Most people still rely on banks for most of their financial needs: In fact, 96 percent of the country has at least one bank or credit union account. (And if you use a bank to deposit your salary and ...

Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and causes.

The Federal Reserve’s much lauded dual mandate for its monetary policy says nothing explicit about stabilizing the banking system or shoring up Americans’ confidence in their financial institutions.

A bank failure occurs when a state or federal regulator closes it, typically after determining that it’s insolvent. When this happens, the Federal Deposit Insurance Corp. (FDIC) steps in to cover ...