The Latest Breaking News from Wells Fargo

Silicon Valley Bank was taken over by federal regulators on Friday, capping a spectacular collapse after the lender suffered a run on deposits.

The S&P 500 plunged below its 200-day line as SVB Financial triggered a sell-off in bank stocks. The February jobs report looms.

Several Wells Fargo mortgage bankers were at a retreat at Palm Desert just a few weeks ago. Now, many of them have lost their jobs.

SAN FRANCISCO — Last November, New Jersey native Christian Plummer was released from jail after being sentenced to two years in federal prison for robbing six banks around the Bay Area.

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Payday Friday is increasingly coming one or two days early — on Wednesday or sometimes Thursday.

Content warning: This story includes descriptions of sexual assault.

Major layoffs at big technology companies have dominated national headlines in recent months, seemingly portending doom and gloom for tech workers. But the reality for most companies, including Philadelphia employers, is a continuing shortage of skilled technologists and a desire to hire more.

Unemployment among Black Americans fell to 3.4% in January, while labor force participation hit pre-pandemic levels