Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.
Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and more
These are the stocks posting the largest moves in midday trading.
Larry Fink: BlackRock is not the ‘environmental police’
In his annual letter, CEO Larry Fink said BlackRock’s recognition of the import of climate risk on finance does not make the company a political chess piece.
One of the best ways to figure out what the Fed will do next is to look at regional bank stocks
Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding interest rates.
Mohamed El-Erian says the Fed’s credibility is at stake as financial accidents spread
The chief economic advisor at Allianz said the Fed’s credibility is on the line, as a wipeout of Credit Suisse shares adds to a growing crisis.
Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.
Financial shares fall as Credit Suisse becomes latest crisis for the sector
Wells Fargo, Citigroup and key regional bank stocks were among the names under pressure on Wednesday.
Larry Fink says more bank seizures could come, but it’s too early to know how widespread crisis is
BlackRock CEO Larry Fink said the banking crisis brought on by the collapse of Silicon Valley Bank could spread and worsen.
Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more
Shares of Credit Suisse and several other European banks were halted from trading as prices plummeted.
Retail egg prices fell in February — but the price drop may not last long
The average retail price of eggs fell in February for the first time in months but may rise again as Easter approaches, experts said.