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July 7, 2024
there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% — lets take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the tradi...
July 7, 2024
good morning, everyone. we begin this hour with breaking news overnight. last-minute changes to house speaker kevin mccarthys debt limit bill. the rules committee worked through the night, ajudge at 5:20 this morning as mccarthy scrambles for republican support ahead of todays possible vote. breaking news just in. ukrainian president zelenskyy has just had a conversation with chinese president xi jinping. thats notable. they had not spoken since before russia invaded ukraine. also,...
July 7, 2024
right now, a high stakes meeting behind closed doors adds congress clashes over trillions of dollars. house speaker kevin mccarthy wants to force president biden to the negotiating table. the big problem, his own party might not be on board with his plan to hold a vote today. the clock is tick to go cut a deal. rolling out the red carpet. the nuclear threat when president biden is preparing for a state visit with south koreas president this morning. we will bring you those important ...
July 7, 2024
>> e. jean carroll takes the stand in her sexual battery case against the former president. the new warning that the judge issued just moments ago. >> and a race to get four mississippi jail escapees back in custody. one of the men is now accused of killing someone after he broke out of jail. we are following these major developing stories and all coming in to "cnn news ♪ ♪ lets begin on capitol hill where there has been a shift this morning, it seems. house republican leaders ar...
July 7, 2024
world. im laila harrak. thousands of people ordered to evacuate their homes in california as the storm-battered state endures another round of heavy rain and flooding. donald trump facing new legal woes. the former u.s. president now weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus, a major step for the middle east as iran and saudi arabia strike a deal to restore diplomatic ties. the surprise agreement helped along by beijing. wel...
July 7, 2024
how do i have my kids here? how do i have my elderly mother live here where i carry her out of her house? >> a powerful storm in the west dumping a dangerous am of rain on millions of residents putting dozens of california communities under a state of emergency. well take you there and cnn weather center for the latest. and republicans descend on iowa. a stop on the road to the white house. ron desantis had to say to keep voters there. who wouldnt like to work a four-day workweek. ho...
July 7, 2024
republican governor asa hutch son enters the 2024 presidential race. donald trump the formidable front runner. but she says the soul of the gop is at stake. on a debt limit blueprint. and today the state visit celebrates a 70-year-old partnership between the united states and south korea. the two presidents take questions later this hour. new america promises to protect the south from its rad i think in the north. announcing candidacy for president. this is a day in which our nations f...
July 7, 2024
the fbi versus america.s of tont thats the focus of tonights angle. day >> you ever stop during the course of your day and wonder how did thingsk get so off track in america?er now, im just not talking about the lousy economy or high prices either. >> a lot of the bedrock values seem to be in short supply.t suy respect for elders, respect for our history. respect for our constitution. how about justho basicw ab dece? >> you just put a magazine, you still try to mar-a-lago stupid . y...
July 7, 2024
state of emergency as intense storms hammer the golden state. >> we cant live like this. >> atmospheric rivers washing out roads and bridges leaving people trapped in their mee joi management director from one of the hardest hit counties. the economy still red hot notching another strong jobs report. well tell you where the job gains are and why this complicates the fight to tame inflation. >> all the money is in the bank. i dont know what were going to do now. >> reporter: a capital...
July 7, 2024
atmospheric river is raising water levels and leaving a trail of destruction. a levee breech iach is forcing evacuations in monterey county. governor newsom has declared a state of emergency. >> we cant live like this. how do i live like this? how do i have my kids live here or my elderly mother live here? >> mike, a lot of people are trying to reassess how much longer can they endure this. >> reporter: right. you know a couple people made the decision to leave just a few minutes ago. ...