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Daily Archives: May 1, 2023
May, 2023
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1 May
Stocks making the biggest moves midday: FRC, JPM, GM, XOM
NEW YORK, NEW YORK – APRIL 24: A person walks past a First Republic bank branch in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank …
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1 May
Cash flow is the ‘hardest part’ of personal finance, advisors say
Nitat Termmee | Moment | Getty Images The following is an excerpt from “This week, your wallet,” a weekly audio show on Twitter produced by CNBC’s Personal Finance team. Listen to the latest episode here. Being a “master of cash flow” is a key element of household finance — and …
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1 May
On May Day, workers rally for better labour conditions
SEOUL: A large number of workers and activists globally marked May Day on Monday with rallies calling for higher salaries, reduced working hours and other better working conditions.May Day, which falls on May 1, is observed in many countries as a day to celebrate workers’ rights with rallies, marches and …
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1 May
‘This part of the crisis is over’
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, US, on Monday, March 6, 2023. Marco Bello | Bloomberg | Getty Images The crisis that led to the downfall …
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1 May
FRC, JPM, SOFI & more
A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters Check out the companies making headlines before the bell: First Republic Bank, JPMorgan Chase — First Republic shares were halted during premarket trading after falling …
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1 May
Recep Tayyip Erdogan says Turkish forces killed IS chief in Syria
ANKARA, Turkey: Turkish forces have killed the leader of the Islamic State group during an operation in Syria, Turkish President Recep Tayyip Erdogan said late Sunday.Recep Tayyip Erdogan told TRT Turk television in an interview that the IS leader, code-named Abu Hussein al-Qurayshi, was killed in a strike conducted on …
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1 May
First Republic seized by California regulator, JPMorgan to assume all deposits
A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters The Californian financial regulator has taken possession of First Republic, resulting in the third failure of an American bank since March, after a last-ditch effort …
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1 May
China using WeChat, other means to shape public policy outcomes in Texas, Florida: Report
BEIJING: The Chinese Communist Party (CCP) is using the WeChat platform and other means to try and shape public policy outcomes in Texas and Florida, according to The Diplomat.Shortly after the Texas legislature convened for its annual session on January 10, Texas State Senator Lois Kolkhorst, introduced SB147, a bill …
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1 May
Sudan’s army agrees to extend truce for 72 hours
CAIRO: The Sudanese army said in a statement on Sunday that it had agreed to extend a truce with the paramilitary RSF for a period of 72 hours, starting from the end of the current ceasefire arrangement. The army said that although the rebels had intended to try to attack …