The problems that triggered SVB Financial Group Inc.’s death spiral were hiding in plain sight in the firm’s earnings reports. That’s according to short seller William C. Martin, who warned his Twitter followers about the balance-sheet issues for almost two…
Mark Cuban wants the Fed to buy Silicon Valley Bank’s debt, pronto. Not doing so, he believes, will shake confidence in the financial sector—and hurt tech startups and their employees. On Friday, the bank failed following a bank run that…
The idea of a four-day workweek is gaining steam in economies like those of the U.S. and the U.K., as studies report shorter working hours lead to lower burnout and improved employee retention without hurting productivity. But South Korea is…
Artificial intelligence is moving at warp speed, and it’s creating new jobs for workers across industries. One such job could end up becoming much more commonplace—and extremely lucrative. San Francisco–based A.I. startup firm Anthropic has posted a listing for a…
For 124 consecutive months, spanning from the bottom of the housing crash in February 2012 through the top of the Pandemic Housing Boom in June 2022, national home prices as measured by the seasonally adjusted Case-Shiller National Home Price Index rose on…
It’s looking like 2008 for some investors in the private markets. Venture investors and tech founders are in “sheer panic” after Silicon Valley Bank, a prolific lender and important banking institution for the sector, said that it was taking steps,…
People just like working from home on Mondays—everyone knows it. But one insurance company CEO is sounding the alarm over seeing more traffic in the middle of the week, shrinking the number of days employees get face-time during trading, an…
Ken Langone thinks the Fed messed up and millions of Americans will have to pay the price. The billionaire investor and Home Depot cofounder describes inflation (which came in at 6.4% higher than a year ago in January, the latest…
An African serval cat that was found with cocaine in its system after an escape at a traffic stop now calls the Cincinnati Zoo home, much to the delight of social media users still amused by the recent release of…
The House voted unanimously on Friday to declassify U.S. intelligence information about the origins of COVID-19, a sweeping show of bipartisan support near the third anniversary of the start of the deadly pandemic. The 419-0 vote was final approval of the bill,…