The Federal Reserve is scheduled to meet this week for the first time since the collapse of Silicon Valley Bank. The key question: will the largest failure of a US bank since 2008 change its approach to fighting inflation? In today’s episode we look at how we got here, the emergency response, and if the average customer can have faith in their money going fo ... Show More
Yesterday
US-Venezuela Oil Deal, Clancy Jury Deadlocked Again, Ariana Grande Farewell and more
The US inked new energy deals with Venezuela, but critics are sounding the alarm. Search and rescue crews are racing to find missing workers in Nepal’s mud-filled tunnels. The jury in Lindsay Clancy’s murder trial wraps up another day of deliberations without a verdict. The Kenne ... Show More
7m 12s
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
May 2023
A Third Bank Implodes. Now What?
<p>On Monday morning, the federal government took over a third failing bank — this time, First Republic.</p><p>Jeanna Smialek, an economy correspondent for The Times, discusses whether we are at the end of the banking crisis, or the start of a new phase of financial pain.</p><p>G ... Show More
23m 32s
Mar 2023
The Largest Bank Failure Since 2008 | Weekly Round Up
This week, after a week of turmoil across the banking industry, Mike & Mark discuss the collapse of Silvergate and Silicon Valley Bank. With fears mounting over the mark to market value of bank's asset's, we walk through the dynamics which led to depositors running for the exit d ... Show More
1h 4m
<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
