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>> a lot of people are frustrated and scared. >> it's scary for the world, i guess. i anticipate there will be a lot of moving money to the bigger banks. >> neil: unbelievable. believe it. fox on top of it. a banking mess in the making and still messy. three banks have technically collapsed this month. actually in just the past week. so far fears of a contagion are not taking held. here's what we know. customers are nervous, make that very nervous. officials aren't helping matters in when they say don't worry. we've got this. do they? we've got you covered with kelly o'grady outside ...

caribbean, hundreds of thousands of people have no power or running water. it is difficult. the worst does appear far from over as we watch the track here with turks and caicos and bermuda. now in fiona's path. >> we are keeping a very close eye on that of course. also this morning new details on the 2020 election. surveillance footage showing what happened inside a georgia election office on the same day voting machines were compromised there. a republican county official and associate seen working with an attorney for former president trump spending hours inside of that restricted ...

we start here in the uk — where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as you've been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk — with a result expected in september. whoever wins could mean a very different approach to the economy. truss says "you cannot tax your way to growth" — she is proposing more than 30 million pounds in immediate ta...

disastrous showing the biggest spike in consumer prices in over 40 years that the fed felt the need to move fast here to take a page out of the playbook of alan greenspan and paul volker with a very big interest rate increase, and they signaled that more aggressive steps are to come because that official said they are, quote, strongly committed to getting inflation back down to 2%. and given that it's nowhere near 2% right now, that does imply more big rate increases to come. as far as why this is happening, i think it's important to think about the economy as almost like a car on a ...

susan li has shown no food spikes have a sign of ending. let's begin with kelly. >> hi, charles. the stock market is now in bear market. everything was done as we take a look at the red hot inflation data and they liked it less. the s&p 500 closed 4% down. the dow lost 900% and more pain is expected tomorrow that will likely near or be worse than friday's cpi. markets have flunk wildly as investors decipher how the central bank will raise rates. that's why investors broadly unloaded riskier assets. the national average hitting over $5 a gallon this weekend. records are nothing new. w...