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Regional banks PacWest and Western Alliance rally after getting hammered

Regional banks continued to rally on Monday and shook off the steep market losses they experienced last week. PacWest shares closed up 3% on Monday while Zions rose 2%. Regional bank shares began their recovery on Friday. The rebound comes after midsize lenders saw their shares nosedive following the sudden collapse of …

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1 dead after Texas post prom party shooting

One teenager is dead after a shooting at a post-prom party in Texas, authorities said Saturday. Deputies responded to a shooting at a residence located at the 8500 block of Majesticbrook in Harris County, according to a tweet from Sheriff Ed Gonzalez.    Two teens got into a fight with the …

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Golda Rosheuvel, star of “Queen Charlotte: A Bridgerton Story,” says reading one scene was a “shocking moment”

Actress Golda Rosheuvel said when she read a scene in the Netflix series “Queen Charlotte: A Bridgerton Story” for the first time, “it was quite a shocking moment.” The scene highlighted the young future queen’s race as she prepared to marry King George III. When the young Charlotte met her …

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Idaho murders: Surviving roommate agrees to speak to suspect Bryan Kohberger’s attorneys

One of the roommates who survived the slayings of four Idaho students in their off-campus residence in November has agreed to an interview with suspect Bryan Kohberger‘s defense counsel, according to a Wednesday court filing obtained by CBS News.  Bethany Funke, 21, will meet with Kohberger’s attorneys in Reno, Nevada, …

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New Fed report blames Silicon Valley Bank execs — and the Federal Reserve itself — for bank’s collapse

The sudden collapse of Silicon Valley Bank last month was due to a combination of extremely poor bank management, weakened regulations and lax government supervision, according to a highly anticipated autopsy of the bank’s failure from the Federal Reserve released Friday. The report takes a critical look at what the …

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Fugees star Pras Michel testifies in multimillion

Washington — Hip-hop star and Fugees member Pras Michel picked up a different kind of microphone as he took the witness stand in Washington, D.C.’s federal courthouse to defend himself in a multimillion-dollar international fraud trial.  “Mic check 1, 2. Mic check 1, 2,” he aptly said at the start …

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Christy Giles death: The heartbreaking last photo a fashion model sent to her husband

The last time Jan Cilliers had a conversation with his wife, Christy Giles, she was taking a walk outside their Marina del Rey, California, apartment with their cat, Loki — a Russian Blue, whose favorite thing to do was run out on the beach and roll in the sand. She …

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Facebook parent Meta urged to keep kids out of the metaverse

The metaverse is no place for kids, according to a group of more than 70 advocates for children’s rights and online privacy. Those concerned are asking Facebook’s parent company, Meta, to abandon its plans to attract young teens onto its Horizon Worlds metaverse platform because, they say, doing so will …

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Civil penalties and reduced pensions proposed for future presidents who mishandle classified materials

Amid a series of investigations into allegedly mishandled classified documents, two members of Congress are proposing a series of new, large civil penalties against people in power who fail to properly handle classified records.    Top officials, including U.S. presidents, could have their pensions garnished, their security clearances stripped and face …

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In one California city, offering free cash helped fight poverty and COVID

When Stockton, California, resident Gregory Gauthier had to take time off from his job at auto dismantler Pick-n-Pull to recover from hernia surgery, he was grateful to have a financial cushion courtesy of the city: a guaranteed paycheck. The $500 no-strings-attached monthly stipend also proved vital for a 48-year-old woman …

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