ECONOMY
HOT TOPICS
MORE STORIES
ECONOMY11 DAYS AGO
US company axes another 10,000 jobs in new round of cuts
Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company's "year of efficiency" as the US tech sector continues to downsize.
Zuckerberg
ECONOMY11 DAYS AGO
Collapse of US banks rattle global financial institutions
The collapse of American banks has triggered drastic movement in bank shares as investors fear contagion in financial institutions despite assurances from Biden.
a
ECONOMY11 DAYS AGO
Fmr. US Treasury official: Five US banks may collapse, lose twice world GDP
A former US Treasury official warns that the American banking system is not safe and the collapse of the five largest US banks can incur losses twice as much as the world's GDP.
SVB
ECONOMY12 DAYS AGO
Biden alleges banking system 'safe' after SVB collapse, vows stiffer bank regulations
"No losses will be borne by the taxpayers," the US president has said.
US
ECONOMY12 DAYS AGO
US Signature Bank collapses after SVB as banking crisis spreads
US regulators close down New York-based Signature Bank, a big lender in the country's crypto industry, in a desperate attempt to backstop the banking crisis and quell concerns among customers about the safety of their deposits.
a
ECONOMY13 DAYS AGO
US Treasury secretary rules out Silicon Valley Bank bailout
US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial "contagion" from the implosion of the Silicon Valley Bank but ruled out a bailout of the institution.
photo
ECONOMY13 DAYS AGO
US Silicon Valley Bank collapse could wipe out 'a generation of startups'
The collapse of the Silicon Valley Bank (SVB) leaves startups re-questioning their future as the crash sends jolts across the global financial markets.
    Press TV News Roku