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Fully reimbursing SVB depositors may be bad move

3 years 7 months ago
On Sunday, the US Treasury, Federal Reserve and Federal Deposit Insurance Corporation (FDIC) jointly announced a package of actions to stop the turmoil from Silicon Valley Bank's insolvency and Signature Bank's near collapse. As details gradually emerge about the process that led to that decision, it appears likely that a primary motivation was to rescue Silicon Valley from what might have been a severe downturn.

Ex-Trump lawyer believes indictment is imminent

3 years 7 months ago
Michael Cohen, the former personal attorney to ex-President Donald Trump, joins CNN's Don Lemon for his first TV interview since he testified in front of a New York grand jury as part of an investigation into hush money payments made to adult film star Stormy Daniels.

Dining alone in a Kyiv restaurant, I find a light amid the darkness

3 years 7 months ago
For over 125 years, one of Ukraine's oldest wineries — Prince Trubetskoi — has occupied glorious grounds on the southern slopes of the Dnipro River. Its ancient chateau has survived the First and Second World Wars. Its internationally recognized wines have for decades attracted oenophiles and tourists alike.
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