First Citizens enters agreement to buy Silicon Valley Bridge Bank, says FDIC

First Citizens BancShares Inc. has signed an agreement to assume all deposits and loans of the failed Silicon Valley Bridge Bank from the Federal Deposit Insurance Corp. (FDIC), the regulator announced Monday. Starting Monday, the 17 former branches of Silicon Valley Bridge Bank, National Association, will open as First Citizens FCNCA, -1.11%, the FDIC said. … Read more

Where to put cash amid bank jitters? The same rules apply, financial advisers say

Rising interest rates and stock market volatility over the past year have added extra appeal to high-yield savings accounts and certificates of deposit offered by banks. Then came the stunning failure of Silicon Valley Bank, the closing of Signature Bank and the series of regional banks under pressure, all in a matter of days. Depositors … Read more

Seriously, What’s Next? | Seeking Alpha

Parradee Kietsirikul/iStock via Getty Images Since late 2022, our message has been consistent: Survive the first quarter. Unfortunately, we will barely survive. WTI fell below the critical support range of $69-71 today, putting it within striking distance of the next support level of $61-63. The reality is this the macro situation at the moment with … Read more

Bond yields slip ahead of key jobs report

Bond yields fell on Friday ahead of key jobs data that could determine the size of the Federal Reserve’s interest rate hike in two weeks. What is happening The 2-year Treasury yield TMUBMUSD02Y, 4.822% it was 4.85%, down 2.9 basis points. Yields move in the opposite direction to prices. The 10-year Treasury yield TMUBMUSD10Y, 3.852% … Read more

‘I will work until I die’: I’m 74, have little money saved and battle medical issues. ‘I want to retire so I can have a few years to enjoy life.’

Dear MarketWatch, Thank you for putting my sad situation in your column. I have somehow failed, not taking care of myself. I have spent my money on helping my family and have never been able to save anything. The two episodes of cancers depressed me quite a bit. I am 74 years old and I … Read more

‘And then 2022 happened’: I borrowed $500,000 from friends and family to invest in the stock market, foolishly promising a 10% return. Can I avoid legal action?

I am a budding futures/options trader with my own sole proprietorship investment business. Going into 2022, I received a huge cash infusion of $500,000 from friends and family under the guise of a promise I made to issue a 10% return on their money. This promise was made through a signed promissory note, and the … Read more