The Maryland Department of Assessments and Taxation (SDAT) is mai...

   
 

BOOST Scholarship Program Faces Funds Depletion Amid Su...

Article by FOX45 | Published 08/21/23 | Comments (0)

The state’s scholarship fund to help lower-income families utilize non-public schools will be depleted before new students receive a boost, according to the b...

   
 

Shekel Drops To 3.8 Against The Dollar, Its Lowest Sinc...

Article by Times of Israel | Published 08/21/23 | Comments (0)

The Israeli shekel took a further tumble to 3.8039 against the US dollar on Monday, its lowest rate since 2017. The shekel has lost two percent against the dol...

   
 

Maryland Achieves Record Low Unemployment Rate of 1.8% ...

Article by WMAR2NEWS | Published 08/18/23 | Comments (0)

Baltimore, MD - Aug. 18, 2023  - Maryland's unemployment rate hit a record low of 1.8% in July, with the state adding 2,000 jobs, primarily in the Ot...

   
 

US 30-year Fixed Mortgage Rate Jumps To Near 21-1/2-yea...

Article by Reuters | Published 08/17/23 | Comments (0)

U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest level in more than 21 years, further complicating the housing mark...

   
 

Fitch Warns It May Be Forced To Downgrade Dozens Of Ban...

Article by CNBC | Published 08/15/23 | Comments (0)

A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rat...

   
 

Shekel Slides To Lowest Rate In Three Years Against US ...

Article by Times of Israel | Published 08/15/23 | Comments (0)

The shekel continued to slide against the US dollar on Tuesday, trading at NIS 3.763, its lowest rate since March 2020. At one point, the shekel reached NIS 3....

   
 

Fitch Affirms Israel At 'A+'; Outlook Stable

Article by Arutz-7 | Published 08/14/23 | Comments (0)

Israeli Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich (Religious Zionism) on Monday issued a joint statement on Israel's credit r...

   
 

Israel Unemployment Falls To Pre-Pandemic Low

Article by i24 | Published 08/14/23 | Comments (0)

The employment rate and the percentage of labor force participation also fell slightly in July compared with June Israel's unemployment rate has fallen ...

   
 

Shop Maryland Tax-Free Week Returns

Article by FOX45 | Published 08/13/23 | Comments (0)

Baltimore, MD - Aug. 4, 2023  - The second Sunday of August to the following Saturday is designated as Shop Maryland Tax-Free Week each year. That means qu...

   
 

US Banking Industry Grapples With Credit Rating Cuts An...

Article by FOX45 | Published 08/09/23 | Comments (0)

It's tough times for the banking industry as more institutions face downgrades and credit rating costs just as consumer debt is climbing and credit card ba...

   
 

After 99 Years, Trucker Yellow Files for Bankruptcy

Article by WSJ | Published 08/07/23 | Comments (0)

Yellow, the 99-year-old trucking company, filed for bankruptcy and is closing the business, falling victim to mounting debt including a government loan and a st...

   
 

Economy Adds 187,000 Jobs In July, A Sign The Fed'...

Article by FOX Business | Published 08/04/23 | Comments (0)

U.S. employers added 187,000 jobs during the month of July, less than the 200,000 economists were expecting and below the 209,000 created in June.  The ...

   
 

IRS Aims to Go Paperless by 2025

Article by Newsmax | Published 08/02/23 | Comments (0)

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go compl...

   
 

Student Loan Borrowers Can Begin Applying For Lower Pay...

Article by Scripps News | Published 08/01/23 | Comments (0)

As federal student loan borrowers prepare for repayments to begin after a three-and-a-half-year hiatus, the federal government has launched a websitefor bo...

   
 

US Economy Unexpectedly Accelerated To a 2.4% Growth Ra...

Article by AP | Published 07/27/23 | Comments (0)

The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher inte...

   
 

Joint Statement by Prime Minister Benjamin Netanyahu an...

Article by BJLife Israel Newsroom | Published 07/25/23 | Comments (0)

This is a momentary response; when the dust clears, it will be clear that the Israeli economy is very strong.The security industries are bursting with orders. T...

   
 

Rating Agencies Warn Against Israel Due To Reform Legis...

Article by Arutz-7 | Published 07/25/23 | Comments (0)

In the wake of the legislation regarding the reasonability standard, top US credit rating agencies have expressed their concern about the Israeli government...

   
 

Elon Musk Says Twitter Lost Nearly 50% Of Advertising R...

Article by i24 | Published 07/16/23 | Comments (0)

Policy changes introduced by Musk and technical failures are leading to users fleeing to other platforms Elon Musk said Saturday that Twitter has lost nearly...

   
 

Shekel Strengthens Against Dollar Despite Ongoing Judic...

Article by i24 | Published 07/13/23 | Comments (0)

Dollar rate falls by 1.2% against the shekel, trading around 3.62 Despite the legal reform and the protest, the shekel continues to strengthen against U.S. d...

   
 

US Economy Adds 209,000 Jobs In June, Lighter Than Esti...

Article by FOX Business | Published 07/07/23 | Comments (0)

U.S. employers added 209,000 jobs in June, the lowest number since 2020, but still a sign that the Federal Reserve will continue on its rate tightening cycle th...

   
 

Ohio Makes Every Student Eligible for a Voucher

Article by BJLife Newsroom | Published 07/06/23 | Comments (0)

Agudath Israel applauds the Ohio General Assembly and Governor Mike DeWine for making school choice universally available in the state budget that was signed ea...

   
 

Q1 GDP Revised Up to 2%; Unemployment Falls

Article by Newsmax | Published 06/29/23 | Comments (0)

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to continued labor market strength. Initial claims ...

   
 

Funding Still Available for Emergency Rental Assistance

Article by WMAR2NEWS | Published 06/16/23 | Comments (0)

Millions of dollars in funding through the Emergency Rental Assistance (ERA) is available and Baltimore City is urging residents who are struggling to pay rent ...

   
 

Biden Signs Debt Ceiling Bill, Averting Government Defa...

Article by Washington Post | Published 06/03/23 | Comments (0)

Two days before the Treasury Department estimated it would run out of money to pay the nation’s debts, President Biden signed into law today a bill that suspe...

   
 

Payrolls Rose 339,000 In May, Much Better Than Expected...

Article by CNBC | Published 06/02/23 | Comments (0)

The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department repo...

   
 

Senate Approves Bill To Avert National Default, Sending...

Article by The Hill | Published 06/01/23 | Comments (0)

The Senate on Thursday night capped four months of contentious debate and voted to send a compromise bill to President Biden’s desk that extends the governmen...

   
 

House Passes Bill To Raise Debt Ceiling

Article by The Hill | Published 05/31/23 | Comments (0)

The House on Wednesday night passed a bipartisan bill to suspend the debt ceiling, overcoming vocal opposition from conservative and liberal lawmakers and bring...

   
 

Mortgage Rates Rise As Debt Ceiling Standoff Drags On

Article by CNN | Published 05/30/23 | Comments (0)

Mortgage rates are beginning to feel the impact of the debt-ceiling standoff, jumping higher for the second week in a row amid the uncertainty. The 3...

   
 

Nvidia Touches $1 Trillion Market Cap As Chipmaker Ride...

Article by Yahoo News | Published 05/30/23 | Comments (0)

Nvidia (NVDA) became the first chipmaker to ever hit a $1 trillion market valuation on Tuesday. Nvidia's stock rose more than 5% during the session, tempor...

   
 

Meta Fined $1.3 Billion Over Data Transfers to U.S.

Article by WSJ | Published 05/22/23 | Comments (0)

Facebook owner Meta Platforms was fined $1.3 billion by European Union regulators for sending user information to the U.S., a record privacy...

   
 

San Francisco Reparations to Cost $100 Billion

Article by Newsmax/AP | Published 05/20/23 | Comments (0)

San Francisco's proposed reparations plan could cost the city over $100 billion, the New York Times reports. The plan, backed by San Francisco supervisors...

   
 

Debt Limit Talks Stall as Republicans 'Press Pause...

Article by Newsmax | Published 05/19/23 | Comments (0)

Debt limit talks came to an abrupt standstill Friday after Republican House Speaker Kevin McCarthy said it's time to “pause” negotiations, and a Whit...

   
 

Target Expects Organized Retail Crime To Drive Addition...

Article by FOX45 | Published 05/18/23 | Comments (0)

Inventory shrink driven by organized retail crime is expected to reduce Target's profitability by an additional $500 million this year, Target CEO Brian Co...

   
 

Household Debt Hit Record $17T Last Quarter As Inflatio...

Article by FOX Business | Published 05/15/23 | Comments (0)

Americans racked up more debt at the beginning of 2023 – and a growing number of households fell behind on payments for several types of loans, according to a...

   
 

California Reparations Panel Approves Payments Of Up To...

Article by FOX News | Published 05/07/23 | Comments (0)

The California Reparations Task Force formally recommended that the state offer payments of up to $1.2 million to every qualifying Black resident. The task for...

   
 

Federal Reserve Raises Rates, Signals Potential Pause

Article by WSJ | Published 05/03/23 | Comments (0)

The Federal Reserve approved another quarter-percentage-point interest-rate rise and signaled it could be done lifting rates after that. The decision...

   
 

Balancing Act: Fed's Tenth Interest Rate Hike Amid...

Article by Washington Post | Published 05/03/23 | Comments (0)

The Federal Reserve is slated to raise interest rates for the 10th time in just over a year, as officials continue their fight against inflation amid growing fe...

   
 

McCarthy to Meet With Biden on Debt Ceiling

Article by Newsmax | Published 05/02/23 | Comments (0)

House Speaker Kevin McCarthy, R-Calif., will meet with President Joe Biden on May 9 to discuss raising the debt ceiling after Treasury Secretary Janet Yellen ...

   
 

First Republic Bank Seized, Sold To JPMorgan Chase

Article by AP | Published 05/01/23 | Comments (0)

Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off ...

   
 

Fed Report On Silicon Valley Bank Collapse Blames Misma...

Article by FOX Business | Published 04/28/23 | Comments (0)

The Federal Reserve released its assessment Friday of what led to Silicon Valley Bank's collapse, saying the lender's failure was due to a "textbook c...

   
 

Home Prices Rise, Reversing 7 Months of Declines

Article by Newsmax | Published 04/25/23 | Comments (0)

U.S. single-family home prices increased in February after seven straight monthly declines likely as a dip in mortgage rates at the start of the year fueled dem...

   
 

Gas Prices Fell Almost 5 Cents In Baltimore, New Survey...

Article by FOX45 | Published 04/24/23 | Comments (0)

 Gas prices in Baltimore have fallen 4.7 cents per gallon in the past week, averaging $3.55/g today, according to GasBuddy's survey. Prices in Baltim...

   
 

Bed Bath & Beyond Files For Bankruptcy Protection

Article by CNBC | Published 04/23/23 | Comments (0)

Bed Bath & Beyond on Sunday filed for Chapter 11 bankruptcy protection after a series of last-ditch efforts to raise enough equity to keep the business...

   
 

Consumer Agency: 250,000 Consumers' Data Breached

Article by Newsmax | Published 04/19/23 | Comments (0)

A former employee with the Consumer Financial Protection Bureau sent data on 250,000 consumer accounts to a personal email account, the Wall Street Journal ...

   
 

Moody’s Says The Main Factor In Downgrade Decisio...

Article by Times of Israel | Published 04/17/23 | Comments (0)

Moody’s Investors Service says that the key factor that drove its decision to lower Israel’s credit outlook was concern that the planned changes to the coun...

   
 

Assessment: Moody's will moderate the downgrade of...

Article by Arutz-7 | Published 04/14/23 | Comments (0)

Senior economic officials in Israel, who have been in contact with the credit rating company Moody's, believe that the company will lower Israel's cre...

   
 

$32M Owed To MD Taxpayers: 'Time Running Out'...

Article by Pikesville Patch | Published 04/14/23 | Comments (0)

Tax Day is less than a week away, but federal officials are spreading the word about another upcoming deadline for Marylanders who are owed another check from...

   
 

Baltimore Expects $4 Million Drop in Traffic Camera Rev...

Article by FOX45 | Published 04/08/23 | Comments (0)

 The city of Baltimore expects to bring in $4.4 million less in Fiscal Year 2024 than it did in fiscal year 2023 from its speed and red light cameras, ...

   
 

Investment Slows Down In The Start-up Nation

Article by i24 | Published 04/02/23 | Comments (0)

'As long as uncertainty about the future of democratic institutions in Israel persists, the industry will continue to be challenged' A new survey c...

   
 

Silicon Valley Bank Acquired, Offering An End To Bankin...

Article by i24 | Published 03/27/23 | Comments (0)

All deposits and loans will be sold to American family-owned bank, First Citizens An announcement was made that First Citizens will acquire Silicon Valley Ba...

   
 

Federal Reserve Hikes Interest Rate Despite Bank Turmoi...

Article by FOX45 | Published 03/23/23 | Comments (0)

The Federal Reserve raised interest rates for the ninth time to the highest levels for federal funds rates since 2007. This is a move to help curb inflation ami...

   
 

Watch: Shiurei Chag haPessach from Horav Michoel Sorotz...

Article by HaRav Michoel Sorotzkin | Published 03/19/23 | Comments (0)

...

   
 

Bank Failures Add To Uncertain Future For US Economy

Article by TND | Published 03/16/23 | Comments (0)

 The U.S. economy that has withstood aggressive interest rate hikes, an oil shock from the war in Ukraine, a labor shortage and stubborn inflation is still...

   
 

Credit Suisse's Internal Control Issues Cause Plun...

Article by FOX Business | Published 03/15/23 | Comments (0)

U.S. stock futures are down on Wednesday morning, with the Dow Jones Industrial Average futures falling more than 500 points, and S&P 500 and Nasdaq Compo...

   
 

Inflation Remains Stubbornly High with a 0.4% Increase ...

Article by FOX Business | Published 03/14/23 | Comments (0)

The Labor Department reported that inflation remained high in February, with the consumer price index rising 0.4% from the previous month and increasing 6% on...

   
 

How US And UK Aim To Limit The Consequences Of Silicon ...

Article by FOX45 | Published 03/13/23 | Comments (0)

Governments in the U.S. and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of California-based Silicon Valley Ba...

   
 

Regulators Close New York’s Signature Bank, Citin...

Article by CNBC | Published 03/12/23 | Comments (0)

U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution they shuttered after Silicon Valley Bank’s co...

   
 

Israeli SVB Branch Closes After Collapse, Dozens Laid O...

Article by JPost | Published 03/12/23 | Comments (0)

The Israeli branch of the Silicon Valley Bank has closed, N12 reported Sunday, with its approximately 40 employees stopping work.  A handful of employees ...

   
 

Finance Ministry Establishes Special Team To Face SVB C...

Article by Arutz-7 | Published 03/11/23 | Comments (0)

Following the collapse of the SVB bank in the United States and its possible impact on Israeli high-tech companies, Finance Minister Bezalel Smotrich ...