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Fed Official: SVB Itself was Main Cause of Bank's Failure
The nation's top financial regulator is asserting that Silicon Valley Bank's own management was largely to blame for the bank's failure.
Binance and Founder Changpeng Zhao Sued by CFTC
Binance and its founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission for numerous alleged violations of the Commodity Exchange Act and CFTC regulations.
Liz Weston: Should You Rent in Retirement?
Some people rent in retirement because they don't have much choice; They can't afford to own homes. But financial planners say renting can make more sense than owning in some circumstances.
Doing the Bare Minimum with Debt Can Cost You
When it comes to debt, inertia can cost you, especially with average credit card interest rates reaching 20.4% as of last November.
Debt, Expenses Stress Lower Income Households: AP-NORC Poll
Personal finances are a major source of stress for about half of the lower income households in the U.S., illustrating the toll of high inflation and economic uncertainty on those who can least afford it.
Bank Failures and Rescue Test Yellen's Decades of Experience
Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy.
Fed's Unwanted Ally in Bid to Tame Inflation: Credit Crunch
The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: A cutback in bank lending.
Bitcoin Mining's Evolution: Past, Present, and Future
You may be familiar with Bitcoin, but how many of you have considered how it is created? Fasten your seatbelts and get able to fall into the Bitcoin black hole.
Lindsay Lohan, Other Celebs Settle with SEC over Crypto Case
Actress Lindsay Lohan and other celebrities agreed to pay tens of thousands of dollars to settle claims they promoted crypto investments to social media followers without disclosing they were being paid.
Fed Raises Key Rate by Quarter-point Despite Bank Turmoil
The Federal Reserve extended its fight against high inflation by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen turmoil gripping the banking system.
Fed Facing a Blurrier Outlook as It Meets to Weigh Rate Hike
The Federal Reserve is grappling with a hazier economic picture, clouded by turmoil in the banking industry and still-high inflation, just as it meets to decide whether to keep raising interest rates.
WH Economic Report: Money for Child Care Would Help Growth
The White House is making the case for more government support for child care programs in an economic report noting additional spending would improve kids' lives and enable more women to hold jobs.
Army of Lobbyists Helped Water Down Banking Regulations
The rollback was was leveraged with a lobbying campaign that cost tens of millions of dollars and drew an army of hundreds of lobbyists into the effort. It also was seeded with ample campaign contributions.
Will Americans End Up Footing the Bill for Bank Failures?
The government's response to the failure of two large banks has already involved hundreds of billions of dollars. So will ordinary Americans end up paying for it, one way or another?
Millennial Money: Job Plus a Side Gig? Avoid These Mistakes
Before you get your hands dirty in the sometimes chaotic combination of formal employment and entrepreneurship, here are a few pitfalls to avoid.
Silicon Valley Bank Collapse Concerns Founders of Color
In the hours after some of Silicon Valley Bank's biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members.
Kimberly Palmer: How to Fight the 'Pink Tax' Amid Inflation
The phenomenon known as the "pink tax," when products and services aimed at women cost more than their counterparts aimed at men, is well-documented across many goods and services
Yellen Declares Bank System Sound, as New Rescues Ordered
Treasury Secretary Janet Yellen offered firm reassurances to rattled bank depositors and investors Thursday, even as American financial institutions and European agencies ordered fresh rescue efforts.
Claims Falsely Link 'Woke' Policies to Bank's Demise
As Wall Street reels from the swift demise of Silicon Valley Bank — the biggest American bank failure since the 2008 financial meltdown — some social media users are honing in on a single culprit.
Is My Money Safe? What You Need to Know about Bank Failures
The recent failures of Silicon Valley Bank and Signature Bank, which catered mostly to the tech industry, may have you worried about your money.