Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from FDIC

What Actually Happens to Your Money When a Bank Fails?

A bank failure sounds like the financial equivalent of someone pulling the fire alarm at two in the morning. Suddenly, everyone wants to know where the exits are and whether the money in the checking account just vanished. For customers of an FDIC-insured bank, however, the story usually looks much…

The Free Financial Advisor

Elon Musk launches X Money

The X platform, formerly Twitter, has moved another step closer to becoming an "everything app" by launching X Money for X Premium and Premium+ subscribers, allowing users to deposit funds, transfer money and pay bills directly within the official application.

Bangkok Post

Elon Musk's X Money Just Dropped a 6% Interest Bomb, Banks Could Be in Trouble

Elon Musk's X Money offers up to 6% APY and 3% cashback, but eligibility rules and Elizabeth Warren's warnings could make the platform's banking ambitions a major controversy.

International Business Times UK

From analysis to the latest developments in health,
read the most diverse news in one place.

FDIC Publishes 2026 Risk Review Covering Funding, Interest Rate, and Credit Risks Facing Banks

The Federal Deposit Insurance Corporation (FDIC) has released its 2026 Risk Review, an annual report examining the most significant risks facing the U.S. banking industry during 2025. The report focuses on three primary areas: funding risk, interest rate risk, and credit risk, providing an overview of how changing economic conditions…

The Free Financial Advisor

Best Places to Put Emergency Savings in 2026: 6 Options Beyond a Regular Savings Account

Emergency savings do not need to sit in one boring account forever. In 2026, savers have several places to keep cash accessible, earn interest, and potentially protect more of their money from inflation without tossing the whole emergency fund into the stock market roller coaster.

Everybody Loves Your Money

Keeping All Your Cash at One Bank? Here Are 5 Reasons to Reconsider

Keeping every dollar at one bank feels wonderfully simple. One app, one password, one debit card, one place to check when the bills need paying. Convenience matters, but putting all your banking eggs in one digital basket can create problems when something goes wrong.

The Free Financial Advisor

Colorado woman double checked the number when she got a call from the bank. Then, her entire life savings were gone

‘Once they got me into a state of panic, I was trusting of them.’

We Got This Covered

Read news from The Economist, FT, and more,
with one subscription

Bank Beneficiary Mistakes That Can Leave Families Sorting Out Money the Hard Way

Millions of Americans assume the money in their checking and savings accounts will automatically go to the people they intended after they die. But outdated beneficiary forms, missing payable-on-death (POD) designations, and misunderstandings about joint ownership can leave families facing unnecessary delays—or even send money to the wrong person. While…

Everybody Loves Your Money

7 FDIC Coverage Rules Couples Should Recheck Before Opening Trust or Joint Accounts

Opening joint or trust accounts often feels like a financial milestone for couples, but it also comes with details that can quietly shape how deposits are protected. The Federal Deposit Insurance Corporation sets clear rules on how coverage applies, and those rules change depending on ownership type, beneficiaries, and account…

The Free Financial Advisor

The best places to park your short-term investments

Yields are important, but so are liquidity considerations and guarantees

AAP

EDGE Markets Raises $29.2 Million Series A Funding Round

NEW YORK, June 8, 2026 /PRNewswire/ -- EDGE Markets, a financial services company that creates products for alternative financial markets in the gaming, crypto, and prediction markets space, announced today that it closed a $29.2 million Series A round. CoinFund led the round, alongside Indicator Ventures, Mantis VC, Stepstone Group,…

AAP

Should You Split Your Retirement Accounts to Reduce Cyber Risk?

AI and cyber threats to brokerages are growing. Will keeping your retirement funds in two or more institutions lessen your risk of getting wiped out?

Kiplinger

5 Questions To Ask a Bank Before Depositing Your Money

Money does not sit quietly in a bank account without consequences—it either grows, shrinks through fees, or stays protected depending on the institution. Many people focus only on convenience when choosing a bank, but smart savers dig deeper before moving a single dollar.

The Free Financial Advisor

US Market: Fed, FDIC push leaner, risk-focused bank supervision

US financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "material financial risks." This overhaul, the most substantial since the 2008 crisis, aims to streamline supervision by reducing reliance on subjective metrics like reputational risk and limiting the use of confidential directives…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

AAP

EDGE Markets Partners with zerohash to Enable Compliant Crypto Funding for EDGE Boost Accounts

NEW YORK, May 20, 2026 /PRNewswire/ -- EDGE Boost by EDGE Markets, a first-of-its-kind banking solution designed to support gaming, event futures and derivative markets in the U.S., announced today a partnership with zerohash to enable secure and compliant crypto-to-USD movement capabilities for users in all 50 states1. Through the…

The Economic Times

Is this why retirees still struggle despite a new Social Security COLA forecast? Two ways to earn 4% on your money before the COLA arrives

A projected 3.9% Social Security COLA adjustment is making headlines — but millions of retirees don't need to wait until October to protect their purchasing power. The projected Social Security COLA increase comes after inflation accelerated sharply during March and April. Prices are now rising at their fastest pace in…

MarketBeat

Chime Financial CEO Says Consumer Spending Holds Up as New Products Gain Traction

Chime Financial (NASDAQ:CHYM) co-founder and Chief Executive Officer Chris Britt said the company is seeing resilient consumer activity, stronger product engagement and early traction from newer offerings, even as investors continue to question the outlook for lower- and middle-income consumers. Sp

MarketBeat

Flagstar Bank Touts Turnaround Progress, Eyes Capital Returns as CRE Exposure Falls

Flagstar Bank, National Association (NYSE:FLG) executives said the company has made significant progress stabilizing its balance sheet and repositioning its business model, while acknowledging that the turnaround remains a work in progress. Speaking at an investor conference, Chairman and CEO Josep

Get all your
news in one place.

100's of premium titles.
One news app.

The Free Financial Advisor

How Many CDs Can You Have at One Bank? What FDIC Rules Actually Allow

Money parked in certificates of deposit often feels like the safest seat in the financial world—but even the safest seat comes with rules. Savers frequently stack multiple CDs at one bank to chase higher rates, build ladders, or segment their goals. That strategy works beautifully—until confusion about FDIC insurance creeps…

The Guardian - UK

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank

GOBankingRates

J.P. Morgan Predicts No Rate Cuts in 2026: Winners, Losers and the Dollar Impact

J.P. Morgan predicts no rate cuts this year. Who will gain and who will pay if the Federal Reserve doesn't cut interest rates in 2026? Find out more now.

Budget and the Bees

Staying with Your Current Bank Could Be Costing You 4% Interest This Year

Is your money sitting in a traditional savings account earning a measly 0.01 percent interest? It is a frustrating reality for millions of Americans who stay loyal to big banks while inflation eats away at their purchasing power. You might feel safe with a household name, but that loyalty is…

The Free Financial Advisor

4 Steps to Take if You Hold More Than $250K in One Bank

Money sitting in a bank should feel safe. Not “probably fine,” not “it’ll work out,” but locked-down, sleep-easy, zero-stress safe. That feeling disappears fast once a balance creeps past $250,000, because that number carries real consequences that too many people ignore until it’s too late.

MarketBeat

Why Upstart’s Bank Charter Bet Could Change Everything

Upstart Holdings is applying for a national bank charter to access low-cost deposits and reduce its reliance on third-party capital markets for loan funding.

The Independent UK

How to set and invest your emergency fund

Here’s how to figure out how big your emergency fund should be, and how you should invest it

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.