Could the banking turmoil affect you? 5 ways it might
There are possible consequences for regular people, small businesses and the economy.
Business
Can banks be sued for profiting from Epstein's sex-trafficking? A judge says yes
A trio of lawsuits allege that JP Morgan Chase and Deutsche Bank actively enabled Jeffrey Epstein to run a sex-trafficking ring for underage girls. A judge partially denied a motion to dismiss.
Biden vetoes his first bill. The White House said it would have been bad for retirees
NPR's Leila Fadel talks to Jeffrey Sonnenfield, professor of management at Yale University, about investment decisions taking into consideration environmental, social and corporate governance factors.
The Federal Reserve tries to limit any further damage to the banking system
The Federal Reserve is facing a decision this week on whether to raise interest rates again to fight inflation or take a breather to avoid putting more stress on the banking system.
Morning news brief
GOP lawmakers largely back ex-President Trump ahead of his possible arrest. Staff of the Los Angeles Unified School District plan a walkout. Silicon Valley Bank casts a shadow over the Fed meeting.
Minority-owned banks say depositors shouldn't worry — their money is safe
NPR's Leila Fadel talks to National Bankers Association President and CEO Nicole Elam about the health of minority-owned banks in the U.S. following the sudden collapse of Silicon Valley Bank.
Need a consultant? This book argues hiring one might actually damage your institution
A new book argues the consulting industry is weakening businesses, harming the government, and distorting the economy.
Are you trying to buy a home? Tell us how you're dealing with variable mortgage rates
Recent high and fluctuating mortgage rates, compounded by bank closures, have created a challenging time in the housing market. NPR wants to know how you are navigating buying or selling a home.
Swiss bank UBS will take over its competitor Credit Suisse for more than $3 billion
The deal was brokered by the Swiss government to try to contain a crisis of confidence in global financial markets.
New York Community Bank agrees to buy a large portion of Signature Bank
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank's subsidiaries.