Bank stocks tank, Jimmy Garoppolo and Aaron Rodgers talk trades, and more top news

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Bank stocks tumbled on worries about what’s next to break, following the second- and third-largest bank failures in U.S. history. Get more on that and other trending news here.

Here's a look at some of the trending news from today, March 13:First Republic Bank, Dow JonesPresident Joe Biden insisted that the US banking system was safe after the second- and third-largest bank failures in the nation's history happened in the span of 48 hours. In response to the crisis, regulators guaranteed all deposits at the two banks and created a program that effectively threw a lifeline to other banks to shield them from a run on deposits.

The quarterback's future has been one of the biggest topics of the NFL offseason so far and, with the start of free agency quickly approaching, Rodgers' next move could already be decided. Aaron Rodgers speaks out on his future with trade talk intensifying Jimmy Garoppolo immy Garoppolo has agreed to a three-year, $67.5 million contract with the Raiders, a person with knowledge of the deal told The Associated Press on Monday, likely answering the question of who will be Las Vegas' starting quarterback next season.

National News AP 8 dead after smuggling boats capsize off San Diego coast Authorities say at least eight people were killed when two migrant smuggling boats overturned off the coast of San Diego. It is one of the deadliest maritime smuggling events off U.S. shores. Authorities say a Spanish-speaking woman on one of the panga-style boats called 911 late Saturday off the treacherous waters off Black’s Beach. The surf was modest but rip currents were fierce and it was foggy and dark.

World AP Iran-Saudi Arabia deal casts China in unfamiliar global role An agreement between Iran and Saudi Arabia to reestablish diplomatic relations has cast China in a leading role in Middle Eastern politics — a part previously reserved for longtime global heavyweights like the U.S. and Russia. It’s another sign that China’s diplomatic clout is growing to match its economic footprint.

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Bank stocks tank, Jimmy Garoppolo and Aaron Rodgers talk trades, and more top newsBank stocks tumbled on worries about what’s next to break, following the second- and third-largest bank failures in U.S. history. Get more on that and other trending news here.
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