*By Chloe Aiello*
It's been quite the week for Facebook, but CEO Mark Zuckerberg, it seems, still has a fun streak.
The high-profile CEO stepped out with rapper Kanye West to kick back, relax, and sing a little karaoke. The star on Monday tweeted a blurry photo of the pair in a group, grasping microphones and apparently singing a throw-back hit from the Backstreet Boys.
"We sang Backstreet Boys I want it that way," [West wrote on Twitter](https://twitter.com/kanyewest/status/1062892813975674881).
The tweet has since earned more than 72,000 likes, 9,000 retweets and 1,000 comments ー most of which were remarks on the unlikely pairing. And while there was no way of knowing what the two were up to, or even when they met, the photo provided some much needed comedic relief in a week of bad news for Facebook ($FB).
On Wednesday, a [New York Times investigation](https://www.nytimes.com/2018/11/14/technology/facebook-data-russia-election-racism.html) raised questions about the leadership's response to recent scandals. In a press conference on Thursday, Zuckerberg pushed back against the report, bolstered by a rare statement Facebook's board issued in support of the CEO and his COO, Sheryl Sandberg.
The report comes as the company juggles slowing growth and backlash after a spate of controversies in the past year, including the Cambridge Analytica data breach and the company's response to Russian meddling on the platform.
Facebook's stock is down 18.5 percent year-to-date and 19.1 percent year-over-year.
Stocks rallied after a group of big banks offered a lifeline to the bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles.
The Federal Reserve on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
Kellogg announced last year that it was splitting into two companies, one focused on snacks and the other on cereal. Now it's revealed what those new companies will be called. The cereal business will retain the name Kellogg's, while the snack business will be called Kellanova.
Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank.
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss Wednesday's session as stocks closed down amid concerns over a banking crisis and ahead of next week's Fed meeting.
