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BBCNEWS Outside Source July 6, 2024

and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had i ....

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FOXNEWS The Story With Martha MacCallum July 6, 2024

a harsh trump critic with a long and sordid history with the former president. watch what he said. that indictment landed like a dud. right? commentators across the spectrum are saying boy, there s not much here. raises all kinds of questions about the legal theory behind this case. they ll have a tough time facing motions to dismiss. unimpressive document. martha: so interesting, right? kellyanne conway and mark penn here. buff first, legal analysis from judge jeanine pirro, co host of the five. great to have you here today. a day into this, you look at it and go what is he doing? is there a method to this madness or is it just madness? a day into it, you wake up and said maybe i missed something. you look at the indictment again. you say no, he missed something. he would not, d.a. bragg, would not identify the second crime. why? why not illuminate what it is? why not prosecute it on its own? why hide it from the rest of us? what is he afraid of? when he s aske ....

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KPIX CBS Weekend News July 6, 2024

we ll tell you why. also, chris rock claps back nearly a year after millions around the world watched the infamous slap by will smith at the oscars. rock reacts. i m not a victim, baby! and, later, echos from the past. musical instruments saved and restored, play sounds of survival. my grandfather didn t want to see instruments being destroyed, broken, or lost. announcer: this is the cbs weekend news from new york with jericka duncan. good evening and thanks for joining us on this sunday. the race for the white house is on. former president donald trump took a victory lap after winning more than 60% of a straw poll vote at the conservative political action conference in maryland. some of his potentially biggest challengers were no-shows at the event as the republican primary field is starting to take shape. for the democrats, president biden has yet to face any real competition from within his own party. but today on in anface the nat joe manchin left the ....

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CNN The Situation Room With Wolf Blitzer July 6, 2024

crew has reached the site where a u.s. drone crashed in the black sea after being hit by a russian jet. i ll ask key white house official john kirby what, if anything, the kremlin might learn from the wreckage. also tonight stock prices slide amid fresh chaos in the banking industry. two troubles at two banks atting to fears more failures on the horizon as many americans are wondering if their money is safe. and former trump lawyer michael cohen just wrapped up his second round of testimony in the investigation of hush money he says he paid to stormy daniels. the adult film star meeting with prosecutors today as a grand jury considers criminal charges against the former president. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. announcer: this is cnn breaking news. let s get straight to the breaking news. sources now telling cnn that russian naval craft have arrived at the site of the u.s ....

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FOXNEWS Tucker Carlson Tonight July 6, 2024

rates still attest. but in silicon valley it made for an epic pay day. it was soon reflected on the balance sheets of its biggest local lenders which was called silicon valley bank. in 2018, svb had about $49 billion on deposit. three years later that same bank had amassed more than $189 billion. that is a gargantuan amount of deposits over a short period of time. dramatic enough to have raised a serious question and an obvious one. what was silicon valley bank gonna do with all that money? even the san francisco bay area, it would be hard to find qualified borrowers for $189 billion. you could not responsibly loan all of that money even if you wanted to. so what would you do with it? that s the question you would have asked if you were paying attention, both from inside svb or the regulatories action. turns out nobody was paying attention. nobody thought to ask for questions. we thought stress test silicon valley bank in the middle of a room. with a narcissism complex ....

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