Economy

Yellen Leaves Door Open for Bailout of Uninsured Deposits at Silicon Valley Bank

Yellen Leaves Door Open for Bailout of Uninsured Deposits at Silicon Valley Bank

admin March 12, 2023

“We are concerned about depositors and are focused on trying to meet their...

Pinkerton: Green, Woke, and Now Broke — How SVB Became the 2nd Biggest Bank Failure in U.S. History

Pinkerton: Green, Woke, and Now Broke — How SVB Became the 2nd Biggest Bank Failure in U.S. History

admin March 12, 2023

What role did wokeness play in the second largest bank failure in U.S....

Report: Police Called to Silicon Valley Bank’s NYC Branch

Report: Police Called to Silicon Valley Bank’s NYC Branch

admin March 12, 2023

Police were reportedly called to Silicon Valley Bank's Manhattan branch on Friday after...

GOP Rep. Kustoff: We Need to Know Why Regulators ‘Failed to Catch’ SVB Collapse

GOP Rep. Kustoff: We Need to Know Why Regulators ‘Failed to Catch’ SVB Collapse

admin March 11, 2023

On Saturday’s broadcast of the Fox News Channel’s “Fox News Live,” Rep. David...

Elon Musk Claims He Is ‘Open to the Idea’ of Buying Silicon Valley Bank

Elon Musk Claims He Is ‘Open to the Idea’ of Buying Silicon Valley Bank

admin March 11, 2023

Elon Musk, the CEO of Tesla and new owner of Twitter, recently stated...

SVB International Fallout: UK and EU Lenders Lose 30 Billion Overnight as ‘Panic’ Spreads

SVB International Fallout: UK and EU Lenders Lose 30 Billion Overnight as ‘Panic’ Spreads

admin March 11, 2023

The Silicon Valley Bank fallout went international with UK and European lenders seeing...

Carney on ‘Kudlow’: Silicon Valley Bank’s Failure Signals the End of the ‘Cheap Money Ecosystem’ Fueling CA Tech Start-Ups

Carney on ‘Kudlow’: Silicon Valley Bank’s Failure Signals the End of the ‘Cheap Money Ecosystem’ Fueling CA Tech Start-Ups

admin March 11, 2023

The “cheap money ecosystem” that fed the tech start-up culture has come to...

Conservatives Point to ‘Bidenflation’ as Cause of Silicon Valley Bank Closure; Gaetz Vows to Stand Against Bailout

Conservatives Point to ‘Bidenflation’ as Cause of Silicon Valley Bank Closure; Gaetz Vows to Stand Against Bailout

admin March 11, 2023

Prominent conservatives throughout politics and media reacted to the sudden closure of the...

Chris Whalen: Collapse of Silicon Valley Bank ‘Goes to the Feet of Jerome Powell’ and Federal Reserve

Chris Whalen: Collapse of Silicon Valley Bank ‘Goes to the Feet of Jerome Powell’ and Federal Reserve

admin March 11, 2023

Chris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell...

White House: We See Biden Plan Working with ‘Where We Are’ with Inflation, Economy ‘Growing for Everyone’ — We Defer to Treasury on SVB

White House: We See Biden Plan Working with ‘Where We Are’ with Inflation, Economy ‘Growing for Everyone’ — We Defer to Treasury on SVB

admin March 11, 2023

On Friday’s broadcast of CNN’s “Situation Room,” White House Press Secretary Karine Jean-Pierre...