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Interest Rates

UBS's takeover of Credit Suisse has investors divided over the Fed's next move. Here's what the $3 billion deal could mean for US interest rates.

Wed, 03/22/2023 - 06:39

credit suisse — The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich.
Fabrice Coffrini/AFP/Getty Images)

Markets, MI Exclusive, Stocks, Credit Suisse, Credit Suisse stock, ubs, Mohamed El-Erian

Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' says GFC veteran economist

Wed, 03/22/2023 - 05:45

Tech Insider : Economy

Economist Ann Pettifor — Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' warns GFC veteran economist.
Simone Padovani/Awakening/Getty Images

economy, News, Global Financial Crisis, Federal Reserve, Central Banks, Interest Rates, Inflation

Expectations for the Fed's next rate hike this month have posted the biggest swings since the start of the pandemic

Tue, 03/21/2023 - 16:39

Silicon Valley Bank, Fed Chair Jerome Powell — Silicon Valley Bank, Fed Chair Jerome Powell
John Brecher for The Washington Post via Getty Image, Anna Moneymaker/Getty Images

Markets, MI Exclusive, Federal Reserve, SVB, Interest Rates, Fed Funds Rate, Bespoke

Warren Buffett's company is set to bag almost $4 billion in interest income this year thanks to surging rates

Tue, 03/21/2023 - 13:02

Berkshire Hathaway CEO Warren Buffett Dairy Queen Ice Cream — Warren Buffett.
REUTERS/Rick Wilking

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Treasuries, Fixed Income

Elon Musk urges the Fed to reverse course in its inflation fight, as he fears the banking crisis is hitting the US economy

Tue, 03/21/2023 - 06:52

Elon Musk — Elon Musk.
Patrick Pleul/picture alliance via Getty Images

Markets, MI Exclusive, Stocks, Elon Musk, tesla, spacex, twitter

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

Mon, 03/20/2023 - 08:55

wall street traders 2008 — UBS acquiring Credit Suisse has major implications for markets and the US economy.
Mike Segar/Reuters

Markets, MI Exclusive, Stocks, Credit Suisse, ubs, m&a, Banking Crisis

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

Sun, 03/19/2023 - 15:55

Swiss Switzerland Fan Flag Soccer — Credit Suisse's stock is plunging as investors fear a banking crisis.
AP Photo/Schalk van Zuydam

Markets, MI Exclusive, Stocks, Credit Suisse, Banks, Banking Crisis, European Banks

The Fed is about to release its first policy decision since 3 banks collapsed. Here's what high-profile commentators and analysts say it will do.

Sun, 03/19/2023 - 08:45

jerome powell — Federal Reserve Board Chairman Jerome Powell arrives at his news conference following the closed two-day Federal Open Market Committee meeting in Washington, U.S., May 1, 2019.
Yuri Gripas/Reuters

Markets, MI Exclusive, Federal Reserve, SVB, Bank failures, first republic bank, Jerome Powell

The most accurate sign of a coming recession is not what you think it is - and it's on the verge of flashing

Sun, 03/19/2023 - 08:00

Tech Insider : Economy

trader nyse — A trader works on the floor of the New York Stock Exchange January 6, 2014.
REUTERS/Brendan McDermid

Markets, MI Exclusive, Stock Market, economy, Yield Curve, yield curve inversion, finance

Victims of the Fed: How a year of rate hikes cratered stocks - and fueled the demise of FTX and Silicon Valley Bank

Sun, 03/19/2023 - 04:43

FILE - In this Aug. 12, 2019, photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. Stocks of companies that do lots of business with China are obvious targets to sell when trade worries rise, and they’ve lagged sharply behind the rest of the market whenever President Donald Trump sends out a tariff tweet.

Markets, MI Exclusive, Stocks, Federal Reserve, Interest Rates, Inflation, ftx

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