UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
Wall Street Likes Meta’s Plans to Cut Costs

Wall Street Likes Meta’s Plans to Cut Costs

Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.