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
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
<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
