At one point, Credit Suisse shares lost more than a quarter of their value, hitting a record low.
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At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.
Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.
Friday’s report from the government made clear that the nation’s job market remains fundamentally healthy, with many employers still eager to hire.
Several Atlantic City casino dealers with cancer, and others who fear they may develop it, are asking New Jersey lawmakers to ban smoking in the state’s casinos.