Page 8 - Fdic News Today

stormy daniels thats believed to be a precursor to an indictment. theyre required by law to be notified and invited to appear before a grand jury. if charged, trump would be the first former president to be indicted, but would it slow his current presidential quest? i say not a chance, at least not based on this case alone. any charges here would stem from the $130,000 in payments made to daniels during the 2016 campaign. apparently she had been ready to share her story of an affair wi...

severe road damage as well. the california national guard is now on the scene in santa cruz to support emergency services. for some residents, the rising water is simply too much. >> we cant live like this. how do you live like this? how do i have my kids here? how do i have my elderly mother live here where i carry her out of the house? >> cnns mike valerio and cnn meteorologist brit rits are tracking the latest. >> reporter: this is the heart of the flood rescue response effort. if y...

youre live in the "cnn newsroom." im jim acosta in new york. much of california is under a state of emergency this afternoon, and mandatory evacuations are under way in parts of monterrey county on the central coast. a short time ago we received drone video of a levee that failed this morning. as you can see, the waters rushed through the breach and into a nearby neighborhood. the floodwaters have washed away roads and bridges and cut off some communities in the area. this is new video...

weather max second largest economy grew faster and expected in the first quarter, thanks to robust consumer spending after lockdowns were lifted, but factory output has lagged due to weak global growth and this raises questions about the sustainability of chinas recovery. we have a market strategist here, she says the numbers show how uneven chinas recovery has been. it is numbers show how uneven chinas recovery has been.— recovery has been. it is a recovery has been. it is a pretty ...

paula. its just a very scary time in our country. asking for trouble. team trump trying to fire up his base, as he faces possible indictment within days. and joining forces, the worlds biggest central banks team up to keep the cash flowing and stave off a possible financial crisis. all right. welcome to our viewers in the united states and around the world, im christine romans. good monday morning to you. in just 90 minutes, chinas leader xi jinping arriving in moscow for a state...

know for monday, march 20th. donald trump making a push to avoid criminal charges. in the stormy daniels case, one of his allies will testify before a new york jury today, and this all comes as trump claimed that he will be arrested tomorrow but the timing of any potential indictment remains unclear. >> a lot more on that. and another roller coaster week for financial markets began as a major bank takeover is announced. swiss relagulators announced ub is buying credit suisse. asian and...

continue to slaughter more innocent ukrainians. we dont want to see that. again, well see what these leaders come out with and what they say at the end of these discussions. well watch this very, very closely. again, we have communicated privately to the chinese. we certainly have communicated it publicly that that would not be an outcome thats to the better, not only of china and their interest, but certainly to the ukrainian people and to the whole idea of peace. >> what does it say ...

that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? >> it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing banks assets, which means its unrealized bonds were worthl...

you are live in the "cnn newsroom." im jim acosta in new york. its here 6:00 here in the big apple, 3:00 p.m. in california. whats likely to be a long, sleepless night and soggy weekend lying ahead for much of monterey county. the county is the epicenter of catastrophic flooding in that state. these are new images of the levee that failed around midnight local time. mandatory evacuations are now under way in parts of the that county. a string of deadly storms has unleashed massive floo...

fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. thats a hit. on the other hand, those banks still exist. you cant say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. ...