Project Syndicate: ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says
Bank sector stress makes a stagflationary debt crisis more likely and severe, writes Nouriel Roubini.
Futures Movers: Oil prices advance to cap off bruising March
Oil prices saw modest gains on Friday, capping off a nearly two-week-long advance that has helped to ameliorate bruising losses for the month and quarter...
Movers & Shakers: Virgin Orbit Holdings’ stock sinks on job axes, Rumble and Digital World Acquisition shares rise on Donald Trump indictment
Chicken Soup for the Soul Entertainment slumps and Nikola's stock sinks
: Fed terminal rate view cut by 50 basis points by BNP Paribas
The terminal rate forecast from BNP Paribas was cut by a half point, to 5.25% from 5.75%. “The tightening of US financial conditions – and...
: Financial and REIT stocks rise in premarket after positive Fed borrowing data, as banks lean into new lending program
Financial sector and REIT stocks rose in premarket trades on Friday after weekly data on commercial bank borrowing from the U.S. Federal Reserve signaled less...
: Metropolitan Bank stock sees big bounce after financial update, saying ‘liquidity remains strong’
Shares of Metropolitan Bank Holding Corp. MCB bounced 14.8% in premarket trading Friday, after the parent of New York-based Metropolitan Commercial Bank provided a financial...
: Chicken Soup for the Soul stock falls toward record low after offering prices at 28% discount
Shares of Chicken Soup for the Soul Entertainment Inc. CSSE plunged 30.3% toward a record low in premarket trading Friday, after the Redbox, Crackle, and...
: Kentucky poised to become 38th state to legalize medical use of cannabis
Kentucky Gov. Andy Beshear said he plans to sign into law Friday a medical cannabis bill passed by the state Senate and General Assembly, according...
: Groupon stock pops as company switches up its CEO
Groupon Inc. GRPN is changing up its leadership, with Dusan Senkypl, the co-founder of Pale Fire Capital and a member of Groupon’s board, taking on...