deeper trouble, and two credit firms downgraded first republic bank to jump status. though they gave back some ground by the close the dow industrials and s&p 500 still ended the day down significantly. shares of regional banks including first republic were down sharply, in first republic s case by more than 21%. big banks which are more tightly regulated also took a hit with citi group shares down 5%. we ll have more in a moment on what this means to markets and the economy. chris tone romans and phil mattingly with me for that. first we re joined by senator bernie sanders. senator sanders, how much confidence do you have in the banking system right now? and should people watching be worried about their bank and their savings? well, i think we re all concerned about what happened at silicon valley and we re looking at other banks around the country. and i think our hope and our prayer is that there s not going to be contagion. and i think it s imperative that the congress
good evening. tonight, the latest on banking system troubles that appeared to be easing yesterday but came rumbling back this morning. deeper trouble than previously thought. then, kim news that two tragic credit rating firms had downgraded. markets plunging this morning, and that they gained back some ground by the close, the still ended the day down significantly. shares of regional banks, including first republic, were down sharply, and first republics case by more than 21%. big banks that are tightly regulated also took a hit, with citigroup shares more than 5%. good morning the moment on what this means to market economy, your money christine romans will be with me for that. first, we re joined by vermont senator bernie sanders, who chairs the senate labor and pension committee. so sanders, how much confidence you have in the banking system right now? should people what should be worried about their bank in their savings? i think we re all concerned about w
i m rosemary church. just ahead, we are hours away from u.s. markets opening up for a wild day on wall street. stocks tumbling after another bank lands in trouble. we ll look at how this impacts your money. plus it s important that great powers be models of transparency and communication. a war of words intensifying amid an actual ground war. this, as u.s. officials say a russian crew has reached the site where a u.s. drone crashed in the black sea after being hit by a russian jet. and we ll take you live to tel aviv, where israel s president is invoking the term civil war. good to have you with us. global markets, as another bank teeters on the brink of failure. but credit suisse will get a hand from swiss national bank as it plans to borrow $54 billion in hopes of assuring investors. the lender would be the first major bank to be given such a lifeline since the 2008 financial crisis. that feeling the of deja vu sent markets plunging in the nasdaq. the dow and s&
off. norah: our exclusive reporting about the u.s. navy s mission to stay prepared. this is not a 9-to-5 job, is it? no, it s not, it s around-the-clock. the prosecution is trying to understand, when did you decide to lie about your whereabouts? i don t know exactly when i made the decision to lie about that. a brutal winter storm rips across the country, including parts of california under blizzard warnings for the first time in history. norah: and a temple university officer is laid to rest. chris is physically gone, but his spirit, love, and laughter will live on through all of us as we continue his legacy. announcer: this is a special edition of the cbs evening news with norah o donnell, reporting tonight from the uss nimitz. norah: good evening, and welcome again, from here in the western pacific ocean, where we are on vulture s row, the commander s observation point high above the busy deck of the uss nimitz that has just returned
top of the hour. thank you for joining us in this cnn newsroom. i m erica hill. i m jim chsciutto. the ntsb investigators are headed back to ohio. they have more concerns after a new crash there. and now, there is a police training facility where there was protesters who set a vehicle on fire and there was a clash there. and we will look at the look next of former president trump and governor desantis as they head to ohio this week. and we go to jason carroll who is on the scene there in ohio, and i understand, jason, that the ntsb investigators are going to be headed to the scene today, and we understand that we have new information about the crash and what the train was carrying, and is there a risk to the citizens there? yes, the ntsb say that there is no risk to the residents here, but within a month s time, a second crash here, and you can see that one of the cars here is still on the side here, and the investigators will be coming out to sort out what happened