Money Report

The mortgage industry is now trying to factor climate risk into its residential underwriting, but the task is enormous and complicated.

WASHINGTON — The top Republicans on committees that oversee the U.S. financial system sent letters Monday to Federal Reserve Chair Jay Powell and FDIC Chair Martin Gruenberg formally requesting documents and personnel records related to the oversight of two banks that failed over the last 11 days. The lawmakers wanted “full information about ...

Banks will likely tighten lending after the collapse of Silicon Valley Bank and Signature Bank, experts said. It may be harder or more costly to get a loan.

The FDA staff on Monday said Biogen’s investigational ALS drug tofersen may have a “clinical benefit” on a rare and aggressive form of the disease.

Older generations are spending more, thanks to a record high Social Security cost-of-living adjustment for 2023. But benefits may not increase as much in 2024.

The collapse of Silicon Valley Bank and the banking crisis provide “a great case study” for clients, advisor says. Here’s what investors need to know.

JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources tell CNBC’s David Faber.

Donald Trump has denied raping the writer E. Jean Carroll in a dressing room of a New York department story in the mid-1990s.

DeSantis is widely expected to be gearing up for his own 2024 Republican presidential bid, and could become former President Trump’s top party rival.

First Republic fell sharply once again, while UBS popped after acquiring rival Credit Suisse.

Illumina pushed back against Carl Icahn’s proxy fight over the Grail deal, saying it’s committed to maximizing shareholder value as it works with regulators.

Jeffrey Epstein, whose former friends included Donald Trump and Bill Clinton, was a JPMorgan Chase client and owner of property in the Virgin Islands.

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to…