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Economy
Unease Over Banking Sector Turmoil Spurs Huge Demand for Precious Metals
COTTONWOOD, Ariz.—Coin Heaven co-owner Gabe Wright saw precious metals demand rise to new heights during the pandemic, but nothing as spectacular as Silicon Valley Bank's (SVB) collapse. "It's getting real," ...
March 21, 2023
BY
Allan Stein
Yellen: Government Could Step in Again to Protect Other Banks From Deposit Runs to Stop Contagion
U.S. Treasury Secretary Janet Yellen on Tuesday defended government intervention in the banking sector and suggested that it may ...
March 21, 2023
BY
Bryan Jung
and
Liam Cosgrove
House Freedom Caucus Opposes Unlimited Bank Deposit Guarantees
House conservatives have voiced their opposition to any increased guarantees on bank deposits, which comes amid debate on ...
March 21, 2023
BY
Tom Ozimek
Treasury Secretary Yellen Speaks at Annual Bankers Summit in Washington
U.S. Treasury Secretary Janet Yellen speaks at American Bankers Association’s annual Washington Summit at 10 a.m. ET on ...
March 21, 2023
BY
Epoch Video
California Gov. Newsom Unveils New Plan to Curb Oil Profits, Create Gas Price Watchdog
California Gov. Gavin Newsom released a new proposal on March 20 aimed at limiting how much profit large ...
March 21, 2023
BY
Katabella Roberts
IRS Issues Fresh Warning in ‘Dirty Dozen’ List of Tax Scams
The IRS has issued a warning to taxpayers and businesses about unscrupulous promoters who are falsely advertising the ...
March 21, 2023
BY
Tom Ozimek
US Taxpayers Could Be on the Hook for Credit Suisse Bailout, Expert Warns
Following an emergency announcement on Sunday evening, the Federal Reserve loaned the Swiss National Bank (SNB) $101 million ...
March 21, 2023
BY
Liam Cosgrove
Bureaucrats Warn of Dire Consequences If Republicans Pursue Budget at 2022 Spending Levels
Bureaucrats leading various government agencies are raising concerns about the potential impact of steep expenditure cuts included in ...
March 20, 2023
BY
Savannah Hulsey Pointer
First Republic Shares Fall 47 Percent Following Multiple S&P Downgrades
First Republic Bank's shares tanked again on Monday, falling 47 percent and surpassing last week’s lows. The slide ...
March 20, 2023
BY
Liam Cosgrove
Brazilian President’s Approach to Amazonian Deforestation Leans on ‘Old Corruption Schemes’ and US Funding: Analysts
Politicians who vow to end deforestation in the Brazilian Amazon aren't anything new. However, President Luiz Inacio Lula da ...
March 20, 2023
BY
Autumn Spredemann
DeSantis Fights Move Toward Converting Dollar to Central Digital Currency
PANAMA CITY, Fla.—Gov. Ron DeSantis denounced federal consideration of a Central Bank Digital Currency (CBDC) on March 20 ...
March 20, 2023
BY
Dan M. Berger
The Costs and Consequences of the SVB Bailout
Commentary Banking regulators, along with the board of directors and management of Silicon Valley Bank (SVB), each failed ...
March 20, 2023
BY
Michael Wilkerson
Not All Uninsured Deposits Will Be Government-Protected in Future Bank Failures: Yellen
Not all Americans' uninsured deposits will be protected by the federal government in the event of future bank collapses, ...
March 20, 2023
BY
Katabella Roberts
Sen. Warren Says Fed Chair Wants to Make Millions of Americans Jobless to Fight Inflation
Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell's handling of the economy, accusing him of trying to put up ...
March 20, 2023
BY
Katabella Roberts
US Cattle Inventory Forecast Falls to Lowest Level in Nearly a Decade: USDA
Declining cattle production and drought conditions contributed to a sizable drop in beef supplies last year, the lowest ...
March 20, 2023
BY
Allan Stein
New York Community Bancorp Unit to Buy Signature Bank Assets in $2.7 Billion Deal
A subsidiary of New York Community Bancorp will purchase a significant portion of the failed Signature Bank under a ...
March 20, 2023
BY
Katabella Roberts
Federal Reserve, Other Central Banks Announce Joint Liquidity Measures
The U.S. Federal Reserve announced on Sunday that it is collaborating with some of the world's largest central ...
March 19, 2023
BY
Aldgra Fredly
Almost 200 US Banks Are at Risk of Silicon Valley Bank-Like Collapse: Study
Nearly 200 more banks could be vulnerable to the same type of risk that collapsed Silicon Valley Bank ...
March 19, 2023
BY
Jack Phillips
Dollar Tree Pulls Eggs From Store Shelves Over High Prices, Company Says
Low-end retailer Dollar Tree on Sunday confirmed it pulled eggs from store shelves as prices for the staple ...
March 19, 2023
BY
Jack Phillips
‘Not QE’ as Fed Trapped Between a ‘Rock and a Hard Place’
Commentary "QE" or Quantitative Easing has been the bull's siren song for the last decade, but will "Not ...
March 18, 2023
BY
Lance Roberts
Banking Regulators to Face Congress Over SVB, Signature Bank Collapse
Congress will hold its first bipartisan hearing with top federal financial regulators into the failure of Silicon Valley ...
March 18, 2023
BY
Caden Pearson
Americans to Bear Burden of Monetary System’s Gradual Deterioration, Economist Says
Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires ...
March 17, 2023
BY
Petr Svab
Critics Blast Oregon’s Efforts to Phase Out Petroleum Diesel and Restrict Farming
A series of climate bills now before the Oregon legislature could devastate rural communities and further fuel inflation, ...
March 17, 2023
BY
Scottie Barnes
American Homebuyers Gain Leverage as Record Share of Sellers Slash House Prices: Redfin
Home sellers are giving more concessions and price cuts to prospective buyers amid high mortgage rates and home ...
March 17, 2023
BY
Naveen Athrappully
Consumers Dig Deeper in Debt as Inflation Prompts Credit Card Use for Daily Expenses
Groceries, gas, and heating bills have gone up. As inflation grows, more consumers rely on credit cards to ...
March 17, 2023
BY
Beth Brelje
Federal Reserve Pauses Tightening as Emergency Lending Hits $300 Billion
The Federal Reserve balance sheet has surged to its highest level since November as the central bank attempts ...
March 17, 2023
BY
Andrew Moran
Refilling Nation’s Depleted Petroleum Reserves Not Happening Overnight: Biden Official
The Biden administration remains undecided about replenishing the nation’s strategic petroleum reserves (SPR) even as oil prices have ...
March 17, 2023
BY
Naveen Athrappully
TOP NEWS
California Bill Would Protect Doctors Who Mail Abortion Pills to Out-of-State Patients
NEW
By
Micaela Ricaforte
UN Cultural Agency Under Fire Over CCP Atrocities
NEW
By
Alex Newman
Another Former Trans Teen to Sue Medical Provider Over Double Mastectomy at 13
NEW
By
Brad Jones
Vermont League Kicks out School’s Sports Teams Over Refusal to Pit Girls Against Transgender Basketballer
NEW
By
Jackson Elliott
Los Angeles DA Gascón’s Office Provides Free Shuttle for Staff Amid Rising Crime
1hr
By
Jamie Joseph
PREMIERING NOW: The Boot of the State—Mark Chenoweth on Suing Federal Agencies and Ensuring the Separation of Powers
2hr
By
Jan Jekielek
, Epoch TV
House Oversight Committee Probes FDA’s Response to Baby Formula Shortage
2hr
By
Samantha Flom
China Not ‘Impartial’ Actor in Russia-Ukraine War: White House
2hr
By
Eva Fu
US Not Considering Fighter Jets for Ukraine After Poland, Slovakia Pledge More Than a Dozen MiGs
2hr
By
Jackson Richman
Film Review: ‘Gotham: The Fall and Rise of New York’: Saving America’s Biggest City From Itself
2hr
By
Michael Clark