Big banks pledge $30 billion to First Republic as a backstop after the company's stock hit an all-time low following the failure of Silicon Valley Bank.

(Bloomberg) -- Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, a sign of escalated funding strains in the aftermath of Silicon Valley Bank’s failure.Most Read from BloombergSchwab Clients Shift From Prime Funds to Government PortfoliosHow First Republic Bank Received a $30 Billion LifelineIn New York City, a $100,000 Salary Feels Like $36,000UBS, Credit Suisse Oppose Idea of Forced Tie-UpBanks Borrow $164.8 Billion From Fed in Rush t

Multiple agencies are discussing potential security plans for in and around the Manhattan Criminal Court in case Trump is charged in connection with an alleged hush money payment to Stormy Daniels.

Two candidates have thrown their hats into the ring for this fall’s Watertown mayoral race. And if one of them wins, that candidate will be making history in the city.

(Bloomberg) -- Donald Trump wants back in the White House — badly. Look no further than the recreation of Air Force One protocols on his recent trip to Iowa, the key Republican early-voting primary state.Most Read from BloombergSchwab Clients Shift From Prime Funds to Government PortfoliosHow First Republic Bank Received a $30 Billion LifelineFirst Republic Set to Get $30 Billion of Deposits in RescueIn New York City, a $100,000 Salary Feels Like $36,000Banks Borrow $164.8 Billion From Fed in Ru