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
Ukraine Accepts Peace Deal, Inflation Uptick, Thanksgiving Cold and more
A US official says Ukraine has agreed a peace deal to end the war in Ukraine, but some pieces of the plan are missing. New inflation data is out, and it’s not good news. We explain why the Trump administration's healthcare proposal is being delayed. Millions of Americans are set ... Show More
6m 48s
Yesterday
US-Russia Peace Talks, Volcanic Eruption, Met Gala Criticism and more
As attacks continue between Kyiv and Moscow, American and Russian officials are holding Ukraine peace talks in Abu Dhabi today. We explain why James Comey and Letitia James’ legal battles aren’t over yet. The House is launching an investigation into alleged antisemitism in three ... Show More
6m 50s
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