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

Former Fed Governor Larry Lindsey withdraws name for Fed chair

October 9, 2025

Key Points Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday. President Trump is considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May. Source

Finance

Stocks making the biggest moves midday: Oracle, Ferrari, Delta, Albemarle and more

October 9, 2025

Check out the companies making the biggest moves in midday trading: Oracle — Shares of the software company rose more than 3% on Thursday after Baird initiated coverage with a outperform rating and a $365 price taget. The firm said Oracle has a strong position in the artificial intelligence growth story. The stock has had […]

Finance

Stocks making the biggest moves premarket: Ferrari, PepsiCo, Delta, Akero Therapeutics and more

October 9, 2025

Check out the companies making the biggest moves in premarket trading: Ferrari — The luxury carmaker tumbled nearly 14% after it trimmed its electrification targets . Ferrari said it expects its 2030 sports car model line-up to be made up of 40% internal combustion engine cars, 40% hybrid and 20% fully electric vehicles. That’s down […]