good morning. breathe it in deep. the weekend is here. and welcome to cnn this morning. i m boris sanchez. is and i m paula reid. boris, it s great to be with you. we appreciate you getting up bright and early. amara is skiing somewhere in europe. here s a look at what we re watching this morning. overall we created more jobs in two years than any administration created in the first four years. president biden taking a victory lap following a strong jobs report. where we re seeing those jobs. plus a stunning free falls that led to the second largest bank collapse in u.s. history. and testing the waters. presidential hopefuls sworm iowa this week as the gop race heats up. we have new reporting about when ron desantis might announce that he s running. i looked on the ground and it was flooded. he seems to be in a smiling mood for a natural disaster. california soaked by the another round of storms. those atmospheric rivers washing out roads, collapsing bridges and
that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank s assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large. the tech sector has seen layoffs and funds been sold off. that has led to panic. that s led to group chats of founders of vcs all abuzz with what to do with svp. that led to panic. nobody wants to be the last customer held at a bank. help break down all those affected. svb was the premier bank in silicon valley. we ve seen tech companies banking at svb as kind of a badge of honor. right now we
the man responsible for the death of khashoggi. bill: whether he damaged america s standing on the world stage. his response at the white house late at night. president biden: why don t you guys talk about something that matters? ask questions about something that matters. will inflation go down from here? president biden: i hope so. dana: 93% of americans are extremely concerned about rising prices. bill: as costs go up the poll does the opposite. 31% now. dana: casting a shadow of the president s reelection chances. 70% of voters don t want him to run again including more than half of democrats. fox team coverage. marc thiessen has analysis. let s begin with alexandria hoff at the white house. no events on the calendar for the president today. no chance for him to dampen the tone for the american people who are concerned about prices. new fox news polling shows that 75% of americans have been impacted by way of financial hardship because of inflation. yester
week. the christianne amanpour hour is next here on cnn. hello everyone. i m christianne amanpour in london. and in the next 60 minutes, we ll take you around the world to ask questions and tackle big problems and also let history be our guide. so here s what s coming up. first, to the tinder box that could spark a wider war. your president has recently warned that the middle east will quote become a ticking time bomb. well, we are doing everything possible for de-escalation. then, in london. my intel briefing from britain s former top spy, warning americans of the threat that could come next. you kill individuals, you can t kill an idea. and to the future. elon musk joins kamala harris and other world leaders at the first-ever global ai summit here in britain. but can ai creators be trusted to control their creations? we will have the first time, something that is smarter than the smartest human. welcome to the program, everyone. i m christianne amanpou
top story this is morning. paul flores, the man convicted of killing kristin smart in 1996 has been sentenced to 25 years to life in prison without parole. smart vanished in may of 1996 and prosecutors argued he raped or attempted to rape her and killed her in his dorm room. her bood was never found and she was declared legally dead in 2002. in 2021, new evidence led authority thos arrest flores and his father, though his father was acquitted. the spacex dragon endurance is headed back to earth after more than five months in space. the spacecraft and its crew undocked from the international space station early this morning carrying a crew of four. endurance is expected to splash down off the coast of florida tonight. an update on the tragic story out of the border with mexico.