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FOXNEWSW Your July 6, 2024



good afternoon. i heard that karine jean-pierre, the spokes woman at the white house says she doesn t know what title 42 will look like when it lifts may 11th. let me help and give you an idea. we re here at ground zero at camp monument in brownsville. there s over 2,000 migrants a day coming to this location. nearly 15,000 in the week i ve been here. they re getting better at screening, processing and transporting these migrants out. that is the problem that we re dealing with now. this is the calm before the storm. it s already overwhelming agents on the ground. let me show you also some of the humanitarian crisis. we can show you video. the migrants are in the water on flotation devices. many struggling with trying to deal with the river. some of them can t swim. that s why you have border patrol agents along with texas dps and texas national guard down on the river literally saving lives around the clock as well. we talk though to some brownsville residents, nei ....

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CNN Erin Burnett OutFront July 6, 2024



downgrading the outlook for entire banking sector warning of rapid deterioration, my exclusive interview with a senior chairman and former ceo of goldman sachs is next. a russian fighter jet forces an american drone to crash into the black sea, fears growing of escalation as the battle in bakhmut intensifies further, a ukrainian soldier on the front lines is my guest the tonight. and ron desantis does a complete 180, florida governor says backing ukraine is not in america s best interest. it is the opposite of what he said when he was in congress. you will hear for yourself what the kfile found. let s go out front. good evening, i m erin burnett. out front, rapid deterioration those are the words used by the bond credit rating king moody, how they re describing the bank sector in the united states downgrading outlook from american banks to negative. warning of sharply rising deposit costs and go on to say, quote, pressures will persist and be exacerbated by more inc ....

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Loan growth, fees to lift bank profits in Q3, higher deposit costs to pinch

Term deposit rates have increased between 70 and 120 basis points, mostly in the third quarter. Analysts say that the margin compression could hence be severe, particularly year on year, as banks have lost most benefits from the rise in interest rates in their bid to garner funds. One basis point is 0.01 percentage point. ....

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