JPMorgan Chase takes over First Republic Bank

The Federal Deposit Insurance Corporation (FDIC) has accepted a bid from JPMorgan Chase Bank to assume all deposits of First Republic Bank, the California Department of Financial Protection and Innovation (DFPI) announced early Monday morning. The San Francisco-based bank has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, and it was widely seen as the bank most likely to collapse next. LiveNOW's Andy Mac spoke with banking attorney Joseph Lynyak about First Republic Bank being taken over by JPMorgan Chase. More LiveNOW from FOX streaming video

Stock market dips after Fed announces another rate hike

The stock market slipped across the board Thursday, the day after the Federal Reserve announced another rate hike of 50 basis points. Willie Delwiche, an investment strategist with All Star Charts, spoke with LiveNOW from FOX's Josh Breslow about the situation.

Stocks rocked to end the horrible trading week

The Dow Jones Industrial Average lost over 1,000 points on Thursday as investors wrestled with whether the Federal Reserve can successfully avoid a recession. The yield on the 10-Year Treasury was at 3.07% on Friday morning. Elsewhere, Under Amour shares fell sharply after posting a quarterly loss of $59.6 million or $0.13 per share compared to a profit of $77 million or $0.17 per share a year ago.