Author: Paul Davidson, USA TODAY

After Silicon Valley Bank’s collapse, banking system ‘remains sound,’ depositors’ savings ‘remain safe’ due to U.S. action, Treasury Sec. Yellen says

SVB’s collapse and banking stress will likely reduce GDP growth slightly, by 0.2 to 0.3 percentage points. Banks will likely be more hesitant to lend

The Federal Reserve is risking a recession by trying to curtail wage growth and inflation. Some economists say its impact on wages may be limited.

Labor Dept: U.S. employers added 311,000 jobs in February as hiring slowed after booming gains the prior month, jobs report shows. Unemployment rose to 3.6%.

The Consumer Financial Protection Bureau found Americans were hit with many junk fees for auto loans, mortgages, student loans and payday lending.

Job openings declined in January while layoffs increased in signs demand for workers may be easing. The number of people quitting jobs also fell.

Powell tells Congress the Fed could raise interest rates more than anticipated to tame inflation. Price increases and job growth have surged lately.

The Federal Reserve will lift interest rates more than planned if a trend of strong job growth, high inflation doesn’t reverse, a key official says.

Here are 6 college majors that lead to median salaries of under $40,000 within five years of graduation. Among them: theology, psychology, hospitality

As layoffs and recession worries increase, more companies are turning to gig economy workers, freelancers and contractors