The fallouts of SVB and Signature Bank are still rippling through the regional bank sector, but one bank is faring better than most of its peers. Univest Financial CEO Jeffrey Schweitzer explains his bank's outlook. Plus, Apple is officially making its latest venture into financial services with the launch of its Buy Now, Pay Later service. Zilch CEO Philip Belamant discusses the impact on his payment business. And, Micron reported its worst quarter in history yesterday, but shares are still higher in the pre-market. CFRA's Angelo Zino breaks down the impact on the chips sector ..read more

U.S. lawmakers are kicking off two days of hearings on Capitol Hill today to investigate the collapses of Silicon Valley Bank and Signature Bank. Former Deputy Treasury Secretary Sarah Bloom Raskin weighs in on what to expect. Plus, BlackRock says markets are wrong about the Federal Reserve's rate hiking campaign as the central bank remains firm in its fight against inflation. Horizon Investments' Zachary Hill gives his take. And, DoubleLine Capital CEO Jeffrey Gundlach says a recession is imminent as turmoil in the banking sector rolls on. Payne Capital Management's Courtney Garcia discusses ..read more

First Citizens Bank will buy a large chunk of Silicon Valley Bank as concern over the global banking crisis continues to weigh on Wall Street. Rathbone Investment Management's Ed Smith and JMP Securities' Devin Ryan explain the outlook. Plus, the tech sector has been among the major winners so far this year, with the Nasdaq up 13%. Sanlam Investments' Hannah Gooch-Peters discusses the recent performance. And, investors are gearing up for the latest read on PCE, the Fed's preferred gauge of inflation. Palumbo Wealth Management's Phil Palumbo and Rose Advisors at Hightower's Patrick Fruzzetti br ..read more

Oil prices are falling today following yesterday's losses and amid continued selling in the equity markets. RBC Capital Markets' Helima Croft explains the latest moves. Plus, ahead of the spring housing market, what are the best stocks in the sector to buy? UBS' John Lovallo gives his picks. And, investors are facing yet another bumpy ride for the markets this week, with fresh comments from Janet Yellen on the banking crisis injecting new volatility. Investopedia's Caleb Silver discusses what he's seeing among retail investors ..read more

The Fed is projecting just one more interest rate increase this year, but Jay Powell says recent failures in the banking sector could cause ripple effects. The New York Times' Jeanna Smialek explains the road ahead. Plus, the CEO of TikTok is heading to Capitol Hill today, where he'll face a grilling over user safety and data security. Vox's Sara Morrison discusses what to expect. And, what is the current state of the housing market ahead of the spring selling season? Beazer Homes CEO Allan Merrill weighs in ..read more

The Fed is preparing to release its latest policy decision today, with a majority of interest rate traders betting on a quarter point hike despite the ongoing turmoil in the financial sector. NatWest Markets' Michelle Girard explains her expectations. Plus, lumber prices are well off peak-pandemic territory, but with housing supply short of demand, could we be in store for some more price pain? Sherwood Lumber CEO Kyle Little weighs in. And, top of mind for Wall Street is the Fed's balancing act between its fight against inflation and its response to the global banking crisis. The Glenview Tru ..read more

The Federal Reserve kicks off its two-day policy meeting today, with a decision due out at 2:00 PM ET tomorrow. RBC Capital Markets’ Tom Porcelli lays out what to expect. Plus, housing affordability is an especially critical factor now given the ongoing wild ride in mortgage rates amid the Fed’s rate hiking campaign and fresh stresses in the global banking system. Freedom Mortgage CEO Stanley Middleman breaks down the spring housing market. And, new research shows there were record flows in money market funds last week as investors look for a safe haven from market volatility. Principal Asset ..read more

UBS says it will buy embattled investment bank Credit Suisse for more than $3 billion and assume more than $5 billion in losses. Financial Times’ Arash Massoudi explains the latest. Plus, regulators are looking to shore up investor confidence in regional banks across the United States. Argus Research’s Stephen Biggar and Piper Sandler’s Stephen Scouten discuss the latest developments. And, ahead of what has historically been the busiest time for housing, what does the demand picture look like? Housing Wire’s Logan Mohtashami weighs in ..read more

It's been a wild week for Wall Street, with attention front and center on the global banking crisis. Vanity Fair's Bethany McLean explains how we got where we are today. Plus, mega-cap tech is outperforming the broader markets, as AMD, Meta, and Alphabet lead with strong gains. Hargreaves Lansdown's Sophie-Lund Yates looks for opportunity in the sector. And, a new report from Just Capital shows sizable progress in corporations pulling back the curtain on the diversity of their workforces. Just Capital's Alison Omens breaks down the key takeaways ..read more

First Republic Bank is weighing options to shore up liquidity as more regional banks feel the pressures of the SVB collapse. Old National Bank CEO Jim Ryan explains how his team is moving forward. Plus, FedEx is out with earnings today after the bell, with cost-cutting a key focus for investors. BofA Securities' Ken Hoexter discusses what to expect. And, the crisis at Credit Suisse is adding to volatility in the broader markets. Howard Capital Management's Vance Howard and RBC Capital Markets' Amy Wu Silverman weigh in on the situation ..read more