U.S. banks are borrowing billions of dollars to maintain liquidity following the recent collapse of Silicon Valley Bank (SVB), data published by the Federal Reserve shows.
Sen. John Kennedy (R-LA) has argued that the Silicon Vally Bank (SVB) collapse, and the resulting banking crisis, could have been avoided.
BlackRock CEO Larry Fink has issued a warning to corporate America about the alleged threat to investments that “climate change” poses.
One of America’s leading audit firms, KPMG, is defending giving both Silicon Valley Bank (SVB) and Signature Bank a clean bill of health just days before they collapsed last weekend.
Republican 2024 presidential candidate Vivek Ramaswamy has called for the federal government to step back and allow the collapsed Silicon Valley Bank (SVB) to “fully fail.”
President Joe Biden has said that investors in the collapsed Silicon Valley Bank will “lose their money” because “that’s how capitalism works.”
Regulators have shut down New York’s cryptocurrency-focused Signature Bank in an effort to prevent the banking crisis from spreading.
A plan to use taxpayer money to help fund the new Ford electric vehicle battery plant in Michigan has been rejected by state legislators.
The Dutch government agreed to block the Chinese Communist Party (CCP) from gaining access to chip manufacturing technology.
The U.S. economy added 311,000 new jobs in February, according to the latest figures.