FDIC: PR-23-2023 3/26/2023

FDIC: PR-23-2023 3/26/2023

for publication WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) has entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, with First-Citizens Bank & Trust Company, Raleigh, North Carolina. 17 former branches of Silicon Valley Bridge Bank, National Association, will open…

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Dow rises 650 points as stock market pulls back

Wall Street bounced back on Friday after a week of few optimistic economic signals. The Dow Jones industrial average closed up 654 points, or 1.6 percent, at 40,589, paring steep losses from two days earlier. The broader S&P 500 rose 1.1 percent to end at 5,459, while the tech-heavy Nasdaq Composite Index rose 1 percent…

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CNN EXCLUSIVE: Pence’s classified documents include briefing notes on foreign trips

CNN EXCLUSIVE: Pence’s classified documents include briefing notes on foreign trips

Washington CNN — The Approximately 12 classified documents The discovery at former Vice President Mike Pence’s Indiana home includes materials described as background briefing notes prepared for Pence’s foreign trips, multiple sources told CNN. A source said some of those classified documents may have been used to prepare Pence for foreign meetings while he was…

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Warren Buffett made mistakes in handling bank failures, US, cheers over Berkshire

Warren Buffett made mistakes in handling bank failures, US, cheers over Berkshire

OMAHA, Nebraska, May 6 (Reuters) – Warren Buffett on Saturday criticized his handling of recent turmoil in the banking sector and said the debt ceiling conflict could bring “turmoil” to the financial system. America and its conglomerate Berkshire Hathaway Inc (BRKa.N). Speaking at Berkshire’s annual shareholder meeting, Buffett criticized how politicians, regulators and the press…

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Live updates: Russia’s war in Ukraine

Live updates: Russia’s war in Ukraine

Ukraine’s Security Service (SBU) has neutralized more than 4,500 cyber attacks in the country this year, an official said on Monday. Ilya Vitiuk, head of the SBU cyber security department, said in a statement that Ukraine “enters 2022 with eight years of hybrid warfare experience,” adding, “At the time of the invasion, we were already…

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