Person arraignment in the maralago documents case. Well tell you what happened when his two codefendants showed up in court. Plus new reporting from propublica about Clarence Thomas and his wealthy network of friends who allegedly financed his luxurious gifts and travel. And we begin this morning with a devastating wildfires in hawaii. At least 36 people have died as the flames rip through the island with crews in the skies and on the ground urgently battling three active fires. The flames have destroyed homes, wreaked havoc on businesses and forced thousands to evacuate. Residents seeking safety are flocking to airports and shelters. My family is thinking of just leaving the island completely. We have nothing but the clothes on our backs right now. Everything is gone. Some had to jump into the ocean to escape dangerous flames, swallowed more 2,000 acres of land. Want you to see Satellite Image that captures what the town of lahaina looked like, a Historic Town before and after the bla
donald trump. and jurors are expected to hear from a new witness today. we ll tell you who that is and why his testimony could be important to the case. plus, another emergency rescue effort in an attempt to curb panic in the markets. details on the deal involving sw switzerland s largest bank. xi jinping is in moscow right now and just met with vladimir putin. xi s new comments this morning about why he s there. 20 years ago today the u.s. invaded iraq. we are live in baghdad with the scars from that war still felt today. we ll also talk to congressman jason crow who served in iraq and now says there should be no more blank checks for the military. and back at home, deadly violence erupts during spring break in miami beach. we re live with how the city is cracking down. and we begin with the very latest on the investigations surrounding former president donald trump. a new york city grand jury could hear from what could be the final witnesses in its investigatio
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robust law enforcement response not just downtown but perhaps across the whole city if and when we get to that point. vaughn hillyard, garrett haake, and paul bbutler, thank you. turning to the latest on wall street where fears are still lingering over the stability of the banking sector. this morning credit suisse s shares are still down after swiss banking giants ubs stepped in to purchase its long-time rival. when the markets opened after receiving a downgrade in its credit rating. let s take a look at where things stand at the dow jones. up 330 points, and that s right now at an increase of just over 1% the total trading. up 326 points. joining us now with more is cnbc global markets reporter seema mody. what do people need to know about this deal between ubs and credit suisse? thanks to ubs swooping in
europe. as he might put it, goodbye, america, don t let the door hit you on the way out. we ll be talking about this a lot more throughout the morning. now to other news making headlines this morning. wall street marked one of the best market comebacks in a long time yesterday with all three major indices finishing on a high note. investors began monday s session dumping technology shares. at one point the dow jones dropped more than 1,000 points, but shares rebounded as the day went on. president biden meanwhile joined the white house competition council for its second meeting yesterday to discuss efforts to lower prices and combat supply chain shortages for american consumers. joining us now, cnbc global markets reporter seema mody. seema, a lot going on. absolutely. good morning, mika. a dramatic rebound on wall street yesterday with stocks falling precipitously at the open and then really in the