Learn what the FDIC is, how it protects your bank deposits, and why it's important for U.S. banks. We also cover what you ...

Roughly 15,500 reinstatements were a direct result of the district court order, while roughly 6,000 workers were already ...

Over 130 probationary cybersecurity agency workers were told in a mass-firing form letter last month they were "not fit" for employment.

The Trump administration appears to be preparing to comply with multiple court orders to quickly place tens of thousands of ...

The firings were "based on a lie," judge says, who suggests he may extend his order beyond the roughly 24,000 already ...

A bid summary released by the FDIC Tuesday showed the $129.3 million winning bid was 36 percent less than the highest offer.

Filings in federal court in Maryland provide the fullest accounting yet of mass firings of probationary workers at 18 agencies, which were ruled illegal.

The U.S. government has since implemented policies to protect consumers and their deposits, though. The Federal Deposit ...

Right now, the average six-month CD earns 1.61% interest, according to Federal Deposit Insurance Corporation (FDIC) data as of March 2025. We’ve compared 142 CD accounts at 84 nationally ...