The Latest Breaking News from US Federal Reserve

It's entrepreneurs and their employees and vendors who are "feeling the pain," Cuban said.

Fifty Republican and 17 Democratic senators voted to reduce regulations on the bank

On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the U.S. financial system.

It's been another doozy of a week for the S&P 500 (SPY). We had Fed Chair Jerome Powell giving his semiannual testimony before the Senate Banking Committee. We had the latest job openings summary from January. We had a surprise run on a bank in Silicon Valley push the entire…

Did you ever really buy the bullish argument touted by some to start the new year? Yes, it was an amusing fable that has now lost its luster as the bears are firmly back in charge as proven by the break below the 200 day moving average for the S&P…

Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based lender suffered from an old-fashioned bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation its receiver.

A hard job just got harder for the Federal Reserve after the biggest U.S. bank failure since 2008 overshadowed another strong payroll report.

All banking crises throughout history have shared a common element: Short-term depositors try to withdraw their money from institutions locked into long-term assets.

“We do not believe there is contagion risk for the rest of the banking sector on the heels of SVB's struggles,” David Trainer, CEO of the investment research firm New Constructs, told Fortune.

The tech and VC sector's most reliable lender collapsed literally overnight. How did that happen?

Grantham blamed a “horror show” of Fed policies for a bear market he says likely won’t bottom out until late next year.