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Tag: Federal Reserve System

  • Not everyone is happy that UBS is buying Credit Suisse

    A construction site security guard outside a bank branch of Credit Suisse Group AG in Bern, Switzerland, on Monday, March 20, 2023. Stefan Wermuth | Bloomberg | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open brings investors up to speed with everything they need […]

  • Federal Reserve criticized for missing red flags before SVB collapse

    WASHINGTON (AP) — The Federal Reserve is facing sharp criticism for overlooking clear signs, according to observers, that Silicon Valley Bank was at high risk of plunging into the second-biggest bank failure in U.S. history.. Critics point to many red flags around the bank, including the rapid growth since the pandemic, the unusually high level […]

  • Why you should buy everything with credit cards

    Having multiple credit cards and playing the rewards game can save you hundreds of dollars each year — if you’re smart about how you use the cards. “The big fork in the road is whether or not you carry a balance,” says Ted Rossman, senior analyst at Bankrate.com and Creditcards.com. “I think you should use […]

  • What Silicon Valley Bank means for markets

    People line up outside the closed headquarters of the Silicon Valley Bank (SVB) on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open brings investors up to speed with everything they need to know, wherever […]

  • How Much You Need to Save to Earn $70,000 a Year in Retirement Interest

    While the thought of adequately funding your retirement may be daunting, if you start planning now, you’ll be thankful later. It may also not be as difficult as you think. Retirement usually involves replacing your one-time annual salary from a workplace with other sources of income to maintain your current lifestyle. While Social Security may […]

  • Nasdaq skyrocketed last week. But the technology may be in trouble

    The Google New York office on February 2, 2023. Ed Jones | Afp | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open brings investors up to speed with everything they need to know, wherever they are. Do you like what you see? You can […]

  • The economy could be OK with inflation above 2%

    United States Federal Reserve Building, Washington DC Lance Nelson | The Image Bank | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open brings investors up to speed with everything they need to know, wherever they are. Do you like what you see? You can […]

  • The economy could be OK with inflation above 2%

    The Marriner S. Eccles Federal Reserve Building in Washington, DC Stephanie Reynolds | Bloomberg Creative Photos | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open brings investors up to speed with everything they need to know, wherever they are. Do you like what you […]