ECB raises rates as Lagarde warns of ‘more ground to cover’
Central bank president hints at further increases to bring inflation down after 0.25 point move...
Month : May 2023
Regional bank stocks continue to slide on Thursday with PacWest leading the way down 40%
Thursday’s moves come less than a week after First Republic was seized by regulators and sold at a discount to JPMorgan Chase....
European Central Bank set to slow rate hikes as financial conditions tighten rapidly
The new economic figures both strengthen the case for the ECB to only hike rates by a smaller amount at is policy meeting....
PacWest explores potential sale after shares plummet 50%
California lender is latest to seek financial lifeline amid worst industry crisis since 2008...
UK competition watchdog launches review of AI market
CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT...
How Netflix And YouTube Changed Entertainment Forever | CNBC Marathon
From Netflix and YouTube to AMC, CNBC Marathon explores the future of entertainment. Over the past 25 years, Netflix revolutionized the film and television industry....
