US banks move to reduce deposits, the Spac bu...

Andy Burnham enters No 10 today as prime minister, the US continued trading fire with Iran over the weekend, and Morgan Stanley has become Wall Street's top bank for AI debt deals. Plus, Germany’s chancellor Friedrich Merz is pitching his country to investors as “Europe’s bedrock ...  Show more

The US celebrated its 250th anniversary this month during a very politically divided era. The FT’s Sonja Hutson went to a block party on Bethlehem, Pennsylvania’s main street to ask locals what they think it means to be an American in 2026. Do they feel like the country shares a ...  Show more

Last week Fitch downgraded the sovereign debt rating for the United States. And late Monday, Moody’s downgraded the ratings of several US banks. Moody’s took action on 27 banks, including downgrading the credit ratings of 10 and putting others under review or giving their rati ...

Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ...  Show more

Stock index futures slump as concerns on health of regional banks rattle sentiments. (00:23) Novo Nordisk (NVO), Eli Lilly (LLY) slide after Trump pledges 'much lower' Ozempic price. (01:46) Ford (F) to recall nearly 625K vehicles over camera display, seatbelt issues. (02:32) Epi ...  Show more

Stocks fall; Alphabet says ad revenue declines; First Republic Bank loses over $100B in deposits; GM says consumer demand will stay strong To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. ...  Show more