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state of emergency as intense storms hammer the golden state. >> we can't 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. we'll tell you where the job gains are and why this complicates the fight to tame inflation. >> all the money is in the bank. i don't know what we're going to do now. >> reporter: a capital crisis, a stunning free fall leading to the second largest collapse of a financial institution ...

we begin this hour in california. significant flood threat is intensifying. powerful drenching storms hitting the northern and central parts of of the state. brought on by an atmospheric river. governor newsom declared a state of emergency. a levy breach forcing evacuations in monterey county. the california national guard is now on the scene in santa cruz to support emergency services. around 15 million people are under flood watches across california and nevada. for some residents, the rising water is simply too much to bear. >> can't live like this. how do you live like this? how ...

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 can't 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. we saw them coming out on national guard convoys because they couldn't wait any longer. we're here ...

trump's alleged hush money scheme will soon have an unexpected witness as the manhattan district attorney weighs indicting the former president. and if he is arrested, trump's attorney warns of mayhem to come. china's president is making his first trip to moscow since the war in ukraine began. what xi jinping and vladimir putin hope to achieve at their meeting. the u.s. federal reserve is taking steps to keep cash flowing as major moves are being made to help restore confidence in the global banking system. good to have you with us. a day after donald trump urged supporters to ...

testify in an investigation into a hush money scheme involving stormy daniels. that's believed to be a precursor to an indictment. potential defendants are required to be notified and invited to appear before a grand jury weigh anything charges. it charged, trump would become the first former president to be indicted. but would it slow his current presidential quest? i say not a chance, at least not based opt this case alone. any charges here would stem from the $130,000 in payments made to daniels during the 2016 campaign. apparently she had been ready to share her story with the na...