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I've Always Wondered ...

What would happen if paper money became obsolete?

by Janet Nguyen
Apr 21, 2023
A large number of Americans have gone cashless, but many still have to rely on it.
Cash is still here to stay.
OZAN KOSE/AFP via Getty Images
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Watch prices and credit ahead of next rate decision, Chicago Fed CEO says

by Kai Ryssdal and Andie Corban
Apr 19, 2023
The intensity of a coming economic slowdown will depend on how much banks tighten credit conditions, says Austan Goolsbee.
Austan Goolsbee jokes that his informal speaking style makes the Fed's media staff sweat. "Every time I stand up, they’re like, 'Oh, no.'”
Chip Somodevilla/Getty Images
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Banks in Turmoil

Banks are borrowing less from the Federal Reserve

by Nancy Marshall-Genzer
Apr 14, 2023
That's good news, but banks are still borrowing a lot more from the Fed than they typically do.
New central bank data shows that banks borrowed about $9 billion less from the Fed in the week ending April 12, according to Krishna Guha, vice chair of Evercore ISI.
Kevin Dietsch/Getty Images
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Banks in Turmoil

Banks to start reporting quarterly earnings, providing clues about the economy

by Mitchell Hartman
Apr 13, 2023
First up: the biggest financial institutions. They're likely to show strong results.
Citibank is among the large financial institutions that will report results Friday. Considering recent instability in the sector, analysts will examine the data closely.
Andrew Caballero-Reynolds/AFP via Getty Images
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Banks in Turmoil

The history of “too big to fail”

by Kai Ryssdal and Maria Hollenhorst
Apr 13, 2023
In the wake of the Silicon Valley Bank debacle, the 1984 failure of Continental Illinois remains relevant.
The head offices of Bear Stearns, left, and JPMorgan Chase in New York in March 2008. After Bear went bust, JPM acquired its remains for a small sum.
Don Emmert/AFP via Getty Images
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Banks in Turmoil

Why we're paying extra attention to senior loan officers right now

by Kai Ryssdal and Andie Corban
Apr 11, 2023
The recent banking turmoil could further tighten credit conditions and slow down the economy.
Kent Belasco of Marquette University believes the recent bank failures are isolated, but "it does have an impact on the banking industry as a whole."
Justin Sullivan/Getty Images
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Banks in Turmoil

Has the banking crisis been a boon for crypto?

by Lily Jamali
Apr 3, 2023
Bitcoin and other digital currencies are riding a wave of momentum that started last month after tumult in the banking industry.
Bitcoin came into being after the Great Recession. Its price rallied after recent bank turmoil.
Mario Tama/Getty Images
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Banks in Turmoil

So how are consumers feeling about the economy post-SVB?

by Matt Levin
Mar 30, 2023
It may be hard to tell from some data out Friday, which is for February. But we may still get a read on whether consumer sentiment is changing.
February consumer spending numbers will show whether January's spending numbers were an anamoly.
Spencer Platt/Getty Images
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Banks in Turmoil

Bank regulators face a grilling on Capitol Hill while calming markets and the public

by Kimberly Adams
Mar 27, 2023
Besides testifying in hearings, regulators need to get a few messages across, including that the system worked, a PR executive says.
"As far as the overall banking system is concerned, I do think that SVB was an outlier," said Anusha Chari, a professor at UNC Chapel Hill.
Justin Sullivan/Getty Images
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Banks in Turmoil

Who are bank examiners, and what do they do?

by Matt Levin
Mar 24, 2023
Examiners are the government employees who monitor a bank’s safety and soundness. What happened in the case of Silicon Valley Bank?
Patrick T. Fallon/AFP via Getty Images
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