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TikTok’s Grilling & Europe’s Banking Contagion 03/24/23

Lawmakers grilled TikTok CEO Shou Zi Chew on data, the platform’s relationship with Chinese owner Bytedance, and content moderation. Stanford Univers…

3 years, 1 month ago

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Hike #9, Winning AI, & the SEC’s Celebrity Targets 03/23/23

The Federal Reserve announced a rate hike of 25 basis points, its ninth consecutive hike in the last year. Chair Jerome Powell softened his tone on t…

3 years, 1 month ago

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Lloyd Blankfein: Market Stability & Fed-spectations 03/22/23

In an extended interview, former Goldman Sachs CEO Lloyd Blankfein discusses the fine line for Federal Reserve Chairman Jay Powell, who prepares to s…

3 years, 1 month ago

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Time for a Time Out? Former Fed Governor Kevin Warsh 03/21/23

JPMorgan is advising First Republic on strategic alternatives, after JPM and 10 other banks announced a $30B deposit into the embattled bank. Treasur…

3 years, 1 month ago

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An Emergency Swiss Rescue, A Liquidity Crunch, & ‘We Love NYC’ 03/20/23

The Swiss government has helped broker a deal for UBS to acquire its embattled rival Credit Suisse in an “emergency rescue” to curb global contagion …

3 years, 1 month ago

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The Week That Was: A Bank Crisis, IRS Records, & The Next Fed Decision 03/17/23

Joe Kernen and Andrew Ross Sorkin digest the chaotic week that was: banks in crisis, markets in tumult, and the Fed under pressure. Lazard’s Peter Or…

3 years, 1 month ago

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A Swiss Lifeline, the Rate Hike Risk, & Threatening TikTok 03/16/23

Credit Suisse gets a lifeline! CNBC’s Geoff Cutmore reports on the Swiss Central Bank’s backstop for banking contagion, and CNBC’s Steve Liesman expl…

3 years, 1 month ago

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Banking Contagion: U.S., Europe, & Larry Fink’s Warning 03/15/23

After the collapse of Silicon Valley and Signature banks and the subsequent regional bank crisis in the US, European banks are now rattling the globa…

3 years, 1 month ago

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Delta’s Demand, Inflation’s Rise, & the Repercussions of a Rescue 03/14/23

The Federal Reserve’s next rate hike is around the corner–or is it? The latest inflation report, last month’s Consumer Price Index, came in hot but n…

3 years, 1 month ago

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Near Miss: A Bank Collapse and a Crisis Averted 03/13/23

Did we dodge the bullet? Federal agencies on Sunday approved plans to safeguard depositors affected by the collapse of Silicon Valley Bank on Friday,…

3 years, 1 month ago

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