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Health

Study: These foods increase the risk of dementia — by a lot

ghee. hamburger. sausage. Store-bought pastries, cakes, and cookies. Oh, and soda — sugar or diet. They’re all bad and they all increase your risk of dementia — a lot. So reports to one of the largest and scariest studies ever conducted, involving nearly 60,000 people in their 40s, 50s and 60s. The study, which included […]

Business

Financial SVB files for Chapter 11 bankruptcy protection

The Silicon Valley bank’s parent company filed for bankruptcy, facilitating a sale of its remaining assets after federal regulators seized the technology-focused bank at the core of its business. SVB Financial Group filed for Chapter 11 protection Friday in New York bankruptcy court, the largest bankruptcy filing from a bank failure since Washington Mutual. a […]

Business

“We need to stop this now.” Supporting the First Republic spreads financial contagion, Ackman says.

And so we come to the end of another hectic week in the markets. CBOE VIX index VIX And A measure of stock volatility, it rose twice to 30 before falling again. The ICE BoAML MOVE Index, the VIX for the treasury market, has jumped to its highest levels since the Great Financial Crisis of […]

Business

Opinion: If troubled bank stocks look tempting right now, these buying tips can help you get your money

Bank stocks fall in wake of SVB failure SIVB and signature bank SBNY ), but there are good reasons to make this conflicting investment. First, federal regulators have made it clear that they will prop up banks on the brink of trouble due to the flight of depositors. The Fed will lend to banks for […]

Business

AMC stock falls after shareholders approve ‘APE’ conversion

The company said that, based on a preliminary count, shareholders voted to increase the authorization of the company’s stock and convert the units of AMC Preferred Stock (stock symbol: APE) into AMC common stock (AMC). APE units, which are one hundredth of a preferred stock, have the same voting power as common stock. APE units […]

Business

The FDIC is transferring all Silicon Valley bank deposits to a newly created bridge bank

The FDIC said Monday that it had transferred all deposits, insured and uninsured, from the former Silicon Valley bank to a newly created, full-service bridge bank operated by the FDIC in a measure that seeks to protect all of the bank’s depositors. The move comes after the regulator closed the bank and its 13 branches […]

Business

Opinion: The stock market is telling you loud and clear: Now is not the time to fight the Fed or stand up to the bears.

S&P 500 index SPX Resistance hit this week when the oversold rally near 4080 failed. This continues to support the notion that the index’s rally above 4100 in early February was a false break-up, and that the onus is on the bulls to prove otherwise. There was some optimism among stock investors early this week […]

Business

Bitcoin Crashes Silvergate Collapse Highlights Biggest Threat to Cryptocurrency

Welcome! Welcome back to Distributed Ledger. This is Frances Yu, MarketWatch crypto reporter. Major cryptocurrencies fell on Thursday after Silvergate Capital Corp SI . It said on Wednesday it intends to wind down operations and voluntarily liquidate its Silvergate Bank, a cryptocurrency-friendly lender, a week after the La Jolla, California company declared in a regulatory […]

Business

Bitcoin Crashes Silvergate Collapse Highlights Biggest Threat to Cryptocurrency

Business

Rivian shares drop after the EV startup announced plans to raise $1.3 billion

Electric Truck Startup Is Rivian Automotive into convertibles? Well, yes—but not the kind of convertible car buyers think of when they hear the word. Rivian (ticker symbol: RIVN) is raising more money. Investors are not very happy. On Monday evening, the electric vehicle manufacturer announced plans to raise about $1.3 billion in convertible green bonds […]