US stocks inched lower in early trade on Tuesday, as the recent strains in the banking sector continued to ease.The blue-chip S&P 500 fell 0.2 per cent and the tech-heavy Nasdaq was 0.4 per cent lower.Bank stocks were steady, with the KBW Nasdaq Bank index…
In a dramatic development, FTX founder Sam Bankman-Fried is facing a new indictment for bribery, adding to the 12 charges he already faced. The former FTX CEO was arrested last year on charges of fraud, conspiracy, and trying to evade U.S. campaign laws. He was released on bond, with the terms of…
A top Democrat has accused US regulators of allowing Silicon Valley Bank and Signature Bank to “grow too big, too fast”, drawing parallels between the lenders’ collapse and the 2008 financial crisis in a congressional hearing on Tuesday.Sherrod Brown, the Democrat who chairs the powerful Senate banking committee, said: “We’re…
Artificial intelligence could automate up to a quarter of work in the U.S., a Goldman Sachs report says.Dowell | Moment | Getty ImagesAs artificial intelligence products like ChatGPT aim to become a part of our everyday lives and we learn more about how powerful they can be, there’s one thing…
Dillane: Clothing has always been my catalyst for meeting new people and creating new projects ever since I started out in high school, selling T-shirts out of the cafeteria. And the fact that I’m on this call with Usher—how cool is that?—just shows that that catalyst works. Vogue: Usher, how do…
Just like old times. Tom Brady reunited with his former Patriots teammates Rob Gronkowski, Julian Edelman, and Danny Amendola for a game of pickup football on the beach over the weekend. The retired quarterback took to Instagram on Tuesday with a series of photos from the group outing — which…
After confronting Zach Shallcross during the Monday, March 27, finale of The Bachelor, Ariel Frenkel is sharing more insight about her overnight date with the season 27 star. “He spoke first, he kind of set the precedent for the whole week and the whole evening, which is also what I…
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