Will the Biden Tax give them a refund for their unrealized capital losses?

He aso proposes to increase the subsidy for illegitimate children from $2,000 to $3,600 per. “You want more of something, ya gotta pay for it — no joke.”

The four biggest U.S. banks lost $52 billion in market value Thursday.

Investors dumped shares of SVB Financial Group SIVB -60.41%decrease; red down pointing triangle and a swath of U.S. banks after the tech-focused lender said it lost nearly $2 billion selling assets following a larger-than-expected decline in deposits.

The four biggest U.S. banks lost $52 billion in market value Thursday. The KBW Nasdaq Bank Index notched its biggest decline since the pandemic roiled the markets nearly three years ago. Shares of SVB, the parent of Silicon Valley Bank, fell more than 60% after it disclosed the loss and sought to raise $2.25 billion in fresh capital by selling new shares.

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