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 president trum
downtown detroit former president donald trump has just taken the stage. he was soon to speak at a conservative conference there good evening i am jon scott and this is the fox report. this is the former president second event today on the motor city spoke earlier at a round table announce a new campaign coalition called black americans for trout. four years ago trump was a state of michigan to joe biden by 150,000 votes. it might be close this november. that is fox news poll has trumped up by three points in michigan. madison all worth is alive it huntington place in detroit with the latest for us. hey john, we are inside 180 church for its first start for the president turns detroit today spoke to churchgoers, community members and received multiple standing ovations as he spoke to the voters here in this church i want to tell you some of the things he talked about that got him a standing ovation he got loud applause when he said he would keep a gender ideology away and o
And it is not the intended cause of rising interest rates, but it is a risk. beyond that lot of the companies that banked with this institution were also themselves affected by higher interest rates. higher interest rates have made a lot of these startups much more challenging. so all of these things com pounded. and as we ve seen the last few job reports including the one that came out yesterday, tech is going through this sort of weird rolling-ish recession. i wanted to get your thoughts on the inflation number that we saw yesterday. 6.4%, down 0.1% from december, still much higher than the 2% target that the fed has set. how are you going to cool inflation if the job market is still overperforming? it is a funny problem to have. normally one would think, oh, the more jobs the better, the