Business

Regulators initially said they'd only bail out banks if a collapse would create systemic risk and significant economic consequences.

Will federal regulators secure deposits at all failing banks like they did at SVB?

Philadelphia will pay more than $9 million in a record-breaking settlement with protesters who protested after George Floyd's death.

Philadelphia to pay George Floyd protesters $9.25M in settlement

Since the collapse of Silicon Valley Bank, the banking system is in turmoil. News of failed and struggling banks has left millions with questions about their money.

Why are banks collapsing and is your money safe in the bank?

Here's what happened over the course of two days that caused the spectacular collapse of Silicon Valley Bank, triggering global bank turmoil.

How Silicon Valley Bank collapsed in less than 48 hours

Federal regulators rescued uninsured deposits at SVB, but warned not all banks will get the same treatment. Here's how much of your money is safe.

Is your money safe in the bank after Silicon Valley Bank failure?

After former President Trump predicted his arrest today, law enforcement agencies are preparing for protests.

Trump reacts to new testimony, AI offers cancer cure: March 21 rundown

As banking turmoil spreads around the world, Switzerland's largest bank agreed to buy its struggling rival, Credit Suisse, for $3.25 billion.

Exclusive: Ex-Credit Suisse director says UBS deal could worsen bank contagion

The EPA plans to grant California a waiver that will allow the state to phase out diesel-powered trucks in attempt to curb truck pollution.

EPA to approve California’s diesel regulations

Former president Donald Trump is facing what he believes is his imminent arrest over alleged hush money payments to Stormy Daniels.

Trump expects arrest Tuesday; 20 years since Iraq War began: March 20 rundown

Ukraine will be receiving about a dozen fighter jets from Poland, with the first shipment set to arrive within the next few days.

Poland sending jets to Ukraine, another US airport close call: March 17 rundown

Silicon Valley Bank wasn't a household name before its collapse, but we have the household names that banked with SVB, from Roblox to Roku.

5 big names that banked with SVB before collapse, from Roblox to Roku

Tech companies are threatening to pull news articles from websites over Canada's Online News Act, which would force them to pay news publishers.

Google and Facebook could block news in Canada if Online News Act passes

San Francisco wants to pay black residents $5 million as reparation. But the state's NAACP chapter is a surprising critic.

San Francisco NAACP opposing $5 million reparations plan

The U.S. military has released a declassified video showing a Russian fighter jet colliding with a U.S. drone.

Drone crash video released, threat to ban TikTok: March 16 rundown

Sen. Elizabeth Warren is asking details from CEO Mark Zuckerberg about how the company moderates content during the Israel-Hamas conflict.

Silicon Valley Bank collapse spurs calls for changes by Congress

Days after two U.S. banks failed, a Swiss bank is now in crisis: Credit Suisse shares sank as much as 30% Wednesday, hitting a record low.

Why Credit Suisse is the latest bank to face trouble this week

TikTok has reportedly been discussing the possibility of a split from its Chinese parent company ByteDance.

TikTok considers split with ByteDance amid US committee review

Tyson Foods has announced plans to lay off nearly 1,700 employees and will be closing two chicken plants in May.

Tyson Foods will lay off 1,700 employees, close plants in AR, VA

A strong storm system blowing in from the northeast has dropped as much as three feet of snow in the Northeast.

Northeast buried in snow, aviation summit to address close calls: March 15 rundown

An electric vehicle company looking to build a factory in North Carolina has left residents fearful of losing their homes to eminent domain.

North Carolina to use eminent domain to acquire land for electric vehicle factory

According to the National Institute on Alcohol Abuse and Alcoholism, women are binge drinking more than men on college campuses.

Women are binge drinking more than men on college campuses

Meta has announced a fresh round of layoffs today. Over the next two months, It plans to let go of another 10,000 employees.

Facebook parent Meta to lay off another 10,000 employees

The DOJ is suing Rite Aid. They are accusing one of the largest pharmaceutical companies of contributing to the nation's opioid crisis.

‘Red flags’: DOJ sues Rite Aid over opioid crisis

Monthly consumer prices rose at the fast clip of 0.4% in February, and shelter was the biggest driver of inflation for the month.

Consumer prices keep surging in February, annual inflation at 6%