Money

May 03May 03
PacWest Bank shares fall more than 50% on report that it could be the next regional bank to collapse
- California
- Money
Shares of PacWest Bank were cut in half in after-hours trading after Bloomberg reported that the regional bank swept up in the recent crisis is exploring strategic options, including a sale.

Ceci Partridge
May 03May 03
What to do with your credit card debt now that the Fed raised rates again
- Money
But if you carry a balance, and especially if you only pay the minimum amount due, you will be shelling out more dollars every month just for interest, and it will take you longer to pay off what you owe.

Ceci Partridge
April 26April 26
Changes are coming to some mortgage fees next month
- Money
Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership more affordable for more people. Broadly, the fees will go down for many with lower credit scores and will increase for many with higher credit scores.

Ceci Partridge
April 26April 26
First Republic may not survive, even after two multibillion-dollar bailouts
First Republic Bank is in a fight for its survival. The past few weeks have been brutal for the San Francisco-based lender. Now, some analysts say a collapse of the bank is imminent.

Ceci Partridge
January 13January 13
Treasury secretary warns ‘extraordinary measures’ needed to keep US from defaulting on debt as soon as next week
- Money
- National
The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House.

Ceci Partridge
January 12January 12
US deficit widens by $85 billion in December
- Money
- National
The government, which runs on a fiscal year that starts in October, is running a deficit of $421.41 billion for its fiscal first quarter of 2023, a 12% increase from the fiscal first quarter of 2022, Treasury data shows.

Ceci Partridge
January 03January 03
Mega Millions jackpot soars to $785 million for Tuesday night’s drawing. These are your odds of winning
- Money
If your New Year’s goals include buying 2,616 castles or 1,520 high-end Ferraris for you and your closest friends, Tuesday’s Mega Millions jackpot could make your dreams a reality.

Ceci Partridge
December 19December 19
FTX founder Sam Bankman-Fried will agree to be extradited to the US
- Money
Bankman-Fried, the 30-year-old former crypto celebrity, was arrested a week ago at his luxury residence in the Bahamas. Federal prosecutors in New York charged him with eight counts of wire fraud and conspiracy charges, alleging he defrauded customers and investors in FTX, the cryptocurrency exchange he founded in 2019.

Ceci Partridge

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