(NEW YORK) -- As families across the nation prepare for the holiday season, some food banks across the United States dedicated to fighting hunger say they are experiencing an increase in demand following the end of pandemic-era SNAP benefits, an increase in inflation, and... Read More.
(NEW YORK) -- Former President Donald Trump is on trial in New York in a $250 million lawsuit that could alter the personal fortune and real estate empire that helped propel Trump to the White House.Trump, his sons Eric and Don Jr., and Trump... Read More.
(HOUSTON) -- A man dressed as a woman walked into three Texas banks this month and handed tellers sticky notes with "threatening" messages demanding cash, earning him the nickname "Sticky Note Bandit," the FBI said.The man, who hasn't been arrested or publicly identified, left... Read More.
(NORTH CAROLINA) -- When Dorian Bolden began expanding his coffee shop, Beyu Caffe, in Durham, North Carolina, he says the most difficult part was securing funding as a Black business owner.“I recognize how we were not able to get funding the way I saw,... Read More.
(COLUMBUS, Ohio) -- Ohio food banks are reporting a surge in demand amid concerns about growing food insecurity and what it may signal for the overall U.S. economy."Right now we're running 47% higher in '23 than we did, you know, a year ago," said... Read More.
(NEW YORK) -- First Citizens Bank will buy about $72 billion in assets from the failed Silicon Valley Bank, the Federal Deposit Insurance Corporation said.Silicon Valley Bank, a regional lender with about $210 billion in assets, collapsed earlier this month. The bank had been... Read More.
(WASHINGTON) -- Treasury Secretary Janet Yellen said Tuesday that "the situation is stabilizing and the U.S. banking system remains sound," after regional bank failures have shaken the U.S. banking system."The Fed's facility and discount window lending are working as intended to provide liquidity to... Read More.
(WASHINGTON) -- Treasury Secretary Janet Yellen plans to say during a speech on Tuesday that “the situation is stabilizing and the U.S. banking system remains sound,” according to excerpts of her prepared remarks provided by the Treasury Department.“The Fed facility and discount window lending... Read More.
Model, entrepreneur and Dancing with the Stars host Tyra Banks revealed she's ready to "graduate from the ballroom floor to the stock market floor."Tyra, who has co-hosted the reality competition show since 2020, was caught by TMZ cameras on a shopping trip in Santa... Read More.
(NEW YORK) -- SVB Financial Group and top executives have been named in a federal lawsuit amid the collapse of Silicon Valley Bank, the largest bank failure since the 2008 financial crisis.A shareholder from Wisconsin, who says he lost about $12,000, is named as... Read More.
(WASHINGTON) -- The collapse of Silicon Valley Bank is putting deregulatory reforms implemented under former President Donald Trump back in the spotlight.The abrupt implosion of the country's 16th-largest bank last week resulted in swift finger-pointing in Washington.President Joe Biden and many progressive Democrats have blamed,... Read More.