Rising number of Americans choose bankruptcy to deal with unmanageable debt: report

Total individual bankruptcy filings in February rose to 30,193, up 18% from a year ago and up 2% from January, according to a recent American Bankruptcy Institute (ABI) report.

Congress to grill top regulators over bank collapses

Two congressional committees are set to begin hearings on the recent collapse of two major banks.

Student loan refinance interest rates fall for 10-year loans

The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.

First Citizens to acquire troubled Silicon Valley Bank, FDIC says

Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.

How far does $100,000 go in New York City?

The company SmartAsset compared how much $100,000 was worth in 76 of the largest cities in the U.S.

Gender pay gap in US hasn’t changed much in two decades, report finds

New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.

Federal Reserve raises key interest rate by quarter-point

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

MacKenzie Scott launches new 'open call' to donate $250 million to nonprofits

Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.

Gas prices hold steady despite market turmoil: AAA

The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.

Parent of Silicon Valley Bank seeks bankruptcy protection

The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.

First Republic receives $30-billion rescue from 11 large banks

Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.