A new government report will give details on April consumer spending and inflation as the Federal Reserve debates whether to raise interest rates again or take a pause and as negotiators race to meet a debt-ceiling deadline. The Commerce Department. | 06:04am
Shares of the Beverly Hills, Calif.-based regional bank fell 23% on Thursday after the company said its deposits dropped 9.5% during the week ended May 5. The lender said most of the decline occurred in the wake of news reports that PacWest was explori. | 06:17am
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