The Week That Was: A Bank Crisis, IRS Records, & The Next Fed Decision 03/17/23
Joe Kernen and Andrew Ross Sorkin digest the chaotic week that was: banks in crisis, markets in tumult, and the Fed under pressure. Lazard’s Peter Orszag unpacks the instability in our financial ecosy...
17 Mars 202335min
A Swiss Lifeline, the Rate Hike Risk, & Threatening TikTok 03/16/23
Credit Suisse gets a lifeline! CNBC’s Geoff Cutmore reports on the Swiss Central Bank’s backstop for banking contagion, and CNBC’s Steve Liesman explores how this week of financial instability affects...
16 Mars 202331min
Banking Contagion: U.S., Europe, & Larry Fink’s Warning 03/15/23
After the collapse of Silicon Valley and Signature banks and the subsequent regional bank crisis in the US, European banks are now rattling the global markets. Credit Suisse stock has hit an all time ...
15 Mars 202330min
Delta’s Demand, Inflation’s Rise, & the Repercussions of a Rescue 03/14/23
The Federal Reserve’s next rate hike is around the corner–or is it? The latest inflation report, last month’s Consumer Price Index, came in hot but not worse than expected. CNBC’s Steve Liesman consid...
14 Mars 202333min
Near Miss: A Bank Collapse and a Crisis Averted 03/13/23
Did we dodge the bullet? Federal agencies on Sunday approved plans to safeguard depositors affected by the collapse of Silicon Valley Bank on Friday, and the Federal Reserve is creating a Bank Term Fu...
13 Mars 202336min
Jobs, Gun Sales and the Silicon Valley Bank Failure 03/10/23
Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy and bring down inflation. Jason Furman, professor at the Harvard Ken...
10 Mars 202324min
Salesforce Debuts Einstein GPT & JP Morgan Sues Jes Staley over Jeffrey Epstein Ties 03/09/23
Salesforce is the latest tech powerhouse to join the ChatGPT mania, now offering Einstein GPT. The offering draws on OpenAI’s technology that’s taken the tech industry by storm. Salesforce Service Clo...
9 Mars 202331min
The Economic Balance: Powell's Warnings, Biden's Tax Plan, and Buffett's Bet on Oil 03/08/23
Federal Reserve Chairman Jerome Powell testified to the Senate Banking, Housing and Urban Affairs Committee and warned that interest rates may rise higher than expected as inflation continues to show ...
8 Mars 202332min
