assured they will be protectednd have access to their money we have an obligation with payroll. we have an electrical business and we have to meet payroll this afternoon. that s why i am here. everything is insured. we are not worried. going to collect my share and go home. wow. yeah, wow, right? it s a full-on bank run. these are old-school bank runs. let s not scare people. no, i m saying what we re seeing. a few banks. yes. let s hope it s not more. good morning. it is the top of the hour. glad you are with us. customers getting their money back after the stunning collapse of silicon valley bank. concern is growing as don was indicating for other regional smaller banks across the nation. their stocks are tanking. how much danger are they really in? former treasury official roger altmann is here to weigh in. a massive winter storm slamming the northeast. right now with powerful winds and up to two feet of snow. we will take you live inside the stor
hello. we ll have much more on our breaking news here in just a moment. a russian jet striking a u.s. drone over international waters in the black sea. first, though, today, a collective sigh of relief after the latest inflation numbers and a market rally have the u.s. stepping back from the brink of economic disaster. inflation has cooled for the eighth straight month with the consumer price index at a level we haven t seen since september of 2021. that doesn t mean the prices are back to normal. any trip to the grocery store makes that very clear. but overall they are trending in the right direction. right now regional banks are rebounding. there you see some of the surging stocks and paired with that deposit outflows are apparently slowing, meaning the collapse of two banks in recent days has not as of now sparked a domino effect. but moodies has just down graded its outlook for the entire u.s. banking sector. matt, what a difference a day makes here, right? first republic
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
oscars the movie making history on hollywood s biggest night. announcer: this is nbc nightly news with lester holt good evening, everyone president biden was up early in front of the cameras before the markets opened this morning in a move to calm jitters following a pair of bank collapses. mr. biden declaring the banking system is safe and telling customers your deposits will be there when you need them new york s signature bank following silicon valley bank down the road to collapse over the weekend. those banks are tonight in the hands of regulators. in addition to telling folks their money is safe, the president today called on congress and banking regulators to strengthen banking rules to prevent such failures in the future the government reassurance appeared to go a long way toward easing nerves on wall street however, concerns remain over whether it s all over. nbc s jake ward has much more. reporter: with two u.s. banks being forced into closure in recent days
what this week s interest rate increase means for your money and how you can soften the blow. smash and grab. the d camera and the suspects million-dollar getaway. you ll want to see what they stole. and later, building history. the landmark that stands up for barrier-breaking women. we want to embrace women and art, just like they did, back in the 1920s and 30s. this is the cbs weekend news, from chicago, with adriana diaz. good evening. thank you for joining us. communities in the south have been flattened by a series of tornadoes that tore through several states late friday, leaving behind an almost apocalyptic path of destruction. more than two dozen people were killed in mississippi. at least one in alabama. and the search for the missing is under way. president biden pledged the government will do everything it can to help. nbc s omacbs omar is in stille have silver city. reporter: when the sun came up, residents realized their house was tore down. this