we still got ice cream, so we kind of recreated. you could do it any season. i did have to go to school, so that was a slight problem. in new york this season we ve had the least amount of snowfall through this point and the second warmest winter on record through this point. this has been horrific for me. i ve hated every single minute, but we ve had a good time this evening. i want to hear more about snow camp in the break. the cnn special report rising hate anti-semitism in america starts now. good evening, everyone. we ve got something special for you. country star brad paisley is it here live for us with a brand- new song honoring the people of ukraine and the song includes an unexpected guest. however you talk however you think from the songs that you sing to the drinks that you drink. . we re fighting for our parents to defend our houses and families. and love each other like crazy. . i m guessing you recognize that voice, but if not, brad paisley w
bank failures, silicon valley bank and signature bank. christine romans, what is happening with credit suisse is different, but it s also spooking thing market. it is. so this is european banking fears that are now spreading back into an already fragile and vulnerable u.s. system. credit suisse down 20% to a record low. several european bank shares are halted in european trading. so that s just feeding into the worry about rising free agents and fragilely in the world. dow futures down 1.5%. if this holds this would take away the rally in yesterday. nasdaq, s&p futures also lower here. the regional banks that bounced back in the u.s. yesterday a sign of stability, a sign of relief, a mixed performance. first republic shares in premarket trading up a little bit. some of the other banks are down and again what folks are really zeroing in here is what are the exposure to these banks, these long-term treasuries, long-term securities that are going to be hard to sell in the near
a good saturday morning to you. it is saturday, february 4th, you re live in the cnn newsroom, thanks for joining us so much for sharing part of your saturday morning with us. we begin with an eye toward the sky. we re getting new reports about the location of that chinese spy balloon that has been drifting across the country. according to reports, it has been spotted over north carolina an officials say it could move off the east coast and out over the ocean in a matter of hours. and as you would imagine, the balloon is raising national security concerns, and it is adding to the tension between washington and beijing. it was people on the ground in montana who spotted the balloon as it passed overhead. that thing is not the moon. the moon is right there. this thing is so weird. it is definitely moving. the context and the timing of this are really important. the secretary of state antony blinken called it an irresponsible act by china. keep in mind, this comes just day
conversations. to one side it means being aware of the issues of our injustices in the society, being aware of the struggles that other people have and working to correct them. to the other side it s a per yore tiff. it means whatever it has to. last week it meant woke. when we re talking about canceling math classes, canceling honor classes in the name of equality nobody is canceling math. there s schools in oregon and california that you can look it up yourself. the problem is we hear these phrases. we hear these terms about, oh, well, the s.a.t.s acanceled. realize when you dig down to it, none of it is happening. it sounds terrible. nobody is canceling these things. these things are simply being re-evaluated as they should because our kids deserve the best. this month governor desantis canceled the proposed ap course on african american studies. as we understand it, there were specific topics that governor desantis did not want covered, black queer study, bl
pay a roll is the silicon valley bank collapse. this hour, everything that you need to know. forget frenemies, president trump is acting as if governor desantis is his biggest rival, and the new nickname that trump is using on the trail for desantis and the regret he says that he now has. and a powerful nor easter is hitting hundreds of thousands of people with heavy snow and wind as heavy as 60 miles per hour slamming the northeast and you can see it churning there and a lot to get to this hour, and a lot to begin with the latest on the response to the banking fears. cnn business reporter matt egan processing all of the new inflation data which met expectations, and what is the new consensus this morning? well, jim and erica, it is saying that inflation is not gone, but it is cooling off. 6.5% increase in consumer prices over the last six months is not good, but it is triple what is considered healthy, but everything is relative. as you can see on the chart, the tren