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HO-LEE-SMOKES and pucker up. It’s barely 24 hours later and what’s shaking out so far is pretty scary. Is the federal reserve ready to handle something of this magnitude? Janet Yellen? For...
While the idea of 'green' energy sounds like a great idea, often it turns out to be just one giant grift.
Billionaire hedge fund manager Bill Ackman is predicting an economic meltdown following the collapse of Silicon Valley Bank. Ackman is urging the US government to take action to protect customers
The federal government will not bailout Silicon Valley Bank, despite fears of a market meltdown, Treasury Secretary Janet Yellen announced Sunday.
California-based commercial lending giant Silicon Valley Bank had its charter revoked and was transferred into receivership on March 10 after a bank run – which occurs when too many clients try to get their money out at once. The collapse sent shockwaves rippling across the financial world. What exactly happened? And what’s next? Sputnik explains.