Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.
Feb 3
A surprise Kennedy Center makeover
In his second term, President Donald Trump has gone on a mission to reinvent the Kennedy Center, the beloved performing arts venue in Washington, D.C.Trump promised to overhaul the center’s programming. He installed loyalists on the board who made him chairman. In December, Trump ... Show More
18m 40s
Feb 2
A teddy bear, an ice skate: What remains from last year's deadly D.C. plane crash
In late January of last year, an American Eagle flight and a U.S. Army helicopter collided above the Potomac River, killing everyone aboard both aircraft. It was the deadliest flight disaster in the U.S. in decades.A year later, families and first responders are reflecting on the ... Show More
15m 19s
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
Mar 2023
MM105: What just happened to Credit Suisse and should you be worried?
<p>In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week. </p><br><p>In fact, the headline of the Daily Telegraph, a major news publication in the UK read, "Swiss bank crash stokes fears of a new global crisis as UK ... Show More
42m 2s
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
Credit Suisse shares plunge as concerns over bank widen
The share price of Credit Suisse took another nosedive in the markets, hitting its all-time low for the second consecutive day by tanking up to 30% as Saudi National Bank, the Swiss bank's largest backer, ruled out the possibility of further financial help.
Share indexes across t ... Show More
26m 28s