An arrest has been made in the killing of Cash App founder Bob Lee, who was stabbed to death on April 4 in the streets of San Francisco. Lee, who was most recently employed by the cryptocurrency startup MobileCoin, lived in the city for a number of years before reportedly relocating to Miami due to reported concerns…

Tech entrepreneur Bob Lee, who helped launch Cash App and was most recently employed by the cryptocurrency startup MobileCoin, was stabbed to death April 4 on the streets of San Francisco. Lee had lived in the city for a number of years before reportedly relocating to Miami due to reported concerns he had about San Francisco’s…

A newly released report details child sex abuse scandals within the archdiocese of Baltimore. We have the staggering numbers listed in the state attorney general’s report. And Cash App founder Bob Lee was stabbed to death on the streets of San Francisco. These stories and more highlight the daily rundown for Thursday, April 6, 2023. …

Twitter’s official logo was taken over by a familiar face the week of April 2 after Elon Musk converted the platform’s signature blue bird to a Shiba Inu dog on its desktop site front page. The dog has been a symbol often linked to the cryptocurrency Dogecoin, and the change of logo briefly saw the…

The failures of Silicon Valley Bank and Signature bank have set off the blame game in the tech industry, the banking industry, and Congress. Some say there weren’t enough regulations. Others say there were plenty, but regulators just didn’t act on reports of a liquidity crisis at SVB. Cryptocurrency advocates say centralized banking was to blame.…

In the wake of the failures of Silicon Valley Bank and Signature Bank, Congress and President Biden are calling for stricter oversight and changes to the U.S. banking system. Biden also assured the American taxpayers that the funds used to pay the banks’ depositors “will come from the fees that banks pay into the Deposit…

Treasury Secretary Janet Yellen attempted to assure banking institutions on Tuesday that the U.S. is prepared to step in and help smaller banks facing bank runs that pose the risk of contagion. It was a more direct sign of support than she gave in testimony to senators last week. One week ago, federal regulators took…

Since the swift collapse of Silicon Valley Bank, the entire banking system has been in turmoil. The news of failed and struggling banks has left millions of Americans with pressing questions. Some of the breakout searches on Google this past week include: What caused the banking crisis? Are we headed for a depression? Is my money…

Since the economy is cyclical, there is a recession coming at some point in our future. The question, of course, is when. And since no one can definitively answer that, speculation will only continue. Economists, traders, and armchair investors will continue to worry about how persistent inflation and perceived trouble in the banking industry will…

The collapse of Silicon Valley Bank caught some high-profile analysts off guard. The former 16th-largest bank in the nation may not have been a household name, but some household names banked there. The entire situation could have taken a toll on the tech sector, but thanks to U.S. regulators, depositors have already regained access to their…