Something broke, but the Fed is still expected to go through with rate hikes
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.
CNBC US News
Federal judge shares date of abortion pill hearing after media outlets criticize him for secrecy
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 Health Administration will cover Alzheimer's treatment Leqembi, Eisai says
Veterans with early Alzheimer's who meet certain VHA criteria can get the treatment covered, according to drugmaker Eisai.
Former Trump lawyer Michael Cohen testifies to grand jury for three hours, will return Wednesday
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 pop 7% after Cowen upgrades stock, saying it 'will be a leader' in RSV vaccines
Moderna shares closed nearly 7% after TD Cowen upgraded the stock, saying the company will "be a leader" in the RSV vaccine market.
GitLab loses one-third of its value after software company issues weak revenue forecast
GitLab posted 58% revenue growth in the latest quarter, but its guidance for fiscal 2024 missed analysts' estimates.
There's a quicker, cheaper way to go to college, but fewer students are trying it
In some cases, students can complete an associate's degree by the time they finish high school, a type of dual enrollment known as "early college."
Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks
Eliminating the exclusivity clause of the agreement would allow Rivian to court new customers as it works to ramp up production and seeks a cash infusion.
First Republic tells CNBC the bank isn't seeing that many depositors leave, JPMorgan funding working
Jim Herbert, First Republic's executive chairman, told Cramer that the bank was not seeing massive outflows of deposits and was operating as usual.
Watch now: ETF Edge on active strategies amid the SVB fallout
SpaceX says it will test Starlink's satellite-to-cell service with T-Mobile this year
SpaceX plans to begin testing its Starlink satellite-to-cell service with T-Mobile "this year," an executive of Elon Musk's company said on Monday.
ChatGPT and generative AI are booming, but the costs can be extraordinary
It can cost millions of dollars to train and operate generative AI technologies like ChatGPT, which are being subsidized by tech companies and VCs.
GOP presidential contenders cast blame for Silicon Valley Bank collapse
While Trump slammed Biden and Democrats, Florida Gov. Ron DeSantis suggested that diversity, equity and inclusion initiatives were to blame for SVB's failure.
Biden Interior approves controversial Alaska oil drilling project
The $8 billion Willow project in Alaska, led by the state's largest crude oil producer, would produce about 600 million barrels of oil over 30 years.
Biden administration urges Congress to ban airlines from charging families to sit together
The Biden administration has taken aim at add-on fees across the travel and entertainment industries.
Former Trump lawyer Michael Cohen to testify to grand jury in Stormy Daniels payoff probe
If Donald Trump is charged in connection with a hush money payment to porn star Stormy Daniels, he will be the first U.S. president to face criminal charges.
Inflation isn't dampening people's desire to travel — but travel companies may be missing a trick
Inflation and higher living costs may be weighing on consumers' wallets, but there's one area many are unwilling to cut back on: their desire to travel.
U.S. government steps in and says people with funds deposited at SVB will be able to access their money
Banking regulators devised a plan Sunday to shore up deposits at Silicon Valley Bank, a critical step in stemming a feared panic.
Auction process is reportedly underway to find a buyer for Silicon Valley Bank
Federal regulators are exploring selling Silicon Valley Bank to another financial institution after the tech-focused bank was taken over on Friday.
Here's what could happen next for Silicon Valley Bank customers
Regulators are exploring ways to restore the uninsured deposits after the U.S. suffered its largest bank failure since 2008.
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