CNBC Daily Open: What Silicon Valley Bank means for markets
Silicon Valley Bank collapsed on Friday. Financial regulators stepped in on Monday to ensure people can access their deposits. What does this mean for markets?
‘Sea of sameness’: Are smartphone makers out of ideas?
Phones have become more than just gadgets that people play around with, but innovation in the smartphone industry seems to have stalled. So, what does the future hold for these computers in our pockets?
Regulators close crypto-focused Signature Bank, citing systemic risk
U.S. regulators on Sunday shut down New York-based Signature Bank in a bid to prevent the spreading banking crisis.
Oscar 2023: ‘Everything Everywhere All at Once’ wins best picture, six other awards
“Everything Everywhere All at Once” dominated the Academy Awards. Follow live updates as Oscar winners are announced.
U.S. government steps in and says people with funds deposited at SVB will be able to access their money
Banking regulators devised a plan Sunday to shore up deposits at Silicon Valley Bank, a critical step in stemming a feared panic.
SVB’s tech failings were a problem long before the bank run that led to its demise, critics say
A former Silicon Valley Bank employee and some SVB clients say the firm’s inadequate technology created problems long before the run on the bank.
Dow jumps more than 100 points as investors bet SVB shock will get the Fed to back off hikes: Live updates
Some traders bet the financial shock from the Silicon Valley Bank fallout could cause the Federal Reserve to pause interest rate hikes.
Fed and FDIC discussing backstop to make SVB depositors whole and stem contagion fears: Source
Financial regulators are discussing two different facilities to manage the fallout from the closure of Silicon Valley Bank.
Economist Ed Hyman says it might be a good idea for the Fed to pause because of this financial shock
The Fed hiked rates eight times in the past 12 months and was expected to do so again on March 22.
Saudi Arabia launches new national airline
Saudi Arabia’s Crown Prince Mohammed bin Salman formally announced on Sunday the creation of a new national airline, Riyadh Air.
