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Fed’s Barr Says Silicon Valley Bank Failed Because It Didn’t Address Clear Risks
Business

Fed’s Barr Says Silicon Valley Bank Failed Because It Didn’t Address Clear Risks

Markets Financial Regulation Officials say agencies are preparing reports on recent bank failures Source link

The Jobs Most Exposed to ChatGPT
Business

The Jobs Most Exposed to ChatGPT

Accountants are among the professionals whose careers are most exposed to the capabilities of generative artificial intelligence, according to a new study. The researchers found

Russia’s Economy Is Starting to Come Undone
Business

Russia’s Economy Is Starting to Come Undone

MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those

Home Prices Fall for Seventh Straight Month
Business

Home Prices Fall for Seventh Straight Month

The Case-Shiller index dropped 0.2% in January compared with December, as increased mortgage rates continued to slow the housing market. Source link

FTX Founder Sam Bankman-Fried Faces New Criminal Charge
Finances

FTX Founder Sam Bankman-Fried Faces New Criminal Charge

The fresh indictment alleges violation of law prohibiting bribes of foreign officials. Source link

Carnival Forecasts Another Loss This Year as Cruise Costs Rise
Business

Carnival Forecasts Another Loss This Year as Cruise Costs Rise

Business Earnings Projected loss comes as Royal Caribbean, Norwegian Cruise expect to post profits this year Source link

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars
Business

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars

Politics Move aims at China’s supply-chain dominance and Japan meeting requirements on EV subsidies in the U.S. Source link

CNN Finalizing Deal to Add Gayle King
Business

CNN Finalizing Deal to Add Gayle King

Basketball commentator Charles Barkley also in the mix as a potential host. Source link

Drug Middlemen Accused of Price Fixing by Ohio Attorney General
Business

Drug Middlemen Accused of Price Fixing by Ohio Attorney General

The state’s lawsuit alleged certain pharmacy-benefit managers shared drug pricing and other information to gain leverage during rebate negotiations with pharmaceutical companies. Source link

Carnival's Ship Will Come In Eventually
Finances

Carnival's Ship Will Come In Eventually

The leading cruise line’s recovery is delayed amid a mountain of debt, but it has a path to profitability. Source link