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CNBC Financial News

Stocks making the biggest moves midday: Bed Bath & Beyond, Digital World Acquisition, Nikola and more

Fri, 03/31/2023 - 09:26
These are the stocks posting the largest moves in midday trading.

San Francisco Fed leader Daly likely not a major player in SVB saga, officials say

Fri, 03/31/2023 - 08:20
San Francisco Fed President Mary Daly's district oversaw the second-largest bank failure in U.S. history.

It's the U.S., not Europe's banking system that's a concern, top economists say

Fri, 03/31/2023 - 06:53
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.

Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows

Fri, 03/31/2023 - 06:44
We polled about 400 chief investment officers, equity strategists and portfolio managers about where they stood on the markets.

Stocks making the biggest moves premarket: Bed Bath & Beyond, Nikola, Virgin Orbit and more

Fri, 03/31/2023 - 05:05
These are the stocks posting the largest moves before the bell.

'Nationalizing bond markets' left central banks unprepared for inflation, top HSBC economist says

Fri, 03/31/2023 - 02:32
The prolonged period of loose monetary policy after the global financial crisis equated to central banks "nationalizing bond markets," according to HSBC Senior Economic Adviser Stephen King.

China’s banking troubles are not the same as Silicon Valley Bank, economist says

Thu, 03/30/2023 - 18:35
China's small banks' problems reflect local issues, but do not pose systemic risks, said Zhu Min of the China Center for International Economic Exchanges.

Bank of America's Andy Sieg is joining Citi as head of global wealth

Thu, 03/30/2023 - 15:47
Sieg was previously president of Merrill Lynch Wealth Management.

Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

Thu, 03/30/2023 - 09:43
These are the stocks posting the largest moves in midday trading.

Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more

Thu, 03/30/2023 - 05:10
These are the stocks posting the largest moves in the premarket.

Singapore's banking authority says DBS outage was 'unacceptable'

Wed, 03/29/2023 - 19:55
Shares of Southeast Asia's largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.

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

Wed, 03/29/2023 - 10:03
Lululemon rallied on strong earnings. Foot Locker fell after UBS downgrade.

Stocks making the biggest moves premarket: Lululemon, Paychex, Micron Technology and more

Wed, 03/29/2023 - 06:03
Major retailers were in the red on Wednesday morning after UBS downgraded the stocks to sell from neutral.

'Call of duty': With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation

Wed, 03/29/2023 - 04:21
New UBS CEO Sergio Ermotti on Wednesday said his return to the helm was "a call of duty," as the Swiss veteran takes on the task of restoring order to the country's bruised financial system.

Bitcoin climbs 5% above $28,000 as investors shrug off regulatory crackdowns

Wed, 03/29/2023 - 03:36
Bitcoin surged 5% in the past 24 hours to as high as $28,474, retaking the $28,000 level after dipping below it on Monday.

Jamie Dimon is being deposed over JPMorgan Chase role in Epstein lawsuits

Tue, 03/28/2023 - 16:39
The suits allege that New York-based JPMorgan Chase ignored red flags about Jeffrey Epstein.

SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed's Barr testifies

Tue, 03/28/2023 - 11:35
The run on Silicon Valley Bank's deposits this month went far deeper than was initially known.

Stocks making the biggest moves midday: Micron, Paramount, McCormick and more

Tue, 03/28/2023 - 11:26
Check out the companies making headlines in midday trading Tuesday.

Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more

Tue, 03/28/2023 - 05:39
Alibaba shares jumped after the e-commerce giant said it would split its company into six separate business groups.