Stocks opened lower in Tuesday's session on concerns over higher oil prices and after Monday's earnings report from Oracle that showed revenue came in weaker than expected.
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Retail sales fell in February dragged by lower spending at restaurants and on vehicles.
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Goldman Sachs cut its outlook for economic growth this year, pointing to troubles in the banking sector.
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Caleb Silver, editor-in-chief of Investopedia, joined Cheddar News to explain the risks in the banking sector after the recent turmoil with Silicon Valley Bank and the news that Credit Suisse's biggest backer said it wouldn't provide further financial help.
T-Mobile Buys Ryan Reynolds-Owned Mint Mobile
T-Mobile has entered into an agreement to acquire the parent company of Mint Mobile, a direct-to-consumer prepaid wireless company partially owned by actor Ryan Reynolds.
Mortgage Applications Rise but Still Lag Behind 2022 Pace
Mortgage applications jumped 6.5 percent from a week ago, according to a weekly survey from the Mortgage Bankers Association (MBA), even as they remain well below their pace a year ago.
DOJ, SEC Open Probes Into Silicon Valley Bank Collapse
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Google Unveils Health Updates at ‘The Check Up’ Health Event
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'Buyer Beware': Warning to Trade With Caution Amid Short-term Trading Volatility
Ed Egilinsky, Managing Director, Head of Sales and Distribution & Alternatives at Direxion, joins Cheddar News to discuss trading bank volatility, how traders can navigate the race in the A.I. space, and how traders are reacting to the most recent economic data.
Cheddar Afternoon News Briefings of March 15th
Cheddar Afternoon News Briefings
