Money

U.K. government reassures investors about bank stability

Published

3 years ago

March 22, 2023

Markets have been making headlines for all the wrong reasons recently

The stock markets have been making headlines for all of the wrong reasons recently but, thankfully, stocks around the world have bounced back.

Governments in the U.S. and U.K. have reassured investors about the stability of banks following a string of banking failures.

These failures were triggered by depositors rushing to withdraw money after anxiety over the banks’ financial health.

In the UK, the FTSE closed 1.79 per cent higher after gains in top bank shares.

Chancellor Jeremy Hunt told MPs Britain’s financial system is “fundamentally strong” after facing questions from Labour’s shadow chancellor Rachel Reeves.

Reeves asked whether the system is “adequate to protect taxpayers and depositors” and if the government can be confident that no other U.K. banks are vulnerable to failure after Silicon Valley Bank collapse.

There has also been further instability, with Credit Suisse having to be rescued by rival UBS.

But, while Hunt says the markets are unsettled, he is certain the U.K. financial system can ride the wave.

“We have a robust plan to deal with the globally significant banks that would cause a danger to our stability if they were allowed to fail,” he said.

“There are procedures in place and we haven’t yet had to test those procedures, even though one of those banks has been bought by another.”

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

2 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue

Money

S&P 500 and Nasdaq rally ahead of Fed meeting and earnings

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

Published

2 days ago

January 27, 2026

Harvey Vargas

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

The S&P 500 and Nasdaq have climbed for the fourth consecutive session as investors brace for upcoming earnings reports and a Federal Reserve meeting.

Both indexes reached their highest levels in over a week, marking the longest series of gains since December.

#StockMarket #SP500 #Nasdaq #TechStocks

Money

U.S. and China approve TikTok sale to American investors

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

Published

7 days ago

January 23, 2026

Harvey Vargas

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

The United States and China have officially approved a deal for TikTok’s US operations to be sold to American investors, led by Oracle and Silver Lake.

This marks a major shift in the social media landscape as the platform navigates increasing regulatory scrutiny.

Under the new agreement, ByteDance will retain just under 20% of TikTok US, while Oracle and Silver Lake will each take 15% stakes. Other investors will also participate, forming a structure designed to satisfy both commercial and regulatory demands.

The new US-based entity will have a majority American board tasked with overseeing data protection and content moderation. Despite these safeguards, concerns remain about ByteDance’s influence and whether the deal fully complies with recent legislation.

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#TikTokSale #USChinaDeal #Oracle #SilverLake #ByteDance #TechNews #SocialMedia #DataProtection