New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the FDIC said late Sunday.
Category Archives: business
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
ns together.
Banking industry under pressure after Silicon Valley Bank collapse
Silicon Valley Bank’s collapse set off a domino effect across the banking industry with other banks needing to be bailed out. The turmoil has led to growing concerns among customers who want to know how safe their money is. CNBC’s Brian Cheung reports in this week’s Sunday Focus.
Navajo Nation’s quest for water and justice arrives at the Supreme Court
The Navajo Nation goes before the Supreme Court in a water rights case it says is about ending nearly two centuries of injustice.
How Midwest roots shaped Ron DeSantis' political values and perspective
Florida Gov. Ron DeSantis has never lived in Youngstown, Ohio. But this corner of the Midwest has shaped him, since it’s where his family has its roots.
Manhattan D.A. says attempts to intimidate office won’t be tolerated after Trump’s call for protests
Manhattan District Attorney Alvin Bragg sought to reassure his staff in an internal message Saturday that intimidation or threats against them would not be tolerated.
Putin is a wanted man — a trial isn't imminent, but the world is closing in
It’s unlikely that Russian President Vladimir Putin will face arrest soon after the International Criminal Court issued an arrest warrant related to war crimes for him, but the former KGB agent’s world shrank significantly after the Friday announcement.
Utah is flush with snow and money. It might not be enough to save the Great Salt Lake.
With Utah in drought and the Great Salt Lake shriveling, Gov.
Shrinking savings and rising debt leave consumers on shaky financial footing
U.S. households have been whittling down their savings and taking on increasing amounts of debt, putting many in a weaker position to weather economic downturn.
9 Republicans pull support from South Carolina bill allowing the death penalty for abortion
Nine South Carolina Republicans who had co-sponsored a bill that could penalize abortion with the death penalty have pulled their support.