New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
The Federal Deposit Insurance Corp. (FDIC) and Federal Reserve are discussing creating a fund to backstop deposits if more banks fail following the collapse of Silicon Valley Bank.
Home Depot co-founder Bernie Marcus discussed the devastating collapse of Silicon Valley Bank, urging Americans to "wake up" and understand that the U.S. economy is in "tough times."
Following the train derailment in Ohio last month, there was something of a groundswell among some Republicans calling for Transportation Secretary Pete Buttigieg to resign. Sen. Marco Rubio (R-FL) was among those calling for that, while a group of House Republicans introduced a resolution, later withdrawn, calling for Buttigieg to step down.
An audit has revealed that over 42,000 federal employees have repeatedly failed to file their taxes, owing $1.5 billion in unpaid taxes, with the IRS having little ability to punish them.
Two important reviews were recently released, both casting serious doubts on the scientific basis for many policies rolled out during the COVID-19 pandemic.
While Biden says he will visit East Palestine, Ohio, "at some point," workers are reporting severe headaches and nausea after failure to be provided protective equipment.
The Harry Potter-inspired game, developed by Warner Bros. Games, has generated $850 million in revenue and sold 12 million copies, according to figures released by the company.
