It’s the U.S., not Europe’s banking process that’s a problem, top economists say

Essential Factors

A central topic at the Ambrosetti Discussion board was the possible for even more instability in fiscal marketplaces arising from issues in the banking sector.
The collapse of U.S.-based Silicon Valley Financial institution and of quite a few other loan providers in early March prompted fears of contagion, bolstered by the unexpected emergency rescue of Credit score Suisse by Swiss rival UBS.

Supply

Finance

Morgan Stanley drops restrictions on which wealth clients can own crypto funds

October 10, 2025

Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]

Finance

Stocks making the biggest moves premarket: Applied Digital, Mosaic Levi Strauss & more

October 10, 2025

Check out the companies making headlines before the opening bell : Applied Digital — Shares surged 30% after the datacenter builder reported that revenue in its fiscal first quarter was up 84% from the comparable period in the prior year. Stellantis — The French-Italian-American automaker reported a 13% rise in third-quarter shipments, prompting shares to […]

Finance

Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’

October 10, 2025

Key Points Fed Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank needs to be careful amid conflicting economic signals. “I want to move towards cutting rates, but you’re not going to do it aggressively and fast, in case you make a big mistake on which […]