Treasury proposes new process to spot risks after SVB, Signature Bank failures
WASHINGTON — The Treasury Department’s risk oversight arm on Friday proposed new tools for spotting issues in the U.S. financial…
Big drug company CEOs to testify at Senate Health committee on insulin prices
The top executives of the three drug companies that control 90% of the global insulin market will testify May 10…
Stocks making the biggest moves midday: CSX, Pool, Procter & Gamble and more
Check out the companies making headlines in midday trading. CSX – The transportation stock jumped 3.7% after the company’s first-quarter…
Virginia GOP Gov. Glenn Youngkin dodges 2024 questions as he gears up for Asia trip
Gov. Glenn Youngkin will travel to Asia next week to meet with political and business leaders, adding more fuel to…
‘Utterly irresponsible’: SVB failure was caused by a banking — not tech — crisis, top VC says
LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according…
Stocks making the biggest moves premarket: Procter & Gamble, CSX, PPG Industries and more
Check out the companies making headlines before the bell: Procter & Gamble Company – Shares gained about 1.5% in the…
A recession is coming — and stock markets won’t come through it unscathed, strategist says
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview…
Ukraine war live updates: Western allies meet in Germany, Russia accidentally strikes own city
This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. Ukraine’s Western…
Volkswagen takes on China’s EV market with a higher-end car and $1 billion investment
BEIJING — German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle…
