Contagion fears have spread in markets after the bank’s collapse.
Saudi sovereign wealth fund reportedly near $35 billion deal for Boeing jets
Saudi Arabia’s Public Investment Fund is reportedly close to a deal to order Boeing commercial jets for the fleet of a new national airline.
Silicon Valley Bank employees received bonuses hours before government takeover
The SVB employee bonuses were for work done in 2022 and had been in process days before the company’s collapse, sources said.
Etsy warns sellers of delay in processing payments due to Silicon Valley Bank collapse
One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business.
Investors implore the government to step in after Silicon Valley Bank failure
Voices from tech and finance are increasingly calling for the federal government to push another bank to take over the failed Silicon Valley Bank.
Relativity at the last moment calls off launch attempt of Terran 1 rocket after briefly igniting engines
3D-printing specialist Relativity Space postponed the latest attempt at its debut rocket launch on Saturday.
BBC crisis escalates as players and stars rally behind suspended soccer host Gary Lineker
The BBC was forced to scrap much of its weekend sports programming as it scrambled to stem an escalating crisis over its suspension of host Gary Lineker.
Show me the money: The highest revenue raising taxes in Biden’s proposed budget
President Joe Biden released his 2024 budget plan Thursday which promises to cut the deficit by $3 trillion over the next decade.
Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure
The U.S. cryptocurrency firm Circle’s USD Coin lost its dollar peg and fell to a record low Saturday morning.
Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure
The U.S. cryptocurrency firm Circle’s USD Coin lost its dollar peg and fell to a record low Saturday morning.