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
welcome to msnbc specia coverage of the indictment o former president, donald trump i m jonathan capehart live fro msnbc headquarters in new york and i am katie phang. and we begin today with a history that will unfold befor our eyes, and just under 7 hours. former president donald trum is set to turn himself in at 2:15 pm eastern time thi tuesday. we are learning much more about exactly how that dramati moment will take place the former president wil arrive in new york city monday evening, and on tuesday, the will be driven from trump towe to the courthouse around 1 p eastern time as of now, there are no plans to handcuff him, and n plans to place him in a holdin cell but there will b fingerprinted. trump will then leave new york that same night, and head back to florida. so, katie, this i incredible what we are about to see and we have never seen anythin like this in all of ou history. a former president of th united states indicted by an manhattan grand ju
and lots of questions to answer, so let s get started is donald trump finally abou to face accountability for his crimes we have the latest on th possible indictment of forme president trump for allege hush money payment to an adult film star. they lied, again and again and again. more details on what was going on inside fox news as they peddle conspiracy theories about the 2020 election. my question is, how much wil those lies cost them and later, tennessee man and drag shows on public property? what one of the votes famous drag performers has to say about it, and how we can pus back against anti-trans hate all of that and more, coming up and the good saturday morning to you, i m kati phang. we begin today s show with a mixed bag when it comes to the economy, with the doubters focusing yesterday more than 300 points in the red, but a better than expected job report, surprising a lot o people 311,000 jobs added much more than the 225,000 economists were expecting. the unemp
little amo aged 8 is inside, possibly alive. by the time they get her to the ambulance, though, it s clear they were too late. her mother, outside, only able to watch her everything vanish. my little one, she says. don t take her. don t let her get lost. antakya s streets a chilling patchwork of what s left standing and what s not left. in its ruins anxious crowds of rescuers and locals thinking they heard someone alive. demanding silence so they can listen again. down here is ahmed, the he rescuers say, alert, responsive, a syrian refugee. the building next to him barely hanging on at an angle. their work desperately wishing it were quicker. across the city hell has landed. this man guarding his neighbor s books with his father-in-law next to the body of his mother-in-law. he gestures behind him to where he once lived. it s kind of hard to get your head around just how inhabitable a city of this size has become so fast. literally every street you walk down has a scene li