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SVB collapse blame game, crypto banks fail, and the truth about password safety

3 years 6 months ago
Bloomberg Businessweek's Max Chafkin tells "Nightcap's" Jon Sarlin that the run on Silicon Valley Bank suggests venture capitalists are not as smart as they think they are. Plus, crypto podcaster Jacob Silverman discusses why the collapse of two crypto banks is a big deal for the industry. And SocialProof Security's Rachel Tobac explains why legacy password rules, like frequent changes and special characters, might not keep you from getting hacked. To get the day's business headlines sent directly to your inbox, sign up for the Nightcap newsletter.

Should I pull my money out of the bank? What to know about bank failures

3 years 6 months ago
Is my money safe? That's the question on many bank customers' minds after the stunning failures of Silicon Valley Bank and Signature Bank in the past week, along with the current problems at Credit Suisse — though the Swiss bank's issues are very different from what took down the two US regional banks.

US home building surged in February

3 years 6 months ago
US home building jumped higher in February, turning around after five consecutive months of falling even as mortgage rates were climbing last month.

Ja Morant suspended 8 games by NBA

3 years 6 months ago
Memphis Grizzlies guard Ja Morant has been suspended by the NBA for eight games without pay for "conduct detrimental to the league," officials announced Wednesday.

Banking meltdown: Answers to your 5 most pressing questions

3 years 6 months ago
The banking meltdown over the past week has left us with more questions than answers. The stunning collapse of two American banks and the loss of investor confidence in Credit Suisse led to wild market swings and put Wall Street on edge.
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