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Record Bank Failures, And What They Mean

Record Bank Failures, And What They Mean

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in U.S. history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in U.S. history. First Republic Bank also seemed...

Biden Asks for Massive $886 Billion Military Budget for 2024

Biden Asks for Massive $886 Billion Military Budget for 2024

The White House is asking Congress for a whopping $886.4 billion military budget for the fiscal year 2024, with $842 billion of it going to the Pentagon. The rest would go toward other federal agencies’ military spending, including the Energy Department’s nuclear weapons program.

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