The predictions of new record highs mark a more optimistic outlook than in January when industry executives told CNBC they expected 2023 to be a year of caution.
Treasury Secretary Janet Yellen has not discussed or considered any plans to guarantee all bank deposits following the Silicon Valley Bank collapse, she said.
In his new book, "Poverty, by America," Matthew Desmond says that poverty persists in the U.S. because many Americans and large companies profit from it.
Switzerland has approved plans to legalize the sale and consumption of cannabis in Zurich in a trial designed to assess the economic and social benefits of regulating the drug.
Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a controversial part of the lender's emergency sale to UBS.
Chinese tech giant Tencent reported Wednesday better-than-expected quarterly revenue, helped by growth in ads within its growing "video accounts" business.
A witness told CNBC the driverless Cruise vehicles did not appear to detect and avoid the caution tape and bus wires, and instead became "tangled in them."
"The Fed is not really giving enough credence to the idea that tighter credit means things weaken in a fairly quick manner," Wells Fargo's Mike Schumacher says.
FDA advisors voted against the effectiveness of Biogen's investigational ALS drug, which could become the first to target a genetic cause of the disease.