nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart s stock fell more than 11% on tuesday, the company s worst day since 1987. and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting markets around the globe. overnight european markets opening lower, stocks also tumbled in asia after wall street s hellish day. inflation fears now depressing investor sentiment, many ceos publicly stating their concerns about a possible recession, something fed chairman jerome powell is keenly aware of. what we need to see is inflation coming down in a clear and convincing way and we re goin
Captions by vitac www. Vitac. Com this is cnn special coverage of israel at war. Im john berman in new york. The nation promises a new phase in its war on hamas. It is looking like a Military Ground Operation as more troops amassed near the border with gaza. Israeli airpower hit more targets on saturday. Officials say hamas Command Group played a major role in the deadly Terror Attacks, was killed. Meantime, civilians in gaza are heating some of the ideas warnings to leave the northern end of the territory and head south. But United Nations officials and other agencies one such a large scale evacuation more than a Million People could lead to disaster. Hospitals in gaza already say they are on the brink. Also the today, an Important Development from the pentagon. It has sent a Terrier Strike Group in a show of support for israel. And to deter others including the militant Group Hezbollah from getting involved. Cnns Oren Liebermann is at the pentagon for us. Talk about the this u. S. Ca
Welcome to all of our viewers in the United States and all around the world. It is now 9 00 a. M. In israel where the crisis that began early saturday rapidly escalated into war. With staggering death tolls on both sides. At least 300 israeli deaths are confirmed and palestinian Authorities Say more than 230 people in gaza have been killed. Thousands more have been wounded. Heres the israeli Prime Minister on saturday. I have ordered an extensive number of reserves that we would return fire that the enemy has not known. The enemy will pay an unprecedented price. Israel says up to 1,000 hamas militants poured across the border into towns. They rounded up israelis and taken to gaza. One woman describes the ordeal. Translator suddenly out of nowhere shots are coming in. They started shooting in every direction and i took the car keys and just drove and started moving forward to get out of the shots. Out of the shots. And at some point they overtook us. We were overtaken by the shooters. T
This is cnn breaking news. Hello everyone and thanks for joining us. Im Christiane Amanpour and london and we continue with our major breaking news, israel declaring its war with hamas following an unprecedented attack on israel where at least 70 people and maybe more according to officials , are dead, and 985 wounded, again, the numbers are probably already higher and expected to rise. The attack catching israel by surprise, at Sunrise Hamas launched their offensive by air, sea and land, the fighters infiltrated israeli towns and launched rockets. Scenes of Urban Warfare as gunfights unfolded between israel and hamas. The israeli president reacted saying we saw the true face of hamas a Terrorist Army whose only goal is the coldblooded murder of innocent men, women and children. I call upon the upon the family of nations, this war waged upon us mark a line in the sand. Israel is watching airstrikes into gaza were palestinian say hundreds have been killed. New video shows a Tower Collap
Russia is doing in terms of influence efforts in the United States trying to sow division that are already apparent in the us evidence that they tried to influence and maybe interfere in the elections. Terrific to have you here, kylie. Thank you so much for sharing this breaking news reporting. Weve got major new developments. Lets get right to them developing news for you this morning, donald trump just arrived at court, were watching that hallway for you to see if hes got anything to say today before critical testimony gets back underway . In historic Hush Money Trial this hour, the former publisher of the enquirer, david pecker, back on the stand under crossexamination as the defense tries to know formalized conversations, pecker told the jury about that involve trump, Stormy Daniels, and efforts to catch their stories and kill them because they were unflattering to donald trump cnns beringia and grasses live outside of court. As we wait to see if donald trump has anything to say. H