A group of Wall Street banks have been fined $549 million for using WhatsApp and other messaging apps to discuss business

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US tech stocks have run their course for now – and face a 20% to 40% correction, veteran trader says

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Stock Trader
A stock trader.

Photo by TIMOTHY A. CLARY/AFP via Getty Images)

A top investor in Charles Schwab sold its entire $1.4 billion stake as the brokerage fell victim to the banking turmoil

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Charles Schwab
A Charles Schwab branch in New York City.

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There's no reason for the US to fall into recession unless the Fed messes up, Mohamed El-Erian says

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mohamed el-erian
Mohamed El-Erian.

REUTERS/Jason Reed

There's no clear sign of a US credit crunch yet, a top Fed official says

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A car drives in front of the Federal Reserve building
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.

Patrick Semansky/AP Photo

Bitcoin's 'watershed moment' is here, thanks to the banking turmoil. Here's why the biggest cryptocurrency is enjoying its best quarter in 2 years amid financial turbulence.

Tech Insider : Crypto
Blue bitcoin
Bitcoin has risen nearly 40% since early March when SVB collapsed.

Yuichiro Chino

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

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larry summers
Harvard University President Emeritus Larry Summers.

REUTERS/Jonathan Ernst

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