CNBC Top Stories

Asia-Pacific's leading index erased its year-to-date gains and is now flat in 2023 as bank stocks led declines Tuesday.

Industry experts are optimistic that fundraising for Southeast Asian tech startups will keep flowing and won't be impacted by the collapse of SVB.

There are two main reasons why U.S. stock markets are more attractive for new listings, analysts said.

The average rate on the popular 30-year fixed mortgage dropped to 6.57% Monday, according to Mortgage News Daily.

Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace.

The 2-year Treasury yield to doing something that hasn't happened since 1987 due to the Silicon Valley Bank meltdown, according to Evercore ISI.

A California appeals court reversed a lower-court ruling that had found Proposition 22 unconstitutional.

Schwab defended its financial position, reiterating that it has plenty of access to liquidity and a low loan-to-deposit ratio.

Pfizer CEO Albert Bourla said it will deliver Seagen's cancer therapy to the world at a scale that hasn't been seen before with its $43 billion acquisition. 

"Investors in the banks will not be protected," Biden said. "They knowingly took a risk and when the risk didn't pay off, the investors lose their money."

The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.

Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.

While Gundlach sees more tightening ahead, he doesn't think that's the appropriate response right now as regulators' rescue programs are inflationary in nature.

These are the stocks posting the largest moves in extended trading.

A coalition of physicians who oppose abortion asked the judge in November to order the FDA to withdraw its approval of the abortion pill mifepristone.

Veterans with early Alzheimer's who meet certain VHA criteria can get the treatment covered, according to drugmaker Eisai.

A 2016 hush-money payment to porn star Stormy Daniels is the focus of a New York criminal probe of former President Donald Trump.

Moderna shares closed nearly 7% after TD Cowen upgraded the stock, saying the company will "be a leader" in the RSV vaccine market. 

First Republic Bank led a decline in bank shares Monday that came even after regulators' extraordinary actions Sunday evening.

In the wake of the collapse of Silicon Valley Bank, financial stocks are under pressure as the market assesses the ongoing fallout and impact on other lenders.