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Polar Plunge

Polar Plunge

  • Sam D. Tang
  • Updated Dec 12, 2024
Who will end up paying for the banking crisis: You
Consumer Watch

Who will end up paying for the banking crisis: You

  • Al Drago/Bloomberg/Getty Images
  • Updated May 9, 2023

FDIC spent about $23 billion to clean up the mess that Silicon Valley Bank and Signature Bank left in the wake of their collapses earlier this month.

JPMorgan Chase reports record revenue
Consumer Watch

JPMorgan Chase reports record revenue

  • Angus Mordant/Bloomberg/Getty Images
  • Updated May 9, 2023

JPMorgan Chase on April 14 reported first-quarter profit and revenue that roundly beat expectations.

Blackstone is the latest victim of the weakening commercial real estate market
Consumer Watch

Blackstone is the latest victim of the weakening commercial real estate market

  • Michael Nagle/Bloomberg/Getty Images
  • Updated May 9, 2023

Pictured here is Blackstone headquarters in New York on April 20. Blackstone Inc.'s first-quarter profit fell as dealmaking at the world's lar…

HSBC's top shareholder calls for breakup, expressing 'deep concern'
Consumer Watch

HSBC's top shareholder calls for breakup, expressing 'deep concern'

  • Katherine Cheng/SOPA Images/LightRocket/Getty Images
  • Updated May 9, 2023

HSBC's top shareholder calls for the bank breakup. HSBC's Hong Kong headquarters are here photographed in September 2021.

UPS flashes a warning sign about the US economy
Consumer Watch

UPS flashes a warning sign about the US economy

  • Paul Frangipane/Bloomberg/Getty Images
  • Updated May 9, 2023

UPS says the US economy is slowing down. Delivery trucks are here parked outside a UPS hub in Brooklyn.

Lulu who? A cult brand takes on the booming culture of 'dupes'
Consumer Watch

Lulu who? A cult brand takes on the booming culture of 'dupes'

  • Stephanie Keith/Bloomberg/Getty Images
  • Updated May 9, 2023

Don鈥檛 want to spend $98 on lululemon leggings? There are many alternatives.

Where the jobs are: These are the industries that are hiring -- and firing
Consumer Watch

Where the jobs are: These are the industries that are hiring -- and firing

  • Bing Guan/Bloomberg/Getty Images
  • Updated May 9, 2023

A worker hands food to a drive-through customer at a Taco Bell restaurant in Elmont, New York on Tuesday.

Europe's banking stocks recover as SVB deal brings respite
National

Europe's banking stocks recover as SVB deal brings respite

  • Elijah Nouvelage/Bloomberg/Getty Images
  • Updated Mar 27, 2023

First Citizens Bank, pictured here, is buying most of the business of failed Silicon Valley Bank. European banking stocks rose Monday, boosted…

Meta rolls out paid verification option for Facebook and Instagram users in US
National

Meta rolls out paid verification option for Facebook and Instagram users in US

  • Natee Meepian/Adobe Stock
  • Updated Mar 17, 2023

Facebook and Instagram users in the United States will soon be able to pay to get a coveted blue check on their account.

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