Since March 10, two banks in the United States have failed: Silicon Valley Bank (SVB) and Signature Bank, the largest bank failures since 2008. Both catered to businesses and had ties to the technology industry, […]
WASHINGTON (AP) — Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the […]
Economic turmoil is slowly taking over the US soil. The Great Recession resulted from a housing bubble whereas the current scenario is becoming startup trouble, leading investors’ hope to a puddle. Moreover, the banking industry […]
There will be real world, Main Street trauma from the implosion of the Silicon Valley Bank, the second-largest bank failure in US history. We just don’t know yet how big. Without some kind of bailout or […]
On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home sales crashed in 2022 from a […]
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