An exceptionally rare $10,000 banknote, dating back to the Great Depression era, has been sold for an astonishing $480,000 at a recent auction. This distinctive bill, originally issued in 1934, bears the likeness of Salmon P.

Rare $10K banknote from Great Depression sets auction record of $480K

The Silicon Valley Bank (SVB) paid out annual bonuses to eligible American employees on Friday (March 10), just hours before the bank was seized by the Joe Biden administration.

Silicon Valley Bank paid out annual bonuses to US employees just hours before seizure: Report

In what comes as the largest US bank failure since the 2008 financial crisis, Santa Clara-headquartered Silicon Valley Bank (SVB) collapsed on Friday. The expedited nature of its collapse has raised serious concerns with many accusing the company of hoodwinking the depositors, despite knowing that its inevitable fall was around.

Did Silicon Valley Bank hoodwink everyone before its collapse?

US population growth fell over the past decade to the second-slowest pace in history, the Census Bureau reported Monday, after Donald Trump's tough crackdown brought immigration to a near halt.

US population growth slowed sharply over 2010-2020: Census

UK Prime Minister Boris Johnson on Monday said that he is planning a cautious but irreversible path out of the COVID-19 lockdown this week after the vaccination of 15 million vulnerable people.

UK PM Boris Johnson planning cautious path out of COVID-19 lockdown

The International Monetary Fund issued a stark warning on April 15 about the coronavirus’s economic toll. It said that the world is facing its worst downturn since the Great Depression as shuttered factories, quarantine, and national lockdowns cause the economic output to collapse.

IMF predicts worst economic downturn: Proposes 1 trillion-dollars support

Tentative signs of hope emerged Thursday that the coronavirus pandemic was peaking, as the European Union sealed a rescue package to help the hard-hit continent.

European Union strikes rescue deal as hopes rise of coronavirus easing

The International Monetary Fund has made some dire predictions. The organisation says the world is staring at its worst recession in almost 100 years due to the coronavirus outbreak. tells you more.

Gravitas: Wuhan Coronavirus will unleash the worst recession since Great Depression

The European Commission President Ursula von der Leyen announced that EU is planning to spend €100 billion to stop firms in the European Union laying off staff during the coronavirus pandemic.

EU proposes 'Sure plan' worth €100 billion to save jobs amid coronavirus crisis

The coronavirus broke out of quarantine from China and spread to Italy, Spain and other European countries. The entire world is, as a consequence, in a lockdown in order to stem the growth of the novel virus.

With lockdown due to coronavirus, is the world staring at another Great Depression?

US consumer spending in December took its biggest dive in nearly a decade, retreating during a month when Wall Street suffered a historic rout, according to government data released Friday.

US consumer spending in December at historic low, reveals government data