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Banks Back In Focus, and State of the Consumer 5/11/23

PacWest is down more than 20% today, after reporting a 9.5% drop in deposits in the last week. We’ll explore the latest leg lower for banks, which is…

2 years, 9 months ago

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Google’s AI Plans, and Covid Emergency Ends 5/10/23

Google is holding its big AI event today, with lots of news breaking throughout the day. We’ll bring you there, and ask whether the company can catch…

2 years, 9 months ago

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Debt Limit Deadline, and Payment Problems 5/9/23

As the U.S. gets closer to the debt ceiling deadline and a potential default, President Biden is set to meet with Congressional leaders to discuss op…

2 years, 9 months ago

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New Airline Rules, and Peloton Rides Again? 5/8/23

President Biden is expected to propose new rules to make airlines pay customers for delays and cancellations, if the airline is to blame. But how wil…

2 years, 9 months ago

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The Federal Focus, and Generation Y Bother? 5/5/23

Whether it’s the Federal Reserve’s mission to hike rates until inflation is curbed, or the growing likelihood of a total federal shutdown – it might …

2 years, 9 months ago

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Regional Bank Crisis, and Big Tech On Deck 5/4/23

We’re watching everything going on in the regional bank crisis. PacWest and Western Alliance are getting crushed.

PacWest says it’s weighing a possibl…

2 years, 10 months ago

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CNBC Special: The Fed Decision 5/3/23

“Power Lunch” is on the road in Washington, as we count down to the Federal Reserve’s latest interest rate decision. Our all-star panel breaks down e…

2 years, 10 months ago

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Banking Crisis Continues, and AI Ambitions 5/2/23

Regional bank stocks are getting crushed again, dragging down the broader averages with them. The rescue of First Republic not stopping the slide. We…

2 years, 10 months ago

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JPMorgan Rescues First Republic, New Mortgage Fees, and a Cruise Comeback? 5/01/23

JPMorgan is buying First Republic, as CEO Jamie Dimon declares this part of the banking crisis over. But a big bank is now getting even bigger. Is th…

2 years, 10 months ago

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Earnings Parade 4/28/23

Stocks are higher again following yesterday’s monster gains, as the busiest week of earnings season wraps up. We’re digging into all of the big repor…

2 years, 10 months ago

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