Business

Business

Silicon Valley Bank shut down by regulators

SlateStone Wealth chief market strategist Kenny Polcari analyzes the SVB meltdown, arguing banking stocks got ‘slaughtered,’ but contagion fears are ‘way overdone.’ The Federal Deposit Insurance Corporation (FDIC) says it has seized control of Silicon Valley Bank (SVB), confirming the lender was shut down by California regulators amid a run …

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TikTok reportedly hires communication firm with connections to Biden

NetChoice VP and general counsel Carl Szabo discusses whether a TikTok ban violates the First Amendment after the FBI’s Christopher Wray warned against the social media platform’s influence on ‘Varney & Co.’ TikTok has hired a corporate and political consulting firm that worked for President Biden’s campaign in 2020, according …

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