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Higher Rates Are Coming for U.S. Companies
Finances

Higher Rates Are Coming for U.S. Companies

The burden of interest rates on most companies is still exceedingly low. But over the next year, that will start to change. Source link

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Business

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Finances

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Debt Grows More Expensive, Harder to Get for Startups After SVB Collapse
Business

Debt Grows More Expensive, Harder to Get for Startups After SVB Collapse

With Silicon Valley Bank’s future uncertain, startups backed by venture capital looking for new lenders are facing higher borrowing costs, onerous terms or even closed

Bank of England Lifts Rates by Quarter Point, Following Fed
Business

Bank of England Lifts Rates by Quarter Point, Following Fed

The move marks a fresh sign that policy makers around the world are determined to press down on inflation despite strains in the banking system.