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
Airport Chaos, Florida Special Election, ‘Dirty Dozen’ and more
CNN is tracking the longest airport wait times, and what to know if you miss your flight. The state of talks between the US and Iran remain unclear as the war wages on. Voters are heading to the polls in Palm Beach, Florida for a special election that could flip the president's h ... Show More
6m 57s
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
Mar 2023
Why the Banking Crisis Isn’t Over Yet
<p>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.</p><p>But efforts to contain the crisis have met resistance, and the fallout of the collapse has ... Show More
29m 4s