The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
Demand for Fed help shows the banking industry is still under pressure
The good news: Banks were willing to go to the Fed for help. The bad news: That so much help was needed.
Virgin Orbit scrambles to avoid bankruptcy as deal talks continue
Virgin Orbit senior leadership held daily talks with potential investors through the weekend, people familiar with the matter told CNBC.
Big Mac prices are up: Here’s how much you’ll pay for McDonald’s signature sandwich state by state
A recent study shows that price of the fast food chain’s flagship Big Mac sandwich is reaching new all-time highs.
Amazon to lay off 9,000 more workers in addition to earlier cuts
Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff Monday.
Karen Firestone: This is what’s working in today’s market – and what should keep working
It’s been a bizarre 2023 so far, starting with a rally, a setback and now a mess in the mid-tier banking world.
The Federal Reserve is still expected to go through with a rate hike. What that means for you
The Federal Reserve is expected to raise interest rates despite a crisis of confidence in the banking industry. Here’s what that means for you.
Trump seeks to block Georgia election interference criminal charges
Former President Donald Trump is facing a criminal probe for trying to overturn his 2020 election loss to President Joe Biden in Georgia.
Top analyst Betsy Graseck says get defensive with these bank stocks as risk grows
The banking system could already be in systemic risk territory, Morgan Stanley’s Betsy Graseck says.
Media mogul Rupert Murdoch engaged to Ann Lesley Smith
Rupert Murdoch is engaged to former San Francisco police chaplain Ann Lesley Smith, which will mark the fifth marriage for the 92-year-old media mogul.