Lawrence Summer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

two banks. both with deep ties to the tech industry. the collapse of fat silicon valley bank in the bay area and signature bank here in new york shook customers and investors alike. the question was, and really still as, what it also threaten the broader market in the banking system so so far, the answer appears to be no. markets largely held steady, closing the day mix shares in regional banks amongst the ones that failed to take a beating. joining shortly, lawrence summer, who actually predicted the current high insulation to walk us through the coming days and weeks and what he th...

Two banks. both with deep ties to the tech industry. the collapse of fat silicon valley bank in the bay area and signature bank here in new york shook customers and investors alike. the question was, and really still as, what it also threaten the broader market in the banking system so so far, the answer appears to be no. markets largely held steady, closing the day mix shares in regional banks amongst the ones that failed to take a beating. joining shortly, lawrence summer, who actually predicted the current high insulation to walk us through the coming days and weeks and what he thinks about...

Pound hits record low versus dollar, markets drop on recession fears

British currency also fell to 2-year low against euro, after new finance minister Kwarteng announced controversial mini-budget; observers warn it could hit parity with US currency

HONG KONG: The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.The selloff came as most equity markets...