The unemployment rate ticked up to 3.6% from 3.4%
January’s jobs report delivered a heck of a surprise when it showed the US economy had added more than half a million jobs and unemployment had dipped to a level not seen in more than five decades.Read More
Silicon Valley Bank collapse sends tech startups scrambling
The sudden collapse of a top Silicon Valley lender has pushed tech investors and startups to scramble to figure out their financial exposure and the impact on their ability to operate, at a time when many businesses were already on edge from widespread layoffs and less access to easy money in an uncertain economy,Read More
Analysis: Silicon Valley Bank collapse has echoes of 2008. Here’s why things are different this time
The failure of Silicon Valley Bank is rattling markets and raising uncomfortable questions: Will it undermine the broader banking system and start a new meltdown?Read More
FDIC says all insured depositors will have ‘full access’ to their insured deposits by no later than Monday morning
Post ContentRead More
Silicon Valley Bank fails after a stunning 48 hours that set off fears of a banking industry meltdown
• LIVE UPDATES: US adds 311,000 jobs, indicating economy still too hot for Fed to ease rate hikes • Biden White House keeps confronting a good problem: A hot labor marketRead More
Valparaiso Plans to Sell Georgia O’Keeffe Painting to Fix Dorms
In the face of declining enrollment, Valparaiso University in Indiana wants to raise money to renovate two dormitories by selling treasures from its art museum. Not everyone is on board.Read More
Donald Trump Faces Several Investigations. Here’s Where They Stand.
The Manhattan district attorney’s office appears to be nearing a potential indictment of the former president, as federal and state prosecutors bear down on Mr. Trump in a number of inquiries.Read More
What to Know About the Iranian-Saudi Deal
The regional rivals have agreed to re-establish diplomatic ties in an agreement brokered by China that could reverberate across the Middle East and beyond.Read More
Jobs Report Gives Fed a Mixed Signal Ahead of March Decision
The Federal Reserve is anxiously parsing incoming data as it decides between a small or a large rate move this month.Read More
Silicon Valley Bank Fails After Run by Venture Capital Customers
The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too.Read More
