financial stability

A security guard at Silicon Valley Bank monitors a line of people outside the office in Santa Clara, Calif., on March 13, 2023. The Fed will now need to factor in the impact of the collapse of the lender, along with Signature Bank, as it makes its next decision on interest rates.

The Fed already had a tough inflation fight. Now, it must deal with banks collapsing

4:24pm March 14, 2023

by Scott Horsley

Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.

Stephannia Swain is a cook who was laid off as a result of the pandemic. COVID-19's economic aftershocks have hit the hospitality industry especially hard.

Pandemic Threatens Long-Term Job Security After Hospitality Industry Layoffs

8:34am September 29, 2020

by Laura Benshoff

Experts say the hotel industry may not return to pre-pandemic levels until 2023. Hospitality workers are bearing the brunt of this long downturn.

Queue Listen Now

For Furloughed Worker, Isolation, Hit To Self-Worth Hurt As Much As Lost Pay

8:02am January 20, 2019

by Lulu Garcia-Navarro

NPR's Lulu Garcia-Navarro talks to Jaime, a tax examiner with the Internal Revenue Service, about the toll the government shutdown is taking on her mental health.

GE Capital Wants Off The List Of Too-Big-To-Fail Institutions

1:16pm March 31, 2016

by Jim Zarroli

The company says it's getting out of the financial services industry and should no longer be subjected to so much federal government oversight.