Stay updated with breaking news from Jake Dollarhide. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7XHFL5XRYRNX3G3LXHUKKZ2S2Y.jpg)
Apple's stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the iPhone maker's quarterly results cheered investors worried about a potential recession.
US shares dip after collapse of third regional bank, but experts say contagion to the UK is unlikely
Regional bank shares suffer double-digit losses despite JPMorgan Chase’s acquisition of troubled lender.
The renewed turmoil intensified pressure on the Federal Reserve, led by Jerome Powell (pictured) ahead of a decision on whether to hike rates.
Shares of PacWest Bancorp, Western Alliance Bank and KeyCorp plunged on Tuesday as the demise of First Republic Bank triggered investor concern about the financial health of other mid-sized lenders.