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after banking shares saw sharp falls on monday. the sell off continued in asia with japan's largest banks also seeing heavy losses. shares of mufg, miz uho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we've seen credit suisse drop another 5% in early trading. on monday, major us banks lost around %90 billion in stock market value, bringing their loss since svb's collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we'r...

tax officials for more than a decade. now the new york attorney general wants the business dissolved. >> trump is also running out of options into the ongoing investigation of classified documents seized from his mar-a-lago estate. they ruled the doj can resume looking over those classified records. it no longer needs to submit items to the special master, rejecting arguments from trump's legal team. two of the judges on the panel were appoint bid trump. let's begin with kaitlyn polantz following the story. kaitlyn, it's a big win for the doj. what does this mean specific lip for the...

lets now get down to business. the biggest interest rate rise since 1989. that's what we are awaiting from the bank of england in just a few hours�* time as it battles to control soaring prices. the bank is widely expected to raise its benchmark rate — from 2.25% to 3% — pushing up the cost of mortgages, credit cards and loans. it comes as america's central bank — the us federal reserve — raised its main rate by three quarters of a percentage point — and warned borrowing costs will have to go higher than many are expecting. michelle fleury has this from new york. this is ...

Lag time between hiking interest rates and the impact on the actual economy. we usually expected to be around six months, possibly nine months. there is potentialfor this to be overdone but it seems the fed is not concerned about that at the moment. let’s about that at the moment. let's talk about _ about that at the moment. let's talk about the _ about that at the moment. let's talk about the bank _ about that at the moment. let's talk about the bank of _ about that at the moment. let's talk about the bank of england because we are acutely aware in the uk of the price we pay when markets re...