authorities sounded the alarm on november 24. it was already in europe as early as november 19th, and it s now been found in at least 20 countries. that much we do know. as for what we don t know, namely whether vaccines will still protect us from this variant, there are head-snapping predictions from the ceos behind the pfizer and moderna vaccines. the head of biontech, a partner in the pfizer vaccine, tells reuters that current vaccines will still likely protect us from severe cases, even though there may be some diminished protection against mild or moderate cases. meantime, the head of moderna says that existing vaccines will be much less effective at battling omicron than earlier strains of covid, telling the financial times, quote, i think it s going to be a material drop. i just don t know how much because we need to wait for the data. but all the scientists i talked to said, this is not going to be good. dr. anthony fauci, meantime, seemed to lean toward the optimis
you, from nbc news here in miami, welcome everyone to alex reid reports. we begin with breaking news, this just in an update from capitol hill, where negotiators from the white house and house republicans are working through the holiday weekend, inching closer to an agreement to raise the debt ceiling. it comes as after a news of some new breathing room, as the treasury secretary now says the deadline for default is june 5th. moments ago, house speaker kevin mccarthy, giving an update. but. i feel closer to an agreement now than i did before, because i see progress. so this is not easy initiating for me. that does not matter. at one pmi, i will talk with democratic congressman jasmine crockett about the negotiations, as well as renewed calls for police reform after an 11 year old boy is shot by an officer. more breaking news for you, in two hours, the texas house begins debating whether to impeach the states republican attorney general, ken paxton after a republican-led i
on capitol hill, democrats unveil a new bill they say will prevent another bank collapse. we will speaker with senator bob menendez who helped introduce the legislation. battle over abortion rights in texas how one jeryl judge to block a medication used in abortions nationwide. the latest fallout after a russian fighter jet and u.s. drone collide in mid air now russia says it s intenting to recover the fragments of that drone. we begin this very busy hour with the latest on wall street where the dow jones continues to drop after shares of another major bank tumbled more than 20%. dow jones is down 552 points and 1.7% dropping this morning a swiss bank with large operations in the u.s. and around the globe is the center of the latest crisis in the banking sector that is affecting wall street. joining us now with more is cnbc sema mody. what is going on with the markets this morning and why can you hear me? let s try to reestablish communication with her on this we will k
heat. he tells me i should have stayed in school. reporter: as the big dog on this site he worries about his guys. make sure everybody has enough water to drink, stay cool, give them breaks when they need it. reporter: in the last month and a half we felt 39 degree days and now mid 90s. already feels like the dog days of summer not the kind of day most of us want to be in a boat we have to row. a bike a good option to get exercise. and a breeze on this hot day. some choose to be in the heat maybe doing putt-putt at franklin square park. some of us you can t get away from it. reporter: like mike here a worker s got to work. you try to hang in there. from the cold you can dress warm. it gets too hot, you take it off. this there s no stopping this. you can t control it. reporter: lots of schools in our viewing area very hot today. many of them probably don t have air conditioning in their last week of school for many. interesting, too, we see double-decker to
san francisco 50 greekz and the reason for that is because right now we are seeing a weaker disturbance that is bringing moderate to light rainfall. san francisco has already managed to see some rain but right behind that forming just off the pacific we can see that atmospheric river that is expected to bring heavy downpours, windy conditions which is going to be a major threat in terms of flooding which is why later tonight we will be expected to be under a microclimate alert and this is looking ahead tonight into sunday. we are expecting an inch to 3 inches of rainfall and of course those strong gusty winds as well but i will have a closer look at that timeline and what you can expect for tonight s microclimate weather alert at about 7 kwln 16. people who live in the north bay are bracing for this next round of storms. crews cutback trees that fell on utility lines and businesses are keeping their sand bags and flood barriers ready to go. they re stocking up with items to