Economy

‘It’s not a pretty picture’: Russia’s support is growing in the developing world

Russia’s sphere of influence is growing as propaganda and diplomatic efforts gather momentum and Western powers fail to counter the…

Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more

Check out the companies making headlines in midday trading Wednesday. Lululemon – Shares of the athleticwear company soared more than 13%…

House lawmakers tear into top bank regulators in second hearing this week on SVB collapse

House lawmakers tore into top U.S. bank regulators Wednesday, questioning their competency and saying examiners were asleep at the wheel,…

Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years

Credit Suisse, the collapsed Swiss bank taken over by UBS Group in a hastily arranged bailout earlier this month, may…

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,…