Federal officials insisted their emergency measures to shore up deposits wouldn’t come at taxpayers’ expense. But the public could still bear some indirect costs, one expert warned.

Silicon Valley Bank’s historic meltdown was largely attributed to worsening business conditions in the firm’s concentrated customer base and an ill-timed decision to invest billions of dollars in mortgage-backed securities.

Silicon Valley Bank’s sudden collapse hasn’t stopped the party at SXSW, but it’s the topic of conversation and consternation for many.

Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists.

Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of the payments.

Etsy is warning sellers that the collapse of Silicon Valley Bank is causing delays in processing payments, according to an email from the company shared with NBC News.

As reports of near-collisions pile up early into 2023, the Federal Aviation Administration is reassessing safety risks for travelers.

Belgium is banning TikTok from government phones over worries about cybersecurity, privacy and misinformation, the country’s prime minister said Friday.

Former Rep. Stephen Buyer was convicted of trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc. ahead of its merger with Sprint.

Silicon Valley Bank, the 16th largest bank in the United States, is shut down. With $175 billion in deposits, it is the biggest American bank to fail since the 2008 financial crisis. CNBC’s Deirdre Bosa reports.