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
The Fight for the West Bank
Over the past year, there has been an increase in violence in the West Bank. Israeli settlers have terrorized Palestinians, set fire to their property, uprooted their olive groves and stolen their animals in an effort to drive them off their land. Rachel Abrams speaks to Loui Rid ... Show More
28m 1s
Aug 31
How Flock Cameras Took Over America
This summer, Fernando Alfonso, the Texas editor for The New York Times, got in a car with a man named Philip. They drove around the suburban streets of Dallas searching for traffic cameras — not for a red-light camera, or a speed-trap camera, but something new, an automatic licen ... Show More
29m 26s
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
Apr 2023
First Republic Teeters, Wages Rise
Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ... Show More
8m 57s
<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