Retail sales slip 0.4% in February as consumers pull back on spending
Americans continued to spend at restaurants, bars and other retail stores in January even as they confronted inflation and rising interest rates.
SVB venture capitalists ‘shamelessly fearmongered’ to get a bailout: Vivek Ramaswamy
Republican presidential candidate Vivek Ramaswamy joined ‘The Bottom Line’ to analyze the downfall of Silicon Valley Bank and its impact on the economy.
Credit Suisse sheds nearly 25%, key backer says no more money
Credit Suisse on Tuesday published its annual report for 2022 saying it identified "material weaknesses" in controls over financial reporting and not yet stemmed customer outflows.
Tech CEO ditching Silicon Valley Bank after ‘mad scramble’ to acquire payroll funds
Winnie CEO and co-founder Sara Mauskopf details her experience in the Silicon Valley Bank collapse and why she is moving her company to other banks.
Silicon Valley Bank victim Naveen Jain speaks out on chaotic bank failure
Viome founder and CEO Naveen Jain discusses how his business had $25 million stored in Silicon Valley Bank on 'Mornings with Maria.'
Food, rent and energy prices remain high in February inflation breakdown
Inflation fell but remained persistently high in February, squeezing Americans in the form of higher prices for basic necessities like groceries and rent.
Kendra Scott jewelry brand launches foundation to support women, youth: ‘Do good first,’ founder says
Kendra Scott announced the launch of the Kendra Scott Foundation, which aims to empower women and youth in areas of health and wellness, education and entrepreneurship.
Biden's economy has reached a 'tipping point,' budget watchdog warns
President Biden and the Fed's "tricky balancing act" to fight inflation and delay a recession "just became so much more difficult" amid bank run contagion and a big budget.
SVB bank collapse is ‘failure of government policy’: Rep. Andy Barr
Rep. Andy Barr, R-Ky., discusses the impact of Silicon Valley Bank's collapse and slams President Biden’s response on ‘Mornings with Maria.’
Most seniors say the US is suffering a retirement crisis and many are struggling to save: Survey
Eighty-nine percent of seniors said they are worried that the U.S. is in the grip of a retirement crisis and nearly half are struggling to build their savings, according to American Advisors Group's (AAG) recent survey.
Inflation rose 0.4% in February as prices remain stubbornly high
Inflation rose in line with expectations in February as price pressures in the economy remain uncomfortably high, according to CPI data released Tuesday.
Vivek Ramaswamy: Federal Reserve has lost its way, needs to restore the dollar
2024 presidential candidate Vivek Ramaswamy and Rep. Dan Meuser, R-Penn., join 'The Evening Edit' to discuss the fallout from Silicon Valley Bank collapse and whether the Federal Reserve will raise rates in March.
This is an utter failure, where were the regulators?: Former U.S. Treasury official
Former U.S. Treasury official Michael Faulkender and Fox News contributor Liz Peek join 'The Evening Edit' to discuss the economic impact of the collapse of Silicon Valley Bank.
SVB collapse is just the beginning if the Fed continues to raise rates: Charlie Gasparino
FOX Business senior correspondent Charlie Gasparino discusses the collapse of Silicon Valley Bank and calls for the Fed to pause rate hikes on 'Kennedy.'
Silicon Valley Bank hit with class action lawsuit from shareholders
A class action lawsuit has been filed against collapsed Silicon Valley Bank, its CEO and CFO on Monday, accusing the plaintiffs of violating securities laws.
CME CEO Terry Duffy's wife carjacked in Chicago crime crisis
The wife of CME Group’s Terry Duffy was the victim of a recent carjacking in Chicago, the chief executive said in a podcast episode published Thursday.
Most car buyers want to buy insurance at point of sale, study says
Seventy-two percent of recent car buyers said they would like an opportunity to get auto insurance at the dealership and 70% said they believed the experience would "make things easier and more convenient," according to a study by insurance marketplace Polly.
SVB CEO 'cashed out' knowing the bank was in failure: Rep. Cory Mills
Rep. Cory Mills, R-Fla., discusses bank regulations and contagion fears amid fallout from the Silicon Valley Bank collapse.
Inflation, recession fears dampen financial health outlook for many: survey
One in three Americans said they were struggling to make ends meet or were in trouble financially, according to Lincoln Financial Group's most recent Consumer Sentiment Tracker.
Treasury, Federal Reserve, FDIC release joint statement mapping out approach to Silicon Valley Bank collapse
Treasury Department, Federal Reserve, and the FDIC issued a joint statement Sunday mapping out how regulators will handle the failure of Silicon Valley Bank.