After catering to the tech industry for three decades, Silicon Valley Bank (SVB) collapsed on March 10, 2023, following a bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation (FDIC) its receiver. According to PBS NewsHour, the bank was the biggest U.S. lender to fail since the 2008 global financial […]

Following initial economic impacts in early 2020, door and window companies consistently report that they’re pleasantly surprised—if not perplexed—by robust demand amid COVID-19. “Quite frankly, I’m surprised that demand has been what it is,” says Jeff Jackson, president and CEO of PGT Innovations. But upticks in consumer spending among such things as home improvement projects […]