Business

PacWest falls more than 20% as regional bank stocks slide to new lows

Regional bank stocks fell sharply Tuesday as the fallout from the ...

With car repossessions and home foreclosures rising, some Americans are living on a financial cliff

Karen LeSage needs her car. A 57-year-old single mother living in ...

Federal Reserve confronts ‘contradictory’ economy today as it considers next interest rate hike

High prices. High interest rates. Slowing growth. It would all seem ...

First Republic is seized by the FDIC and sold to JPMorgan

First Republic Bank has been taken over by federal regulators and ...

Backlash against AI supermodels triggers wider fears in fashion workforce

Plans by Levi’s to test out virtual clothing models generated by ...

Thousands of SVB staffers to receive $25 million in payroll stuck in stock purchase program

About 4,000 employees of Silicon Valley Bank are set to receive ...

Disney sues Florida Gov. Ron DeSantis over control of self-governing district

The Walt Disney Co. on Wednesday filed a lawsuit in federal ...

GM to end production of electric Chevy Bolt, its first mass-market EV, this year

DETROIT — General Motors plans to end production of its electric Chevrolet Bolt ...

First Republic’s stock sinks as analysts monitor banking sector stress, despite some improvements

First Republic Bank’s stock nearly halved in value Tuesday, a day ...

First Republic bank says deposits tumbled 40% to $104.5 billion in the first quarter

Troubled regional bank First Republic said Monday that its deposits fell 40.8% to ...