NASA’s James Webb Space Telescope captured a star getting ready to die in stunning detail. The image shows a rare Wolf-Rayet star, expelling its outer layers in the phase before a supernova. It’s creating dust that could one day collapse…
Silicon Valley Bank’s collapse on Friday was the second-largest bank failure in US history. Its failure led to the collapse of Signature Bank. The FDIC insures customers’ funds in case something like this happens. LoadingSomething is loading. Thanks for signing…
In June 2017, Vincent Orr won an abandoned home from the Detroit Land Bank Authority for just $2,100. In 2019, he purchased a second vacant home from the DLBA for $1,200. Orr transformed both homes into livable spaces with only…
A former FDIC chair says there’s “no doubt” more banks will fail after Silicon Valley Bank’s collapse. William Isaac said the collapse of SVB seemed “a lot like the 1980s” banking crisis, per Politico. Many observers still think SVB’s failure…
Silicon Valley Bank’s collapse is Wall Street’s gain as customers flee smaller lenders, per the FT. Deposits are pouring into JPMorgan, Citi and Bank of America thanks to fears about smaller banks’ stability. “The calls have been coming in today…
Lenders named Signature Bank in various US states are clarifying they are not related to their failed New York namesake. Signature Bank, New York was shut down by regulators on Sunday amid the banking crisis. The SVC Bank in India…
Kevin O’Leary has blamed Silicon Valley Bank’s management for the bank’s implosion. O’Leary excoriated the bank’s “negligent board of directors” and “idiot management.” Silicon Valley Bank collapsed after a bank run, and there are differing opinions on why that happened.…
Dynamic pricing is being used to set prices for activities beyond ridesharing and concert tickets. One family was asked to pay $418.90 to go bowling, The Wall Street Journal reported. Experts warned businesses would most likely implement surge pricing in…
Ukraine’s defense is being hindered by the loss of experienced soldiers, The Washington Post reported. One commander said all 500 original members of his battalion had been killed or injured. Soldiers with significant combat experience “are all already dead or…
A former NYPD officer was found guilty of seven counts related to the Jan. 6, 2021, Capitol riot. Prosecutors say Sara Carpenter spent approximately 35 minutes inside the building. Carpenter wielded a tambourine while she walked throughout the Capitol that…
