everyone. poppy is off today. i m erica hill. thanks for being with me this morning. let s get started with five things to know for this memorial day, may 29th, 2023. joe biden and kevin mccarthy made a debt ceiling deal. now they have to sell it. can they get the votes before default on june 5 th? russia shot down a record number of missiles ahead of the long awaited counter offensive. search and rescue operations under way right now after an apartment collapse in iowa. seven people have been pulled out. the mayor, though, says a number of others are still missing. and happening today, president biden will honor america s fallen service members during a memorial day address from arlington national cemetery. he ll also participate in a wreath laying ceremony at the time of the unknown soldier. tonight, boston celtics looking to make more history by becoming the first team to win game seven after being down 3-0 to the miami heat. cnn this morning starts right now.
right now, students and staff at uc-davis are on high alert after three stabbing attacks near the campus and two of the victims have died, and search for suspect. more than 11,000 hollywood writers are on strike after their union and studios could not make a deal. what it means for your favorite show. and the u.s. could default on the debt if a deal is not struck by june 1st, will the president and house leader kevin mccarthy make a deal? those stories and more are all coming in right here to cnn news central. police have now lifted a shelter in place notice for the uc-davis community, but the danger is still streaming for the dangers on the campus, it happened late last night, and woman is in critical condition after being stabbed and this is after a 50-year-old man was found dead in a park a mile and a half from campus. then on saturday, a uc-davis student was stabbed to death at another park. the police have made no arrests or named suspects. nick watt is joining
three more people charged with murder after a virginia man died in custody, his family calling for justice after seeing video of his last moments. and growing legal problems for donald trump. thousa now dozens of staffers at mar-a-lago are receiving subpoenas. here we go, friday, st. patrick s day, welcome to our viewers in the united states and around the world. i m christine romans. we begin with china s president xi jinping set to meet with vladimir putin next week in russia. the kremlin says the two will discuss strategic cooperation. this is amid fears that beijing might provide weapons to russia for its war in ukraine. kristie lu stout in hong kong for us. what else do we know about this meeting? reporter: chinese leader xi jinping will be traveling to russia to meet with vladimir putin from march 20th to the 22nd. according to a spokesman earlier day, they will discuss bilateral relations, regional issues, while drawing a blueprint for the two countries relation
pay a roll is the silicon valley bank collapse. this hour, everything that you need to know. forget frenemies, president trump is acting as if governor desantis is his biggest rival, and the new nickname that trump is using on the trail for desantis and the regret he says that he now has. and a powerful nor easter is hitting hundreds of thousands of people with heavy snow and wind as heavy as 60 miles per hour slamming the northeast and you can see it churning there and a lot to get to this hour, and a lot to begin with the latest on the response to the banking fears. cnn business reporter matt egan processing all of the new inflation data which met expectations, and what is the new consensus this morning? well, jim and erica, it is saying that inflation is not gone, but it is cooling off. 6.5% increase in consumer prices over the last six months is not good, but it is triple what is considered healthy, but everything is relative. as you can see on the chart, the tren