Fed | iCloud.Info

Steve Forbes says the Fed's stubborn rate hikes are trashing the US economy

Fri, 03/24/2023 - 08:14

Tech Insider : Economy

Markets, MI Exclusive, Steve Forbes, US Economy and Markets, Inflation, Fed, economy

A key indicator says a recession is guaranteed in 2023 — and Bill Ackman, Nouriel Roubini, and others are warning of trouble ahead

Fri, 03/24/2023 - 06:40

Tech Insider

Happy Friday, team. I'm Phil Rosen — after a few days cruising the Caribbean (I even spent time in Sam Bankman-Fried's old stomping grounds) it's good to be back.

Markets, 10 things, 10 things opening bell, Newsletter, Fed, Federal Reserve, Inflation

The banking crisis risks severe spillover across the financial sector and beyond, Moody's says

Thu, 03/23/2023 - 13:48

Tech Insider

Silicon Valley Bank, Fed Chair Jerome Powell
John Brecher for The Washington Post via Getty Image, Anna Moneymaker/Getty Images

Markets, MI Exclusive, bank crisis, SVB, Silicon Valley Bank, Fed, Federal Reserve

Former Treasury Secretary Larry Summers says more rate hikes may be needed to kill inflation despite a banking crisis

Thu, 03/23/2023 - 06:16

Tech Insider

Markets, MI Exclusive, Larry Summers, Inflation, Fed, fed inflation, fed decision

Jeremy Siegel says the banking crisis has made him more optimistic about the US economy next year

Wed, 03/22/2023 - 09:16

Tech Insider

jeremy siegel point — Wharton professor Jeremy Siegel.
Getty Images

Markets, MI Exclusive, Stocks, Jeremy Siegel, Wharton professor Jeremy Siegel, Fed, fed decision

Cathie Wood says the Fed's rate hikes hit Ark's strategy like an 'earthquake' as the fund logs a $2 billion loss

Wed, 03/22/2023 - 06:58

Tech Insider

Markets, MI Exclusive, Cathie Wood, ARK, ARK Invest, Fed, Inflation

The Fed spotted red flags at Silicon Valley Bank years before it collapsed, report says

Mon, 03/20/2023 - 11:56

Tech Insider

SVB — Nikolas Liepins/Anadolu Agency via Getty Images

Markets, MI Exclusive, SVB, Silicon Valley Bank collapse, NYT, us banking crisis, Banking Crisis

Fed Chair Jerome Powell reportedly blocked a statement on regulatory flaws that led to SVB's collapse

Fri, 03/17/2023 - 13:32

Tech Insider

jerome powell — Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.
Alex Wong/Getty

Markets, MI Exclusive, Silicon Valley Bank collapse, SVB, Banking Crisis, Financial Crisis, Banking Regulation

Billionaire investor Bill Ackman says US banks depositing $30 billion into First Republic creates a 'false sense of confidence'

Fri, 03/17/2023 - 06:38

Tech Insider

Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. — Billionaire investor Bill Ackman calls for a temporary systemwide bank deposit guarantee immediately.
REUTERS/Mike Blake

News, finance, Markets, Silicon Valley Bank, SVB, Bank Run, First Republic

Banks borrowed a record $153 billion from the Fed as SVB's collapse rocked Wall Street

Fri, 03/17/2023 - 06:36

Tech Insider

Federal Reserve Building — In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.
Patrick Semansky/AP Photo

Markets, MI Exclusive, Steve Forbes, US Economy and Markets, Inflation, Fed, economy

Markets, 10 things, 10 things opening bell, Newsletter, Fed, Federal Reserve, Inflation

Markets, MI Exclusive, bank crisis, SVB, Silicon Valley Bank, Fed, Federal Reserve

Markets, MI Exclusive, Larry Summers, Inflation, Fed, fed inflation, fed decision

Markets, MI Exclusive, Stocks, Jeremy Siegel, Wharton professor Jeremy Siegel, Fed, fed decision

Markets, MI Exclusive, Cathie Wood, ARK, ARK Invest, Fed, Inflation

Markets, MI Exclusive, SVB, Silicon Valley Bank collapse, NYT, us banking crisis, Banking Crisis

Markets, MI Exclusive, Silicon Valley Bank collapse, SVB, Banking Crisis, Financial Crisis, Banking Regulation

News, finance, Markets, Silicon Valley Bank, SVB, Bank Run, First Republic

Markets, MI Exclusive, SVB, Silicon Valley Bank collapse, Wall Street, Fed, Lending