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medicare. done. well this is cnn. the world s news network. top of the hour on this monday morning. hi, everyone. i m jessica dean. good to have you, jessica. i m jim sciutto. today a new york grand jury is reconvening as it continues to weigh potential charges against former president trump. might be seen indictment today. cnn is outside the courthouse. plus this happening right now. massive protests in israel not just protests, crippling union strikes, store and restaurant closures, even hunger strikes by several israeli mayors. all of this over prime minister benjamin netanyahu s planned overhaul of the judicial system , his firing of the country s defense minister for opposing him in that plan. is the u. s s closest ally in the region, moving further away from democratic principles. israelis fear so we re going to the latest from jerusalem. also today, another round of severe weather is expected to strike the southeast after devastating tornadoes ripped through the ....
driving on january 7. officers are pulling the 29-year-old from his car and beating, kicking, tasing and pepper spraying him several times and he died thee days later. the memphis police department fired the five officers involved. they all face several charges including second degree murder. the release of the video has sparked wide-spread protests on the streets of memphis and around the country last night and today. fox news contributor and former washington dc homicide detective ted williams standing by with his analysis and first steve harrigan is live in memphis. steve reporter: john, the fallout of the death of tyre nichols here in memphis and the chief said that elite crime fighting unit the scorpions has been disbanded and all five accused of murder of nichols were members of that elite unit. more details, two coming clear from that tape and one hour videoed released on friday night and shows graphic violence and begins with the traffic stop of nichols. initial ....
watch out, watch out. watch out. mom, mom, mom. the five officers were fired and charged with second-degree murder among other charges. after watching the horrifying video the sheriff in shelby county, tennessee placed two deputies on administrative leave who would appear at the scene and launched an internal investigation. steve harrigan is alive in memphis tonight outside the police department, steve to you. and molly, more repercussions from this savage event for just learned the police chief has disbanded a scorpion unit all by former police officers accused of second-degree murder were part of that elite anti- crime-fighting unit. as an initiative of the new chief about 40 officers not going to be disbanded for you can see behind me two or 300 protests in front of headquarters despite the rain for there is not meant violence since that tape was released on the internet by the officials here at 7:00 p.m. on friday. a few details from that tape which may be ups ....
let s get down to business, there were no january blues on wall street as the month ended on a high for investors. lets look at the numbers some of the biggest names in corporate america have been reporting their latest earnings. the dow is up 2% in the month, the s&p is up 596. the rally comes as investors also look ahead to the us federal reserve as a two day meeting gets underway. my colleague samira hussain, with more from new york. 2022 was the worst year for the stock market since 2008 year, so far, is proving to be different with financial markets posting strong again for the month of january. markets posting strong again for the month ofjanuary. 0n for the month ofjanuary. on wednesday, all eyes moved to washington for the latest interest rate decision. traders are expecting to see rates increase by 25 points, a far cry from the aggressive interest rate hikes last year when america s central bank raised interest rates by three quarters of a percent four times. b ....
that is despite us china trade hitting a record high last year and with president xi increasing his power this expert what s wrong what s wrong tells us what this means. when will the rivalry have the consequences for the rest of us? we ll hear from the former head of the monetary fund s china division. the man behind brands such as intercontinental, holiday inn and crowne plaza tells us by a big expansion is not stopping him sleeping despite the delicate state of the global economy. welcome to talking business weekly. the us and china are the world s two biggest economies and for decades they have helped to power the global economy meaning that when they do well so does the rest of the world, but there is a growing amount of hostility between them whether it is spy balloons, differences over the war in ukraine, taiwan or coronavirus, those tensions are not always directly related to trade but they re having a growing impact on business deals. today the first shipment o ....