Goldman’s strong balance sheet basket is beating the market amid banking crisis. Here’s what’s in it
Stocks in the basket include Big Tech and pharmaceutical stocks.
Hedge-fund manager Nelson Peltz says the government should insure all bank deposits — for a price
Peltz’s proposed plan comes after uninsured deposits contributed to the failure of Silicon Valley Bank.
Virgin Orbit scrambles to avoid bankruptcy as deal talks continue
Virgin Orbit senior leadership held daily talks with potential investors through the weekend, people familiar with the matter told CNBC.
Amazon to lay off 9,000 more workers in addition to earlier cuts
Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff Monday.
Trump grand jury live updates: Expected indictment in payoff to porn star Stormy Daniels
Former President Donald Trump said he expects to be charged over a hush money payoff to porn star Stormy Daniels. Follow live updates on the grand jury probe.
The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe
Credit Suisse’s additional tier one bonds are set to be wiped out following the struggling bank’s takeover by UBS.
French government narrowly survives no-confidence vote amid backlash over pension changes
The government of French President Emmanuel Macron narrowly survived a no-confidence vote Monday evening.
Oil rebounds after Brent prices slipped under $72 per barrel amid banking turmoil
Oil prices rebounded and rose over 1% on Monday after diving to their lowest levels in 15 months amid turmoil in the banking sector.
‘Shotgun wedding’: What the UBS rescue of Credit Suisse means for global markets
Despite bold proclamations about a return to stability, the sale of Credit Suisse to UBS does not appear to have laid to rest contagion concerns.
Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in the traditional banking sector.
