CNBC’s Jim Cramer on Friday reviewed earnings reports from top banks that reported this week, saying he’s impressed with all them, but especially Wells Fargo and Goldman Sachs. He said investors would have benefitted from owning all of these names this week and praised the industry as a whole. “Despite

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Three months before the sudden collapse of Silicon Valley Bank under the weight of bad risk management, executives made what in hindsight would appear to be a curious move.  The bank, at a time when it was in extreme financial distress, made a $300 million dividend payment to its parent company,

By   Ebrima Santos Sanneh January 17, 2025, 8:44 p.m. EST 1 Min Read Nathan Howard/Bloomberg Pulaski Savings Bank, a $49.5 million asset Chicago-based community bank, was shut down Friday by the Illinois Department of Financial and Professional Regulation.  The Federal Deposit Insurance Corp. was appointed as the receiver and

Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year]   ALEXANDRIA, Va. (AP) — A former CIA analyst pleaded guilty Friday to leaking information on a planned Israeli attack on Iran. Asif Rahman, 34, was arrested by the FBI in November weeks after classified documents appeared on the Telegram messaging app. He

An Australian social media influencer was arrested on Thursday and accused of poisoning and torturing a 1-year-old girl in order to receive thousands of dollars in donations from her followers. The 34-year-old woman from the Sunshine Coast region was unnamed, but Queensland police say that between Aug. 6 and Oct.

As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US tariffs, the currency faces an additional downdraft: a flood of money looking to invest overseas. China’s capital account, which tracks flows of capital in and out of the