Front Page: The New York Times – March 15, 2023

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Russian Warplane Hits American Drone Over Black Sea, U.S. Says

The MQ-9 Reaper drone is a staple of the United States’ military air fleet and is used both for surveillance and for attacks.

The incident was the first known physical contact between the two militaries since the war in Ukraine began last year.

Stubborn inflation makes the Fed’s interest rate decision fraught.

CREDIT

The Consumer Price Index cooled to a 6 percent annual increase in February, but a closely watched monthly index climbed quickly.

Inside the Collapse of Silicon Valley Bank

While its leader extolled innovation and the future of tech, the bank paid less attention to risk management and was caught flat-footed by economic change.

How Washington Decided to Rescue Silicon Valley Bank

Officials were initially unsure about the need for the measures they eventually announced to shore up the financial system, but changed their minds quickly.

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