Banks are sitting on unrealized losses thanks to rising interest rates. That helped lead to the implosion of Silicon Valley Bank this month.
Watch live at 4 p.m. as Quincy Carrier and Sam Amico join host Dave Bacon.
The WH and Fed have been in damage control since the collapse of Silicon Valley Bank and Signature Bank. Many are blaming Trump-era rollbacks, which 17 Democrats supported. One of them, former Senator Doug Jones (D-AL), joins Mehdi to discuss the collapse and what this means for the broader economy.
The Bank of England has raised interest rates to their highest level in 15 years. CBS News anchors Meg Oliver and Errol Barnett spoke with foreign correspondent Imtiaz Tyab about what this means for residents and the economy.
DeAndre Hopkins trade rumors say the Atlanta Falcons are interested…should they be?
The team cited security risks concerning a Russian law’s impact on a player from Russia and his family.
Hank Wallace will show you how to be ?concise as news, precise as law.? Hank leads the seminar Write & Speak Like the News: 9 Journalism Skills to Transform Your Communication Skills. He was a reporter for New Jersey’s Middletown Courier and Red Bank Daily Register, he wrote the FCC’s plain-language newsletter and he’s a graduate of Columbia Law School. For more see: hankwallace.com This show is a gathering place for anyone seeking recovery from the challenges of life on life’s terms. We discuss useful tools that have helped us lighten the load, of our journey through recovery. More will be revealed! This is a “we” recovery program, because it is in the “we,” that we find the new “me.” We focus on the four A’s of Recovery: Awareness, Acceptance, Action and Adaptation. This is a place for survivor’s striving to become thrivers, which takes a good bit of Warrior! Hosted by Kim Justus, author of In a Flash: Miracles Here and Beyond and Hootie’s Hollow and the Magic Tree found at inaflash.org and Amazon & “Like” me at facebook.com/inaflash.org too!
U.S. Treasury yields declined on Thursday as investors digested the Federal Reserves latest policy decision and considered the central banks policy guidance.
Sen. Elizabeth Warren (D-MA) called for the removal of Federal Reserve Chairman Jerome Powell, who she said is trying to tank the economy on purpose.
The Federal Reserve hiked interest rates by a quarter point, as markets had expected. They didn’t expect Powell’s warnings on the economy.
The Federal Reserve is raising its key interest rate 0.25 percentage point. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined John Dickerson on Prime Time to discuss the Fed's decision.
A storm that moved through the Montebello, California, area produced a weak tornado on Wednesday that damaged 17 buildings and caused one minor injury.