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CNN At This Hour With Kate Bolduan July 6, 2024

west and winter storms out east. and now, rite aid and how the drugstore is being accused of fueling the opioid epidemic. this is what we are watchingt that hour. thank you for being here, i m kate bolduan, and we are beginning with the turmoil, the fallout, and the wild ride that has already been this week since the abrupt collapse of silicon valley bank. and the federal reserve is looking at the oversight of the bank and what went wrong and who missed what. the regional banks are bounce back after confidence of the institutions were shaken yesterday. this is how the stocks are performing right now. that is not all that is shaking up the economic picture this morning. we got the latest read of inflation. the government reporting that inflation fell for the eighth straight month in february. matt egan and john solomon joining us u no. matt egan to you, what are we seeing? we are seeing that the pressure is easing here, and the fact that the regional bank shares fe ....

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CNN The Lead With Jake Tapper July 6, 2024

a u.s. drone is down after colliding with a russian jet. the lead starts right now. russian fighter jets intercept an unmanned u.s. drone, forcing it down over the black sea. how will the u.s. respond? plus, 2024 is clearly on. donald trump makes his first election stop in iowa, in the cycle. he takes aim at his first florida competitive, florida governor ron desantis is not officially in the race yet. but first, protecting your money, multiple investigations reportedly launched into the collapse of silicon valley bank, or cbb, as panicked tweets are partly to blame for banks losing $40 million in a single day. welcome to the lead. i m jake tapper. any moment, president biden is expected to speak in monterey park, california, about efforts to reduce gun violence. he ll also meet with families and victims from one of this year s many, many mass shootings. we ll bring you the president s remarks as soon as they begin. until then, we turn to money lead. marke ....

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CNN CNN Newsroom July 6, 2024

and the latest on what china is saying about that balloon hovering over the u.s. and president biden is going to speak following a new jobs report that smashed expectations. 517,000 jobs added in january and nearly three times the forecast. we will bring you reaction live. and a life-threatening deep freeze headed to the northeast, and millions are bracing for once-in-a-generation sub-zero temperatures. china is confirming that the balloon floating over to the u.s. is theirs, and it is not a spy balloon as the pentagon says, but it is a civilian airship used for research are the words of the foreign ministry, and it is said to be the size of three buses. china says it accidentally drifted off course. and the sources says that china cannot manually control it, but how did it get there in the first place? the continental u.s. is a big target. yes, what happens next is the big question. the pentagon says it is not a military or physical threat to the people on the ....

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CNN At This Hour With Kate Bolduan July 6, 2024

really developing. it is not known what the chinese is trying to do with this thing despite the apology issued this morning. the chinese government saying it is wayward weather research balloon. let s get to it, and even more mounting at the hour. and first to kiley adwood who is here with me. what are you hearing from the state department about blinken s trip now being postponed, kiley? we just got off of the phone with the senior white house official, and they they this balloon is violating international law and sovereignty. and this morning, secretary blinken called his counterpart and said that the conditions are not right for this trip. so it is a last-minute cancellation. we don t have a date for when is going to be replanned. i asked what are the conditions for this trip to be rescheduled, and they would not say. they said that china regrets this, but what the united states is clear on is their assessment, that it is a chinese spy balloon, and it is over u.s. t ....

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CNN CNN Newsroom July 6, 2024

floating above the continental united states, and we don t know what data it s collecting. you can see it right there on your screen and it s visable to people on the ground in montana. at least it has been since wednesday. today beijing confirmed it is theirs, claiming it is a, quote, unquote, civilian research air ship that went off course, but minutes ago, the pentagon flatly rejected that claim, calling it a surveillance balloon. secretary of state antony blinken s upcoming trip to china has now been postponed. the pro vocative move is inflaming a u.s.-china relationship already on the brink with tensions over everything from taiwan to tiktok. cnn s natasha bertrand is here to break it all down for us. natasha, there is so much to talk about here. so let s start at the beginning. what do we know about this balloon? yeah. so here, just to get a sense for the scale of this thing, this is the balloon, and what we know about it is that it is the size of about three bu ....

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