Marketplace®

Daily business news and economic stories
Mar 17, 2023

When group chats help fuel bank runs

Back in the ’30s, news of bank runs traveled slowly. Nowadays, messaging chains and apps contribute to rapid bank collapses. Plus, the Federal Reserve finds itself between a rock and a hard place.

Download
When group chats help fuel bank runs
Hulton Archive/Getty Images

Subscribe:

Segments From This Episode

The Team

When group chats help fuel bank runs