US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin

The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.

Amazon to cut 9,000 more jobs amid 'uncertain economy'

Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.

Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse

A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.

Gas prices hold steady despite market turmoil: AAA

The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.

Parent of Silicon Valley Bank seeks bankruptcy protection

The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.

First Republic receives $30-billion rescue from 11 large banks

Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.

Aaron Rodgers Jets memorabilia would shake up collectors market

Aaron Rodgers on Wednesday said it's his "intention" to play for the New York Jets, a move that would hake up the collectors market.