to determine who leaked the draft of the opinion and the ending 50 years of precedent. we ll break down where the fight on abortion rights is heading now. the treasury department now say it is has taken extraordinary measures to avoid default after the u.s. hit its debt limit. jared bernstine will join us with what happens now. and today the president will meet with mayors from across the country at the white house. i spoke with four of them about the top account issues facing their communities, including the migrant humanitarian crisis. we have an i want krblly complex and broken immigration system. and we need to demand from congress that they act and they act now. we begin this hour with president biden making his first public comments since the doj appointed a special counsel to investigate classified documents found at his delaware home and former office. the president spoke to reporters while touring storm ravaged california. we re fully cooperating and lookin
the game and his collapse. we ll look at all the tributes. more than half a million people across california are without power as high winds and rain hammered california. we ll look at the forecast and how emergency officials rew preparing. plus, are you taking part in dry january? why you could be doing more good than you think. that s all ahead on cnn this morning. hi, everyone, it s sunday, january 8th, a new week. thanks so much for waking up with us. alex, so good to be working with you. dry january, do you subscribe to that? i do half dry january. not all in. i do feel the effects. better sleep, healthier, all that kind of thing. we re going to talk with an expert. up first, president biden heads for the border as we ve been saying while the 118th congress prepares to get down to business. the president stops in el paso, texas, that s today, on his way to a summit in mexico city. this will be his first visit to the border during his presidency. now
we have several developing stories as we come on the air, the new microscope for the white house, a magic number in the santos saga, and the dow up, inflation down. let s talk about what is happening right now at the white house. you see it on the left-hand side of your screen. we re expecting to hear from the press secretary, taking the podium any minute, after that news out of the department of justice, yet another special counsel now getting to work, this time on an investigation into president biden and his handling of classified documents, as he is leaving the vice presidency, the white house and the legal team are here standing by live, along with a member of congressional leadership from the hill. also this hour, the art of the dodge. congressman george santos, hitting the air waves today and what he is saying about the rolling calls to resign and why the number 142 is trending on this one today. plus, stocks looking pretty good as we get closer to the losing bell,
earnings report as a big public company. and it did do about what people thought. revenue was up 32% from a year ago. that may sound good but the problem is facebook s shares are taking a big hit. you remember, this is a company that was second biggest stock market launch ever. today facebook shares closed at 26 a share. you see that black diamond-looking ski slope. it s falling even after the market closed tonight. down about 30% from where it went public. this obviously has hurt a lot of people who struggled to try to get shares of this ipo. why are people so nervous? there s one word and it s money. during tonight s conference call with investors, mark zuckerberg, the ceo of facebook, made it clear that making money from advertising is a top priority. we know that social ads perform much better than nonsocial ads so our job over the next few years is to increase the percentage of ads that are social and engaging. social and engaging ads. well, you know, advertising a w
outfront tonight, facebook not making many friends this evening because just a few hours ago, facebook came out with its first earnings report as a big public company. and it did do about what people thought. revenue was up 32% from a year ago. that may sound good but the problem is facebook s shares are taking a big hit. you remember, this is a company that was second biggest stock market launch ever. today facebook shares closed at 26 a share. you see that black diamond-looking ski slope. it s falling even after the market closed tonight. down about 30% from where it went public. this obviously has hurt a lot of people who struggled to try to get shares of this ipo. why are people so nervous? there s one word and it s money. during tonight s conference call with investors, mark zuckerberg, the ceo of facebook, made it clear that making money from advertising is a top priority. we know that social ads perform much better than nonsocial ads so our job over the next few ye