US Banks Pass Fed Stress Tests, Clearing Way for Payouts

The government checked if big banks in the US could handle a really bad economic time.

They did this by making up a pretend scenario where things got tough, like people losing jobs and houses losing value.

Even if the banks lost a lot of money in this pretend situation, they still had enough money saved up.

This means the banks are considered strong enough to survive a crisis.

The government is now allowing banks to give money back to their investors, like through dividends or buying back their own stock, meaning investors might make more money.