The Latest Breaking News from Silicon Valley

As they say, you can't make this up. In the course of just over a week, China and Russia reaffirmed their friendship and military ties, the Iranian regime proxies lashed out with rockets at US forces in neighbouring Syria, North Korea shot off a few more missiles, France was rocked…

President Joe Biden is expected to tighten regulations on banks, prompted by the biggest banking collapse since the 2008 crisis

After 20 years of what appeared to be unstoppable growth, America’s tech industry has spent the past year underperforming the rest of the economy. Product failures in new industries like virtual reality and cryptocurrency, layoffs across the board, lower stock prices, and the failure of Silicon Valley Bank create a…

The nation’s top financial regulator is asserting that Silicon Valley Bank’s own management was largely to blame for the bank’s failure earlier this month and says the Federal Reserve will review whether a 2018 law that weakened stricter bank rules also contributed to its collapse

It may not be all bad news.

Over the past decade, pension and mutual funds have been piling money into risky high tech startups. Now that bubble might pop.

Over the past decade, pension and mutual funds have been piling money into risky high tech startups. Now that bubble might pop.

Bank stocks rallied as First Citizens agreed to buy Silicon Valley Bank while officials mull more First Republic support. KeyCorp got an upgrade.

RALEIGH, N.C. — Raleigh’s First Citizens Bank is buying most of Silicon Valley Bank, the tech-focused financial institution which collapsed earlier this month.