race for the white house coming in. bottom line. business as usual. all transactions are fully functional. thank you all. sandra: we begin with president biden today scrambling to restore confidence in america s banking system after the swift and sudden collapse of two banks that pumped in fears of a wider economic crisis, and a lot is unfolding at this hour. hello and welcome, everyone. i am sandra smith. grateful to start another week with you. john. john: it seems like every week there is something new. i m john roberts in washington. this is america reports. the president addressing the nation before the stock market open, assuring that their deposits are safe. taking emergency measures to contain the damage from two of america s largest firms. sandra: while the president blames bank executives and republicans for the failure of silicon value bank and signature bank, critics say about the aggressive rate hikes meant to rain and rampant inflation inflation ar
Earlier, stock exchanges announced to conduct a special live trading session on Saturday from the disaster recovery site. But, now as per the latest circular, regular trading activities will be performed on the primary site and there will be no switchover.
The New York Stock Exchange and the Nasdaq Stock Market will be closed Monday Jan. 1 in observance of New Year’s Day, which is a federal holiday. The U.S..