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Home > WSJ What's News > First Republic Bank Shares Plummet; Consumer Firms Keep Prices High
Podcast: WSJ What's News
Episode:

First Republic Bank Shares Plummet; Consumer Firms Keep Prices High
Category: Business
Duration: 00:19:08
Publish Date: 2023-04-26 10:28:00
Description:

A.M. Edition for April 26. Shares of midsize lender First Republic Bank shed nearly 50% yesterday after it reported a major outflow of deposits. WSJ finance editor Quentin Webb explains whether First Republic’s troubles could signal further banking turmoil. Also, shoppers looking for price breaks on basic products will have to wait, as companies seem to have pricing power on their side. Plus, the U.S. and South Korea reach a nuclear accord. Luke Vargas hosts.  

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