Is this a banking crisis? What to know about the Silicon Valley Bank collapse
Justin Sullivan/Getty Images (NEW YORK) — The largest bank failure since the 2008 crisis has triggered a major U.S. government intervention to protect the financial system. Silicon Valley Bank, the nation’s 16th largest bank, collapsed on Friday,
Americans lost $10.3 billion to internet scams in 2022, the FBI says
Witthaya Prasongsin/Getty Images (WASHINGTON) — Americans lost $10.3 billion to a wide variety of internet scams last year, according to an FBI report released this month. The losses were the highest in five years, according to the
Spring Arbor library to celebrate grand opening of new space March 18
Jackson, Mich. — In an effort to refresh all the branches of the Jackson District Library (JDL), the new Spring Arbor Branch is having a grand opening Saturday, March 18. The newly renovated branch, which moved to
The Top 15 movies that represent Generation X
The Top 15 movies that represent Generation X include some of my all-time favorites. Although I am not a part of Generation X, these movies are classics and bring me back to some fun memories from my
The Michigan Lottery will give schools a boost with $1.2 Billion dollars
Jackson, Mich. — The Michigan Lottery will give schools a boost with $1.2 billion dollars. Marking their fourth consecutive contribution of more than a billion dollars or more, the Michigan Lottery and Governor Grethen Whitmer announced earlier
NCAA March Madness brackets are set
PhotoAlto/Sandro Di Carlo Darsa/Getty Images (NEW YORK) — March Madness fans rejoice: Selection Sunday is now behind us and we now know the 68 teams that will be participating in this year’s NCAA men’s basketball tournament. The
Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation announced Sunday that they will make additional funding available to ensure all Silicon Valley Bank deposits, both insured and uninsured, will be
North Korea launches two cruise missiles from submarine ahead of US-South Korea military drills
omersukrugoksu/Getty Images (SEOUL, South Korea) — North Korea claimed to have launched two strategic cruise missiles from a submarine into the East Sea, also known as the Sea of Japan, on Sunday, but the South Korean military
DOT to send proposed legislation to Congress to ban family seating fees on flights
EllenMoran/Getty Images (WASHINGTON) — The Department of Transportation will send proposed legislation to Congress Monday asking legislators to ban so-called family seating fees on flights. The proposal follows calls from President Joe Biden to get rid of
Silicon Valley Bank UK purchased for £1 by HSBC with plan to protect deposits
PM Images/Getty Images (LONDON) — Silicon Valley Bank UK is being acquired by HSBC in a £1 deal that will protect deposits, the United Kingdom’s chancellor and HSBC said on Monday. “This morning, the Government and the