the covid global health emergency is over. that s the word from the world health organization. a historic moment since he declared an emergency more than three years ago. it also comes as the u.s. is set to end its own public health emergency. bracing for a surge. right now homeland security alejandro mayorkas is at the u.s. southern border as worries grow about a sharp rise of migrant crossings days before a covid-era policy ends. live from there. a major threat to putin s war in ukraine. the head of a mercenary group deployed in the war against ukraine by tens of thousands, wagner, says he could pull out from a battle as russia raises a major counteroffensive against ukraine. this, all coming in here to cnn news central . it is a historic moment in the global fight against coronavirus. the world health organization today announcing covid-19 is no longer a global health emergency. it was more than three years ago now that coronavirus was declared a public health emerg
now, none of these plans are finalized. however, the city tells me they are already running out of room. last night they had to resort to sheltering people inside an old nypd training gym, because the shelters are at capacity, and they are running out of room. hmm. all right. painting quite a picture. gloria, thanks so much. jim? really good economic news. u.s. jobs market shrugged off recession fears today with a blockbuster april jobs report. analysts had been expecting 180,000 new jobs. employers came in hotter. 253,000. as you can see, dow s loving it. there is the ongoing question, though, how the fed responds to all this, and how much it tries to rein economic growth in. matt egan following this. matt, i know we always like to do, take the good with the bad. take the good for a moment. that s a very vibrant job market. that s good news for americans looking forward.
the last 24 hours or so investors had started to anticipate the fed could actually start cutting interest rates as soon as july. this jobs report has forced investors to take those bets away, but, listen. markets are ending what was a very nervous and turbulent week on a decidedly positive note here, jim. the dow up 600 points. basically a session high and even regional bank stocks, the ones plunging yesterday, they are skyrocketing today. matt egan good to see it going in the right direction. boris? coming up, a shock withdrawal. putin s hired forces telling him they are leaving part of eastern ukraine. we re going to take you to the front lines. plus, the supreme court is just halted the excuse of richard lawson. a live report on that. fewer than 24 hours away from britain s first coronation in more than 70 years. a royal expert tells us what she ll be watching for as a new king and queen are crowned.
solid. really across the board. professional business services, health care, leisure and hospitality all adding tens of thousands of jobs last month alone. jim, put it together, there s nothing about this jobs report that speaks to an imminent or ongoing recession. so, listen, fed raised interest rates earlier in the week, a quarter point. seemed to senate they re not wedded to another interest rate hike at the next time around. inflation numbers have been coming down. dop they, then have to factor in the strong job market? i mean, when you think of economists how do they add it all up as they already look forward to the next fed decision? jim, it is a confusing picture. a lot of moving pieces. the fed did open the door to a pause in interest rate hikes. and the thinking among economists and investors right now is that today s jobs report, while it was strong, it does not remove the possibility for a fed to pause at the june meeting. what s interesting is that in