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good morning, everyone. it is wednesday, march 15th. thank you for waking up with us. here are five things to know this morning -- there are new tensions between the u.s. and russia over the downing of a u.s. surveillance drone. they clipped the drone over the black sea forcing it to crash. russia denies the accusation claiming the drone fell on us own. >> yeah. and another day of jitters over the fate of america's banking system seem to be easing slightly. stocks of some regional banks bouncing back after suffering declines. fallout is far from over. doj and scc investigating the ...

melugin and gillian. >> great it would have you in week two. and the dew points in delaware, and even some democrats are supporting investigation into classified materials. and we have lucas on the lawn of the white house. >> good afternoon, gillian. and they are he a-- they are curious why the president is at his summer house in delaware. >> and the president is going to the rehoboth home, does that have to do with classified documents found. >> it is relates to the documents, the president takes is seriously, i would reefer you to the white house counsel's office for any new develo...

zients is in. ♪ all right. good monday morning to all of you. welcome to our viewers here in the united states and around the world, i'm christine romans. officials in southern california last night identifying the gunman who killed ten people and wounded another ten at a ballroom in monterey park, that's east of downtown l.a. he is 72-year-old huu can tran. authorities say he died by suicide hours later after police stopped him at a shopping center 45 minutes away in torrance. >> when officers exited their patrol vehicle to contact the occupant, they heard one gunshot coming fro...

The cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through...

Weakest year since 2014. high prices and mortgage rates kept buyers out of the market but economists expect sales will ramp up again as mortgage rates fall. looking at markets around the world, european markets have opened higher, they're up. asian markets are closed for the lunar new year holiday. on wall street, stock index futures are barely mixed here. the dow and the s&p look to try to bounce back after the first weekly declines of the new year. tech heavy nasdaq finished higher notching the third consecutive week of gains. bloomberg this morning is reporting spotify could be the next b...