BlackRock warns that investors are making a mistake by betting on the Fed to cut rates
Investors are too confident the Federal Reserve will cut interest rates this year and could pay the price later, according…
Bank stocks fall after top regulators back stricter regulations at high-profile Senate hearing on collapse of SVB
This was CNBC’s live blog on Tuesday’s hearing on the collapse of Silicon Valley Bank and other lenders before the…
Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more
Check out the companies making headlines in premarket trading. Alibaba — Shares jumped 9.8% after the e-commerce giant said it…
Stocks making the biggest midday moves: Coinbase, First Citizens, Roku and more
Check out the companies making the biggest moves midday: Coinbase Global — Shares of the cryptocurrency exchange tumbled 7.8% in…
Fed’s Barr calls Silicon Valley Bank failure a ‘textbook case of mismanagement’
The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement,…
Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off
Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of…
Bank turmoil is boosting appetite for specific sector ETFs. Here’s why
It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout. According to VettaFi’s Todd Rosenbluth,…
Nearly $100 billion in deposits pulled from banks; officials call system ‘sound and resilient’
Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100…
Stocks making the biggest moves midday: Block, Deutsche Bank, GameStop, Activision and more
Check out the companies making headlines in midday trading. Block — Shares shed nearly 3%, after losing nearly 15% in…
