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Day: March 15, 2023

Why most bank deposits are safe, despite the Silicon Valley Bank collapse

Andrea Ronchini/NurPhoto via Getty Images (NEW YORK) — The failure of Silicon Valley Bank, the second-biggest bank collapse in U.S. history, called into doubt the fate of roughly $175 billion in customer deposits. Days later, the U.S. government

Defense Secretary Austin speaks to Russian counterpart about US drone incident

Alex Wong/Getty Images (WASHINGTON) — Defense Secretary Lloyd Austin said Wednesday that he spoke with Russia’s defense minister about what he called “risky” behavior by Russian fighter jet pilots who the U.S. says caused an American drone to

16-year-old softball player with cerebral palsy inspires thousands with surgery recovery

ABC News (NEW YORK) — A 16-year-old softball player with cerebral palsy has gained thousands of social media followers sharing her recovery efforts after a major leg surgery. Throughout her life, Charlie Duffy has had over 20 surgeries

War reporter who nearly died in Ukraine writes memoir to heal

Will Bremridge (NEW YORK) — Moments after a bomb explosion by a Russian drone in Kyiv Oblast, Ukraine, Benjamin Hall found himself on the ground covered in his own blood, his right leg barely hanging from his body.

Experts call cryptocurrency a 'bystander' in SVB, Signature Bank collapses

lvcandy/Getty Images (NEW YORK) — In the wake of last year’s collapse of cryptocurrency exchange FTX, the collapse this week of Silicon Valley Bank and Signature Bank — representing the second and third largest bank failures in

Credit Suisse, Citi and more bank stocks tumble amid Silicon Valley Bank turmoil

Javier Ghersi/Getty Images (NEW YORK) — Bank stocks in the U.S. and Europe tumbled on Wednesday as the global financial system continued to reckon with the Silicon Valley Bank collapse, the largest bank failure since 2008. Shares

Report: Running back David Montgomery, Detroit Lions agree on three-year deal

Jeffrey Grigsby / EyeEm/Getty Images (NEW YORK) — Chicago Bears running back David Montgomery is reportedly headed to Detroit. Citing a source, ESPN reports Montgomery, 25, has agreed on a three-year, $18 million deal with the Detroit

Hundreds show up to support Meals on Wheels at Soups on for Seniors event

Jackson, Mich. — Hundreds turned out for soup but more importantly to support seniors of Jackson County with the Soups on For Seniors event last night at the American 1 Events Center at Keeley Park. Diane Derby, the

After the fall of Silicon Valley Bank and Signature Bank, here are tips to keep your money safe

Catherine McQueen/Getty Images (NEW YORK) — The closures of two of the nation’s largest banks over the past week have put many consumers on edge. Silicon Valley Bank, the nation’s 16th largest bank, struggled as the sharp

OpenAI releases GPT-4, claims its chatbot significantly smarter than previous versions

Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — OpenAI released the latest version of ChatGPT, the artificial intelligence language model making significant waves in the tech industry, on Tuesday. GPT-4, the latest model, can understand images as

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