growing and renewing concerns about his age. on the other hand t could be that the guy it could be that the guy misspoke. the white house later clarified he was merely referring to a previously-scheduled interview. oh boy. so, um, you know, i i think we ve got a lot of work to do. i m and i m doing a major press conference this afternoon, so, um, i love you all, but i d like to ask you to leave so we can get down to business. reporter: when he said that, literally everybody in washington was like, say what? now, biden did that previously-scheduled interview, as expected, and in it, he touted his decades of washington experience as a great reason to support his re-election bid, despite the fact that he s 80 years old. i ve required a hell of a i ve acquired a hell of a lot of wisdom and know more than the vast majority of people and more experienced than anyone that s ever run for office. reporter: in the meantime, the latest jobs report gave the president a
and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of venture capi
what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. erica
thrown back in the truck. i ve been trying to make sense out of it for a whole week. just restless, couldn t eat, couldn t sleep, just crazy to see your own child taken from you in such a way. todd: i can t imagine being those parents right now. jackie ibanez has the latest, jackie. the bodies of shaeed woodard and zindell brown running back in the states following kidnapping and murder in mexico. the u.s. officials will perform a second autopsy is on the body as the father of shaeed woodard tearfully talks about his son on his 45th birthday. he went to mexico as part of a celebration. uc for his birthday, his birthday, they have been close like brothers and sisters and he didn t deserve it. he has a sweetheart and have a big heart. in the meantime the mexican cartel has dealt with the members involved and responsible for the murder sharing this picture of five men face down on the pavement tied up and blindfolded. they were accompanied by a literal reading, they acte
several grounds such as prosecutorial misconduct and selective prosecution and as well as how much time has passed since the alleged crimes. we re looking at statute of limitations and a whole host of motions that are going to be levied here, and this case won t see a jury in my opinion. and turning himself in historic criminal charges, 34 felony counts brought forth by manhattan district attorney bragg, accusing him of hush money payments to stormy daniels and mcdougall. daniels says if the case goes to trial, she wants to testify. i think having them call me in and put me on the stand let legitimizes my story and and oh, she must not be a good witness, she s not credible. as for republicans, it s the credibility of prosecution that s in question. yesterday, house judiciary chairman jim jordan wrote a letter to the d.a. s office for new york county requesting documents and testimony relevant to their investigation into bragg s case. quote, if state or local prosecu