Marketplace Minute

UBS agrees to purchase Credit Suisse; Fed, central banks agree to new plan to prop up banks; Big parts of failed Signature Bank are sold off, as First Republic’s credit rating falls further To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Stocks fall; manufacturing output mixed; consumer sentiment falls; Meta rolls out subscription service To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

SVB Financial, which no longer includes the bank, filed for chapter 11 bankruptcy protection; The Fed has provided $300 billion in emergency financing to banks; Consumer sentiment weakened in March, survey finds; French workers protest pension age increase To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

The Fed has lent banks $300 billion in the last week to shore up their finances; Treasury Secretary Yellen says banking system remains sound; First Republic gets $30 billion in help from other banks To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Stocks rise; move meant to restore confidence in bank’s balance sheet; housing starts rise; unemployment claims fall To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Housing starts and permits for future building increased; Import prices decline on drop in energy prices; Initial jobless claims fall below 200,000 again; ECB raises rates by .50% despite bank sector turmoil To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Credit Suisse is borrowing $54 billion from the Swiss national bank; U.S. asks TikTok owner to sell off video app, reports say; Kellogg unveils names of two companies after split To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Stocks close mixed; Commerce Department revises January retail sales higher; Switzerland’s central bank prepared to provide Credit Suisse with liquidity; producer prices fall To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Credit Suisse’s largest shareholder declined further investment; European bank stocks plummeted; February wholesale prices fell 0.1 percent; February retail sales fell 0.4 percent To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

The class action says investors were left in the dark over the bank’s interest rate risks; DOJ, SEC are investigating SVB’s collapse, reports say; Company behind ChatGPT is releasing an updated version - March 15, 2023 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices