Treasury Secretary Janet Yellen said on Wednesday that the Federal Deposit Insurance Corporation (FDIC) was not considering providing “blanket insurance” for banking deposits following the collapse of two prominent U.S. banks this month.
Category Archives: business
Dick Van Dyke hit a block wall while driving in Malibu, authorities say
Dick Van Dyke was driving on a slick road last week in Malibu when he crashed into a block wall, authorities said Wednesday.
Fed raises interest rates by a quarter-point, keeping inflation in crosshairs
By imposing another rate increase, the Federal Reserve is prioritizing its fight against price increases, despite shakiness in the financial sector.
NTSB chair says trains need more image and audio recorders after Ohio derailment
The NTSB chair said Wednesday that freight trains should be required to have inward and outward-facing image and audio recorders in the wake of the East Palestine derailment.
After deadly shootings during spring break, Miami Beach officials reckon with ‘lawless crowd that can’t be controlled’
Miami Beach officials are scrambling to come up with meaningful solutions after another violent spring break highlighted its struggle to control the influx of visitors and the lawlessness some of them bring.
'War room' mentality pervades Mar-a-Lago with possible Trump indictment looming
Donald Trump doesn’t want to be indicted, but he believes Republicans will rally around him if a grand jury in Manhattan charges him.
Judge approves 'crime fraud exception' in special counsel probe of Trump classified documents
Special Counsel Jack Smith’s office presented sufficient evidence to establish that former President Donald Trump committed a crime through his attorneys, a U.S. district judge ruled Friday night, a source briefed on the proceedings confirmed to NBC News on Wednesday.
Siding with Starbucks, House Republicans probe federal labor agency
House Republicans issued a subpoena for documents to the NLRB on Wednesday, alleging misconduct by its officials in union elections involving Starbucks Corp.
TikTok ban would be 'a slap in the face' to young Democratic voters, activists warn
Democrats are weighing whether banning TikTok could come with heavy political repercussions.
Must work well with ChatGPT: Employers are posting more jobs involving AI tools
Data from LinkedIn, Indeed and ZipRecruiter show many employers searching for candidates to help them integrate artificial intelligence technology into daily workflows.