Financials News
Financials may not be the big player it once was, but this sector is still hugely important when it comes to a healthy economy – and a healthy portfolio.
List of Financials News
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Fed lent $300B in emergency funds to banks in the past week
Cash-short banks have borrowed about $300 billion in emergency funding from the Federal Reserve in the past week, the Fed announced
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Regulators monitor tritium leak at Minnesota nuclear plant
Minnesota regulators say they're monitoring the cleanup of a leak of 400,000 gallons of radioactive water from Xcel Energy’s Monticello nuclear...
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COVID-19 pill Paxlovid moves closer to full FDA approval
U.S. health advisersare backing the continued use of Pfizer’s COVID-19 pill Paxlovid, saying it remains an important option for adults at high risk...
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NY cannabis agencies sued by medical marijuana providers
A coalition that includes some of New York's medical marijuana companies is suing state cannabis regulators in an effort to open up licensing to...
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Microsoft adds AI tools to Office apps like Outlook, Word
Microsoft is infusing artificial intelligence tools into its Office software, including Word, Excel and Outlook emails
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Planes in Florida close call were cleared to use same runway
Federal investigators say an air traffic controller cleared one plane to land and another to take off from the same runway in Florida last month
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Biden climate legacy at stake after backlash over Willow
President Joe Biden has made fighting climate change a core part of his agenda
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Why TikTok's security risks keep raising fears
China is accusing the U.S. of spreading disinformation amid reports the Biden administration is calling for TikTok's Chinese owners to sell their...
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AP sources: Banks working on rescue plan for First Republic
A group of Wall Street banks is planning a rescue package of around $30 billion for First Republic Bank
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Bid opens to fire SC comptroller for $3.5B accounting error
South Carolina lawmakers have launched an effort to sack the comptroller general for a $3.5 billion accounting error that could affect the state's...
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Ex-Theranos exec set to begin prison sentence in SoCal
Former Theranos executive Ramesh ”“Sunny” Balwani is scheduled to begin his nearly 13-year prison sentence Thursday afternoon for a blood-testing...
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Nurses, paramedics reach pay deal to end England strikes
Leaders of unions representing hundreds of thousands of nurses, ambulance crews and other health care workers in England have reached a deal to...
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Kansas anti-ESG push slowed by debate over private investors
Republican lawmakers pushing to prevent Kansas from investing its funds using socially and environmentally conscious principles disagree about...
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California storms flood strawberry farms, others in valley
A potential casualty of the powerful rainstorms that drenched coastal California and flooded rivers is hundreds of acres of strawberries
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How French government's special power to impose a bill works
French President Emmanuel Macron has chosen to shun parliament and impose his unpopular pension reforms via a special constitutional power, the...
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Iranians facing economic crisis find little New Year's cheer
Iran's bazaars are packed ahead of the Persian New Year next week