Markets Climb as Silicon Valley Bank Finally Finds a Buyer

Markets Climb as Silicon Valley Bank Finally Finds a Buyer

First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.
Will the Fed Raise Interest Rates During a Banking Crisis?

Will the Fed Raise Interest Rates During a Banking Crisis?

The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.