Page 1008 - Billion News Today

So much forjoining us. toa to a story that has been developing within the last hour. the us government has announced a rescue plan that it says will ensure all depositors in the failed silicon valley bank will be able to retrieve their funds on monday morning. a statement issued by the us treasury and federal reserve said american taxpayers will not have to foot the bill. it said the plan will ensure the resilience of the broader us banking system. shares in banks fell sharply around the world o...

$2 billion. the share price dropped 60% the following day. shares were down another 6% friday before being halted. problems shook other stocks on thursday. four biggest banks lost more than $50 billion in market value. police showed up at the bank headquarters in california friday. customers reportedly lined up at a bank branch demanding their deposits back and sparking fears this could spread to other parts of the economy. >> this is like the crisis in the 80s. >> were not talking about a failu...

Conspiracy to the read someones words back to them. >> right. will: thats now conspiracy. >> its crazy. will: but, hey, dan, youve got a new book on preorder now. i love the title, you have to tell us about it, "the gift of failure." >> thank you so much. its available for preorder wherever you get your books. i said id never write a book again, but i did because i was coming out after rumble went public, it was that first successful parallel economy story with rumble. its funny, i was leaving a...

Stupidity are a part of the problem. svb and ftx are two of several major players in the financial industry that have gone under in recent months. are you noticing this? the bank silver gate, more than 1 million in assets. crip to warrior, the $3 billion. block-fi and a number of others. on friday, wells fargo customers reported they didnt get their paychecks as expected. the bank says thats a computer glitch. we dont know. whats clear is were witnessing something serious happening in the financ...

Special -- >> you can believe in the spaghetti monster, you can believe in whatever god you want, whatever myth you want. we dont care. we just want to be left alone and not castigated. >> bill mahers take on religion and whether or not he considers himself an aggressive atheist. d of up to $2626,000 per employee, even if it received ppp, and all it takes is eighght minutes to get started. then well work with you to fill out your forms and submit the application; that easy. and if your business ...

They were forced to sell those bonds, $21 billion worth of bonds, at almost a $2 billion loss. so those are two big issues right there. arthel: wow. yeah. so heres a question, should the u.s. bail out svb or the uninsured depositors, the customers who spore stored more than $25 the 0,000 in that bank? >> yeah, arthel, we have two questions here. one is the investors, the shareholders, the people that invested in this bank, hired management, have a board that is supposed to oversee how the bank i...

Youve got the overview of north texas and arlington and this weekend. arlington has become the place for events. >> its the sports and entertainment capital of the country and even across the world. when you bring in signature events throughout the year, $1 billion of impact from visitors coming in, impacts local payers taxes, $717 a month. it is generating income for us and putting arlington on the national and global map. pete: everyone here knows about the pitching wedge from here. the old st...

Gdp at a time when many quantity u.s. forces grow to handle arising and replenish weapon stockpiles fused to arm ukrainians and to explain more in the budget to help arm ukraine and other european countries. 26 billion to strengthen the border, 3 billion to help with global warning and funding for one of the 100,000 police officers. approved a massive $8 billion oil drilling in alaska over the objections from affirmative groups, the presence apparent about-face comes as an official announcement ...

>> so its not a revenue problem, its a spending problem. weve got more money than ever coming in. the problem is that the democrats in the majority increased spending by 30%. >> reporter: a point echoed here in washington by the gops freedom caucus. >> we can so our debt crisis responsibly if we shrink washington and grow america. mccarthys not going to cut a deal with democrats. >> reporter: now, lets take a look at bidens tax proposals. theres a 25% minimum tax on people worth $100 million, a ...

That were spending today in 10 years our national debt will be over $50 trillion, with a t. biden needs to get serious and he needs to come to the table and talk and negotiate with republicans and hopefully hell do that soon with speaker mccarthy. >> well see, were watching for that. in the meantime, you know, as i m mentioned a lot in this budget. lets he put on the screen the pet project you may want to call them in the budget. $3 billion for gender equity and equality around the world. advanc...