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top of a brand new hour on cnn newsroom. goold good to have you with me. im victor blackwell. plunging stocks, rising prices, recession fears. the s&p 500 entered bear market territory, dropping 20% from recent peaks. one bear market in the last 50 years was not accompanied by a recession. cost of living keeps rising, home prices are driving rents to a high. 17% from last year. gas prices are soaring. the national average, 4.59 per gallon, $0.30 more to fill up the tank than the day be...

including as punishment in a psych ward full of criminals. >> so i was too worried about, you know, who was in the cell with me to actually sleep. >> you thought they might kill you? >> yeah, i thought that was a possibility. >> more from my exclusive interview with trevor reed, the u.s. marine veteran who is finally thankfully home. welcome to "the lead." im jake tapper. we start with our money lead and renewed fears of an economic recession as the markets closed moments ago. the do...

>> that facility serving as a backdrop for bidens broader message. that robust u.s. alliances with its asian allies is key to a thriving global economy and security. >> so much of the future of the world is going to be written here in the indo-pacific over the next several decades. were standing at an inflection point in history where the decisions we made today will have far reaching impacts on the world we leave to our children tomorrow. >> the five-day trip through south korea, then...

crises on his first visit to the region as president. putins invasion, chinas rise, and threats of a north korean missile threat casting a shadow over his trip. here in the united states, the baby formula shortage throws the white house into crisis mode. the supply crunch is worsening tonight, raising serious questions over when parents will finally see relief. we want to welcome our viewers here in the united states and around the world. im wolf blitzer. youre in "the situation room...

past 11 days in a row. american families forced to spend an average of $5,000 a year on gas compared to $2800 a year ago. interior secretary deb holland refusing to concede it is too big a burden to bear. >> americans are still recovering from this terrible pandemic and there are a lot of other world events that are making things difficult for all of us. >> so it sounds like you are unwilling to say that gas prices are too high. >> were doing all we can, senator. >> dana: grady trimble...

>> john: "america reports," waiting for a federal judges ruling on the fate of title 42. decision could come down any minute as border states brace for a bigger crisis if the trump era immigration order is allowed to expire on monday. im john roberts. >> gillian: great to be with you, john. gillian turner in for sandra smith. border areas are seeing a big surge in activity in anticipation of the title 42 decision in the del rio sector in texas, 1800 migrants in 24 hours. a large number...

briefed on the alpha bank story in a meating. the story falsely was tying trump to a russian back. and mook said he discussed it on the stands with hillary. i dont remember the substance of the conversation but notionally hey, we have this and we want to share it with a reporter. mook said she agreed. devin nunes was chair of the house intel at the time. was a major whistle-blower ahead on this story giving president trump a heads-up on all of it. were going to talk to mark penn, more ...

tonight. bill melugin is in hell pass, texas with what this means for officials and states along the border. but we begin with peter doocy on what the ruling says and the politics of this moment. peter is traveling with the president in seoul, south korea, good evening peter, good morning i should say to you. >> peter: good morning from saturday morning in korea a bret. and keeping this policy and deporting more people that come into this country illegally may wind up being politically...

donald trump leads pennsylvania republicans, leaves pennsylvania republicans fuming while in georgia, the former president reportedly abandons his struggling pick for governor. good morning. and welcome to "way too early." on this very busy friday, may 20th. im jonathan lemire. theres still no winner in the pennsylvania republican senate primary this morning with state officials confirming to nbc news that there are nearly 9,000 votes left to count. the effects of former president tr...

suspenseful. more than 24 hour was aa primary race closed, key to which party holds the senate next year, the biggest primary of the year has stretched into night two, with the two gop senate kcandidates deadlocked. david mccormick and trump endorsed mehmet oz. thousands of mail-in ballots are still being counted. and even after theyre counted, this dead heat race is likely headed to an automatic recount under pennsylvania law because of the slim margin. so, both oz and mccormick have ...