Economy
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A Social Security trust fund is expected to run short of cash by 2033, according to new estimates, which would potentially reduce benefits to millions of Americans who depend on the program. Kevin Dietsch/Getty Images hide caption
In Lviv, Kateryna Sporysh holds a box of medicine to donate to people living near Ukraine's front lines. Joel Wasserman/Joel Wasserman hide caption
HOUSTON, TX - DECEMBER 14: (EDITORIAL USE ONLY) A medical staff member Stephanie takes a short nap in nursing station in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 14, 2020 in Houston, Texas. (Photo by Go Nakamura/Getty Images) Go Nakamura/Getty Images hide caption
Feb. 18, 2022, smoke billows from the burning Felicity Ace car transport ship as seen from the Portuguese Navy NPR Setubal ship southeast of the mid-Atlantic Portuguese Azores Islands. (Portuguese Navy via AP, file) Portuguese Navy via AP/AP hide caption
Federal Reserve Vice Chair for Supervision Michael S. Barr appears before the Senate Banking, Housing and Urban Affairs Committee in Washington, D.C., on March 28, 2023. The collapse of Silicon Valley Bank has sparked scrutiny from lawmakers who want to know what went wrong and whether regulators did enough to oversee the lender. Win McNamee/Getty Images hide caption
5 things we learned from the Senate hearing on the Silicon Valley Bank collapse
A security guard looks out a door as customers line up at Silicon Valley Bank headquarters in Santa Clara, California on March 13, 2023. Noah Berger/AFP via Getty Images hide caption
Richard Lonsinger at his home in Lawrence, Kansas, holding a photo of himself as a child shortly after he was adopted. Sam Yellowhorse Kesler/NPR hide caption
President Biden and Republicans in Congress are on a partisan collision course over raising the debt ceiling. J. Scott Applewhite/AP hide caption
President Biden enters the Roosevelt Room on March 13 to talk about why the government backstopped all deposits at two failed banks. Anna Moneymaker/Getty Images hide caption
Teetering banks put Biden between a bailout and a hard place ahead of the 2024 race
WASHINGTON, DC - MARCH 07: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Win McNamee/Getty Images hide caption
Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on Feb. 1, 2023. The Fed on Wednesday raised interest rates again, opting to continue its fight against inflation despite turmoil in the banking sector. Saul Loeb/AFP via Getty Images hide caption
The Fed raises interest rates again despite the stress hitting the banking system
Treasury Secretary Janet Yellen said that depositors at small banks could be eligible for the same kind of protection extended to customers at two regional banks that failed this month. Yellen made the remarks at a speech she delivered to the American Bankers Association on March 21, 2023. Jim Watson/AFP via Getty Images hide caption
Janet Yellen says the U.S. is ready to protect depositors at small banks if required
An unhoused individual sleeps under an American flag blanket in New York City on Sept. 10, 2013. In 2021, approximately 11% of Americans lived below the federal poverty line. Spencer Platt/Getty Images hide caption
Private opulence, public squalor: How the U.S. helps the rich and hurts the poor
Photo taken on December 6, 2008 shows the logo of Credit Suisse at one of the Swiss bank branches in Zurich. FABRICE COFFRINI/AFP via Getty Images FABRICE COFFRINI/AFP via Getty Images hide caption
Why should you care about the knotty problems of the banking world? Below are a few possible consequences to watch. Patrick T. Fallon/AFP via Getty Images hide caption