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prosecutors will be pouring over videos and interviewing witnesses this weekend trying to decide whether to charge the 24-year-old former marine who held jordan neely in a fatal choke hold on the subway. tonight we have the first statement from that 24-year-old. plus, donald trump has until 5:00 p.m. on sunday to tell a judge whether he wants to take a stand in the e. jean carroll rape and defamation case, but the jury has already heard from him in a newly released video deposition. he claimed carroll was not his type but then mistook her photo for his second wife marla maples. i don t even know who the woman let s see, i don t know who it s marla. you re saying marla s in this photo? that s marla, yeah. it s my wife. which one are you pointing to? here. the person you just pointed to was e. jean carroll. and the great macaroni mystery. who dumped hundreds of pounds of pasta in the woods in a new jersey town? we re going to ask the mayor tonight. oka ....
good morning and welcome to cnn this morning. i m paula reid in for am ara wa walker. and i m boris sanchez. thank you to paula for filling in for amara. i know these hours are not really easy to work, but we re grateful for you being here. and paula, stop me if you ve ever heard of an atmospheric river before. are you familiar with those? i m absolutely not. i had to look it up this morning so i could understand all these incredible stories we re watching this morning. how do you live like this. california soaked by another round of storms. those atmospheric rivers are washing out roads, collapsing bridges and prompting evacuations. the latest on the damage and where the severe weather is headed next. i don t know how we ll do our payroll now. a stunning collapse, silicon valley bank folding marking the second largest bank failure in u.s. history leaving some business owners scrambling to figure out how they will pay their employees. and former presiden ....
crew has reached the site where a u.s. drone crashed in the black sea after being hit by a russian jet. i ll ask key white house official john kirby what, if anything, the kremlin might learn from the wreckage. also tonight stock prices slide amid fresh chaos in the banking industry. two troubles at two banks atting to fears more failures on the horizon as many americans are wondering if their money is safe. and former trump lawyer michael cohen just wrapped up his second round of testimony in the investigation of hush money he says he paid to stormy daniels. the adult film star meeting with prosecutors today as a grand jury considers criminal charges against the former president. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. announcer: this is cnn breaking news. let s get straight to the breaking news. sources now telling cnn that russian naval craft have arrived at the site of the u.s ....
historic inflation. the decision will likely produce ripple effects on your personal finances and the economy in the months to come. cnn s matthew gin et joins us. we ve been awaiting this decision, what has the fed said? 75 basis points, the fed just delivered another massive interest rate hike, designed to put this inflation fire out. that means higher borrowing costs. this is the fourth straight interest rate hikes. this is historic. we ve never seen drastic actions like this under janet yellen. we never saw this from ben bernanke, or even alan greenspan. you have to go back to the early 80s under paul volcker. i think this says how stubborn the inflation has been. the fed s statement, which is watched very closely, is basically identical to last month, except for one key part. the fed reiterated that ongoing interest rate hikes are likely to be appropriate, but they added that this is going to be the case in order to get policy restrictive enough to get inflation ....