The Latest Breaking News from FDIC

The FDIC recommends increasing the amount of deposit insurance after failures of several banks due to panicked depositors.

The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring only as much as $250,000 in bank deposits

Dimon says that First Republic was the last of the troubled banks to fall.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.17%. U.S. stock indexes this morning are mixed, with the...

The FDIC recommends that Congress raise the cap on deposit insurance for business payment accounts to avoid disruption in bank failures.

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.23%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.31%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.06%. U.S. stock indexes this morning are...

"Ultimately taxpayers will be on the hook," Sen. Elizabeth Warren warned

Plus: Twitter complies with a greater portion of government censorship requests, a judge allows an antitrust suit against Google to go forward, and more...

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.20%. U.S. stock index futures this morning are modestly lower. The markets are awaiting quarterly earnings results this week from Apple, Advanced Micro Devices, and Ford...

San Francisco-based First Republic Bank was seized by the FDIC and substantially all its business was sold to JPMorgan early Monday.

“I put a lot of my time and attention into this, because I think it really threatens to erode democracies,” says Horovitz.