may or may not match up with what you are feeling every day. we re about to get the biggest hard data dump of the summer. a multifaceted look at what the cold hard facts tell us about where the u.s. economy stands. you have these big hitters all announcing their earnings this week. it s going to be a big reflection of where we are, what we re buying out there. what we re not buying and participating in in this market. look at the reports coming out this week. it s a huge week for this summer. you have gdp, the cost of goods. perhaps the most important, consumer sentiment that we ll get at the end of this week. as you know, two quarters of gdp contraction. we ll get that second quarter gdp number. signalling a recession in the u.s. economy. the white house is changing its tune on the long-accepted benchmark. janet yellen is starting to hedge on what the definition of a recession is. with that, we bring in neil cavuto from your world. always good to have you with us. neil:
Available to stream on and max good morning, everyone. Welcome to cnn this morning it is sunday, may 5th. Im amara walker. Im victor blackwell. It is always a pleasure to be with you. Thank you for being with us. Heres what were watching for you. Two feet of rain in parts of texas have flooded home stranded people on rooves and 30 entire neighborhoods into rivers and there is more rain on the way. The warnings from officials as more wet weather moves in, police and protesters clashed during a propalestinian demonstration at the University Of Virginia, the school is now responding to that altercation. What were hearing from minister later, there are reports of progress, but no breakthrough as Ceasefire Talks continue between israel and hamas, where Negotiation Stay in as israels Government Faces increasing pressure to bring those hostages home. And the cicadas are here and theres a good chance you will hear them before you see them, well explain later on cnn this morning, well, millions
Wont regret it. Five riskfree without 30 day fit guarantee at hunter you are, in the scene and newsroom. Hi, everyone. Im Jessica Dean In Washington and we begin with breaking news. Cnn has learned the Biden Administration has paused a shipment of us made ammunition to israel. It appears to be the first time the us has stopped a Weapons Shipment to the Israeli Military since the october 7 hamas attacks and it comes amid growing tensions between the us and israel over the war in gaza. Tonight, were also falling the following. The fallout from the highstakes negotiations in cairo over a potential hostage and ceasefire deal seen as Priscilla Alvarez is here with us right now, and priscilla, what more are you learning about this ammunition that has been held . Well, i talked to a source familiar with this decision and they could not disclose any details as to how this decision was made. But heres what we do know. It is not linked to a potential Israeli Ground invasion of rafah in Southern
Im Melanie Zanona in washington and this is cnn hello again, everyone. Thank you so much for joining me on for greek of whitfield and we begin with the dangerous weather situation okay. Texas that could get even more treacherous this weekend, heavy downpours and parts of the state have swept away vehicles, damaged homes, and triggering evacuations some areas have gotten hit with almost two feet of Rain Triggering widespread flooding and more rain is in the forecast cnn correspondent rosa flores as in houston for us. So rosa, People Living in the flood ravaged communities are bracing for more rain. And i see the air boats behind you. Theyre ready for evacuations, are picking up people this just happened in the last few seconds fred, so ive actually havent been able to talk to them other than one individual who just got off this vote and said that there was water in his house and he literally was just rescued but this is literally happening as were going live. So i havent talked to to th
Storm florence. All of our crews are out in it. Well be bringing all of this information to you. Our breaking News Coverage our breaking News Coverage continues now with ac360. Captions by vitac www. Vitac. Com good evening. Im Anderson Cooper in willing, North Carolina. The story has been wailg rain and rain and more rain. Were seeing the heaviest band of rain just in the last ten minutes or so hitting this area down by the cape fear river. Five people have died so far in this storm. Five people. Five lives lost. Hundreds of people have had to be rescued from their homes. Some here in wilmington. Others in new bern and elsewhere. There have been rescues going on last night throughout today and no doubt will continue tonight. Well be talking to some rescuers in the next hour as
well as some people who have been rescued. And the stories they tell are harrowing of water coming into their homes. Of sending their children up into the attic with what they thought was to save their lives, an