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inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is no...

Create dangerous conditions. you're either getting rained on or snowed on on the east coast and west coast. let's go to natasha chen in ventura county, also derek van dam freezing it up in massachusetts. derek, we talked to you yesterday, it was getting worse then, how much snow fell and what do we expect today and going forward? >> reporter: i mean, so many people were catapulted back into winter with this latest nor'easter. it took an entire winter season to get our first nor'easter along the new england coastline and, boy, did it deliver. some people might have called this a dud, in boston ...

More memos, more problems. nunes is hinting there could be more memos to come. nunes says, the investigation is ongoing. democrats charge the memo is misleading and omits key facts. joining us, sean turner, national security analyst, laura coats and walter schaub. walter, let me start with you. you called this a dud. why? >> i don't think there was anything in there that we haven't been hearing as party talking points for the past several weeks. there's nothing in there that contradicts the idea that it was papadopoulos talking to an australian diplomat that triggered all of this. >> in july 2...

Ongoing. democrats charge the memo is misleading and omits key facts. joining us, sean turner, national security analyst, laura coats and walter schaub. walter, let me start with you. you called this a dud. why? >> i don't think there was anything in there that we haven't been hearing as party talking points for the past several weeks. there's nothing in there that contradicts the idea that it was papadopoulos talking to an australian diplomat that triggered all of this. >> in july 2016? that's in the memo. >> right. it is. of course, carter page had been under investigation before this starte...