The market is looking for the next ‘domino’ to fall, keeping banks under pressure
After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst…
Former top execs of SVB and Signature Bank will testify at Senate hearing this month
WASHINGTON — Former top executives of failed Silicon Valley Bank and Signature Bank will testify before the Senate on May…
Private payrolls surged by 296,000 in April, much higher than expected, ADP says
Hiring at private companies unexpectedly swelled in April, countering expectations for a cooling job market ahead, payroll processing firm ADP…
Brazil police raid Bolsonaro’s home as part of Covid vaccine probe
Brazil’s federal police on Wednesday raided former President Jair Bolsonaro’s home in Brasilia as part of a probe into a…
Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & more
Check out the companies making headlines in premarket trading. Eli Lilly — The pharmaceutical stock rose more than 5% on…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
Russia claims Ukraine attempted attack on the Kremlin with drones; Kyiv denies any involvement
This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. The Kremlin…
After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation
After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…
India’s ties with Russia remain steady. But Moscow’s tighter embrace of China makes it wary
India’s relationship with Russia remains steadfast as both sides seek to deepen their economic ties. But Moscow has also grown…
Michael Milken says recent crisis is the same mistake banks have been making for decades
Famed investor Michael Milken said Tuesday that the current banking crisis stemmed from a classic asset-liability mismatch that has played…
