Page 3 - Claman Countdown News Today

Nouriel Dr. Doom Roubini warns banking crisis could spread globally, Roubini Macro Associates CEO Nouriel Roubini discusses the state of U.S. banking, telling The Claman Countdown many regional banks are insolvent right now,

A lawsuit has been filed citing the auditor and underwriters concerning the collapse of Silicon Valley Bank. The complaint was filed Friday in a San Francisco federal court.

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Apple said some users may be affected by a temporary outage with its Weather app Tuesday morning. The app hasn't been loading weather information for many areas.

Certain corporate Apple employees will have their upcoming bonuses postponed until later in the year, Bloomberg reported on Tuesday. The tech giant is reportedly curbing some hiring as well.

For the first time since 2017, Goldman Sachs has initiated first Buy on Apple since 2017 after saying shares could climb as high as 36% in 2023.

The Biden administration is making funds available under the CHIPS Act, and companies will be more likely to get funding if they refrain from stock buybacks.

The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.

Commerce Secretary Gina Raimondo has outlined further details of the implementation of the Chips Act, which will include government sharing in excess profits and DOD priority.

IPhone users experiencing slower than normal charge times discovered a Clean Energy Charging mode on their phones that only pulls energy when from clean sources