Quartz
Quartz (qz.com) is a global digital-only business news publication. It is owned by Atlantic Media Co., the publisher of The Atlantic, National Journal, and Government Executive. Its team of 150 staff members was pulled together from prominent brands in business journalism: Bloomberg, The Wall Street Journal, The Economist, and The New York Times." The four initial sponsors of Quartz were Boeing, Chevron, Cadillac, and Credit Suisse. Quartz's core market is global business people, with its focus on international markets. Its news articles cover global economy news, ranging from geo-political conflicts to policies and regulations.
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Rick Wilking (Reuters)
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When it comes to deposit insurance rules, the Federal Deposit Insurance Corporation (FDIC) only wants the US Congress to change what it absolutely must. In a new report issued in the wake of Silicon Valley Bank’s failure, the banking regulator posits that it’s only business banking accounts used for payroll that need extra deposit insurance, and not the entire system of deposits.
A reform this narrow means that for other account categories, customers would still need to mind the FDIC insurance limits—currently $250,000 per depositor for each type of account at an insured institution.