Trumps legal team will face the federal judge overseeing the 2020 election interference case. This as the Special Counsel requests an aggressive trial date. Meantime, trumps 2024 republican rivals are flocking to iowa for the annual state fair. Former Vice President mike pence is being heckled by some people at the fair as a traitor. A Covid Variant grips the country as Health Experts brace for a surge in the flu and rsv as well. A viral Triple Threat threatens america. And thousands of hackers are headed to las vegas for a chance to win millions of dollars in prizes to crack chatgpt. The white house is telling them, do your worst. Cnn this morning starts right now. Breaking news this morning, that death toll from the catastrophic set of wildfires across maui has risen to 55 people. Officials are warning its expected to increase as Search And Rescue efforts continue. We are seeing loss of life here. As you know, the number has been rising, and we will continue to see loss of life. Its
We begin this morning in hawaii where authorities have increased the death toll caused by the wildfires there, at least 55 people now confirmed dead from the raging inferno that swept through the town of lahaina. The community there is just devastated from the loss. We are going to try our very best to identify those that have perished so that the families can have their closure and can have that understanding. When the mayor said it is all gone, it is all gone. It is all gone. It is gone. The governor estimated thursday that about 80 of the overall lahaina area was destroyed. County officials in maui say the fire there is mostly contained. The federal government also swinging into action with President Biden issuing a Disaster Declaration for maui and parts of the big island. And sfeefema oig administrator traveling there today. And i want to bring in a woman who is safe but also separated from her family. Her parents home has burnedsis firefighter there. First of all, how are you doi
Those blasts sent massive fire balls into the nights sky. The initial blast erupted at a warehouse for Hazardous Materials and triggered other explosions at nearby businesses. Those explosions could be felt miles away. The cause at this point not immediately clear. Lets take a look at some live pictures this morning from tianjin china. You can still see the smoke cloud billowing. We heard from hyundai. Well take more of a look at whats happening with china in a bit. About 4,000 imported vehicles were destroyed by that blast. Heres the big stories today, China Central bank holding a News Conference in beijing overnight arguing theres no basis for continued currency depreciation. Earlier in the day they set the rate below yesterdays close. Well have a live report in a moment. Athens wants to see a vote before a euro zone identifinanc meeting tomorrow. It argued it lacked clarity on the direction of policies. Here in the u. S. A busy day on the data front. We get jobless claims, july reta
Oil still trudging below 43. Our road map begins with chinas ripple effects across the global markets. Was a secretive News Conference enough to stop the bleeding. Retail sales are rebounding. Some major Retail Stocks falling hard. More pain to come in the sector. Two stocks sinking on secondary offerings. How should investigators make those moves . Futures lower. China allowing is currency to weaken against the dollar for a Third Straight day. Cutting about i 1. 1. The Third Straight day of cuts as applies to markets. You sat here yesterday and said you like the setups and you saw what the dollar was doing. People are going to think these are okay. The dollar is back to being strong. Oil challenging 42. Those stocks were integral to the turn. Interest rates kind of doing nothing. The earnings other than cisco. The retail earnings directly in contrast to the retail sales number. You put macys and kohls together, you have to wonder what nordstrom is going to say. Yesterday was perfect.
And thats where a new government report comes in on the prices something near and dear to all of us, egg prices. The department of agriculture reports the prices are at an alltime high following the worst outbreak of bird flu in decades. Its basic classic supply and demand, fewer eggs, higher prices. And as we report, the shortage not just for eggs may be far from over. Reporter avian flu, officials now call it the worst animal Virus Outbreak in u. S. History. Its been more than two months since the last case was detected but the damage is done. 48 million chicken and turkeys had to be destroyed and they are finally lifting the quarantines and some farmers are starting to restock. The first had in iowa is brad me whose farm became infected in may. It was a huge relief no question about it. Reporter the turkeys will begin hitting the market later this fall. Farms in minnesota are beginning to repopulate as well and so far its turkey operations and not yet egg facilities which suffered t