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U.S. government moves to stop potential banking crisis

Published Tue, 25 Feb 2025 08:31:43 GMT

NEW YORK — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.The announcement came amid fears that the factors that caused the Santa Clara, California-based bank to fail could spread, and only hours before trading began in Asia. Regulators had worked all weekend to try and come up with a buyer for the bank, which was the second largest bank failure in history. Those efforts appeared to have failed as of Sunday.In a sign of quickly the financial bleeding was occurring, regulators announced that New York-based Signature Bank had failed and was being seized on Sunday. At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.The Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients will be protected a...

March Madness 2023: Printable bracket for the NCAA men’s basketball tournament

Published Tue, 25 Feb 2025 08:31:43 GMT

College basketball fan rejoice! March Madness is upon us.The 2023 NCAA Tournament is here, which means it’s bracket season. And we’re here to help. Download the bracket here:Related ArticlesCollege Sports | A look at the eight teams coming to Denver for NCAA March Madness College Sports | From Kenneth Faried to Jimmer Fredette: Meet The Post’s NCAA Tournament All-Denver Team College Sports | NCAA Tournament at Ball Arena? Sold out. If you want taste of March Madness in Denver, prepare for Spring Sticker Shock first. College Sports | Feast on fowl and fire at Colorado’s original Nashville hot chicken joint College Sports | Denver’s best spicy chicken sandwich: Vote in the Sweet 16 round of our March Madness food bracket Want more sports news? Sign up for the Sports Omelette to get all our analysis on Denver’s teams.

Oscars 2023: Best and worst looks from the ‘champagne’ carpet

Published Tue, 25 Feb 2025 08:31:43 GMT

Before the 95th annual Academy Awards kick off at the Dolby Theatre in Los Angeles Sunday night, nominees, presenters and other stars are in joining in another of grand Oscars tradition – walking the red carpet, which actually is “champagne” this year.Stars trying to look their best for one of fashion’s biggest night of the year include some of 2023’s year’s awards-show favorites: Best acting nominees Cate Blanchett, Michelle Yeoh, Michelle Williams, Ana de Armas, Andrea Riseborough, Austin Butler, Brendan Fraser, Collin Farrell, along with presenters Florence Pugh, Nicole Kidman, Jessica Chastain, Salma Hayek, Kate Hudson, Antonio Banderas, Andrew Garfield, Harrison Ford, Samuel L. Jackson and Pedro Pascal.And, yes, Rihanna – Queen of the Met Gala – is performing tonight.Here are the best, the brightest and the most beautiful looks delivered by stars Sunday night, as well as some looks that didn’t quite make the mark.Florence Pugh combines romance with punk, with a hot ...

No federal bailout for Silicon Valley Bank, but depositors will have access to all funds on Monday, says Treasury Secretary

Published Tue, 25 Feb 2025 08:31:43 GMT

SANTA CLARA, Calif. (KRON) -- Silicon Valley Bank will not be protected by a federal bailout after its failure, but depositors will have access to all of their funds as soon as Monday, according to the U.S. Department of Treasury. Flooding causes lane closures on I-880 Department of Treasury Secretary Janet Yellen, in an interview with CBS’ “Face the Nation,” provided few details on the government’s next steps. But she emphasized that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry.“We’re not going to do that again,” she said. “But we are concerned about depositors, and we’re focused on trying to meet their needs.” Close Thanks for signing up! Watch for us in your inbox. Subscribe Now KRON4 Breaking News SIGN UP NOW ...

Garland, Cavaliers battle back from 16 down to beat Hornets

Published Tue, 25 Feb 2025 08:31:43 GMT

CHARLOTTE, N.C. (AP) — Darius Garland had 28 points, Donovan Mitchell added 23 and the Cleveland Cavaliers overcame a 16-point second-half deficit to beat the Charlotte Hornets 114-108 on Sunday for their fourth win in the last five games.Evan Mobley added 18 points and nine rebounds for the Cavaliers (43-27), who trailed most of the game.Garland, who sat out Friday night’s loss to Miami with a quad injury, shot 8 of 20 from the field and was 10 of 13 from the foul line, including a free throw with 10.7 seconds left to seal the win.Terry Rozier had 27 points to lead the Hornets, who were playing their second game in less than 24 hours. P.J. Washington added 19 points and Nick Richards had 15 points and 12 rebounds for Charlotte (22-48).The Hornets led 89-81 heading into the fourth quarter and appeared in control following a strong third quarter from Rozier, who had 13 points on 5 of 6 shooting including three 3s.But the Cavaliers would come back to take the lead with 5:42 remaining ...

Bridges, Nets withstand Jokic’s triple-double, beat Nuggets

Published Tue, 25 Feb 2025 08:31:43 GMT

DENVER (AP) — Mikal Bridges scored 25 points and the Brooklyn Nets withstood a late rally and another triple-double by Nikola Jokic to beat the Denver Nuggets 122-120 on Sunday.Nic Claxton had 20 points and Dorian Finney-Smith and Spencer Dinwiddie added 15 points each for Brooklyn, which has won five of its last six games.Bridges and Dinwiddie, acquired in trades last month that sent Kevin Durant to Phoenix and Kyrie Irving to Dallas, have played a key part in Brooklyn’s resurgence even as they’re still adjusting to their new team and teammates.“Even if we don’t know what we’re doing sometimes, just scrambling, all five guys help each other,” Bridges said. “Sometimes, it’s not going to be perfect, but I think just the next guy stepping up is the biggest thing.”Jokic had 35 points, 20 rebounds and 11 assists for his league-leading 27th triple-double of the season but missed a contested 14-foot jumper with 5 seconds left that would have given the Nuggets the lead.Michael Porter Jr. a...

Los Premios Oscar celebran la excelencia del cine desde Hollywood; conoce todos los detalles de la ceremonia

Published Tue, 25 Feb 2025 08:31:43 GMT

LOS ÁNGELES- Hollywood recibe este domingo la edición 95 de los Oscar con una ceremonia que busca atraer a nuevas audiencias y en la que las películas “Everything everywhere all at once” y “All the quiet on the western front” parten como favoritas.El glamur invade desde ya las calles de Los Ángeles (California, EE.UU.) que se preparan para recibir a las estrellas de cine más populares del momento en la gala de esta prestigiosa noche.El temporal que cubre la ciudad no ha impedido que se lleven a cabo las labores de producción de los organizadores y de la prensa, que prepara sus equipos a las puertas del Teatro Dolby.Allí ya se ha desplegado la alfombra por donde desfilarán las estrellas, que por primera vez es de color champán en lugar de rojo. Los premios Oscar celebrarán este domingo la excelencia del cine con su edición 95 Tras “La Bofetada”, los Oscar tendrán un equipo especial para lidiar con situaciones inesperada...

Barcelona beats Bilbao amid more refereeing controversy

Published Tue, 25 Feb 2025 08:31:43 GMT

MADRID (AP) — Still mired in controversy over its payments to the company of a former refereeing committee official, Barcelona restored its lead over Real Madrid to nine points in the Spanish league on Sunday after a late VAR decision went its way.Barcelona beat Athletic Bilbao 1-0 after video review disallowed an 87th-minute goal by Bilbao forward Iñaki Williams for a handball in the buildup. VAR also was used to confirm Barcelona’s winning goal by Raphinha after it was initially disallowed for offside.“I thought they were looking at offsides, but then I saw it on the video board, and I think it was a handball,” Barcelona coach Xavi said.Williams laughed at the decision on Twitter after the game.“We are upset,” Bilbao coach Ernesto Valverde said. “Nobody on the field had seen anything, not even the referee or the fourth official or the other assistants.”The review of Williams’ goal took nearly three minutes. When the decision was announced, it drew loud jeers from the h...

Letang scores in OT, Penguins beat Rangers 3-2

Published Tue, 25 Feb 2025 08:31:43 GMT

PITTSBURGH (AP) — Kris Letang’s power-play goal 1:38 into overtime lifted the Pittsburgh Penguins to a 3-2 win over the New York Rangers on Sunday.Letang’s ninth goal of the season came after New York’s Artemi Panarin was called for tripping Pittsburgh’s Evgeni Malkin early in the extra period. Letang’s blast from the point helped the Penguins strengthen their hold on the first wild-card spot in the Eastern Conference.Jason Zucker scored for the ninth time in eight games for Pittsburgh and Rickard Rakell added his 23rd. Tristan Jarry made 27 saves as the Penguins improved to 3-0-1 during a five-game homestand.Barclay Goodrow picked up his 11th goal of the season for New York and Chris Kreider’s goal midway through the third period tied it. Jaroslav Halak made 32 saves for the Rangers.RED WINGS 5, BRUINS 3DETROIT (AP) — Dylan Larkin had a goal and two assists to help Detroit beat Boston.Moritz Seider had a goal and an assist, and Alex Chiasson, Adam Erne and Andrew Copp also scored f...

3 men shot in Aurora after alleged dispute over possibly stolen car

Published Tue, 25 Feb 2025 08:31:43 GMT

AURORA, Colo. (KDVR) -- The Aurora Police Department said three men have been shot after an alleged dispute over a possibly stolen car.Police responded to the shooting around 4:49 p.m. in the 14000 block of E. Montview Boulevard and told FOX31 the initial investigation determined there was "some sort of dispute over a vehicle leading up to the shooting." Dispute leads to shooting at Denver metro sports bar, one critically injured APD said one victim is in critical condition and the other two suffered non-life-threatening injuries. Two suspects, described as younger teens, ran away from the scene. Police said the suspects were wearing all black but were not located. No arrests have been made as of Sunday evening.Police are asking anyone with information to contact Metro Denver Crime Stoppers at 720-913-7867. This is a breaking story. Updates will be provided as they are received.