First Citizens BancShares will buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday, just over two weeks after the biggest U.S. banking collapse since the global financial crisis. First Citizens shares jumped more than 45% during Monday morning trading on Wall Street. The dealContinue Reading
A woman is getting a Covid-19 test at a Covid-19 mobile testing site at the Times Square in New York City, United States on Dec 6, 2021. Tayfun Coskun | Anadolu Agency | Getty Images The Centers for Disease Control and Prevention on Friday said the first-known case of omicronContinue Reading
BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images When a marriage or an engagement fails, it’s commonContinue Reading
U.S. stock index futures dipped early Thursday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought. Futures contracts tied to the Dow Jones Industrial Average slid 148 points, or 0.4%. S&P 500Continue Reading
People wearing protective face masks walk past the closed Nike store on 5th Avenue, during the outbreak of the coronavirus disease (COVID-19), in New York City, May 11, 2020. Mike Segar | Reuters Nike easily beat Wall Street’s expectations for its holiday quarter earnings and revenue, though its bloated inventoryContinue Reading
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images GameStop shares fell about 4% in extended trading on Wednesday, after the video game retailer reported that its lossesContinue Reading
A syringe is filled with a dose of Pfizer’s coronavirus disease (COVID-19) vaccine at a pop-up community vaccination center at the Gateway World Christian Center in Valley Stream, New York, U.S., February 23, 2021. Brendan McDermid | Reuters Pfizer CEO Albert Bourla said Wednesday that people might need a fourthContinue Reading
Three doses of Pfizer and BioNTech‘s vaccine provide a high level of protection against the omicron variant of the virus that causes Covid-19, the companies announced Wednesday. A booster shot of the vaccine increases antibody protection 25-fold compared with the initial two-dose series, according to a preliminary lab study. AContinue Reading
Nurse Mary Ezzat administers a Pfizer COVID-19 booster shot to Jessica M. at UCI Medical Center in Orange, CA, on Thursday, August 19, 2021. Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images South African scientists say the Covid omicron variant significantly reduces antibodies generated by PfizerContinue Reading
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Famed investor Carl Icahn believes the U.S. economy is in trouble because of poor corporate leadership and stubbornly high inflation. “The system is breaking down, and we absolutely have a majorContinue Reading