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Biden tries to calm fears after U.S. banks collapse

Published

3 years ago

March 14, 2023

Worldwide bank stocks plunged following the shutdown of Silicon Valley Bank and Signature

U.S. President Joe Biden scrambled to restore confidence in America’s banking system after the swift and stunning collapse of two banks, Silicon Valley Bank and Signature Bank.

The collapses are prompting fears of a wider economic crisis.

The President addressed the nation before the stock market opened attempting to reassure Americans that their deposits are safe.

The speech follows a weekend that saw his administration take emergency measures to contain the damage from Bank runs at two of America’s largest firms.

As the President blames bank executives and Republicans for the failure of the Silicon Valley Bank and Signature Bank, critics say the Federal Reserve’s aggressive rate hikes meant to reign in rampant inflation are having devastating consequences for the American economy.

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Veronica Dudo

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

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King Charles hails UK-US partnership at state banquet

King Charles celebrates UK-US partnership at Windsor Castle banquet, highlighting peace and trade progress under Trump. #KingCharles #Trump #UKUS

Published

4 hours ago

September 18, 2025

ticker NEWS

King Charles celebrates UK-US partnership at Windsor Castle banquet, highlighting peace and trade progress under Trump. #KingCharles #Trump #UKUS

At Windsor Castle, King Charles opened the state banquet with a speech celebrating the enduring partnership between the UK and the US.

He praised shared commitments to peace, the environment and trade, noting progress under President Trump’s administration.

#KingCharles #Trump #StateBanquet #UKUS #TickerNews

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Disney cancels Jimmy Kimmel’s show after controversy

Disney suspends Jimmy Kimmel’s show after FCC chair criticises comments on Charlie Kirk’s death

Published

6 hours ago

September 18, 2025

Ahron Young

Disney suspends Jimmy Kimmel’s show after FCC chair criticises comments on Charlie Kirk’s death

In Short:
– Disney has indefinitely removed Jimmy Kimmel’s show after FCC Chairman Brendan Carr’s criticism of his comments.
– ABC station owners plan to drop the show due to offensive remarks made regarding political reactions to Charlie Kirk’s death.

Entertainment giant Disney has decided to indefinitely pull Jimmy Kimmel’s show from the schedule.

It action follows criticism from Federal Communications Commission Chairman Brendan Carr regarding Kimmel’s recent comments.“ABC spokeswoman confirmed the decision on Wednesday,” reported Joe Flint. Several ABC station owners, including Nexstar Media Group, have indicated their intention to drop the show due to Kimmel’s remarks.

Kimmel, known for his criticism of former President Trump, made controversial statements about political reactions to the death of Charlie Kirk during his Monday night show.

He expressed concerns that some were attempting to exploit Kirk’s death for political gain, specifically mentioning Vice President JD Vance and others associated with the ‘MAGA’ movement.

Remarks Controversy

Nexstar’s president, Andrew Alford, commented that Kimmel’s statements were “offensive and insensitive” and do not represent the views of their communities amid current national discussions.

News

Fed cuts interest rates by a quarter-point

Federal Reserve cuts interest rates, signaling potential future reductions amid concerns over slower employment growth. #FederalReserve #Economy #Jobs

Published

6 hours ago

September 18, 2025

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