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Financial crisis

Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

by Adrian Jhonsan
Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m …

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Categories World

Big Short’s Steve Eisman worries investors are too bullish in 2024

by Adrian Jhonsan
Big Short’s Steve Eisman worries investors are too bullish in 2024

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding …

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Psychology of Money author Housel gives advice to scared investors

by Adrian Jhonsan
Psychology of Money author Housel gives advice to scared investors

The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing how inevitable it is makes it more palatable to deal …

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Laos is spiraling toward a debt crisis as China looms large

by Adrian Jhonsan
Laos is spiraling toward a debt crisis as China looms large

A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in …

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UAW wins back Obama-era concessions from financial crisis, as strike nears end

by Ev Richard
UAW wins back Obama-era concessions from financial crisis, as strike nears end

The United Auto Workers (UAW) union has won back several concessions it made to three major automakers in the wake of the 2007-2008 financial crisis, after reaching tentative agreements with …

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Categories Technology

I lost my wallet this weekend—3 steps I took to protect my finances

by Adrian Jhonsan
I lost my wallet this weekend—3 steps I took to protect my finances

I’m usually your source for all things health and wellness — like how to get better sleep and live longer — but this is a money story I just had …

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Categories World

Bond yield jump is not death to equities: BofA’s Savita Subramanian

by Adrian Jhonsan
Bond yield jump is not death to equities: BofA’s Savita Subramanian

The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a …

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What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World

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