CNBC Top Stories

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.

U.S. President Joe Biden, U.K. Prime Minister Rishi Sunak and Australian Prime Minister Anthony Albanese came to the agreement at a meeting in San Diego, Calif.

Cryptocurrencies rose even after regulators Sunday announced the closure of Signature Bank, the last major crypto bank after Silvergate.

There's still an opportunity to sell Silicon Valley Bank according to the official, saying that's not off the table.

Regulators announced they'd back deposits at Silicon Valley Bank and Signature Bank on Monday. It's 'not the end of the world,' experts say.

GitLab posted 58% revenue growth in the latest quarter, but its guidance for fiscal 2024 missed analysts' estimates.