The Latest Breaking News from US Federal Reserve

The failure of Silicon Valley Bank on March 10, 2023, came as a shock to most Americans. Even people like myself, a scholar of the U.S. banking system who has worked at the Federal Reserve, didn’t expect SVB’s collapse.

Global stocks have risen after anxiety about the global financial system began to fade following three high-profile bank failures

Tuesday marked the US Senate’s first public hearing into the collapse of Silicon Valley Bank in early March.

The Australian share market has closed higher for its third day in a row, while the ABS's latest inflation data shows cost-of-living pressure are easing, which may strengthen the case for the Reserve Bank to keep interest rates on hold next week.

A top federal regulator called the failure of Silicon Valley Bank a "textbook case of bank mismanagement" during a Senate hearing about what led to its spectacular collapse

Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.

Regulators faced the U.S. Senate Committee in the collapse of Silicon Valley Bank and Signature Bank as the banks to address risk

Top U.S. financial officials on Tuesday outlined what’s likely to be the biggest regulatory overhaul of the banking sector in years, in an initiative aimed at addressing underlying issues that contributed to the collapse of Silicon Valley Bank and other U.S. regional lenders.

High inflation and stock market volatility necessitate adding a defensive layer to your portfolio to save yourself from exhausting all your savings. Hence, one could consider planning their retirement with quality stocks Oracle Corp. (ORCL), CVS Health (CVS), and Humana (HUM), given their strong fundamentals and steady returns. Read on….