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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 bank's assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large....

you are live in the "cnn newsroom." i'm jim acosta in new york. it's here 6:00 here in the big apple, 3:00 p.m. in california. what's 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 flooding across the central and northern portions of the state. at least two people have died in this...

house? the administration sending troops to the border as southern states brace for a surge of migrants with the title era 42 policy set to expire. but one border town is inundated and declared an emergency. we'll take you there. a college town on high alert. authoritie manhunt after three stabbings in a week. this near the uc davis campus in california. those stabbings left two people dead. police are now pleading for the public's help in identifying a suspect. plus, now they are trying to write their own story. hollywood writers hitting the picket line today. we'll tell you what...

control. but a city of bakhmut is facing a ferocious assault right now with thousands of civilians in dang danger as the russian's advance. and a man is rested for trying to bring explosives on a flight to florida in his suitcase. what we're learning about the case. new information coming in. and juries visit the scene where alex murdaugh's wife and son were kill and then the closing arguments in the disgraced lawyer's murder trial. prosecutors wrapping up just a short wild ago after condemning his lies confirm his guilt. welcome to our viewers in the united states and around t...

human rights and continuing to teach sunday school at his church in his hometown. a person of faith, president carter said he is ready for what comes after his death. jonathan is joining us from georgia with more on former president carter's health condition. reporter: the carter center said that former president is moving to home hospice care. his grandson, jason, a former georgia state senator, tweeted saturday. i saw both of my grandparents yesterday, they are at peace, and always their home is full of love. the spokesperson from secret service tweeted, rest easy mr. president. we...