Here are the most important news items that investors need to start their trading day.
Credit Suisse is trying to fight back. The beleagured Swiss bank said it aims toas its share price falls and bets against its debt surge. It also plans to sell the storied Savoy Hotel, located in Zurich's financial district, which set off further alarm that the bank is trying to secure liquidity.
. He also ordered members of his Cabinet to review how pot is classified under federal laws. Right now, it's considered more serious at the federal level than fentanyl and is classifed at the same level of heroin, Biden noted:"It makes no sense." He also encouraged governors to follow his lead, as states increasingly legalize marijuana.
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