Zelenskyy says Russia intensifying attacks out of frustration; Moscow holds Victory Day military parade
This was CNBC’s live blog tracking developments on the war in Ukraine on May 9, 2023. See here for the…
UBS announces Credit Suisse CEO Koerner to join board after emergency rescue
UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity…
A.I. trade is leaving investors vulnerable to painful losses: Evercore
The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…
Trump barred from making evidence public in Stormy Daniels hush money case
A judge Monday barred former President Donald Trump from making public evidence and other material related to a pending criminal…
Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and more
Check out the companies making headlines in after-hour trading. Lucid — The electric vehicle maker shed 8% after the company…
Worries linger about financial stability following bank rescue, Fed report shows
Banking system pressures, real estate stress and persistent inflation top worries about financial stability, though the system overall remains stable,…
Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says
WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…
Fed report shows banks worried about conditions ahead, with focus on slowing economy and deposit outflows
Tumult in mid-sized institutions caused banks to tighten lending standards both to households and businesses, potentially posing a threat to…
Stocks making the biggest moves midday: Berkshire Hathaway, Catalent, Tyson Foods, Zscaler and more
Check out the companies making headlines in midday trading. Berkshire Hathaway — The conglomerate’s A shares rose more than 1%…
