These 10 funds had over $100 million each in Credit Suisse bonds — which are now worth nothing
One bond fund is set to lose nearly a quarter of billion dollars after Swiss regulators wrote down its investments to zero.
CNBC Daily Open: Janet Yellen’s guarantee to banks comes with a catch
Regional banks popped after Treasury Secretary Janet Yellen said the government might guarantee deposits. But banks lost ground again in after-hours trading.
Geely shares jump after automaker beats revenue expectations for 2022
For 2023, Geely set a sales target of 1.65 million units and said it aims to double the share of new energy and electrified vehicle sales.
Ukraine probably isn’t going to accept anything less than retaking all its territory from Russia
CNBC’s Ted Kemp says Ukraine knows it’s winning the war and has Russia on the “proverbial backfoot.”
Give us your nominations: CNBC is ranking the world’s top fintech companies
CNBC and independent research firm Statista are going to identify the world’s top 200 fintech companies.
Gold prices could notch an all-time high soon — and stay there
Gold prices have room to run as banks struggle and the Federal Reserve renders another rate decision, potentially breaking all-time highs — and staying there.
Earthquake in Afghanistan kills at least 13, nine of them in Pakistan
At least 19 houses were partially damaged by the earthquake, Abdul Basit, a senior official in the Khyber Pakhtunkhwa government told Reuters on Wednesday.
Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch
Virgin Orbit is returning a “small team” to work on Thursday, as the company aims to prepare for its next rocket launch even as its future remains in doubt.
‘Inundated with requests’: Digital currency firms look to Swiss banks after crypto-friendly lenders fail
Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital.
Japan defeats the United States 3-2 for World Baseball Classic championship
Shohei Ohtani emerged from the bullpen and fanned Los Angeles Angels teammate Mike Trout for the final out in a matchup the whole baseball world wanted to see.
