Shares of Starlink competitor Viasat pop more than 10% on Deutsche Bank upgrade

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  The probability of a recession is approaching 50%, Deutsche markets survey finds

  Chances that the U.S. is heading for a recession are close to 50-50, according to a Deutsche Bank survey that raises more questions about the direction of the U.S. economy.
  
  NBC News - 1d
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  Deutsche Bank reviews Canary Wharf presence

  Exit or reduction in floorspace would mark latest retreat from docklands office district
  
  Financial Times - Mar. 14
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  Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live

  Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...
  
  The Guardian - Mar. 10

• The crisis at IndusInd, India’s fifth-largest private bank

  Also in this newsletter: Starlink set to enter India and inflation cools off
  
  Financial Times - Mar. 14

• Reddit rallies after three-day slump as analyst calls sell-off 'excessive'

  Reddit shares rose more than 10% following an analyst note on Tuesday that said the company's shares remain "extremely attractive."
  
  CNBC - Mar. 11

• An analyst upgraded Eaton to buy. Jim Cramer says the call is exactly right

  Shares of Eaton rose more than 3% on Wednesday.
  
  CNBC - Mar. 12

• Wells Fargo’s stock dips even as analyst proclaims ‘good entry point’ for investors

  RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff — but it continued to fall along with most bank stocks Thursday.
  
  MarketWatch - Mar. 13

• Wall Street’s No. 2 bull holds his ground. The logic? Trump’s popularity could get worse.

  Deutsche Bank is now alone with the second-highest S&P 500 price target on Wall Street.
  
  MarketWatch - Mar. 18

• USDA cuts funding for school, food bank programs

  The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...
  
  CBS News - Mar. 13

More from CNBC

• Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion

  China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.
  
  CNBC - 8h

• Recession is coming before end of 2025, generally 'pessimistic' corporate CFOs say: CNBC survey

  The US economy will enter a recession in 2025, with Trump's tariffs leading top corporate CFOs to 'pessimism' and less spending, according to a CNBC survey.
  
  CNBC - 9h

• With 23andMe entering bankruptcy, here's how to delete your genetic data

  Now that 23andMe has filed for bankruptcy, another company could take control of its genetic database.
  
  CNBC - 4h

• Consumer confidence in where the economy is headed hits 12-year low

  Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.
  
  CNBC - 2h

• Google quantum exec says tech is '5 years out from a real breakout'

  Julian Kelly, Google Quantum AI's director of hardware, told CNBC quantum computers may only be about five years from a breakthrough.
  
  CNBC - 3h

More in Business

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  Frank Bisignano, Trump’s Pick to Lead Social Security Administration, Faces Senators

  Frank Bisignano, who pledged to improve customer service, told Senate Democrats he had “never thought about” making the agency private.
  
  The New York Times - 16m
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  US proposes new critical minerals deal to Ukraine, says Zelenskyy

  Kyiv says Washington’s proposal would be ‘grand agreement’ but does not include taking over nuclear power plants
  
  Financial Times - 1h

• GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy

  GameStop's foray into cryptocurrencies marks the latest effort by CEO Ryan Cohen to revive the struggling brick-and-mortar business.
  
  CNBC - 1h
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  Reeves to unveil £2.2bn UK defence spending boost in Spring Statement

  Money for increase from April will come from aid budget and backup funds
  
  Financial Times - 1h

• Consumer confidence in where the economy is headed hits 12-year low

  Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade.
  
  CNBC - 2h