Hillary Clinton criticizes House Republicans for using the debt ceiling as a political weapon, warning that it undermines the U.S.'s global credibility and plays into the hands of adversaries like Vladimir Putin and Xi Jinping, and warns of the potential danger of playing games with the debt ceiling to the U.S. dollar's pre-eminent position in the global economy.
Cal-Maine Foods, the largest U.S. egg producer, increased its revenue 109% while only selling 1% more eggs during the quarter ending February 25, 2023.
U.S. stocks plummeted Wednesday morning after bank concerns reached European markets, while investors are warning that the banking situation could worsen after the closures of Silicon Valley Bank and Signature Bank over the weekend.
CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday.
Home Depot co-founder Bernie Marcus believes the collapse of Silicon Valley Bank "will finally wake up" Americans to "understand that we’re living in very tough times."