The Federal Deposit Insurance Corporation (FDIC) announced Sunday night that First Citizens BancShares made a deal to acquire Silicon Valley…
The Federal Reserve hiked its target federal-funds interest rate by a quarter of a percentage point Wednesday, the ninth in…
3After raking in over $7 million in speaking fees from financial institutions in the two years before being confirmed, Treasury…
Treasury Secretary Janet Yellen’s recent decision to backstop all uninsured deposits at two failed banks due to their “systemic risk”…
SVB Financial Group, the parent company for California tech lender Silicon Valley Bank (SVB), filed for Chapter 11 bankruptcy protection…
The tech race between the U.S. and China is now centered on artificial intelligence, with major implications due to differences…
After a surprisingly strong start to the year, persistently high inflation and uncertainty regarding forthcoming interest rate hikes resulted in…
Open AI unveiled an upgraded version of ChatGPT Tuesday that is capable of passing key academic exams with ease but…
Silicon Valley Bank (SVB), the California firm that collapsed late last week after a bank run, donated $100,000 to a…
Meta CEO Mark Zuckerberg announced that as Meta strives for a ‘Year of Efficiency’ in a challenging economy, the company…
Concerns over inflation among small business owners have returned to a near record high, according to a Job Creator’s Network…
The Biden administration stated in their Bank Term Funding Program (BTFP) announcement that “no losses associated with the resolution of…
A former employee is alleging TikTok has flaws with its data security and he has been meeting with lawmakers to…
Democrats went after journalist Matt Taibbi in an attempt to pressure him to reveal his sources relating to the Twitter…
OPEC once again dominates the global oil market as the shale revolution wanes and encounters increasing costs and demands to…