Not to miss step in either direction, whether that is cutting Interest Rates too soon or too little too late. He will have more to say in front of the Senate Banking committee on thursday. In other news making headlines, a former Google Software enginer has been indicted in california on charges of stealing Trade Secrets related to the compay s Artificial Intelligence technology. Our Asia Business correspondent katie silver has been tracking the developments and joins us live from our newsroom with the latest. Arrested at home in california charged with his former counts of stealing on behalf of two Chinese Companies stealing ai. What we understand he still was data related to googles large model of learning is, what theyre doing in order to train up theyre doing in order to train up their big data centres. It is alleged that he started the company in 2019 as a software engineer, did hisjob legally for three years and then in 2022, started being courted to be the chief Technology Offic
authorities struggle to boost investor confidence which has been hit by an economic slowdown and a deepening crisis in the property sector. earlier i spoke to investment bank saxo and she told me investors want to see beijing implement long term structural reforms. it is not something that can offer that long term comfort to chinese investors or those who are actually looking for the stocks to get dirt cheap and make an entry into that market. these are measures that we have obviously seen in the past as well in the last few weeks, and all they really do is to try to put a float but it is not something that investors are excited about, the chinese market. i think investors are really waking waiting for some kind of structural reform there is just a whole message that has been coming out of the bureau meeting and the lack of details on when we are really going to see that third plan meeting which actually focuses on the structural side of the economy. those are really facto
default on january 1st, if a deal is not reached on the debt ceiling. the pressure weighing on president biden and house speaker kevin mccarthy ahead of their next meeting which is now just hours away. our nbc news reporters are following all of the latest developments. i want to go to first nbc s garrett haake on capitol hill ahead of the critical meeting between biden and mccarthy. we just heard from mccarthy moments ago. what did he have to say? reporter: this comes after negotiators from the white house had been meeting for three hours this morning. mccarthy took some questions from reporters about the outlines of these negotiations and i asked him specifically what he would need to see to feel like there was real progress today in his meeting with the president. here s what he told me. decisions have to start being made. it s been days now. the president has to be serious. i have been very clear from the very beginning, we are in this problem because when the democra
good morning to you. welcome to cnn this morning. it is saturday, may 13th, i m victor blackwell. and i m amara walker. how could you not prefer pasta? you re still on the pasta. that is my comfort food. do you like pasta? i mean, i could eat it. not like i m going to i m not going to kick it out of bed. but i wouldn t invite it in. let s just say that. but bread. but they go hand in hand. here is what we re watching. city leaders along the u.s./mexico border say they are bracing for an influx of migrants after title 42 expired this week. cnn is with migrants on the mexican side of the border as they attempt to make it into the u.s. we re closer now to justice than a week ago. because daniel penny has been arrested. the ex-marine accused of holding jordan neely in a fatal chokehold surrendered and the charges he is now facing and while lawyers for neely s family say they are not enough. negotiations continue this weekend as lawmakers work to hammer out a
outside the sacred heart shelter, doesn t if not more migrants sleeping on the ground outside city streets inside the shelter, 140 migrants, mostly women and children. it is a very active area as far as migrants in el paso. this shelter and church bear the brunt of the immigration crisis in el paso. we spoke with the director, the court documents and immigration paperwork. we can t confirm how many were processed or how many got across the border. cvp sources tell fox news 83,000 migrants crossed into the us border at the southern border. the border wall, hundreds of migrants arrived on the first day after title 42 ended. as we have seen often for over a year those migrants are placed in single file, put on white buses and processed. it is not clear how many are released after that. cameras captured migrants in brownsville, texas after they were released, the white house insist federal judges are ruling migrants could only be released after they sabotaged. it is sabotage, p