With federal regulators planning to take over the collapsed Silicon Valley Bank, a 40-year-old institution based in California, nearly $175 billion in customer deposits will be placed under the authorities’ control.
The lender’s demise is the second-largest bank failure in U.S. history and the largest since the financial crisis in 2008. The debacle raised c ... Show More
Yesterday
How China Made Itself Tariff-Proof
About a year into President Trump’s global trade war, China hasn’t just survived. It has emerged stronger than ever on the world stage. Keith Bradsher, the Beijing bureau chief for The New York Times, discusses the domination of China’s robot-powered superfactories and how the co ... Show More
31m 36s
Mar 22
Injections, Bone Hammering and the Pursuit of Peak Male Beauty
If you’ve spent any time on social media recently, you’ve probably come across a video of a young, square-jawed influencer calling himself Clavicular. He has become the face of an internet subculture called looksmaxxing, in which men do almost anything — like taking steroids and ... Show More
37m 53s
Mar 2023
What Does The Collapse of Silicon Valley Bank Mean For Your Money?
The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ... Show More
21m 31s
Mar 2023
The Death of Silicon Valley Bank
<p>On 7th March, Silicon Valley Bank tweeted, “Proud to be on @Forbes’ annual ranking of America’s Best Banks…”</p>
<p>By 10th March, SVB’s stock price had tanked by 60% and the bank was taken over by an arm of the US government.</p>
<p>What on earth happened?</p>
<p>In today’s e ... Show More
10m 12s