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CNN Early Start With Christine Romans July 6, 2024

welcome to our viewers in the united states and around the world. this is early start. we begin with global markets in turmoil in the wake of the failure of two major commercial banks, svb and signature bank in the united states. global markets, asian shares closed down sharply as investors fear further bank collapses to come. european stocks have been climbing though in the last few hours, a mixed performance now, but trying to find some footing this europe. and look at u.s. futures, they are up slightly. we ll try to make sense of all of this for you in a moment. one place you don t want your investment dollars right now, regional bank stocks. first republic shares first more than 60%. western alliance bank corp down 47%. driving the u.s. market overall, extreme fear. according to cnn business fear and groeed index. clare sebastian is joining us now. explain why u.s. futures are up again. yes, and there has been five straight down sessions, basically a week of los ....

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CNN CNN Newsroom July 6, 2024

hello. we ll have much more on our breaking news here in just a moment. a russian jet striking a u.s. drone over international waters in the black sea. first, though, today, a collective sigh of relief after the latest inflation numbers and a market rally have the u.s. stepping back from the brink of economic disaster. inflation has cooled for the eighth straight month with the consumer price index at a level we haven t seen since september of 2021. that doesn t mean the prices are back to normal. any trip to the grocery store makes that very clear. but overall they are trending in the right direction. right now regional banks are rebounding. there you see some of the surging stocks and paired with that deposit outflows are apparently slowing, meaning the collapse of two banks in recent days has not as of now sparked a domino effect. but moodies has just down graded its outlook for the entire u.s. banking sector. matt, what a difference a day makes here, right? first re ....

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Deputies: Ca. man arrested for molesting juvenile, more victims suspected

The Monterey County Sherriff's Office said that a man was arrested today and believed to have molested a child under the age of 14. ....

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Monterey County miscue costs taxpayer money

Monterey County miscue costs taxpayer money
montereyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from montereyherald.com Daily Mail and Mail on Sunday newspapers.

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California jail sued for 6th time for wrongful death since 2021

A lawsuit was filed Thursday over the death of a King City man who died by suicide in the Monterey County Jail. ....

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