What We're Reading: Page 76
Industry reads hand-picked by our editors
Mar 22, 2023
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The New York Times
Strains Emerge Inside the Union That Beat Amazon
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Barron’s
Yellen Says U.S. May Intervene Again to Protect Banking System
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Bloomberg
US Home Resales Jump by Most Since 2020, Ending Year-Long Slide
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The Wall Street Journal
Banking Turmoil Tests the American Consumer
Mar 21, 2023
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The New York Times
Why More Deals Are Likely After the Fall of Credit Suisse
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Barron’s
Jerome Powell Has ‘Failed,’ Should Not Be Fed Chairman, Says Sen. Elizabeth Warren
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Bloomberg
New Starbucks CEO Takes Reins Early From Howard Schultz
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The Wall Street Journal
Global Bank Shares Pare Losses After Credit Suisse Deal
Mar 20, 2023
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The New York Times
The Fed is shedding billions in assets, making conditions tighter for home buyers and investors, our columnist says.
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Reuters
FedEx jumps after lifting profit view amid pressure on e-commerce parcel volume
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Bloomberg
The Fed Was Too Late on SVB Even Though It Saw Problem After Problem
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The Wall Street Journal
SVB Financial Files for Chapter 11 Bankruptcy Protection
Mar 17, 2023
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Reuters
U.S. FTC asks social media, video streaming firms info on misleading ads
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Barron’s
Yellen Says U.S. Banking System Is ‘Sound’ as Regionals Selloff Continues
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Bloomberg
First Republic Gets $30 Billion of Bank Deposits in Rescue
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The CFO Journal
PG&E Appoints CFO as Utility Aims to Reduce Wildfire Risk
Mar 16, 2023
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Barron’s
Don’t Bet on a Fed Pause. Why a Rate Hike Is Still Likely.
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The CFO Journal
Costco Gets a Boost as Impact of Last-In, First-Out Accounting Fades
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Bloomberg
Swiss National Bank to Provide Credit Suisse Liquidity If Necessary
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Reuters
BlackRock CEO Fink warns of financial risks, persistent inflation
Mar 15, 2023
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Reuters
Meta to cut 10,000 jobs in second round of layoffs
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Barron’s
Inflation Is Slowing Down. It’s a Positive for the Fed.
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Bloomberg
Transcript: Dan Davies On What Brought Down Silicon Valley Bank
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The Wall Street Journal
Collapse of Silicon Valley Bank, Signature Bank Calls Fed Interest Rate Path Into Question
Mar 14, 2023
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CNBC
Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify
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Bloomberg
Fed’s New Backstop Shields Banks From $300 Billion of Losses
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Banking Crisis Calls Fed Interest-Rate Path Into Question
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Legal Dive
SVB had no risk chief through much of 2022, proxy statement shows
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