UBS rescues Credit Suisse in deal brokered by Swiss government
Swiss bank Credit Suisse was purchased by a rival Swiss bank UBS today for roughly $3 billion in an emergency deal that likely saved Credit Suisse from going bust.
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California enters a contract to make its own affordable insulin
Under the $50 million deal, the state is partnering with drugmaker Civica to start making the new generic insulin later this year, Gov. Gavin Newsom said.
Bank fail: How rising interest rates paved the way for Silicon Valley Bank's collapse
Silicon Valley Bank invested billions of dollars in super safe U.S. government bonds. But that choice exposed to the bank to a whole other set of risks.
The Biden administration is calling for tougher penalties on bank executives
The White House is looking for administrative fixes to tighten up banking regulations and supervision after it found itself backstopping uninsured deposits when two mid-sized banks failed.
What the recent struggle of mid-size banks tells us about the future of the economy
The struggles of mid-sized banks in recent days have raised new questions about the future of the U.S. economy.
U.S. Deputy Treasury Secretary Wally Adeyemo reflects on the week of banking instability
NPR's Scott Simon speaks with Wally Adeyemo, U.S. Deputy Treasury Secretary, about a week of instability for some banks and what this might mean for the economy as a whole.
'I'M BACK!' Trump posts on Facebook, YouTube for first time in two years
The platforms, as well as Twitter, had suspended him after the Jan. 6 attack on the Capitol. YouTube was the last to lift its ban, announcing on Friday he could now upload new content.
Locals look for silver linings as Amazon hits pause on its new HQ
Amazon's announcement of a pause in development of its second headquarters, in suburban Washington, D.C., is raising questions about the impact on the local economy.
Coverage and resources for women's basketball lag behind the surge in fan support
NPR's Mary Louise Kelly talks with Chantel Jennings, senior writer for women's basketball for The Athletic, about March Madness and the women's game.
Here's what the latest version of ChatGPT gets right — and wrong
Open AI released a new version of ChatGPT this week. It claims GPT-4 is more powerful than ever, and could even do your taxes. But a quick test drive revealed some problems.