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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 At This Hour With Kate Bolduan June 4, 2024 15:05:00

Time. and so it going to cool, but lit take some time. and so other initiatives to be introduced for home heating bills and internet prices, but it is going to be limited. it is limited. and the fed has a lot the consider when it is meeting next week, and you are hearing the fierce debate in the financial community of whether they should pause because of what we are seeing. they had a lot to consider before last week, and now after this weekend, it is even more complicated picture. that is why the fed is the fed, and that is why it is their job the figure it out, but before we get to where the fed is going, what is going on with meta, an announcing more layoffs? more layoffs of the tech industry and laying off another 10,000 workers and the second round in four months. back in november, they announced 11,000 job cuts, and the big nest their corporate history, and today, they said they are ....

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