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Will Americans end up footing the bill for bank failures?: WASHINGTON (AP) — The government's response to the failure of two large banks has already involved ...
apnews.com/article/silicon-valley-banks-taxpayers-bailout-b562a3d4aefa4af7ecc09ac99258e9a0

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Lawmakers Blast TikTok’s C.E.O. for App’s Ties to China, Escalating Tensions: Lawmakers grilled Shou Chew, TikTok’s chief executive, over the app’s ties to its ...
nytimes.com/2023/03/23/technology/tiktok-hearing-congress-china.html


HBCU grad makes history as Vanderbilt's first Black female neurosurgery resident
simplemost.com/hbcu-grad-is-making-history-as-vanderbilts-first-black-female-neurosurgery-resident/


On 13th anniversary of Affordable Care Act, president thanks those who made it a reality - UPI.com
upi.com/Top_News/US/2023/03/23/Joe-Biden-Affordable-care-act-healthcare/6081679609865/


Exclusive: Citizens Financial eyes bid for SVB's private bank, sources say: Citizens Financial Group Inc (CFG.N) is working on a bid to acquire the private ...
reuters.com/business/finance/citizens-financial-eyes-bid-svbs-private-bank-sources-2023-03-23/


SVB Sale Is Close. FDIC Seeking a Deal by Monday.: The regulator has been accepting bids for the SVB bridge bank and its wealth management arm.
barrons.com/articles/fdic-svb-sale-decision-eeeb2434


Sanders Introduces Bill to Ban Bank Execs From Fed Boards: "The CEOs of the largest banks in America should not be allowed to serve as directors of the main ...
commondreams.org/news/sanders-bank-executives-federal-reserve


TikTok CEO grilled by U.S. lawmakers over China ties: PALO ALTO, U.S./HONG KONG -- TikTok CEO Shou Zi Chew faced withering questions from congressional ...
asia.nikkei.com/Business/China-tech/TikTok-CEO-grilled-by-U.S.-lawmakers-over-China-ties


President Biden calls for tougher penalties on failed bank executives: Biden is calling on Congress to grant the FDIC those powers after the failures of Silicon ...
orlandosentinel.com/news/nationworld/ct-aud-nw-us-bank-collapse-biden-20230317-fcab6gaofndkhm46fmhlvwn4fy-story.html


Mark Cuban just broke one of his own investment rules: Shark Tank star and Dallas Mavericks owner Mark Cuban, like Melinda French Gates, has criticized Silicon ...
fortune.com/2023/03/23/mark-cuban-broke-sillicon-valley-investment-rule-illumix/

Why some Silicon Valley CEOs don't blame SVB for its crash: 'I still fundamentally believe' nothing was 'wrong with the bank'
cnbc.com/2023/03/23/why-some-silicon-valley-ceos-dont-blame-svb-for-its-crash.html


From Breakingviews: The Federal Reserve’s latest rate hike will put more strain on lenders. Yet the central bank didn’t have much of a choice ... Show more

‘To Kill a Mockingbird’: Must-see theater for every American | Review: 'To Kill a Mockingbird': Review of the touring Broadway show at the Dr ...
orlandosentinel.com/entertainment/arts-and-theater/os-et-to-kill-a-mockingbird-dr-phillips-center-review-20230322-gp7jdfkwarfbhovxiwwgspftpm-story.html


Private opulence, public squalor: How the U.S. helps the rich and hurts the poor: Poverty, by America author Matthew Desmond says if the top 1% of Americans paid ...
npr.org/sections/health-shots/2023/03/21/1164275807/poverty-by-america-matthew-desmond-inequality


FDIC Delays Bid Deadline for Silicon Valley Private Bank: The Federal Deposit Insurance Corp. has moved the bid deadline to Friday for the failed Silicon Valley ...
bloomberg.com/news/articles/2023-03-22/fdic-said-to-delay-bid-deadline-for-silicon-valley-private-bank


Attempts to Ban Books Doubled in 2022: A new report from the American Library Association showed a spike in censorship efforts, with 1,269 attempts.
nytimes.com/2023/03/23/books/book-ban-2022.html


Biden marks ACA’s anniversary by lambasting Republican budget ideas: President Biden celebrated the Affordable Care Act’s 13th anniversary by lauding the ...
washingtonpost.com/health/2023/03/23/biden-aca-affordable-care-act/


Book ban attempts reach record high in 2022, American Library Association report says
pbs.org/newshour/arts/book-ban-attempts-reach-record-high-in-2022-american-library-association-report-says


Why 186 Other Banks Could Go The Way Of Silicon Valley Bank: Close to 190 banks could face Silicon Valley Bank's fate, according to a new study
forbes.com/sites/petercohan/2023/03/20/why-186-other-banks-could-go-the-way-of-silicon-valley-bank/


US jobless claims inch down as labor market remains tight: The labor market continues to defy Federal Reserve attempts to cool hiring, with U.S.
apnews.com/article/jobless-claims-layoffs-unemployment-benefits-0e4fff203da34c5391fd1b81f8e3bd9b


A 16-Month-Old Chatbot Startup With No Revenue Is Now a $1 Billion Unicorn: Character.AI says it raised $150 million from Andreessen Horowitz and others
wsj.com/articles/a-16-month-old-chatbot-startup-character-ai-is-now-a-1-billion-unicorn-97aa194f


Secretary of State Antony Blinken discusses foreign policy and the State Department spending plan before the Senate Foreign Relations Committee in a hearing ... Show more

TikTok CEO faces off with US Congress over security fears: WASHINGTON: The CEO of TikTok made a rare public appearance Thursday (Mar 23) before a US ...
channelnewsasia.com/world/tiktok-ceo-chew-shou-zi-congress-us-security-committee-rodgers-3369651


Iraqi-American photojournalist returns to homeland after more than two decades: NPR's Mary Louise Kelly speaks with Iraqi-American photojournalist Salwan Georges ...
npr.org/2023/03/23/1165699528/iraqi-american-photojournalist-returns-to-homeland-after-more-than-two-decades


🔊 🇨🇳🇷🇺Putin and Xi pledge a new world order but little talk of Ukraine in Moscow meeting. On Reuters World News reut.rs/3JDffur

ON THIS DAY: 60 years ago, The Beatles ' debut album, “Please Please Me,” was released. https://abcn.ws/3FGwTwi

What’s in an Oreo? A Food Scientist Explains.: Oreos are one of the most well-known cookies in the world, with around 40 billion produced each year ...
wsj.com/video/whats-in-an-oreo-a-food-scientist-explains/4F69A103-FD28-4A93-8CFE-550530511188.html


Bitcoin Gains as Crypto Unbowed by Latest Regulatory Crackdown: Bitcoin resumed its push back toward $30,000 and smaller digital tokens rallied as a broad ...
bloomberg.com/news/articles/2023-03-23/bitcoin-btc-gains-as-crypto-unbowed-by-latest-regulatory-crackdown


Credit card debt is at record high as Fed raises rates again: NEW YORK (AP) — As the Federal Reserve raises interest rates again , credit card debt is already at ...
apnews.com/article/federal-reserve-credit-card-debt-interest-rates-a2e1d35cb957153058d188652570c48e


Inside a Brooklyn School Teaching the Course That Florida Banned: Students taking the African American studies class have learned about ancient kingdoms ...
nytimes.com/2023/03/22/nyregion/ap-african-american-studies-brooklyn.html


All’s fair in love and stablecoins: If a stablecoin isn’t first, it’s last, as Circle has learned this month. The company that issues USDC lost its peg to the ...
reuters.com/breakingviews/alls-fair-love-stablecoins-2023-03-22/


Market nerves tie US rate-setters’ hands: Federal Reserve Chair Jay Powell is well outside of his comfort zone. On Wednesday the central bank raised interest ...
reuters.com/breakingviews/market-nerves-tie-us-rate-setters-hands-2023-03-22/


Iraq WMD failures shadow US intelligence 20 years later: WASHINGTON (AP) — In his U.S. Capitol office, Rep. Jason Crow keeps several war mementos ...
apnews.com/article/iraq-war-wmds-us-intelligence-f9e21ac59d3a0470d9bfcc83544d706e


EU Regulators to Rethink Liquidity After Credit Suisse Unravels: The rapidly unfolding crises of confidence at Credit Suisse Group AG and Silicon Valley Bank are ...
bloomberg.com/news/articles/2023-03-23/eu-regulators-to-rethink-liquidity-after-credit-suisse-unravels


$SIVB | FDIC Delays Bid Deadline For Silicon Valley Private Bank
- Bid Deadline Moved To Friday For Silicon Valley Bank's Wealth-Management Bank

LIVE: US Treasury Secretary Janet Yellen testifies in Senate hearing
US Treasury Secretary Janet Yellen testifies before Senate Appropriation Committee's ... Show more

That medium-sized banks can be too big to fail is one lesson regulators should learn from SVB. The episode has upended other parables of post-crisis finance as ... Show more
How deep is the rot in America’s banking industry?: Silicon Valley Bank may be the start of something grimmer
economist.com/finance-and-economics/2023/03/16/how-deep-is-the-rot-in-americas-banking-industry


The US Federal Reserve raised interest rates by 25 basis points. Chair Jerome Powell expressed caution about the recent banking crisis while indicating the Fed ... Show more
U.S. Fed delivers small rate hike amid global banking turmoil: The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point ...
reuters.com/business/finance/us-banks-face-scrutiny-fed-rate-decision-looms-2023-03-22/


Elon Musk: Foolish Fed Rate Hike Will Worsen Depositor Flight - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ),
benzinga.com/news/23/03/31468476/elon-musk-says-foolish-fed-rate-hike-will-worsen-depositor-flight


Pierre Poilievre to have in-person meeting with U.S. President Joe Biden in Ottawa
nationalpost.com/news/politics/pierre-poilievre-to-have-in-person-meeting-with-u-s-president-joe-biden-in-ottawa


'Powell F'ed Everyone': 'Rich Dad Poor Dad' Author Lashes Out At Powell, Yellen And Biden - Credit Suisse
benzinga.com/news/23/03/31484557/powell-fed-everyone-rich-dad-poor-dad-author-lashes-out-at-powell-yellen-and-biden


China says it has never deliberately pursued trade surplus with U.S.: China has never deliberately pursued a trade surplus with the United States, Shu Jueting ...
reuters.com/world/china/china-says-it-has-never-deliberately-pursued-trade-surplus-with-us-2023-03-23/

Wall Street sees the Fed starting to signal toward a recession ahead: The Wall Street consensus after the Federal Open Market Committee meeting concluded ...
cnbc.com/2023/03/23/wall-street-sees-the-fed-starting-to-signal-toward-a-recession-ahead.html

Fed chief Powell says deposits "are safe": His comments came after the central bank lifted short-term interest rates another quarter-percentage point.
axios.com/2023/03/23/fed-chief-powell-says-deposits-are-safe

Silicon Valley Bank is no more. The question now, though, is whether the collapse of this tech-friendly regional bank is the start of something more serious — ... Show more

Biden honors Springsteen, Julia Louis-Dreyfus, Mindy Kaling: U.S. President Joe Biden made an observation when conferring the National Medal of Arts on rocker ...
reuters.com/lifestyle/biden-honors-springsteen-julia-louis-dreyfus-mindy-kaling-2023-03-21/


Factbox: Warren Buffett's investments in financial firms: Berkshire Hathaway's Warren Buffett has been in discussions with senior Biden administration officials ...
reuters.com/business/finance/warren-buffetts-investments-financial-firms-2023-03-23/


With credibility at stake, Fed fires new volley at inflation: The Federal Reserve’s credibility as an inflation fighter is on the line. Fed Chair Jerome Powell ...
csmonitor.com/Business/2023/0322/With-credibility-at-stake-Fed-fires-new-volley-at-inflation


Fed raises key rate by quarter-point despite bank turmoil: WASHINGTON (AP) — The Federal Reserve extended its year-long fight against high inflation Wednesday by ...
apnews.com/article/federal-reserve-inflation-banks-interest-rates-jobs-91a9185ebce972bbf5ab1f46654f1a53


Questlove Has a New Creative Pursuit: Publishing: The musician and producer Ahmir Thompson, better known as Questlove, is starting his own imprint ...
nytimes.com/2023/03/22/books/questlove-books-publishing-imprint.html


Chief Risk Officer: The Most Thankless Job in Banking: Before the money started fleeing SVB, the company operated without a chief risk officer for much of 2022 ...
wsj.com/articles/svb-silicon-valley-bank-collapse-chief-risk-officer-f6e1fcfd


Opinion | Meta. Salesforce. Silicon Valley Bank. Is Working from Home Really Working?
nytimes.com/2023/03/22/opinion/remote-work-salesforce-meta-working-from-home.html


Mortgage Rates Fall to 6.42%, Lowest Level in a Month : If rates continue to fall, there could be a "continued rebound" in the housing market ...
barrons.com/articles/mortgage-rates-fall-to-lowest-level-in-a-month-the-housing-market-could-see-a-continued-rebound-dd1f2c81

'This is not the financial crisis': Banks are OK, but investing in them right now is risky, analysts say
cnbc.com/2023/03/23/why-analysts-say-banks-will-be-fine.html


Why We (Still) Need a Federal Reserve for the People—Not Wall Street: The Fed is a public institution, created by an act of Congress. But the people who are ...
commondreams.org/opinion/federal-reserve-that-serves-people

Texas lawmakers file bills to allow Native American regalia at school events: The ability to wear cultural attire at school ceremonies is a debate inside a ...
axios.com/local/dallas/2023/03/22/texas-bill-native-american-regalia-school


US Stocks Take A Breather Ahead Of Fed Decision: Analyst Sees Powell Bringing Relief To Market - Invesco
benzinga.com/news/earnings/23/03/31452561/us-stocks-take-a-breather-ahead-of-fed-decision-analyst-sees-powell-bringing-relief-to-market


GM to stop making the Camaro but a successor may be in works: The Chevrolet Camaro, for decades the dream car of many teenage American males ...
ctvnews.ca/autos/gm-to-stop-making-the-camaro-but-a-successor-may-be-in-works-1.6324238


American billionaire Rocco Commisso's journey to owning Italian soccer team ACF Fiorentina | 60 Minutes
cbsnews.com/news/billionaire-rocco-commissos-on-owning-italian-soccer-team-acf-fiorentina-60-minutes/


US raises interest rates despite banking turmoil: The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil ...
rnz.co.nz/news/world/486548/us-raises-interest-rates-despite-banking-turmoil


The sure-footed Fed of the past year now in doubt about next policy move: For the first time in a year the Federal Reserve has left its next policy step in doubt ...
reuters.com/markets/us/sure-footed-fed-past-year-now-doubt-about-next-policy-step-2023-03-23/


Customers Bancorp weighs making an offer for Silicon Valley Bank - Bloomberg News
reuters.com/business/finance/customers-bancorp-weighs-making-an-offer-silicon-valley-bank-bloomberg-news-2023-03-23/


JUST IN: Philippines taps Filipino-American actress Vanessa Hudgens as its new tourism ambassador.
Full story to follow on news.abs-cbn.com

From Silicon Valley to Switzerland, depositors and taxpayers are facing a mighty scare. They should not have to live with the fear and fragility they thought ... Show more
What’s wrong with the banks: Rising interest rates have left banks exposed. Time to fix the system—again
economist.com/leaders/2023/03/16/whats-wrong-with-the-banks

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify: Sens. Sherrod Brown and Tim Scott said the former CEOs of the failed banks should ...
cnbc.com/2023/03/23/silicon-valley-bank-collapse-senators-urge-former-ceo-to-testify.html


Venture Capitalists Convince Startups to Keep Money With New SVB: Venture capitalists have largely kept the promise they made the day after Silicon Valley Bank ...
bloomberg.com/news/articles/2023-03-22/vcs-convinced-startups-to-keep-money-with-new-svb-bank-says


Five Key Takeaways From Fed’s March Decision to Raise Rates a Quarter Point: For Bloomberg's TOPLive blog on the Fed decision and press conference, click here
bloomberg.com/news/articles/2023-03-22/key-takeaways-from-fed-decision-to-raise-rates-a-quarter-point


How Judy Baca's murals help recover history through 'public memory'
pbs.org/newshour/show/how-judy-bacas-murals-help-recover-history-through-public-memory


What Really Broke the Banks: The Fed, among others, is blameworthy. But the ultimate culprit is COVID-19.
theatlantic.com/ideas/archive/2023/03/svb-collapse-covid-relief-measures-interest-rates-inflation/673481/


As the Fed battles inflation, it's harder for low-income workers to buy a home: NPR's Steve Inskeep talks to AFL-CIO chief economist William Spriggs about how ...
npr.org/2023/03/23/1165527200/as-the-fed-battles-inflation-its-harder-for-low-income-workers-to-buy-a-home

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