In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.
But efforts to contain the crisis have met resistance, and the fallout of the collapse has already spread to other regional banks, whose stocks have plummeted.
Guest: Emily Flitt ... Show More
Yesterday
Trump 2.0: The President’s Affordability Problem
President Trump was elected in 2024 on the promise that he would fix the economy. Now, a new poll from The New York Times/Siena reveals that the issue may be driving voters away.Nate Cohn, the chief political analyst at The Times, explains what the poll tells us.Guest: Nate Cohn, ... Show More
32m 44s
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
<p>Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.</p><p><br></p><p>Read more:</p><p><br></p><p>Another week, another banking calamity. </p><p><br></p><p>On Sunday, Swiss banking giant UBS ca ... Show More
