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CNN CNN Newsroom June 4, 2024 13:07:00

Today, but it is before the federal appeals court in d. c and we are going to have to wait and see what they do. it will be. it will be a very big decision when it comes down. you got a lot of work ahead of you, caitlin. i have a feeling caleb poland s thank you so much for being with us. we turn now to the complicated dance to tame inflation. while there are all these banking concerns going on, and just about 20 minutes, we re going to see how us markets respond this morning to fed chair jerome powell s moved to raise interest rates. cnn chief business correspondent christine romans with us now, christine investors don t normally enjoy an interest rate hike. i guess it s the it s the nice way to put it when we look at futures. what are they telling you this morning, so if we can pull those up, they d stabilized here overnight, watching them all morning. as they as they trade in the premarket. as you said the stock market opens in about 20. three minutes now, but investors are still i ....

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CNN Early Start With Christine Romans June 4, 2024 09:12:00

Materialized. credit suisse s stock has dropped by two-thirds. it s immaterial, given that the bank will cease to exist. but ubs who has taken it over also down very sharply. and they expect not to turn a profit until 2027. they re going to take years to mark this up, christine. when you look at the shares overall in europe, when you look at the banking stocks, asia closed low. and the shares in the premarket, they re down. that s a bank we re watching in the u.s. another working weekend for regulators around the globe, bank regulators around the globe, and, frankly, for us. nice to see you, clare sebastian, thank you. just ahead, a defiant vladimir putin surprise visit to capture ukrainian territory. plus miami s mayor cracking down as spring break turns violent. and next, the trump ally ....

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CNN CNN Newsroom June 4, 2024 13:11:00

Been almost without precedent over the past few days. when you look at this bank-led bailout, i m going to call it a booster, actually, a bank-led booster of a rival bank it s remarkable here. some of the nation s biggest banks putting cash into the coffers of first republic to show that the system is safe, the system is solid and to make sure that this bank does not teeter anymore. so this has been remarkable and this has been led by jamie dimon jpmorgan chase and by the treasury secretary janet yellen putting together this package to show support for first republic and try to draw a line under what has been a tumultuous seven or eight days. the regional bank stocks, we will watch them closely today, they re leaning lower in the premarket. it s not existential, it s not worries about these going out of business, now it s worries about their earnings. they will have to cut dividends, they will probably have to raise the interest rates they pay you, the saver, as they re trying to ....

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Lucid shares stumble on dour EV production target as price war weighs

Shares of Lucid Group Inc slumped 10% in premarket trading on Thursday after the electric vehicle maker s 2023 production targets fell short of expectations amid waning demand and a price war. | February 23, 2023 ....

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Galera Therapeutics Shares Rise Premarket on FDA Priority Review

By Colin Kellaher

Shares of Galera Therapeutics Inc. jumped more than 10% in premarket trading Wednesday after the U.S. Food and Drug Administration granted priority review to its application. | February 15, 2023 ....

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