Board Gains News Today : Breaking News, Live Updates & Top Stories | Vimarsana

hello. we'll have much more on our breaking news here in just a moment. a russian jet striking a u.s. drone over international waters in the black sea. first, though, today, a collective sigh of relief after the latest inflation numbers and a market rally have the u.s. stepping back from the brink of economic disaster. inflation has cooled for the eighth straight month with the consumer price index at a level we haven't seen since september of 2021. that doesn't mean the prices are back to normal. any trip to the grocery store makes that very clear. but overall they are trending in t...

Makes here, right? first republic was under serious pressure and now it is leading the market rally. what is going on? the worst over? >> let's hope so. it does seem like cooler heads are prevailing. let's look at the bank stocks. regional banks got clobbered yesterday. first republic was down 62% yesterday alone. look at this. up 48%. we're seeing across the board gains, western alliance, all of them moving higher. this is encouraging. remember, banking and finance, this is really a confidence game. when people are not confident, they will take out their deposits. unfortunately that is what w...

Help me and my peeps is getting hosed! >> i love that one. that is a very good rhyme. futures are higher this morning because the hope there is some sort of a short-term deal. even the whiff of a short-term deal and kicking the can 15 inches down the road is good enough here to get the stocks higher and avert ago financial crisis by not raising the debt ceiling is what they are hoping for here. stock futures across the board gains right now. the dow 92 points and if it keeps building a triple digit move higher. word that house gop leaders will meet with president obama for the first time since...

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