First Citizens BancShares will acquire Silicon Valley Bank, the California lender whose collapse this month sent shock waves across the financial sector. The Federal Deposit Insurance Corporation seized control of Silicon Valley Bank on March 10, after a run on deposits had left it insolvent. […]

Six years ago, I took over my father’s finances. Two weeks before signing the power-of-attorney paperwork, I was in a neurological intensive care unit on Long Island, standing at the end of his hospital bed and clutching a ledger I had purchased from an office […]

After a weak start to the year, hiring rebounded strongly in Colorado in February. But the number of people joining the labor force outpaced the number of jobs added, resulting in a slightly higher unemployment rate, according to a monthly update from the Colorado Department […]

A Delaware judge overseeing Dominion Voting Systems’ $1.6 billion defamation lawsuit against Fox News said in a pretrial hearing on Tuesday that he was still weighing whether to issue a summary judgment for either side in the case. In a hearing in Wilmington, Del., on […]

A momentous Fed decision The failures of Silicon Valley Bank and three other lenders over the past 11 days has put the Fed in a difficult position as it prepares to deliver on Wednesday one of the most consequential decisions on interest rates of the […]

WASHINGTON — The Federal Reserve and other major global central banks on Sunday announced that they would work to make sure dollars remain readily available across the global financial system as bank blowups in America and banking issues in Europe create a strain. The Fed, […]

Sara Mauskopf’s day-to-day concerns — her customers, her employees, her own three children — don’t typically involve the Federal Deposit Insurance Corporation. She is the chief executive of Winnie, a start-up that helps families find child care and helps child care providers find customers, serving […]

Banks failed. Rich men became publicly agitated, demanding protection. Regulators stepped in to try to stop the panic. Markets wobbled anyway. And now we everyday actors in the economy are supposed to do what, exactly? It’s not a rhetorical question. Too many people default toward […]

Cleaning up a Swiss mess Shares in Credit Suisse rose as much as 40 percent on Thursday, after the embattled lender said it would borrow up to $54 billion from the Swiss National Bank to restore investor confidence. The move appeared to allay fears of […]

When someone pays you cash, you have it instantly. But if that transaction is done online, be prepared to wait days to receive it. Even direct deposits — while more timely — rely on a bank’s schedule, and processing can take days. That’s largely by […]