One Thing: Breakdown of a Bank Collapse (and ...

The US military says two US flagged ships pass through the Strait of Hormuz but it’s unclear what that means for commercial shipping companies. A new intelligence reports suggests Russia’s president is tightening security amid assassination and coup concerns. Authorities are inve ...  Show more

The US military to begin guiding civilian ships through Strait of Hormuz. A United airplane hits a pole and bakery truck as it lands at Newark Airport. At least three people are dead from a suspected infection on a cruise. Drones are increasingly being used to get contraband insi ...  Show more

The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ...  Show more

Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ...  Show more

In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.

But efforts to contain the crisis have met resistance, and the fallout of the collapse has ...

A lot has been said about the collapse of Silicon Valley Bank and Credit Suisse. But one important thing revealed by those closely scrutinized failures has largely gone unnoticed: the changing relationship between governments and banks.  Bloomberg Editor-In-Chief John Micklethwai ...  Show more