i m rosemary church. just ahead, winter storms bearing down on both coasts in the u.s. one system could leave a foot or more of snow in parts of the northeast. another atmospheric river is said to dump rain on already flooded parts of california. plus, after the biggest u.s. bank failure since 2008, regional banks fear a broader financial crisis as their stocks tumble. former u.s. president donald trump in iowa taking swings at republican rivals, just days away from a potential indictment. good to have you with us. we begin here in the united states, where confidence in regional banks remains shaky, despite ashusurances from president joe biden that they are safe. a dozen of regional banks plunged to record lows following the collapse of silicon valley bank and signature bank. mr. biden promised to do whatever is needed to protect the u.s. banking system. and he promised to hold those responsible for the collapse f fully accountable. the management of the banks will b
hello and a warm welcome to our viewers in the united states and all and the world. just ahead the administration s top finance officials triggered a dramatic show of dual pronged government force. every american should feel confident that their deposits will be there if and when they need them. and heavy snowfall is coming down and that will continue tuesday. it is just the historic decision of whether to charge a former president is expected soon. he speaks in a code and i understand the code because i ve been around him for a decade. live from london, this is cnn newsroom with max foster and bianca nobilo. it is tuesday, march 14, 8:00 a.m. here in london, 4:00 a.m. on the u.s. east coast. and 1:00 a.m. in california where at least 50 million americans are bracing for two separate storm systems. much of new england and parts of new york will be hit by a major nor easter. and in monterey county, a levee breech has added to the flooding there and so5,
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 losses le
Statement visit. There you see the live images from the white house where in just moments the president will greet the Prime Minister of australia. Also in washington, fourth times the charm. The house could vote as early as noon today on their latest speaker designee. Who is mike johnson and can he succeed where three others failed . Thanks so much for joining us. Its 10 00 eastern, im Ana Cabrera Reporting from new york, and we begin with the breaking news at the white house where we are about to see President Biden welcome the Prime Minister of australia, and this is an official state visit with a world leader, and hence, all of this pomp and circumstance, its happening as the tensions build in the middle east right now. You see these live pictures from gaza where we see Smoke Billowing once again from air strikes. The calls growing for a cease fire now in this war between israel and hamas. But lets start with nbc news senior White House Correspondent Gabe Gutierrez whos standing by
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