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Nearly 200 banks at risk for same fate as SVB: study
Read more: Nearly 200 banks at risk for same fate as SVB: studyNearly 200 more banks may be vulnerable to the same type of risk that took down Silicon Valley Bank: The value of the assets they hold. There are 186 banks across the country that could fail if half of their depositors quickly withdraw their funds, a new study published on the Social Science Research Network found. Even insured depositors…
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Judge Who Could Decide Trump’s Fate Was Kavanaugh’s Roommate
Read more: Judge Who Could Decide Trump’s Fate Was Kavanaugh’s RoommateAnew D.C. judge poised to make oversee the Justice Department’s special counsel investigations into former President Donald Trump, and ultimately play a key role in whether or not Trump is indicted, was once a roommate of Trump’s own Supreme Court appointee Justice Brett Kavanaugh. This week, Chief Judge Beryl Howell, who has supervised the federal grand jury investigating Trump’s efforts to…
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Republican Says Hunger Is ‘Relative’ in Argument Against Free School Meals
Read more: Republican Says Hunger Is ‘Relative’ in Argument Against Free School MealsArguing against a bill that would offer free school meals to all students in Minnesota, Republican state Senator Steve Drazkowski said Tuesday that he had “yet to meet a person in Minnesota that is hungry” or doesn’t have access to enough food. Drazkowski argued that “hunger is a relative term,” saying that he was “hungry”…
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Putin purge? 39 top Russians dead by ‘suicide,’ COVID and ‘shaman rites’
Read more: Putin purge? 39 top Russians dead by ‘suicide,’ COVID and ‘shaman rites’It’s a particularly deadly time to be on Russian President Putin’s bad side — 39 bodies, piled up since war broke out in Ukraine, collectively underscore the point. Just this month, two former bigshots bit the dust. Sergey Grishin, a financial fraudster and oligarch who sold Harry and Meghan their Montecito, California, mansion for $14.7 million,…
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Tennessee Woman Escapes Kidnapping After Months Locked in Closet: Police
Read more: Tennessee Woman Escapes Kidnapping After Months Locked in Closet: PoliceATennessee woman was locked in a closet for weeks after she was kidnapped, according to police. Police in Dyersburg, 75 miles northeast of Memphis, were alerted to a possible domestic complaint on Schaffer Street at about 1:30 p.m. on Saturday, March 11. Officers were told a man working in the area was approached by a…
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Gov. Ron DeSantis’ takeover of New College of Florida puts $29 million in donations at risk
Read more: Gov. Ron DeSantis’ takeover of New College of Florida puts $29 million in donations at riskA former trustee at New College of Florida says 13 major donors told her they are canceling more than $29 million in planned contributions since Gov. Ron DeSantis began transforming the school, a huge financial blow to the small college. Charlie Lenger served on the New College board until Jan. 6, when DeSantis replaced her in a dramatic move that…
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At least 8 people dead, 7 missing after 2 boats capsize off San Diego beach
Read more: At least 8 people dead, 7 missing after 2 boats capsize off San Diego beachAt least eight people were killed and seven more were missing Sunday after a boat accident off a San Diego beach, authorities said. San Diego Fire-Rescue spokesperson Mónica Muñoz said in a statement the department communications center received a 911 call at about 11:30 p.m. Saturday from a woman who said she was on a panga…
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California 103-year-old woman still hits gym regularly: ‘Her happy place’
Read more: California 103-year-old woman still hits gym regularly: ‘Her happy place’A 103-year-old California woman is defying her age by hitting up the gym regularly. Camarillo resident Teresa Moore visits her local fitness facility three to four times a week. Unlike most gym rats, the centenarian arrives with plenty of jewelry and a full face of makeup. Adorable pictures show Teresa lifting weights with styled hair perfectly intact.…
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Hedge fund manager Bill Ackman warns of ‘economic meltdown’ following Silicon Valley Bank collapse
Read more: Hedge fund manager Bill Ackman warns of ‘economic meltdown’ following Silicon Valley Bank collapseHedge-fund manager Bill Ackman predicted that an “economic meltdown” was looming on Monday following Friday’s collapse of Silicon Valley Bank. In a rambling, 649-word, one-paragraph tweet Saturday, the billionaire predicted that uninsured bank customers would rush to withdraw cash Monday unless the government steps in to guarantee their funds and “fix a-soon-to-be-irreversible mistake.” The 16th largest bank in…
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When does the time change? Do we lose or gain an hour? What to know about Daylight saving time
Read more: When does the time change? Do we lose or gain an hour? What to know about Daylight saving timeLike it or not, our annual ritual of changing our clocks to daylight saving time is coming on Sunday, March 12, at 2 a.m. But since most of our computers, smartphones and DVRs automatically change the time for us, it’s not as much of a chore as it used to be. Unless you have smart appliances, microwaves and…
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Silicon Valley Bank shut down by regulators in stunning collapse
Read more: Silicon Valley Bank shut down by regulators in stunning collapseThe feds shut down Silicon Valley Bank on Friday, marking a stunning collapse for the tech lender that has sparked fears of a wider contagion in the banking sector. The California Department of Financial Protection and Innovation shuttered SVB and named the Federal Deposit Insurance Corp. as its receiver, officials said in a release. “To protect…
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