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First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase

Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial […]







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Stress Builds as Office Building Owners and Lenders Haggle Over Debt

A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]




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Silicon Valley Bank’s Deep Ties to the Tech Industry

When Kleiner Perkins, one of Silicon Valley’s highest-profile venture capital firms, wanted to build a bridge between two of its office buildings around 2005, it decided to take out a […]




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Will the Fed Keep Tightening as Banks Fail?

Quantitative tightening is supposed to be boring. That’s by design.It doesn’t demand attention like a bank failure, emergency government rescue, wildly fluctuating interest rates or uncomfortably high inflation.But it is […]










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Low-Down-Payment Mortgages: Your 2023 Guide

Freddie Mac and Fannie Mae. They offer several low-down-payment options through lenders, both under their standard loan programs and those tailored to first-time buyers and lower- and middle-income households. Most […]




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Are the Federal Reserve’s Rate Increases Working?

Economists at Goldman Sachs estimate that the Fed’s preferred inflation gauge, stripping out food and fuel costs, will slow to 2.9 percent by next December from 5.1 percent today. That […]




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A New Source of Economic Anxiety in Britain: Soaring Mortgage Rates

In June 2021, Monique Foulger reached a major milestone: At 30 years old, she bought her first home, a modest one-bedroom flat in Croydon in South London.Barely a year and […]