Parent of Silicon Valley Bank seeks bankruptcy protection
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
First Republic receives $30-billion rescue from 11 large banks
Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.
Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.
Egg prices still up 55% over last year despite slight reduction in February
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
Silicon Valley Bank items hit eBay days after collapse
One listing is already being auctioned for over $200.
One listing is already being auctioned for over $200.
'I'm feeling helpless and unmoored': Etsy sellers go unpaid after Silicon Valley Bank collapse
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Biden tells US to have confidence in banks after 2 collapse
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
Silicon Valley Bank crisis: Feds move in to help
In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.
In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.
US government says all Silicon Valley Bank clients will have access to funds
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
Judge orders man to pay ex-wife over $200K for 25 years of housework
The woman claimed her dedication to the housework left her without career prospects.
The woman claimed her dedication to the housework left her without career prospects.
Cashing In: US economy adds 311,000 jobs in February
Financial expert Dan Roccato breaks down the latest jobs report, which shows a strong labor market as the U.S. added 311,000 last month.
Financial expert Dan Roccato breaks down the latest jobs report, which shows a strong labor market as the U.S. added 311,000 last month.
Utah bank robber steals $1, demands to go to federal prison: report
The suspect took the money and refused to leave the bank, Utah police said.
The suspect took the money and refused to leave the bank, Utah police said.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Savings window opens: Today's 30-year mortgage rates dive to 13-day low | March 10, 2023
Check out the mortgage rates for March 10, 2023, which are largely down from yesterday.
Check out the mortgage rates for March 10, 2023, which are largely down from yesterday.
Man finds winning lotto ticket in drawer days before it expires with wife's help
The man forgot about his winning lottery ticket until his wife saw a news story about it and reminded him to look for it.
The man forgot about his winning lottery ticket until his wife saw a news story about it and reminded him to look for it.
Half of Americans say they're financially worse than last year: survey
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
How to buy a home with a low credit score
Several loan options are available for homebuyers with poor or fair credit. Here's what to expect when buying a home with a low credit score.
Several loan options are available for homebuyers with poor or fair credit. Here's what to expect when buying a home with a low credit score.
Adidas figuring out what to do with all their Yeezy shoes after split with Ye
The company's CEO said Wednesday that selling the popular line of shoes would mean paying royalties to Ye. He says destroying them could raise "sustainability issues,” while restitching them for resale “is not very honest.”
The company's CEO said Wednesday that selling the popular line of shoes would mean paying royalties to Ye. He says destroying them could raise "sustainability issues,” while restitching them for resale “is not very honest.”
Americans feeling most pessimistic about financial future since 2010, survey shows
Just 31% of Americans expect their personal financial situation to improve over the next year.
Just 31% of Americans expect their personal financial situation to improve over the next year.