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Federal Reserve Chairman Jerome Powell said Wednesday the management of Silicon Valley Bank "failed badly" by exposing the firm to substantial risks from its bond holdings and deposit base.

The Fed is trying to balance its fight against inflation with a new crisis in the financial sector triggered by the collapse of Silicon Valley Bank earlier this month.

Billionaire Richard Branson’s Virgin Orbit will resume operations after halting work last week and closing in on deal with Texas-based investor for $200 million.

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.

FOX Business' Stuart Varney says Biden and Jerome Powell are to blame for the banking crisis and high inflation due to nonstop spending and money printing.

Most Americans (62%) said they support federal student loan forgiveness and 18% said they opposed the plan, according to a recent Newsweek survey.

Richard Branson's Virgin Orbit is reportedly close to a deal for a $200 million investment from investor Matthew Brown.

Fox Business host Larry Kudlow reacts to Treasury Sec. Janet Yellen's speech at the American Bankers' Association on 'Kudlow.'

Senator Ted Cruz introduced legislation banning the Federal Reserve from moving forward with a central bank digital currency that would be available for use by consumers.

Turmoil within the banking sector has upended expectations for the Federal Reserve's rate-hike decision Wednesday as officials continue to grapple with high inflation.

Harvard Law professor emeritus Alan Dershowitz analyzes developments surrounding a potential indictment of former President Trump on 'Mornings with Maria.'

FOX Business' Stuart Varney reacted to Biden rejecting a Republican-led bill to prevent pension fund managers from basing investment decisions on factors like climate change.

U.S. regulators are willing to take drastic actions to protect small and mid-sized banks amid fears of deposit runs that "pose the risk of contagion."

TikTok CEO Shou Zi Chew in testifying before the House Energy and Commerce Committee Thursday is expected to reveal the Chinese-owned platform now has 150 million active users in the U.S.

West Virginia Sen. Joe Manchin condemned President Biden's administration after the president vetoed a resolution that would nullify the Department of Labor's proposed rule on ESG standards.

Mid-sized regional banks and community banks around the country are urging regulators to consider lifting the FDIC's threshold for uninsured deposits after they granted exceptions.

FOX Business host Larry Kudlow gives his take on the possibility of former President Trump being indicted on Monday's "Kudlow."

President Biden’s veto, which allows investment professionals to consider ESG in portfolio management is unlikely to be overridden in the narrowly divided Congress.

Former Trump deputy national security adviser KT McFarland argued China has smartly positioned itself to capitalize on the outcome of the Ukraine war no matter who wins.

FOX Business' Stuart Varney discussed whether politicians would bail out banks as they did during the 2008 crisis, arguing an economic collapse is worse than a government bailout.