U.S. stocks are following European markets lower, as Credit Suisse becomes the latest crisis underway for the banking sector. We’ll track all of the angles of the story for you, including what’s at stake for markets, the economy & your money.

Stocks are jumping today, as inflation data came in just as experts expected. And bank shares are soaring, as investors seem to think the worst is over. We’ll tell you how to position. Plus, Meta is cutting another 10,000 jobs, and leaving another 5,000 positions unfilled. And its no longer supporting NFTs. What does the future look like for Mark Zuckerberg’s company? We’ll explore.

We’re covering all of the angles of the Fed’s move to backstop depositors of the failed Silicon Valley Bank.

We’ll look at what’s happening with other regional banks, and the impact on bond yields, mortgage rates, crypto, China & more.

Plus, if failing banks get government backup, does that encourage the behavior that led to these issues in the first place? We’ll debate.

Silicon Valley Bank has been shut down after efforts to raise cash reportedly failed. The pressure is spreading through the banking industry. We’ll survey the damage being done to stocks, and ask an analyst what the contagion risk is too.

Plus, we added 311,000 jobs in February, much more than expected. But the unemployment rate rose, and wage growth slowed. Is the job market finally cooling? We’ll debate.

President Biden is expected to deliver his budget proposal today. The plan includes around $2 trillion dollars of tax hikes. But who will pick up the tab, and what will the money be spent on? We’ll break it down for you from all angles. Plus, Credit Suisse is delaying its 2022 annual report after a “late call” from the SEC. We’ve got the latest details, and all you need to know.

With yields soaring and stocks tumbling, many investors seem happy to take a 5% yield on a 3-month treasury bill.

But will those same people have a serious case of “FOMO” if stocks start to rally? We’ll debate.

Plus, we’ll look at the impact that rising rates are having on corporate balance sheets, and what it means for your money.

China is predicting modest growth for 2023. But wasn’t the country supposed to come roaring out of Covid lockdowns? We’ll explore that plus the renewed push for a TikTok ban in the U.S., and government scrutiny of investments in China. Plus, we’ll talk to a market watcher who says the economy is headed for a hard landing, so the Fed should just keep raising rates anyway.

Rates are on the rise. The 10-year yield is now above 4%, while mortgage rates are back above 7%. All while Fed officials are saying “higher for longer.”

How will this all play out for the economy and the stock market? We’ll ask the experts what it means for you & your money.

Plus, we’ll speak with a former NFL player who’s now making millions selling Pokémon cards in his second career.

Salesforce just reported a huge quarter, as shares surge and are single-handedly boosting the Dow today. Will it help CEO Marc Benioff fend off growing activist pressure? We’ll explore.

Plus, Macy’s is also on the rise after results – even though it’s echoing the cautious themes we’ve heard from other retailers this earnings season. Can retail stocks keep gaining amid a consumer slowdown? We’ll debate.

NBC’s Tyler Mathisen, Melissa Lee and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.