a massive man hunt, 250 law enforcement officers, a dozen agencies, and zero leads. zero leads! there s a desperate search underway for the man accused of kim five of his neighbors in texas, including a 9-year-old child. bank takeover. j.p. morgan is snapping up first republic after the second largest bank failure in u.s. history. how safe is the banking system? could any of this push us closer to a recession? donald trump asks for a mistrial, the judge says no. the former president accusing of judge of making unfair and prejudicial rulings in the ongoing case brought by e. jean carroll. we are following these major developing stores and many more, all coming in right here to cnn news central . we begin this afternoon for a man dehunt. this man is still on the run, and officials say they have zero leads. francisco orposeca is accused of a bloody scene of a neighbor s home. they say he gunned down five members of the same family, including this mother and her 9-year-ol
even as the threat of a north korea missile test looms during this visit. all this is a balancing act as russia s war in ukraine hangs over the white house. today in another public show of support, the president met with leaders of finland and sweden as they pushed to join nato, a historic step as more countries unite against russia and condemn its invasion. the big question here is can turkey get on board? we are following all the headlines out of ukraine and the state of play there. first, let s start at the white house and we are joined now. arlette, tell us more about the president s message and his mind set as he s embarking on this. he s flying to asia for his first trip to the region as president. officials said he had hoped to get there earlier in his presidency, but was constrained due to covid-19 and other crises such as the war in ukraine. but the president will be traveling to both south korea and japan to meet with the leaders of each of the countries as well a
reporting there that the deposits are secure for the everyday people out there who may be looking at this and worrying. when you hear jamie dimon there saying extraordinarily sound, very, very sound, i do think that a lot of people still worry there could be some trickledown effect to them. should they be worried? first of all, people shouldn t be worried. 98% of americans have less than $250,000 in the bank. all of that money is 100% insured. number two, i agree with jamie, that moth of the bank, the vast, vast majority are in good shape. we have over 9,000 banks and credit unions in america. on any given year, a couple of them will fail, sometimes bigger. first republic and svb are not your normal bank. they cater to big tech companies and really rich people. most banks, rock solid, the
oil right here into the new york harbor. of course, oil makes diesel, but ever since the war in ukraine, president biden said we would no longer be bringing russian energy sources into the united states. that s pushing prices higher. and new york harbor is critical to the mid atlantic region. there s newark airport across the river. rail lines, roadways, and so when you don t have as much diesel coming in, you don t have as much going out, and the trickledown effect is that ends up with the consumers bottom line being affected. it s not what we want to hear, but now we know at least why those high prices exist. vanessa, thank you. new race, old tricks. pennsylvania election officials are still counting all the votes in a cliff hanger contest for the republican senate nomination, but former president trump is pushing his pick to just declare victory anyway. the highest level l of safety u can earn? subaru.
a trickledown effect. yeah. it doesn t seem to be there anymore. we had that story what s good for gm is good for america. it s just not true. in the 70s growth to the american in the middle no longer relates to growth for the aggregate. gdp numbers do not translate. so that s why workers are frustrated. that s why people say i don t like these free trade deals. i m glad they re good for you and corporate profitability and gdp growth. your book aez it was the financial system imploded it was the markets themselves that needed governing by state action on a gigantic stale. and that meant who governed and where they obtained their political support was not incidental. this is killing the idea that markets can run themselves. in extraordinary interview with former fed chair greenspan where they asked him how are you going to vote in the 2008 election. he said it doesn t matter because fortunately the world is