west and winter storms out east. and now, rite aid and how the drugstore is being accused of fueling the opioid epidemic. this is what we are watchingt that hour. thank you for being here, i m kate bolduan, and we are beginning with the turmoil, the fallout, and the wild ride that has already been this week since the abrupt collapse of silicon valley bank. and the federal reserve is looking at the oversight of the bank and what went wrong and who missed what. the regional banks are bounce back after confidence of the institutions were shaken yesterday. this is how the stocks are performing right now. that is not all that is shaking up the economic picture this morning. we got the latest read of inflation. the government reporting that inflation fell for the eighth straight month in february. matt egan and john solomon joining us u no. matt egan to you, what are we seeing? we are seeing that the pressure is easing here, and the fact that the regional bank shares fell, an
i m bianna golodryga, welcome to cnn newsroom. i m john berman. we begin with breaking news. a russian fighter jet has forced down a u.s. drone over the black sea. the u.s. air force says the jet damaged the propeller of an mq-9 reaper drone. the aircrafts were operating over international waters when one of the jets intentionally flew in front of the drone and began dumping fuel. the white house says president biden has been briefed on the situation. cnn s oren liebermann is at the pentagon. we also have mark kimmitt. what are you learning? this played out early this morning over the black sea according to u.s. air force europe where a surveillance drone, an mq-9 reaper drone, was operating, again, over international waters when the air force says two russian fighter jets conducted an intercept in an up safe and unprofessional manner. but it goes beyond that. after the interpret, the russian fighter jets flew in front of the u.s. reaper drone, jumped dual in an attem
in theaters february 17th. ihop. let s put a smile on your plate. . hello i m victory for blackwell, i m allison, mounting concerns about the chinese spy balloon floating over the united states. secretary of state to anthony blending just postponed his high stakes trip to china hours before set to depart. moments ago, the pentagon said this is a surveillance balloon and man new or gently usedible, about the size of three busses was spotted over montana in recent days, the pentagon says it s now over parts of the central part of the country, moving at 60,000 feet over u.s. air space, the chinese are down playing this discovery. they claim it s a weather balloon that blew off course. for now, president biden is opting against the growing calls to shoot it down. . considering the size of the pay load on this, looking at the potential for debris and the impact on civilians on the ground or property damage, we assessed it. it does not pose a risk to people on the ground
reporting from the white house. also tonight, the death toll surpassing 28,000 following the devastating earthquake in turkey and syria. and one u.n. official saying that number could more than double. still, new rescues five days after the quake hit. today, a family pulled to safety, after being trapped in the rubble for 129 hours. marcus moore on the ground in turkey. the frightening airport collision involving a plane that was being towed and a bus at l.a.x. several people taken to the hospital. the fourth dangerous incident on a u.s. tarmac in just weeks. russia stepping up its offensive in ukraine. in the east, block after block of homes obliterated by russian bombs. children being put in flak jackets. how u.s. intelligence is playing a crucial role in helping ukraine fight back. tom soufi burridge is in ukraine. disturbing video showing a teenage student assaulted and bullied in what appears to be a planned attack. days later, she takes her own life. her father
hello and welcome to inside politics. i m john king in washington. thank you for sharing your very busy news day with us. call it a biden racy can you. the federal government swoops in to pay back depositors after a bank goes under. he promises 2023 will not look like 2008. the bottom line is this. americans can rest assured our banking system is safe, our deposits are safe. plus mike pence says president trump was reckless on january 6th. a big question now, whether pence repeats it when he s with gop voters in iowa, new hampshire and beyond. and president biden green lights a giant oil project in alaska. progressives are mad again. the drilling project suggests an early move to the middle with an eye on 2024. up first for us, though, a pair of bank failures and a white house emergency plan the president says will protect the economy but not at your expense. president biden speaking this morning before u.s. financial markets opened for trading and before most banks o