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the caucuses seven years ago plus, themarkets get a break as cooling inflation sparks a much needed rally on wall street. but what about main street what does the latest report tell us about the cost of food and clothes and electricity? we'll break it all down for you. and forecasters in california warning that a new round of rainstorms may bring large scale and long lasting flooding up to eight more inches of rain falling on areas yet to recover from last week's storm as the totals reached levels not seen in decades all this as the northeast sees its first real snow of the seaso...

The events of the past weekend with the bank failures changed that a lot markets actually at one point thought the fed might pause. now with this inflation data today, we get another batch of inflation numbers tomorrow, the producer price index market expectations pretty solid right now, looking for a quarter point rate hike when the fed gets together next week. >> jeff cox, good to have you on the program, thanks so much. we have got new fallout for silicon valley bank. "the wall street journal" reporting the justice department and s.e.c. launched separate investigations into the failure of...

In washington. it was a prized family asset. it was a money loser. but they needed cash. and now, lo and behold, he is using a spac, which is a somewhat opaque and quick trigger way of taking a pockets. they have not given much information out about the financials around this proposition. a lot of the security filings that usually attend something like this haven't been filed. they're moving forward. they've now pulled devin nunes in as ceo even though he has absolutely no experience running social media companies. then on top of it, they've revealed on saturday that they just got a billion do...

Essentially, it's a shell company that has a blank check, and he can use that money to merge with private companies and bring them public. spacs are all the rage on wall street with athletes, including shaquille o'neal and alex rodriguez along with politicians like former house speaker paul ryan, all of them get involved. it's gotten to the point that the sec recently warned investors not to invest in a spac simply because a celebrity is involved. in this case, trump is teaming up with digital world corporation, a nasdaq listed shell company. wall street gave the trump deal a standing ovation ...