US Domestic Bank Deposits Drop For Second Straight Week On the heels of a major deposit outflow the week before, and a huge (record) money-market fund outflow last week, all eyes are back on the banks again on Friday evening to see if this 'flight' continues as Tax-Day drags cash away from its comfy-5%-earnings-spots. On a seasonally-adjusted basis, total US bank deposits declined for the second straight week (though only $2.4BN) after reaching back to pre-SVB levels Source:...
Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
By MIKE STOBBE AP Medical Writer NEW YORK (AP) — U.S. pregnancy-related deaths have fallen back to pre-pandemic levels, new government data suggests. About 680 women died last year during pregnancy or shortly after childbirth, according to provisional CDC data. That’s down from 817 deaths in 2022 and 1,205 in 2021, when it was the
New government data suggests U.S. pregnancy-related deaths have fallen back to pre-pandemic levels
“Power demand from data centers has already been humongous, then came the AI hype and the need for power skyrocketed."
US Bank Deposits Suffer Biggest Weekly Decline Since 9/11 As Tax Man Cometh It's that time of year again and US bank deposits sure showed it While money-market funds' total assets fell over $100BN, on a non-seasonally-adjusted (NSA) basis, total bank deposits crashed by a stunning $258BN as Tax-Day cometh. That is considerably more than the $152BN decline last year but less than the $336BN plunge in 2022 Source: Bloomberg This makes some sense though as the Treasury Cash...
No president can restore the soul of a country, much less a president with a godless, secular agenda.
Lancaster-based Fulton acquired Friday, Republic customers’ deposits are safe
Lancaster-based Fulton acquired Friday, Republic customers’ deposits are safe
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Fulton Bank, which […]
The lender is the first FDIC-insured institution to fail in the U.S. this year.
The lender is the first FDIC-insured institution to fail in the U.S. this year.