Morning News: March 14, 2023

Japan Has a Low Risk of a Wage-Price Spiral and That’s a Mixed Blessing

Russia Built $80 Billion Offshore Cash Pile in Year of Sanctions

To Rein in China’s Banks, Xi Uses Familiar Playbook

Inflation Report Arrives as Fed Confronts Bank Failures

Regional Banks Slammed by Fear of a Broader Financial Crisis

Brainard Must Help Contain SVB Crisis She Warned Was Coming

Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

Collapse of Silicon Valley Bank, Signature Bank Calls Fed Interest Rate Path Into Question

KPMG Gave SVB, Signature Bank Clean Bill of Health Weeks Before Collapse

Too-Big-to-Fail Lenders Rake In Deposits After Three Banks Fail

Moody’s Puts First Republic, Five US Banks on Downgrade Watch

First Republic, PacWest Lead US Bank Rebound From Post-SVB Rout

Credit Suisse Finds ‘Material’ Control Lapses After SEC Prompt

Billionaire Charles Schwab’s Fortune Is Slammed by SVB Fallout

Free IRS TurboTax Competitor Is Closer After Biden Funding

Meta Winds Down Support for NFTs on Instagram and Facebook

Uber, Lyft Score Victory as California Court Affirms Right to Treat Drivers as Contractors

Pfizer Agrees to Buy Seagen for $43 Billion

Smithfield Foods CEO Defends Pork Producer’s Chinese Ownership

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Posted by on March 14th, 2023 at 7:00 am


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