U.S. Scrambles to Prepare Financial Backstop to Stave Off Banking Panic
The government wants to stem a run on the banks.
The government wants to stem a run on the banks.
Germans are much more relaxed about nudity than Britons or Americans
A new song featuring former President Trump topped iTunes’ charts
What role did wokeness play in the second largest bank failure in U.S.
Police were reportedly called to Silicon Valley Bank’s Manhattan branch on Friday after depositors attempting to withdraw funds were locked out of the bank.
Reports the Biden administration is considering reinstating migrant family detention at the southern border sparked outrage from immigration activists, but former Trump administration officials are skeptical about how useful such policy initiatives from the Biden administration would be if implemented. “It’s just 180 degrees from what their strategy has been.
On Saturday’s broadcast of the Fox News Channel’s “Fox News Live,” Rep.
Elon Musk, the CEO of Tesla and new owner of Twitter, recently stated that he is “open to the idea” of purchasing Silicon Valley Bank (SVB), which U.S. regulators shut down Friday due to a run on deposits.
Garry Tan, the president and CEO of Y Combinator, recently stated that the collapse of Silicon Valley Bank is an “extinction-level event” for tech startups. Y Combinator has helped launch more than 4,000 tech companies including Airbnb, DoorDash, and Stripe.
Oregon lawmakers are aiming to make the state the second in the nation to mandate climate change lessons for K-12 public school students, further fueling U.S. culture wars in education. Dozens of Oregon high schoolers submitted support of the bill, saying they care about climate change deeply.
The Biden administration is reportedly poised to approve a massive northern Alaska oil drilling project that is forecast to create thousands of jobs and 600 million barrels of oil over its 30-year lifespan, sending eco-warriors into a frenzy about the “existential threat” the project poses to the climate.
Former Vice President Mike Pence on Saturday spoke to Iranian anti-regime activists in Washington, D.C., and warned that the Biden administration’s efforts to re-enter the embattled 2015 nuclear deal would pave a path “in gold” to a nuclear weapon.
Two of the United States’ top health agencies have sent a letter to the surgeon general of Florida, accusing him of misleading the public on COVID-19 vaccine side effects. The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention published the joint letter to Florida Surgeon General Joseph Ladapo on Friday. DR.
‘Blurs differences’
Dutch farmers are set to protest against government land grabs as elections approach
The “cheap money ecosystem” that fed the tech start-up culture has come to an end with the Federal Reserve raising interest rates to curb inflation, and the failure of Silicon Valley Bank might be the first domino to fall among California-based financial institutions, Breitbart Economics Editor John Carney said in an interview Friday with Fox Business host Larry Kudlow.
‘That’s not a good sign for anyone’
Prominent conservatives throughout politics and media reacted to the sudden closure of the Silicon Valley Bank on Friday. Rep. Matt Gaetz (R-FL) is already standing firm against bailouts for the bank, and many are pointing to “Bidenflation” as a driver of the implosion.
SVB Financial Group is trying to find a buyer after its Silicon Valley Bank (SVB) unit was closed by regulators on Friday amid deposits and losses on its securities portfolio, Bloomberg reported.
Chris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell for the failure of Silicon Valley Bank (SVP) in a Friday interview on Forward Guidance with host Jack Farley.
On Friday’s broadcast of CNN’s “Situation Room,” White House Press Secretary Karine Jean-Pierre stated that White House economists “see the data and the jobs report and where we are currently with inflation” and conclude “that the President’s economic plan is
‘I don’t have long to live’
‘You just paid for a semester at my college.
Saudi Arabia and Iran are set to resume formal diplomatic relations for the first time in years after reaching an agreement brokered by China
‘There is a lack of research-based knowledge’
Upon moving the couch after the dog started barking, the owner discovered a black mamba behind it
Regulators Shut Down Banking Giant In Biggest Failure Since Global Financial Crisis
She tantalized fans as she worked the stripper pole, then posed on the floor.