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Transcripts For CNN CNN Newsroom 20240706

inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is now on to recover it. extreme life-threatening weather continues to hammer both coasts this morning. record rain, swamping california, heavy snow, 3 feet in some areas, burying the northeast. this morning nearly half a million people without power. we are going to get to all of that, but we do want to begin with the economy this morning, this new data that just dropped, cnn chief business corres

Transcripts for CNN CNN Newsroom 20240604 13:25:00

on the west coast, natasha, this is the 11th atmospheric river to sweep through california, i think it s a term that most of us only learned this year, and now we re looking at number 12? reporter: yeah, erica, this is coming next week, another one, but i do want to point out that this neighborhood has been flooded like this since the january storms. this has been sitting like this for two months, and i m not going to step too much further back because it s actually quite muddy down here and the feet are getting stuck on the bottom but i do want to show you over here is actually someone s driveway, they thankfully removed their cars with the worst storm in january that hit and because there have been so many storms back to back they ve now gotten a lot of practice, a lot of sandbags. so people here are just bracing themselves for more rain coming next week. another problem that we saw within the last 24 hours was not just heavy rain, but also places

Transcripts for CNN CNN Newsroom 20240604 13:22:00

when it was time to sign up for a medicare plan mom couldn t decide. but thanks to the right plan promise from unitedhealthcare she got a medicare plan expert to help guide her with the right care team behind her. the right plan promise only from unitedhealthcare. once again, two extreme weather moments really hammering the coasts of this country today, both the east and the west coast. a late season nor easter has now dumped more than 3 feet of snow in parts of new york and new england and there is more in the draft forecast for today. more than 200,000 customers are without power in the region. nearly as many homes in the darkened california as the latest atmospheric river as it s known drenched the state, shattering daily rain records. the governor declared a state of emergency and even more counties as flooding and ferocious winds

Transcripts for CNN CNN Newsroom 20240604 13:18:00

oh, my god. oh. we will take you live to california and massachusetts. anyway also ahead, seven sheriff s deputies in virginia arrested, charged with second-degree murder for the death of a man in police custody. what we know about the case. that s what you get from the m morgan stanley client experience. you geget listening more than talking, and a persrsonalized plan built on insights and innovative technology. you get grit, vision, and the creativity to guide you through a changing world.

Transcripts for CNN CNN Newsroom 20240604 13:01:00

inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is now on to recover it. extreme life-threatening weather continues to hammer both coasts this morning. record rain, swamping california, heavy snow, 3 feet in some areas, burying the northeast. this morning nearly half a million people without power. we are going to get to all of that, but we do want to begin with the economy this morning, this new data that just dropped, cnn chief business correspondent ch

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