Bank stocks are tumbling as concerns about bad loans at regional banks have worried global investors. CNBC’s Leslie Picker reports on the selloff and what’s driving it. Charles Schwab CEO Rick Wurster discusses the health of the U.S. lending ecosystem and his own firm’s record quarter, including Gen Z appetite for retail investing and growing demand for alternative assets. CNBC’s Steve Liesman breaks down the latest CNBC All-America Economic Survey, and Eamon Javers reports on Treasury Secretary Scott Bessent’s meeting with China’s Vice Premier amid tense trade talks. Plus, a new partnership with Meta boosts Ray-Ban maker EssilorLuxottica’s sales by nearly 12%.
In this episode:
Steve Liesman, @steveliesman
Eamon Javers, @eamonjavers
Leslie Picker, @LesliePicker
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Cameron Costa, @CameronCostaNY
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