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U.S. Treasury Secretary Janet Yellen says Friday she's tracking a number of banks as Silicon Valley Bank has faced major problems. Source

U.S. stocks ended sharply lower Friday as investors parsed mixed signals from the February jobs report amid ongoing concerns about contagion in the banking… Source

U.S. Treasury Secretary Janet Yellen said Friday she’s tracking Silicon Valley Bank’s problems as it deals with big losses. “You mentioned Silicon Valley Bank,” Yellen said, as she responded to a lawmaker while testifying before the House Ways and Means Committee. “There are recent developments th Source

A leading infectious-disease expert said this week that data is showing the coronavirus has moved to the endemic phase. Source

Silicon Valley Bank has been closed by the regulator, amid a spiraling crisis at its parent SVB Financial Group. Source

An obscure provision of a 1996 law unwittingly makes the Social Security trust fund vulnerable to being raided Source

Heavy trading in SVB Financial debt push its 10-year bonds as low as 31 cents on the dollar on Friday after the failure of its subsidiary Silicon Valley… Source

SVB Financial faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash. Source

U.S. stocks suffered their worst weekly rout of the year as another hotter-than-expected jobs number and the first major American bank failure since 2008… Source

Streaming platform Roku Inc. on Friday said it “does not know” to what extent it would be able to recover the cash it has deposited with the recently-failed… Source