they can help you get started with your idea. call now 800-710-0020. well, good evening, everyone. i m laura coats, and this is cnn tonight. we re talking about $30 billion, the amount it took to rescue the latest bank now in trouble. several contributed billions each to keep first republic afloat, which tells you just how seriously they cake all of this. what about every day americans bearing the brunt of say interest rates going up. is the little guy getting ignored through all of this? plus, it is the video you cannot look away from. this footage of a russian fighter jet forcing down an american drone over the black sea. what is going on in the new battlegrounds in the skies? and are confrontations like this more likely now with unmanned objects? also, banks failing, the market in turmoil, drones forced out of the sky and now this, everyone. seaweed. a massive blob of seaweed thousands of miles long, if that s even possible, over ten million tons of it floating around
leaves more questions than answers. did the government step in at just the right time or over step with what critics say is another bank bailout? it s not free. it comes with costs. plus, are more banks in danger of collapse? there s just panic. concerns spread to bigger institutions. can you squeeze under the pressure? as bank stocks take a rollercoaster ride. and regulators faced with a dilemma. were they asking the right questions? were they keeping an eye out for this? fight high inflation with rising interest rates. or back off to calm down the troubled banking industry. you can now be rescuing banks and hiking interest rates. bank bust. what s next for america s money? on cnn primetime. good evening, everyone. i m poppy harlow. just one week ago, america s 16th largest bank was up and running, everything seemed fine. tonight, it is collapsed and in government hands. and fears over the broader banking industry are now global. the swiss banking giant a
miles away. that s where the web space telescope attention of astronomers and space fans everywhere. according to nasa, the star, w r 1 to 4, among the biggest and most radiant stars known, is about to die. before going supernova. supernova s, as you may know, are the hottest, brightest objects in the night sky. the stars surrounded by cooler, glowing halo of gas and dust, a lot of it equivalent to the mass of ten of our sons. the mass comes from the starts off, which now is a mere shadow of its former self. and now only ways the same as about 30 sons. my mind is blown. the news continues. we want to head over to what s next for america s money. poppy? tonight, a banking crisis leaves more questions than answers. we had a old-fashioned bank run. did the government step in at just the right time? the banking system is safe. or overstep with what critics say just another bank bailout? plus, are more banks in danger of collapse? concern spreads to bigger in
the federal government is now stepping in to calm financial panic over the failure of two u.s. banks. the biden administration announcing it will extend a federal backstop to all the banks deposits. treasury officials push back on the idea this was a bailout saying the burden is not borne by the taxpayers. we ll hear from president biden moments from now. water everywhere, causing chaos across central california. warnings of intense sustained flooding in the days ahead. it s unimaginable. folks, we are not done yet. former vice president mike pence telling a crowd in washington that history will judge donald trump for his actions on january 6. probably not a message that will be terribly popular with republican-based voters. three women who live in texas are believed to be missing in mexico. we really haven t had any other incidents that i can recall. and the oscar goes to everything, where every, all at once. this year at the academy awards, the
acted quickly in the face of an emergency. senator, i think it is prudent to nip something in the butt. but how many more are we talking about? is this an indication in your mind are you hearing anything about this being an indication that this will happen more and more? because obviously if you follow that thread, at some point, someone is not going to get the $30 billion. well, that s right. all the fed facility is much larger than that. that does allow banks to borrow from this fed facility. but there are lots of things that were quite unique or at least unusual about the silicon valley bank, including the huge numbers of uninsured deposits, deposits over $250,000. plus the fact that it was so concentrated in the tech industry. so i think people are looking, you know, around the the