U.S. regulators toss out rules requiring banks to prepare for climate change

Key Points

Regulators are doing away with controversial regulations that required banks to plan for losses in the event of climate-related events, according to an announcement Thursday.
Trump administration officials have criticized the Fed for falling prey to mission creep, or exceeding the scope of its mandates for monetary policy and bank supervision.

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Finance

Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year

March 20, 2026

Key Points The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year. A correction is defined as a decline of more than 10% and less than 20% from a recent high. Small caps are especially sensitive to changes […]

Finance

Stocks making the biggest moves midday: SolarEdge Technologies, Super Micro Computer, FedEx & more

March 20, 2026

Check out the companies making the biggest moves midday: SolarEdge Technologies — The solar stock popped 14% following an upgrade to hold from underperform at Jefferies. “We are tactically upgrading SEDG to HOLD, as the escalating ME conflict is triggering a replay of the European energy security dynamics that ‘turbocharged’ SEDG’s business during the Russia-Ukraine […]

Finance

Fed Governor Waller urges caution for now, says rate cuts possible later in the year

March 20, 2026

Key Points Federal Reserve Governor Christopher Waller on Friday expressed caution about current conditions but still sees the opportunity for interest rate cuts as the year goes on. In a CNBC interview, the policymaker said “if things go reasonably well and the labor market continues to be weak, I would start advocating again for cutting […]