the race for a gop presidential nominee. for the first time since the invasion of ukraine began, russian officials could be facing war crimes charges. reuters and new york times reporting the international criminal court is planning to open two cases and issue arrest warrants for a number of people. something that ukraine has been asking for for some time. in just moments labor department will release a key inflation report revealing just how much consumer prices rose last month. biggest thing to watch for is what the federal reserve is going to do. are they worried about the fragility of the banking system and being able to handle more rate hikes. good morning, everyone. welcome in to cnn this morning. banks across america struggling with the fallout from the largest bank failure since the 2008 financial crisis. stocks of more than two dozen regional banks plummeted yesterday, even after president biden took emergency action to ease panic. we re keeping a
shot because of it. they re gonna have spears that they never thought about in their life that now they re going to think about all the time there is this culture within america that shoot first ask questions later. what is going on in this country? at least two people are dead this morning after severe storms tore across three states overnight tornado left down trees and power lines, creating challenges for first responders to find those trapped in a number of emergency crews all over this area. look at all the damage. the inflow is insane. access to the comment. abortion drug kristen still legal, at least for now, this is a really uncertain time for the abortion rights movement. pandora s box of potential legal issues. real question is, will they hear it? and where are they headed on this? we don t want a supreme court justice in our bedrooms, telling us what to do. not can you hear me? now? can you hear me? we saw a missile land very close to our vehicle. thousands have al
good friday morning to you. so solemn day of news today, i m jim sciutto. and i m erica hill. today the nation will see exactly what happened to 29-year-old tyre nichols during a violent encounter with police in memphis, tennessee. the injuries he sustained during that traffic stop ultimately leading to his death, and some of those videos, including those from police body cameras, have been described as appalling, horrific and inhumane. right now five memphis police officers have been fired, charged with several felonies, including second-degree murder. this morning a remarkable one on cnn, cnn s don lemon spoke exclusively with memphis police chief c.j. davis revealing extensive new details about what you are going to see in the videos that will be released later today. the two meticulously walking through what led up to the traffic stop and remaining questions about that, the beating and the arrest of tyre nichols. also the ongoing investigations into the officers respo
government is stepping in to calm the failure two of u.s. banks. everyone that had money in sign silicon valley bank and signature bank will have money. the president is going to address the public about it. oscars, stealing the show, best picturor, best actress, best supporting actor and best supporting actress. also overnight, saber-rattling once against from north korea with a missile test launched from a submarine. the u.s. and south korea begin joint military exercises. you know this name. michael cohen. set to testify in a case that could lead to criminal charges against donald trump. cohen expected to appear before a mat nhattan grand jury. he s been making hush payments to stormy daniels. and get this march madness your march madness bracket is set for the ncaa tournament. the one seeded, kansas, purdue, alabama, something like that never heard of them. cnn this morning starts right now. i can tell you, i was in washington this weekend. the collapse of
any moment now, president biden will address the nation from that podium right there amid concerning questions about potential contagion in the u.s. banking sector. what does that mean for your money? a very good monday morning to you. i m jim sciutto. and i m erica hill. president biden expected to try to calm fears in a matter of moments when he does make his way to that podium, this amid the failure of two u.s. banks. we re talking about silicon valley bank, which you ve heard a lot of this weekend, as well as signature bank. the biden administration is taking emergency action here and there is the president. let s listen in. for california. i want to briefly speak about what s happening to silicon valley bank and signature bank. today, thanks to the quick action of my administration over the past few days, americans can have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that deposit ac