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Chinese President Xi Jinping is set to visit Russia from March 20 to 22, China's Ministry of Foreign Affairs announced Friday.

Credit Suisse's path to the brink has been a long and tumultuous one.

The government approval initially covers 10 vehicles in the Beijing suburb of Yizhuang, which is home to many corporations such as JD.com.

Many businesses still face obstacles when considering a move to the four-day work week. Other working patterns like the nine-day fortnight could be a middle ground.

Asia-Pacific banks are "resilient to risks" highlighted by failures seen in U.S. banking sector, Fitch Ratings said Thursday.

The ruling Communist Party of China is establishing commissions to oversee finance and tech, state media announced Thursday.

Paxlovid is recommended for people over 50 or those with medical conditions such as high blood pressure or diabetes that place them at a greater risk of Covid.

CNBC's Jim Cramer on Thursday said the banking crisis is fighting inflation and the Fed no longer needs to take action.

A GOP plan to pay off certain debts to avoid default instead of passing a debt ceiling bill is a "dangerous idea," said Yellen.

Financial institutions took about $300 billion in short-term loans this week from the Federal Reserve as the industry copes with a serious crisis.

The Supreme Court has resisted calls to televise sessions. A senator cited recent rulings on abortion and gun control in pushing for more transparency.

The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other regional banks that have similar balance sheet issues.

The news comes after First Republic's stock has been pummeled in recent days, sparked by the collapse of Silicon Valley Bank and Signature Bank.

Treasury Secretary Janet Yellen sought to reassure markets and lawmakers that the government will protect U.S. bank deposits amid a rash of bank failures.

The French drugmaker is the last major insulin manufacturer to try to head off government efforts to cap monthly costs by announcing its own steep price cuts. 

Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline.

Bitcoin advanced after a big rally in cryptocurrencies this week as the broader investment world assessed cracks in the banking system in the U.S. and Europe.

Astra is seeking a 180-day extension to Nasdaq's deadline for the company's stock to return above $1 a share.

The Fed in some ways is both closer and further away from its goals when it first started raising rates.

Financial markets have been roiled over the past week by the collapse of Silicon Valley Bank, triggering renewed worries a U.S. recession is on the horizon.