Closing Bell Overtime: Treasury Secretary Yellen On Debt Ceiling, Banking Crisis And Recession Risk 5/8/23
Secretary Yellen joined in a live interview, saying she can\u2019t rule out a recession but doesn\u2019t think it\u2019s the most likely path for the US economy. She also said there are no good options if the debt ceiling isn\u2019t raised. Markets ended the session little changed. Miller Tabak\u2019s Matt Maley and Cantor Fitzgerald\u2019s Eric Johnston break down the market action. Earnings from PayPal, Palantir, Lucid. Unlimited CEO Bob Elliot on the latest developments in the regional banking crisis. Our Julia Boorstin previews CNBC\u2019s Disruptor 50.