The unraveling of the regional banking sector and successive bank failures will cause pain for the consumer in three key areas, CNBC’s Jim Cramer said.
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.
Sen. Elizabeth Warren told CNBC that the problem started under the Trump administration, when bank CEOs lobbied for Congress to weaken regulation.
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.
Biden is calling for a range of safeguards for the banking system in the wake of the failures of Silicon Valley Bank and Signature Bank.
Friday’s plunge in Deutsche Bank’s share price — despite relatively strong capital and liquidity positions — left many market watchers confounded.
CNBC spoke to entrepreneurs in Nigeria and South Africa who have integrated the Lightning Network into mobile money.
Enough with the confusion. Let me lay it out for you. We want the Federal Reserve tightening cycle to end and to end now.
The PCE price index and other inflation data face heightened scrutiny in the coming months as the market is becoming more at odds with the Fed’s base case.
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.