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hello im sally bundock with the top business stories. lets start with the us central bank, because everybody is asking will the federal reserve raise rates one more time? or will it take a break? as the fed wraps up its may meeting inflation isnt the only worry, the turbulence at first republic has revived fears about credit conditions. another area of concern is the labour market, which is showing signs of cooling. interest rates currently stand at li—point 75%, so what will america...

trumps alleged hush money scheme will soon have an unexpected witness as the manhattan district attorney weighs indicting the former president. and if he is arrested, trumps attorney warns of mayhem to come. chinas president is making his first trip to moscow since the war in ukraine began. what xi jinping and vladimir putin hope to achieve at their meeting. the u.s. federal reserve is taking steps to keep cash flowing as major moves are being made to help restore confidence in the...

a great opportunity to ask so many people things about the future and advice and we thought wed ask a few questions that run a little bit of a gamut really quickly. im sorry. youll also be looking into the lens. >> okay. >> we thought it would be interesting to ask you in the year 2025 whats the thing you are most certain about? >> more people will have access to their own health information. >> what do you dream for something in 2025? >> that less people have to say good-bye too soon ...

we have live team coverage of the damage with nicole valdez in coraville, iowa. we are starting in belvedere, illinois, just terrible news we are hearing all morning there. >> jacqui and griff, sad situation here in belvedere. people were out last night with their loved ones enjoying a concert. they should be here downtown getting coffee, hanging out at local restaurants but instead a chaotic scene behind me as you can see. cleanup crews on the ground clearing up the debris from what w...

dont. >> attorney general merrick garland facing the self righteous indignation of ted cruz and other republicans. new reporting tension between the fbi and justice department over the mar-a-lago raid. cpac is back, home of normal conservatives nothing more than a clown show. it does reflect the current state of the republican party. and from performative to alarming, republicans and ron desantiss florida are cracking down on lgbtq people and moving to cancel the entire democratic ...

slaughter houses and restaurants to pay debtses to smugglers and traffickers. today they will call a hotline to say they are being abused, neglected and trafficked. it is argued the u.s. has become a middle man in a child trafficking operation by bad actors seeking to profit off the lives of children. brooke singman has more on what we will see today. >> brooke: when child migrants are found, they are transported to health and human services. the volume of unaccompanied children at the...

protest this stuff. we also have a select committee on the weaponization of government. this applies directly to them. i think youll see actions from them. robert costello is set to appear before the manhattan grand jury. >> i think he has inside knowledge, and we should be paying attention. the city of miami beach is now imposing a spring break curfew after a second deadly shooting. >> there are a lot of policemen, way more security guards. >> they need to shut it off, take the pa...

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...

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. ...

billion dollar child trafficking operation ran by bad actors seeking to profit off the lives of children. brooke singman has more. >> brooke: when child migrants are found at the border, they are transferred to custody of child human services. the volume of unaccompanied children stranded at the southern border has surged with more than 70,000 so far this fiscal year. >> 150,000 illegal immigrant children disappeared in this country into a modern slavery ring to individuals as your art...