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to ask after the weekend rescue of credit suisse by ubs. in the last half hour or so the us treasury secretary janet yellen has continued to offer reassurances that the banking system is stable in a speech to bankers in washington. she's been saying that the us government is prepared to help more banks if that's what is needed. the government's recent actions have demonstrated our commitment to take the necessary steps to ensure that savings and the banking system remain safe. our intervention was necessary to protect the board a us banking system and similar actions could be warrant...

video killed the radio star. now has the internet killed the record industry? >> napster's stealing from us straight up and i'm going to fight them to the death. >> ladies and gentlemen, the strokes! >> may i have your attention, please? >> we got a movement. >> pretty sure the president of the united states is -- >> the dixie chicks, they can say what they want to say. >> billboard's top ten singles all by black rap artists. >> i don't please everybody with who i am as a person. >> i love beyonce. >> that's not a working telephone, is it? >> hello? >> empty shelves are all you'll fi...

it up. >> you got to do what you got to do. thank you. and thank you at home for joining us. i'm whitney wild, christine romans coming back on monday. "cnn this morning" starts right now. ♪ good morning, everyone. it is friday, december 30th, don is off today. recovery, though is in sight. we'll see. i think a lot of people will be skeptical, but that is what southwest airlines is saying this morning as they hope to resume regular service today with, quote, minimal disruptions. and airports are still trying to figure out what to do with the piles of unclaimed luggage. we're live ...

with two against leeds as manchester city won 3—1 to move to second in the table. also coming up: there have been record vinyl sales in the uk as taylor swift tops the charts — we'll speak to a long—time record store owner. ukraine has been struck by a fresh barrage of russian missiles targeting several major cities. dozens of missiles had been launched from land and sea at the population and civilian infrastructure. several cities from kyiv in the north, odesa in the south, kharkiv in the east and lviv in the west have seen explosions hit their cities. the mayor of kyiv, said ...

this is your well red world. a lot of major averages down on the prospect that we're looking at higher rates down the road. we got our third 3/4 hike in a row with signs that year's end, rates could be a point to a point 1/4 higher than they are right now. we're north of 4%. some wondering if that is enough to deal with inflation that is double that. let's get the read on what happens today and why. jackie deangelis. jackie? >> good afternoon. this is the fed's fifth rate increase this year. it's the fourth increase in a row. as you pointed out, the third time the market is seeing 3/...