P.M. Edition for March 21. U.S. consumers, already saddled with high inflation and higher borrowing costs, are facing another challenge: turmoil in the banking sector. National economics reporter Gabriel T. Rubin says that if consumers really pull back, economic activity may suffer. Plus, Moscow bureau chief Ann M. Simmons reports on the summit between Chinese leader Xi Jinping, and Russian President Vladimir Putin. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for March 21. Swiss lender UBS has one fewer rival and more clients among the world's wealthy after its whirlwind rescue of Credit Suisse. But it's also left holding Credit Suisse's legal baggage and bearing the weight of being an even more systemically important financial institution. Journal reporter Margot Patrick outlines the challenges and opportunities that could await UBS. Plus, WSJ editor Alex Frangos explains what investors are watching as the Fed kicks off a two-day policy meeting. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for March 14. A little-known type of financial instrument called contingent convertible bonds, or CoCos, could play a big role in the banking crisis. Markets reporter Matt Wirz explains. Plus, senior special writer Ruth Simon discusses how the crisis is hitting small business owners. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

A.M. Edition for March 20. Investors are assessing the risk of contagion after Swiss authorities last night orchestrated a deal for UBS to take over beleaguered bank Credit Suisse for more than $3 billion. The deal has been welcomed by regulators, but it may not be enough to assuage investors with stock markets in Asia and Europe down today. WSJ markets editor Quentin Webb and banking reporter Patricia Kowsmann discuss the markets’ reaction and the risks behind the deal. Sandra Kilhof hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for March 17. U.S. stocks fell, after First Republic suspended its dividend, despite a rescue attempt by big banks. Earlier, the parent company of Silicon Valley Bank filed for bankruptcy. Economics news editor Eric Morath discusses whether the bank crisis increases the odds of a recession. Plus, the International Criminal Court issues an arrest warrant for Russian President Vladimir Putin. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices