Business

Oil prices climbed more than 1% on Friday after better-than-expected U.S. employment data, though both benchmarks fell more than 3% on the week on U.S. interest rate hike jitters. Brent...

The Federal Deposit Insurance Corporation seized the assets of Silicon Valley Bank on Friday, marking the largest bank failure since Washington Mutual during the height of the 2008 financial crisis....

A rapid fall in bank reserves held at the Federal Reserve, coinciding with an expected shortage of U.S. Treasury bills as the debt ceiling battle looms, has raised concerns from...

The U.S. Department Justice has appealed a court order approving Voyager Digital’s bankruptcy plan, creating a new hurdle for the crypto lender’s plan to sell its assets and transfer its...

This week, amid mounting worries about a looming recession that may have already begun, two banks in the United States collapsed.  Both banks served the technology industry—already heavily hit by...

It sets the standards for the world. Its fearsome negotiating power means it can get the best trade deals. And its Single Market is so huge that no one can...

Tech sector fallout is spilling into the banking industry, as investors gauge the odds of survival for Silicon Valley Bank, a major startup lender. Trading of the bank’s shares was...

The US economy added jobs at a solid clip in February, likely ensuring that the Federal Reserve will raise interest rates for longer, though wage inflation showed signs of cooling....

China reported unexpectedly strong credit growth for February, with money supply expanding at the fastest pace in nearly 7 years, as Beijing looks to support a nascent economic recovery amid...

Hyundai Motor says it is considering “various options” for its suspended factory in Russia, following a report that the South Korean automaker is discussing the plant’s sale to a Kazakhstan...