Federal Reserve Chairman Jerome Powell Alex Wong/Getty Images The Federal Reserve is unlikely to raise rates from here on out, KKM CEO Jeff Kilburg said. That's because the Fed needs…
Harvard University President Emeritus Larry Summers. REUTERS/Jonathan Ernst Former Treasury Secretary Larry Summers suggested more interest-rate hikes may be needed to cool inflation. "I probably would have allowed more room…
Luke Ellis Heidi Gutman via Getty Images Man Group CEO Luke Ellis says equities have yet to bottom out. Ellis thinks a "significant number" of banks will close in the…
Former Goldman Sachs CEO, Lloyd Blankfein Brendan McDermid/Reuters The former CEO of Goldman Sachs said the banking sector is in much better shape than it was in 2008. The banking…
Wharton professor Jeremy Siegel. Getty Images Jeremy Siegel said the banking crisis has made him more optimistic for the US economy next year. The turmoil will squeeze conditions, meaning the…
The UN has released the World Water Development Report 2023, which paints a grim picture of rising global water scarcity. The report says that seasonal scarcity will continue to increase…
A man rides a bicycle past the First Republic Bank branch in Santa Monica, California. PATRICK T. FALLON/AFP via Getty Images First Republic and other bank stocks surged Tuesday on…
Steve Eisman. Hector Retamal/AFP via Getty Images Today's banking turmoil isn't close to the 2008 financial crisis, Steve Eisman told CNBC. Current problems are more confined to regional lenders that…
WhatsNew2Day The post Carla Bruni trashes the mayor of Paris… by mocking the out-of-control garbage crisis appeared first on WhatsNew2Day.
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020. Andrew Kelly/Reuters Turmoil in the US banking system has…