Candida auris is a yeast responsible for many infections. Resistant to most anti-fungal drugs, this fungus causes several deaths worldwide. BSIP | Universal Images Group | Getty Images A fungus that is often resistant to drugs has spread at an “alarming rate” through health-care facilities in the U.S., according to the Centers for Disease Control … Read more
The Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, DC, US, on Monday, March 13, 2023. Al Drago | Bloomberg | Getty Images Four prominent U.S. lawmakers on banking matters said on Sunday they would consider whether a higher federal insurance limit on bank deposits was needed to stem a financial crisis marked by a … Read more
WASHINGTON (AP) — Bills were filed, hearings were planned and blame was cast as Congress reacted this past week to the abrupt failure of two banks. A look at what lawmakers are saying and planning as the fallout continues from the collapse of Silicon Valley Bank and Signature Bank. QUICK LEGISLATIVE FIXES UNLIKELY While President … Read more
WASHINGTON (AP) — Treasury Secretary Janet Yellen offered firm, upbeat reassurances to rattled bank depositors and investors Thursday, even as American financial institutions and European agencies ordered fresh rescue efforts following the second-largest bank collapse in U.S. history. Questioned closely, sometimes aggressively, Yellen told senators at a Capitol hearing that the U.S. banking system “remains … Read more