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President Joe Biden spoke out Monday morning to reassure Americans there is no need for panic after federal agencies stepped in following the failures of two big banks over the weekend. "Americans can have confidence that the banking system is safe. Your deposits will be there when you need them," Biden said from the White House. The federal government said Sunday that all depositors at Silicon Valley Bank and Signature Bank would be protected and be able to get access to their money Monday morning, with the funds coming from special funds set up by the nation's banks and from the sale of the banks' assets, not from taxpayers. "No losses will be borne by the taxpayers," Biden repeated Monday. (learn more) | |
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Man crushed to death while allegedly attempting to steal a catalytic converter (read more) |
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source : Brief Updates - Short, sweet updates on all of the stories that are unfolding. Want more headlines like this? Click Here |
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Recommended Link: The One Ticker Retirement Plan Over the Shoulder Demo Now Available Market Wizard Larry Benedict crushed the market in 2022. But he hasn't done it with a "traditional" method… For a limited time, he's sharing a free over-the-shoulder "demo" of his strategy in action. It takes less than 10 seconds… Watch it here |
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The Silicon Valley Bank failure seems to have come out of left field, failing in just 48 hours. How does something like that happen? Some experts are saying it's an isolated incident, but is that something you can bank on? Here are some of the other banks that show signs they could be next... (learn more) |
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This Congressman wants to stop troops from watching Fox (read more) |
Senator John Kennedy says this is the only way to improve Biden's budget (read more) |
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source : Morning Bullets - Keep an eye on Washington and the markets in one easy glance. Want more headlines like this? Click Here |
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On Monday morning, President Biden pointed the finger of blame at the Trump administration for the failure of Silicon Valley Bank and Signature Bank over the weekend, even as he praised the "solid economic accomplishments" made by his administration over the past two years. "During the Obama-Biden administration, we put in place tough requirements on banks ... to make sure that the crisis we saw in 2008 would not happen again. Unfortunately, the last administration rolled back some of these requirements," Biden remarked. Unlike in 2008, Treasury Secretary Janet Yellen has stated that Silicon Valley Bank and Signature Bank will not be receiving government bailouts. Although, on that same day, it was declared that depositors will have access to "all their money" this week. (read more) | |
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Congress rejects proposal to remove troops from this country (read more) |
Democrats are ready to take over the banking industry (read more) |
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source : The Local Conservative - You'll never have to guess what Hillary, Pelosi or any other members of the Left are up to. Want more headlines like this? Click Here |
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Image source: Shutterstock |
Some investors could think that now is the time to seek for tech companies to purchase rather than tech stocks to sell, given the tech sector's decline throughout 2022 and attempt at recovery this year. Although there may be a rationale for reinvesting in FAANG components or even more speculative tech growth stories with immediate catalysts, such as SoFi Technologies, many hard-hit tech companies could still experience further falls. In some circumstances, this is because it is very likely that subpar operating performance would persist for a longer period than anticipated. In other instances, this is because the market hasn't fully re-rated due to the reversal of tendencies from the pandemic era, which benefited the tech sector. So what are the top brands to sell in technology, then? Consider selling your remaining positions in these seven tech stocks as soon as possible. (read more) |
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These energy stocks have the potential to thrive (read more) |
Dave Ramsey offers 5 tips for a profitable 2023 (read more) |
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source : The Never Too Late Investor - It's never too late to retire early. Want more headlines like this? Click Here |
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Image source: Peter Aiken/Getty Images
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If you're a sports fan, you know that officials can make some pretty questionable calls sometimes. Although some of them seem pretty bad, getting a tough call from an official from time-to-time is accepted as a normal part of playing sports. But for one umpire in a college baseball game, a call he made was so egregious, it came back to haunt him in a pretty bad way. The unnamed umpire was officiating a Southland Conference game when Davon Mims was at the plate with a 1-1 count and two outs left. On the next pitch, the umpire called a strike, but Mims questioned the call because he felt it should have been a ball. The game continued, but the umpire made a call so bad on the next pitch that his actions were "deemed detrimental to the conference and in violation of Section 3 Character and Conduct of the CCA Mechanics Manual for Baseball." The umpire was suspended indefinitely due to his officiating, or lack thereof. Here's why the call was so bad…and yes, there's video to prove just how awful it was.
(read more) |
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This drunk bus driver just had a lot on his mind (read more) |
Lifeguard saves dog that was swimming out to sea (read more) |
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source : SMH News - The headlines it's hard to believe are actually real. Want more headlines like this? Click Here |
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Texas sisters Maritza Trinidad Perez Rios, Marina Perez Rios, and their friend Dora Alicia Cervantes Saenz, crossed the border to Mexico last month to sell clothes at a flea market. Now they are officially missing. The women haven't been heard from in about two weeks, and the story is only now receiving the spotlight after the abduction of four Americans last week garnered worldwide attention. The husband of one of the missing women says that he spoke to his wife by phone while she was traveling in Mexico, but has grown concerned because he has not been able to reach her since then. Here's what else we know about the women and what Mexican authorities have said regarding the situation. (read more) |
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A podcaster and her husband were fatally shot by one of her listeners (read more) |
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source : Seven at 7 - The absolute best 7 minutes to start your day. Want more headlines like this? Click Here |
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