The Biden White House expresses confidence on Monday in how Federal Reserve Chairman Jerome Powell is helping to handle the banking crisis.
The Ratings Game: It’s time to buy Dow’s stock, says Deutsche Bank, citing high dividend and belief that ‘earnings bottom’ has passed
Dow Inc.’s stock rallied Monday after Deutsche Bank said it was time to buy, citing belief that ‘earnings bottom’ has passed. The stock also has a relatively high dividend.
Outside the Box: Amazon didn’t make money for a decade, but those losses weren’t even close to what startup companies and their investors face now.
Startup losses, which have been cumulating for years, are a problem for venture capitalists, stockholders and lenders like SVB.
Market Extra: European bank CoCos under pressure after Credit Suisse sale to UBS triggers historic loss on specialty bonds
Risky debt issued by several European banks is under pressure in New York trading on Monday after Credit Suisse, UBS merger triggers a historic bond write down.
Washington Watch: Donald Trump charged with 34 felony counts. Could he still run for president?
Donald Trump has been arraigned in the Manhattan case involving hush-money payments. What would this mean for Trump’s plans to again seek the White House?
Commodities Corner: What gold’s brief rise above $2,000 an ounce means as fears of banking crisis rattle investor nerves
Gold futures briefly top $2,000 an ounce on Monday to mark their highest intraday price in more than a year, as worries about the banking sector lead to a rise in demand for gold as a safe-haven investment.
: UBS credit outlook revised to negative by S&P on concerns about risk in Credit Suisse deal
S&P Global Ratings said it expects the integration of large parts of Credit Suisse’s investment banking activities to carry material execution risk.
In One Chart: Traders see growing chance of Fed rate hike in May, pause or cuts thereafter
Fed-funds futures traders are boosting the odds of a quarter-point rate hike in May, following an anticipated move of a similar size in two days.
The Ratings Game: Carnival’s stock rises after analyst urges investors to buy ahead of earnings report
Carnival’s stock gains after Deutsche Bank makes a short-term “catalyst call” to buy ahead of the cruise operator’s earnings report.
Market Extra: What are CoCos and why are Credit Suisse’s now worth zero?
Swiss regulator wrote down the value of Credit Suisse’s CoCos to zero. Here’s what you need to know.
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