U.S. regulators took control of a second bank Sunday and announced emergency measures to ease fears depositors might pull their money from smaller lenders after the swift collapse late last week of Silicon Valley Bank. The measures, which include guaranteeing all deposits of SVB, were designed to shore up wavering confidence in the banking ...

Next steps could have ripple effects through the financial system. Bank regulators raced over the weekend to avoid a broader crisis from Friday’s stunningly hasty collapse of Silicon Valley Bank by trying to sell the lender’s assets to shield the banking system and economy from wider fallout. U.S. regulators on Sunday said they are auctioning ...

The cost to renovate three downtown Washington office buildings has swelled to $2.5 billion. Anyone with a recent home renovation project that suffered from rising costs, shortages and delays now has distinguished company: The Federal Reserve, the U.S. institution charged with controlling inflation, is also struggling to hold down expenses on ...