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questions about the integrity of americans' banks. she says americans are not on the hook for paying back the depositors. >> john: critics call it a bailout, the biden administration refuses to call it that. and why some think we are headed for a banking tsunami caused by woke obsessed bankers. >> sandra: but first, it's going to be a breaking news two hours ahead, waiting two separate briefings from the white house and the pentagon how the u.s. will handle russia. all this after dramatic new video showing moments a russian war plane downed a u.s. drone over international air space. ...

our viewers joining us in the united states and all around the world, i'm christina macfarlane in for max foster here in london. just ahead -- >> i am worried about the level of voter turnout among young people and working people who will be voting democratic. >> midterms have mostly been a referendum on the party in power. i cannot deliver the mandate on which i was elected. he still has his own set of baggage coming into downing street. >> this is a total joke. we're the laughing stock of europe. ♪ it's monday, october 24th, 9:00 a.m. here in london, 4:00 a.m. in washington...

the end of the tunnel, more investors by day's end concluded it was a train coming at them and fast. to susan li with what went down by stocks going way down. susan? >> you're right. we did close off that bear market level. the dow jones industrials sub 30,000 now. the lowest close that we've seen for the dow jones since november 2020. that means the last two years of gains have been wiped out. you have fear an wall street at the highest in three months. several factors here affecting sentiment. that includes the on going war in ukraine and also a stark realization this week that the...

and new parents killed in the july 4th attack. tonight we hear their stories including irina and kevin mccarthy and how their two year old son survived. >> a tragedy averted. police in richmond, virginia, praise a hero citizen who called er white hr heaesnffer may haveo cipollag meewithomeebehindlosede or b grer a boron the brink. will the british prime minister resign. >> the job of the prime minister in difficult circumstances is to keep going. >> o'donnell: and the $500 tip that is sure to make you smile. >> this is the cbs evening ♪ ♪ ♪ this is the "cbs evening news" with n...

nation is officially in a recession. something many experts have predicted was coming. john roberts in washington. happy monday to you. >> sandra: i heard booming thunder here in new york city as a storm rolls in. welcome, everyone. i'm sandra smith in new york, this is "america reports." it has now been four days since the president's positive covid test. his doctors say he's doing well and symptoms are almost completely gone. all of this as the white house and president biden's team prepares for another fight. an efforts to redefine what actually constitutes a recession. >> john: t...