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Two US banks, Silicon Valley Bank and Signature Bank, collapsed due to a bank run and systemic risk, respectively, prompting government intervention to secure deposits. The fallout led to significant losses for European banks and raised concerns about overleveraged corporations. Meanwhile, the rise of AI, particularly chatbots like ChatGPT, has sparked fears of job displacement in various sectors, while former President Trump claims he may be arrested next week amid ongoing legal issues.

Author

hengqing Rong

Language

EN