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our city is heartbroken, heartbroken for the loss of friends and loved ones. we must work together to end this plague of gun violence on our country. enough that is the mayor of louisville. good morning, everyone. the nation once again reeling from another mass shooting this morning, coming up . we re learning about the suspected gunman who killed five co workers at a bank in louisville. get to that. plus there is a new report that a key u. s ally was secretly planning to supply russia with rockets. that s according to a top secret document that leaked from the pentagon and a federal appeals court has a big decision to make on a widely used abortion pill. also this morning. we re learning new details about that gunman that we noted there who went into a bank yesterday and killed five of his former coworkers. we just spoke to the interim police chief who revealed that the shooter had recently purchased the gun that he used in yesterday s massacre enforcement sources, als ....
Million, maybe have 100 employees. you have 60 to 90 days of your sales tied up in receivables with big box retailers. maybe whoever else is selling to. we used to be able to factor that it s called. in other words, borrow against those those receivables at around 7 to 9. today that has gone from 17 to 39% wow, weeks. and so the reason that happens very simple. silicon valley bank sent a shockwave through all the regional banks that do a lot of this factory or hedge funds or private equity firms and money is tight, and it s really hard to borrow now, and jamie diamond was talking to poppy last week of that interview, and he was talking about interest rates staying higher for longer as his prediction. i think he s right. i think inflation and the federal raised another 25 basis points in the main meeting. here s the thing, though the effect of this drying up of capital to small business has not been shown up yet in the cpi data, so i would put up my hand up to the fed and say, let s pau ....
Liquidity and also let s wait and see what the data says about rent because it s rolling over rents are down in most cities that are not coastal cities, 20% but you don t think that that is going to do what you say you don t think they re going to take a part to play. where i would put up my hand and say wait. pause let s just wait. wait 60 days, but i don t think they re gonna do that. they re probably gonna raise another 25 basis points. can we cool because i have an idea to bring up going to talk about the regional banks. you re saying this all happened with svb and that is that what your is that your idea as well, um, the regional banks. are you saying there is there more of a need for regional banks is or is there less of a need because this ongoing dialogue together right here at this desk, and i m arguing that will now move to super regionals because they re small guys will not be able to attract. what is that? in other words, do we really need 3000 small banks in america? no ma ....
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There are multiple polls now that show a majority of the american people believe that trump shouldn t just be impeached, but removed from office. that never occurred in the nixon impeachment until two weeks before he was in fact forced to step down. nixon didn t have fox news. stick around. he s nancy pelosi s man behind the scenes. plus, vice president pence announcing a pause let s call it, in turkey s attacks with a deal that looks pretty familiar. we ll explain. stay with us. anyone can deliver pizza. only marco s can deliver america s most loved pizza. hot and fresh, and right to your door. every day, get two medium, one-topping pizzas for just $6.99 each. hello to america s most loved pizza. hello marco s. with retirement planning and advice for what you need today ....