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BBCNEWS Asia July 6, 2024

more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which while still strong is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. so we re having some challenges with tha ....

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BBCNEWS World July 6, 2024

hello i m sally bundock with the top business stories. let s 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 isn t 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 s central bank do and say? michelle fleury reports from westchester, new york. losing momentum, and nine rate hikes in the past year the federal reserve does make efforts to cool the economy are having an effect. having an effect. this is a chain you having an effect. this is a chain you would - having an effect. this is a chain you would see - having an effect. this is a chain you would see on i having an effect. this is a - chain you would see on roller shades and for lines.- shades and f ....

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FOXNEWS FOX and Friends July 6, 2024

later this week. we just passed unanimously in the senate my bill which will declassify all of the information on covid origins. many of the house to pass it. the journalist who decided to completely push aside all of their integrity. all the persons in the world, god chose me. the center of a religious controversy. he has been hired as a football coach, not a it is the world s toughest test. the last two standing on special forces. we just passed our course. griff: fox news alert malcolm of the new jersey state trooper who was shot in the line of duty overnight. authorities are searching for multiple suspects. one is in custody. the trooper was shot in the leg and taken to the hospital in stable condition. two other troopers were taken to the hospital. it is unclear what injuries they suffered. responding to a domestic violence call. the officer arrived on scene. an 18-year-old suspect made a run for it during a foot chase. the suspect open fi ....

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BBCNEWS Asia July 6, 2024

about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that eit ....

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CNN CNN Newsroom With Fredricka Whitfield July 6, 2024

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. the tech sector has seen layoffs and funds been sold off. that has led to panic. that s led to group chats of founders of vcs all abuzz with what to do with svp. that led to panic. nobody wants to be the last customer held at a bank. help break down all those affected. svb was the premier bank in silicon valley. we ve seen tech companies banking at svb as kind of a badge of honor. right ....

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