Western Alliance Bank signage is displayed on the company’s Headquarters in downtown Phoenix, Arizona, on April 27, 2023. Patrick T. Fallon | AFP | Getty Images When you can’t repay a bank loan, that’s distressing — but probably not for the bank. But when tens of thousands of people, who had good credit ratings, can’t,…
Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day. Charlie Rogers | Moment | Getty Images Japan’s Nikkei 225 lost 1% in early trade, while the broad-based Topix fell 0.75%. South Korea’s Kospi dipped 0.48%, and the small-cap Kosdaq declined 0.13%. Hong Kong’s Hang Seng Index futures were…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday and what’s on the radar for Friday’s session. The diet drugs and the…
As news of sour banks loans rattled Wall Street, CNBC’s Jim Cramer said the developments will pave the way for the Federal Reserve to lower interest rates — a move that investors across the board have been hoping for. “Today got real ugly, but at least we finally have something that can make the Federal…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 16, 2025. Jeenah Moon | Reuters U.S. stock futures were hovering near the flatline on Thursday night after the previous session saw a sell-off fueled by concerns about regional banks’ loan practices. Futures tied to the Dow…
An automatic teller machine at the Zions Bank headquarters in Salt Lake City, Utah, on July 10, 2023. Kim Raff | Bloomberg | Getty Images Stock Chart IconStock chart icon ZION and KRE, 1-day The bankruptcies of two auto industry-related companies this year have raised concerns about loose lending practices, especially in the opaque private…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) I pitched Newmont Mining (NEM) to the Halftime Report audience as a Best Stock in the Market name on April 17th . Instead of talking about it, I should have just shut my…
China on Thursday accused the U.S. of creating “panic” over Beijing’s controls on rare earth minerals, but indicated it is open to trade talks to resolve a dispute that has threatened to reignite a trade war between the world’s two largest economies. “The US interpretation seriously distorts and exaggerates China’s measures, deliberately creating unnecessary misunderstanding…
Baird sees shares of Rocket Lab taking off from their current levels. In a Thursday note, the investment firm initiated coverage of the rocket and spacecraft manufacturer at an outperform rating and $83 price target. Shares of Rocket Lab have soared 172% this year. While Baird’s price target implies the stock could gain an additional…
Friday’s selloff in the stock market resulted in the biggest options volume day ever and the latest sign of the retail trading crowd’s incredible support of the stock market. Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, said Friday, Oct. 10 resulted in over 108 million contracts traded, only the second…