Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of Silicon Valley Bank is exactly why the Federal Reserve needs to halt its war on inflation.
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| News: What you need to know about the markets | | | | | | The Fed needs to stop raising rates now, former FDIC chair says after Silicon Valley Bank failure
| | Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of Silicon Valley Bank is exactly why the Federal Reserve needs to halt its war on inflation. Read more » | | | 'Absolutely idiotic'. SVB insider says employees are angry with CEO
| | The blame game is on for who caused Silicon Valley Bank's collapse, and the tech sector is pointing the finger at SVB CEO Greg Becker for allowing his company to go down in history as the second-biggest US banking failure on record. Read more » | | | Why Silicon Valley Bank collapsed and what it could mean
| | Silicon Valley Bank collapsed with astounding speed on Friday. Investors are now on edge about whether its demise could spark a broader banking meltdown. Read more » | | | Europe's banking stocks suffer biggest drop in a year
| | Investors dumped European bank stocks for a third straight day Monday, despite dramatic moves over the weekend by the US and UK governments to shore up confidence in the financial system following Friday's collapse of Silicon Valley Bank. Read more » | | | From Wile E. Coyote to edibles: Recession forecasts are getting weird
| | Understanding the economy is a complicated task, and even the experts are struggling to answer seemingly simple questions like "Are we on the brink of a recession?" or "Why isn't inflation falling faster?" Read more » | | | First Republic Bank stock plunges 60% as regional bank fears continue
| | First Republic Bank shares plunged by about 60% in premarket trading on Monday even after the regional lender announced steps to shore up its balance sheet. Read more » | | | | | | | | | |
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| | | -90.50 | | +49.95 | | -5.83 | | 31,819.14 | | 11,188.84 | | 3,855.76 | | -0.28% | | +0.45% | | -0.15% | | YTD -4.01% | | YTD +6.90% | | YTD +0.42% | | | |
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| Biggest Winners | | Newmont Corporation | +7.02% | | | | WEC Energy Group Inc | +4.10% | | | | Tyler Technologies Inc | +3.96% | | | | Digital Realty Trust Inc | +3.31% | | | Biggest Losers | | First Republic Bank | -61.83% | | | | Comerica Inc | -27.67% | | | | KeyCorp | -27.33% | | | | Truist Financial Corp | -16.99% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $74.66 | -2.02 / -2.63% | | | Gold | $1,918.90 | +51.70 / +2.77% | | | 10-yr | 3.51% | -0.18 | | | Euro | $1.07 | +0.00 / +0.44% | | |
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