CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday.
New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
Shalanda Young, Biden’s director of the Office of Management and Budget, assured Americans that the banking system was “resilient” amid the collapse of the Silicon Valley Bank (SVP).
New York Gov. Kathy Hochul pledged Friday on CNN that drug stores that limit the distribution of abortion pills would suffer "consequences" if they try to limit distribution in her state.
The outpouring that began with the Asbury Awakening is reaching more young people as it marches on to both Christian and secular university campuses, churches, and youth events literally from one end of the country to another.
