Credit Suisse refreshed its top stock picks for March, as investors become more anxious about the effect of higher interest rates on the market.
Luxury home sales plunge 45%, with Miami and the Hamptons hit hardest
Tight supply and higher rates are pushing luxury home prices higher.
House conservatives issue new list of demands that could upend debt ceiling talks
The House Freedom Caucus demanded drastic federal budget cuts, work requirements for Medicaid and an end to “federal regulations” on domestic energy production.
Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis
The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.
Stocks making the biggest moves midday: Signature Bank, First Republic, Oracle and more
Regional banks led Friday’s losses amid the Silicon Valley Bank shutdown.
Fintech startup Brex got billions of dollars in Silicon Valley Bank deposits Thursday, source says
Companies including JPMorgan Chase, Morgan Stanley and First Republic have also seen heightened inflows Thursday as SVB’s stock tanked.
Recent decline in household entertainment name is overdone. That’s why we’re buying more
A cash position of nearly 9% provides us with the ability to find something to buy in Friday’s market crosscurrents.
Unemployment for Black and Hispanic women rose in February, but more workers join the labor force
Black women saw their unemployment rate jump to 5.1% from 4.7%. Among Hispanic women, it jumped to 4.8% from 4.4%.
4 elite stocks to play defense in this tough market
CNBC Pro looked for defensive names that can weather any volatility and are also poised for earnings growth, pay a dividend and are loved by analysts.
House votes unanimously to declassify intelligence on origins of Covid pandemic, sending bill to Biden
The effort by Congress to declassify intel comes after the Energy Department concluded with “low confidence” the the virus most likely escaped from a lab.