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CNNW CNN July 6, 2024

regulators seize control of first republic bank, selling its assets to jpmorgan chase. what does it mean for your money? a mundt under way in texas. hundreds of police officers are searching for a gunman accused of killing five people, including a 9-year-old boy. the latest on the search ahead. fleeing sudan. thousands are l leaving. we re live where a u.s. ship carrying american evacuees has just docked. we re following these developing stories and more coming in to cnn news central. overnight, regulatorings seizing control of first republic bank and its $230 billion worth of assets. jpmorgan stepping in as a buyer and assuming responsibility. we re less than 30 minutes before the opening bell. we want to see how wall street reacts, futures down but only a little bit. wall street seems to be taking this in stride. this is the second largest bank failure in u.s. history, the largest since the 2008 financial crisis and the third u.s. bank to fail since march. cn ....

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CNNW Early July 6, 2024

the united states and around the world, i m christine romans. we begin with breaking news on what s now the second biggest bank failure in u.s. history. most of first republic bank is now being bought by jpmorgan chase in a deal arranged by the federal deposit insurance corporation. the fdic. cnn s clare sebastian live in london for us. clare, this deal announced just a short time ago. all weekend, we ve been waiting for word what would happen to first republic. we knew it couldn t continue as a concern here. fdic would have to step in. and you went to bed thinkiing first republic is your bank, it s now jpmorgan chase, right? yeah, christine, all 84 branches of first republic will reopen this morning as branches of jpmorgan. this is different than silicon valley bank which was taken by regulators and stayed there for more than two weeks. this happenmuch more quickly over the weekend with that auction held on sunday. several banks bid it. it seems they reached that dea ....

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MSNBCW The July 6, 2024

as president biden calls for a last-minute meeting. but is a room for negotiation? and what we are default mean for americans? then, the man hunt for a suspected gunman who killed five people in texas, the latest mass shooting putting a focus on america s unique gun problem. and representation matters, but tell introducing the first barbie dahl with down syndrome, as the 11th hour gets underway, on this monday night. good evening once again, i m stephanie ruhle live from los angeles, and i start with one question, are you buckled up? you had better be, because treasury secretary janet yellen just warned of a new, and earlier drop down date for the yellow now says the country could run out of cash to pay its bills on june 1st, that is one month from tonight. if congress does not raise the debt line. he followed me disaster for our economy, everyone would feel the effects. yellen s warning came late today in a letter to top lawmakers this quote, it is imperative that co ....

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CNN CNN Newsroom With Jim Acosta July 6, 2024

you re back live in the cnn newsroom. i m jim acosta in washington. we begin the hour with the manhunt that continues for this man. 38-year-old francisco oropeza has been the focus of a desperate manhunt since friday night. that s when neighbors asked him to stop firing his rifle in the front yard because they were trying to get a baby to go to sleep. police say oropeza then entered their home and began shooting. an 8-year-old boy was among the five neighbors slaughtered, almost execution-style. that according to the sheriff in that area. cnn s ed lavendera is in cleveland, texas, for us. ed, i know you re on the scene of a vigil that just took place a short time ago for the little 8-year-old who was killed in all of this. and it s just, just underlines once again what we re dealing with in this country. just another awful tragedy stemming from mass gun violence. well, jim, even more troubling and disturbing, after just a short moment ago, we were able to speak with ....

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BBCNEWS Asia Business Report July 6, 2024

weather max second largest economy grew faster and expected in the first quarter, thanks to robust consumer spending after lockdowns were lifted, but factory output has lagged due to weak global growth and this raises questions about the sustainability of china s recovery. we have a market strategist here, she says the numbers show how uneven china s recovery has been. it is numbers show how uneven china s recovery has been. recovery has been. it is a recovery has been. it is a pretty dire recovery has been. it is a pretty dire set recovery has been. it is a pretty dire set of - recovery has been. it is a l pretty dire set of numbers. recovery has been. it is a - pretty dire set of numbers. it has against come down below expectations but the bigger shockis expectations but the bigger shock is on the manufacturing side, it kind of shows how uneven the recovery is in china. i think two things are really worth noting here, first we are coming from a strong first quart ....

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