In a letter sent to House Speaker Kevin McCarthy and other members of Congress, Treasury Secretary Janet Yellen warns that the U.S. government could soon default on its debt if no action is taken. Yahoo Finance Anchor Seana Smith gives further details on May 1, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas […]
The failed US bank First Republic is being acquired by its rival JPMorgan Chase, in a $10.6bn deal. Regulators had taken control of First Republic after a crash in its share price. It is the third US bank failure since March, and there are fears it will not be the last. Al Jazeera’s Kristen Saloomey reports from New York, the United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #UnitedStates #Bankcollapse
US financial authorities have seized California’s troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system. First Republic became the third major financial institution in the United States to fail in two months. The deal, announced early on Monday, will see JP Morgan take $173bn of loans, $30bn of securities and $92bn of deposits from the failed lender. There were no details on how much the banking giant would pay. “Our government invited us and others to step up, and we did,” JPMorgan’s CEO Jamie Dimon said in a statement. Al Jazeera’s Kristen Saloomey […]
A giant panda who spent two decades in the United States has been welcomed home to China. Ya Ya has been the subject of passionate discussions on social media, with many Chinese users accusing the US of neglecting her despite veterinarians saying she had been well cared for. Al Jazeera’s Jessica Washington reports from Beijing, China. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Panda #PandaDiplomacy #China #UnitedStates #YaYa
After 23 years of severe drought, the Colorado River and its reservoirs have dwindled to alarmingly low levels. If they dry up even further, it could cut hydroelectric generation and water supplies over a vast area. Al Jazeera’s Rob Reynolds reports from Los Angeles, the United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Colorado River #US #Drought
Pentagon officials say the release of top-secret military intelligence, posted on social media, poses a serious risk to US security. Officials say the documents were formatted in a similar fashion to updates given to senior leaders. It could be the most damaging release of US government information since the 2013 publication of documents by WikiLeaks. Al Jazeera’s Mike Hanna reports from Washington, DC. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #US #UnitedStates #Ukrainewar #intelligencefiles
The US Department of Justice is investigating how dozens of classified intelligence documents ended up on the internet. The alleged secret files reveal that the United States spies on its allies, as well as its adversaries. They also paint a grim assessment of Russia’s military capability in the ongoing war in Ukraine. Al Jazeera’s Mike Hanna reports from Washington, DC. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #US #Ukrainewar #intelligencefiles
Israel’s government is openly breaking with the US for the first time, Noam Chomsky told Al Jazeera, adding that far-right officials like Minister of National Security Itamar Ben-Gvir and Finance Minister Bezalel Smotrich “are simply telling the United States, get lost.” Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News
Russia takes the rotating presidency of the United Nations Security Council this April as President Vladimir Putin faces an arrest warrant from the international court for war crimes in Ukraine. Al Jazeera’s Diplomatic Editor James Bays reports from the UN headquarters in New York, the United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #UNSecurityCouncil #UNSC #UnitedNations #Russia #UnitedStates
Donald Trump has become the first former US president to be indicted on criminal charges, but how exactly do those charges work? Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News
