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tv   CNN Newsroom With Ana Cabrera  CNN  May 5, 2022 10:00am-11:01am PDT

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texas officials say nearly a quarter of the state is now in the most severe category of drought sparking fears the heat wave may strain the power grid. california's largest reservoirs critically low. you can also listen to our podcast. thanks for your time. we'll see you tomorrow. ana cabrera picks up our coverage right now. hello. thank you for being here. i'm ana cabrera in new york. we begin with a possible last stands in the ruins of a steel plant in the bombed out city of mariupol. an adviser to the mariupol mayor says russia's nonstop shelling today and the forces crashing through the perimeter have reduced conditions inside this complex to, quote, hell. he says if there is hell in the
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world, it is in azovstol. one ukrainian commander says russia has broken the pledge to let them evacuate after 71 days, ukrainians are vowing to fight to the finish. ♪ >> let me take to a city north of mariupol. for the first time in a month, russian missile strikes pounded kramatorsk heavily damaging a residential area including a school and kindergarten. ukraine says russia has not made any significant advances in the east. >> this is in northeast ukraine. this zoo was shelled today as staff and volunteers raced to evacuate the animals to safety.
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the heart broken owner of this eco park says a 15-year-old boy was the latest victim. the teen is now is sixth member of the eco park's team to die. cnn's scott mclean is in we're ukraine. what's the latest you're hearing out of mariupol? >> hey, ana, a glimmer of good news, perhaps. and that is that the u.n. special envoy for ukraine has said that there is a humanitarian convoy in the way to mariupol, specifically to get people from the steel plant, a place that he called a bleak hell. brand new video shot yesterday morning shows the early morning shelling and bleak hell is an understatement. this convoy was organized with the help of the red cross and the u.n. working in convention with ukrainians and the russians. this is how it worked on sunday when they were successfully able to get more than 100 people, mostly women and children, out from under that steel plant, but
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there are still many more civilians trapped, including the ukrainians say, 30 children. now, nothing happens quickly in this country. nothing happens quickly in mariupol, especially, and you'll recall that when that evacuation took place on sunday, it was actually on friday that president zelenskyy announced plans for that operation. nothing came of it on saturday, and then only sunday did we get word. there was radio silence inbetween there, but even once the people managed to get out, it took them two days to get the zaporizhzhia, not arriving until tuesday. so in this case, no news seems to be good news. the russians, they extended an olive branch yesterday saying they would offer civilians the chance to get out today, tomorrow, or on saturday. in any direction they chose. but a deputy commander of the azof regimen, there's virtually no chance that anyone is going
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to get out of the steel plant today, we're told. the deputy commander made a special appeal, given the heavy fighting that they're seeing there. made a special appeal to the international community to help broker some kind of an arrangement, and especially made an appeal to president zelenskyy to try to negotiate some kind of exit for the wounded soldiers there that he says are dying in agony. the one thing the russians and ukrainians cannot agree on right now is whether or not the russians are storming the plant. the ukraine yas say this is the third day in a row russians have tried to breach the perimeter of the steal plant. the russians say that is simply not true. >> scott, thank you for the latest reporting. and we have a lot to unpack this hour. i'm going to bring in john spencer, an expert in urban warfare and author of "connected soldier". major, how are not just the
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civilians but the ukrainian soldiers going to get out of that steel plant alive? how is this going to end? >> it's going to be hard to get them out, to be brutally honest. they already inspired a generation of ukrainians. i think that will come, but make no mistake, i've studied underground war far were decades. the russians don't have the capability to enter the tunnels. this isn't ending soon. it is a humanitarian crisis, but it's also a big thorn in putin's side. he wants this to end quickly to have something to celebrate. i honestly don't think it will. >> at last check our reporting as of late yesterday was that russians had some 2000 soldiers there in mariupol, specifically, and obviously the folks in the fighting right now is at the steel plant. why don't they have the capabilities, the russians, to enter the tunnels where those who are still fighting hard are
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holding out? >> right. this isn't just a normal tunnel. this is a deep tunnel complex. you have to have special equipment as in to be able to see, talk, navigate underground. even to fire your weapon will blow your eardrums if you fire your weapon underground. we have to have what we call dual ear protection. they don't have the training, the equipment, or the will to enter that. urban warfare is hell, but underground is literally symbolic to fighting in hell. they would lose thousands of soldiers. they used to have 15,000. they don't have it. >> ukrainian officials say recent russian attacks have had no success in the luhansk and donetsk regions. these are areas where russia had more resources and man power to begin with. so how do you think the ukrainians have been able to hold them back? >> well, since the beginning the
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ukrainians have shown the will to fight is as important as your numbers on paper. the ukrainians in this area in donbas have been there for over eight years. those are well-prepared defenses and some of the best ukrainian units in the ukrainian army. they also have this thing called intelligence which is a game changer in any war in centuries. knowing what the russians want to do either in the east or trying to come down and encircle the units from above, which, that battle, that battle we're seeing in kharkiv will become second only to the successful defeat of russians in taking kyiv. >> i want to ask you a followup on the intel. we're reporting the u.s. is sharing intelligence with ukrainian forces, and that involves russia force movements and locations as well as intercepted communications about their military plans. and we're learning they're sharing that information within 30 minutes to an hour of the u.s. receiving that intel. is it noticeable to you in terms
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of how ukraine is operating on the battlefield? >> absolutely. it's been noticeable since we publicly acknowledged the u.s. was providing intelligence to them. russia lost the element of surprise. it's critical in any war, in any battle. they can't move without somebody knowing. whether that's ukrainian intelligence or the support we're giving them. that's the key to their attempted movements is to try to surprise with massive formations, with officers which create their weaknesses of needing officers on the battle field. it makes them vulnerable. that realtime intelligence from a wide variety of sources is the lynch pin to the ukrainian success, along with this new weaponry. >> major john spencer, i always appreciate hearing your thoughts, given your expertise and insights. thank you for joining us. >> it is just horrific what is happening in mariupol. you've seen the devastating images. we are learning at least some
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people are managing to get out. but it is a painstaking and extremely dangerous effort. let's bring in somebody swho ha been involved. with the united nations officer for the coordination of humanitarian affairs. i know evacuation efforts are underway right now and you can't talk about it due to the sensitive nature of it. but you were part of an effort that successfully brought hundreds to safety. what did it take to get them out of places like mariupol to safety? >> thank you for having me. i think we explained it well. it's a horrific situation. bringing these people to safety is also very difficult, and dangerous as you just said. we are operating a war zone. we are operating in a zone with active conflict. during this kind of process, crossing land mines, crossing areas that are experiencing hostilities and shelling is not
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something that is easy and safe. we know how to do that, of course, but we have to have agreement from both parts of the conflict to do so. it was complicated and difficult operation. but we succeed as you mention. we brought tons of civilians to safety in zaporizhzhia. almost 500 people are here in the evacuation process we organized. >> a couple things have stood out to me since we've been waitwait for any news after the first evacuation, and it took days for us to learn it was successful. people got to zaporizhzhia. the things that stand out to me is why did it take so long, days? and why so relatively few people given we know there are still thousands of people potentially who are trying to evacuate? >> i think there are three reasons that i could tell you why is it difficult and why it took so many days. first, i think i mentioned already, we're operating a war zone. each of the movements had to be
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analyzed. they had to be analyzed in the details. the details to make sure it's safe for us and for people that are trying to help. it ahas to be agreed to with both parts of the conflict. the second part that made it difficult and take more days than we would expect maybe is that we had some secret incidents. we had to cross a path -- our path close to the plant. we had to wait for the mining so that we could safely pass and take people out of there. and we had a specific incident with a bomb explosion close to us. it didn't put our safety at risk, but it's something that we have to stop. we have to see if we can proceed. the third reason that i would say why it took too long. people are afraid. and it's genuinely afraid.
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we're talking about people that have been under the plant. the steel plant there is huge. it's giant. and they have been living in the bunkers for two months. they don't know what -- they haven't seen the sunlight for two months. and they don't know, and it's genuine to have this fear where they are going to be taking to. so it is also part of the challenge that we have, because, they have to be reassured to the safety to make sure they can take the decision of leaving. >> i can only imagine that fear for those people and not knowing exactly who to trust and whether the people who are rescuing them, trusted. given the images from this steel plant, how did you get people out? i imagine there was a lot of debris that they had to get out of. >> and this also makes the pro process slower, because many of the people we managed to bring to safety in zaporizhzhia, they are elderly. and imagine, with the difficulty
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of mobility, having to climb the debris and get out of the plant, it wasn't something easy. so we had very small groups coming out. six people, seven people until we completed the first operation that was 101 people that left the area. so yes, it's not something easy for them, and something that have to improvise and make sure they could welcome. >> you previously said it was difficult because in some cases you had to separate families. can you talk about that? >>. >> this is the nature of this war here. we have a problem with family separations not only in the e volcanouation process, but in the whole war itself. people are leaving homes. they have to flee. they have to try to fight s safety, and it's not clear that they can't flee with the whole
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family. 25% of the country now, 25 % of the people of ukraine, they fled their homes in the last couple of months. so they had to leave 7.7 million, if i'm not wrong, are now displaced here in ukraine. and we are reaching now almost 6 million people that had to flee across the borders. so it's stories of family separation. i saw one yesterday with my own eyes, and it's not something that we really want to see. yesterday when we were wearing -- it wasn't -- it's very close to where i am. it's 60 kilometers. not that far. we are passings with the evacuation yesterday, and there was a grandmother with two grown children that were leaving. so we stopped at this point. the two grandchildren went to the mother, and to the buses. that it wanted to come here and they came with us. the grandmother and grandfather stayed. i asked them why. why you want to stay?
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with the conflict zone and hostilities here? there is shelling and a situation that is not safe. she say, it's my home. it's where i lived my whole life. it's my place. and it's sad. i always imagine my own grandmother having to say good-bye, and you don't really know if you're going to see your grandchildren again. it's only 60 kilometers, but the kilometers you have to cross a conflict zone. >> you are incredible in terms of the efforts you're making and thank you very much for shining light on what's happening on the ground. these evacuations, and the brave and courageous and strong and warm people of ukraine as they are making this journey through the war zone. thank you very much. >> thank, ana. wall street and main street are both getting crushed right now. the dow falling.
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gas prices rising. mortgage rates hitting levels we haven't seen since 2009. is there relief in sight? plus amber heard is on the stand right now. detailing stunning allegations of abuse at the hands of her ex-husband, she says. johnny depp. hear it for yourself ahead. and newly released audio of kevin mccarthy revealing he discussed removing donald trump from office. you'rere in the cnn news room. i'm m looking for someone who appreciates high rois and even higher rpms. must like hard work, punctuality, and a good firm handshake. if you're someone who likes earning rewards as much as earnings reports, i would be honored to be your perfect somewhere. ♪ ♪ mission control, we are go for launch. um, she's eating the rocket. ♪
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let's give you a live look at the markets. you can see the dow falling about 1,000 points one day after the fed raised rates by half a percentage point. and the pain goes beyond wall street. gas price and mortgage rates are on the rise. matt, let's start with the markets. they rallied.
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now they're falling fast. why? >> the violent swings in the stock market are not normal. up big yesterday. down even bigger today. but we're not in normal times. inflation is very high. and the federal reserve is mounting a historic fight to try to get inflation back down toward healthier levels. that's creating a lot of uncertainty. there's two big worries. one, rock bottom interest rates that were launched by the fed two years ago. that was great for stocks. it sent stocks soaring. now some of the air is coming out. we're seeing it clearly in the tech world. apple, amazon, facebook owner meta, they've all fallen sharply. the other big worry is will the fed be able to thread the needle? can they slow down the economy enough but not do so much it ends up short circuiting the recovery? no one knows the answer. not even the fed. >> it's been a little bit of
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whiplash on the gas prices which are ticking up despite the unprecedented efforts to increase oil supply with the release from the reserve. is it safe to say that what's been done isn't enough? >> well, it's safe to say that right now the energy market is facing a huge risk in terms of what happens to russia's energy supplies, europe is considering the sanctions, and so the national average hitting 425 a gallon. up two cents overnight. only eight cents away from the record high that we saw in march. it's come up pretty sharply over the last few weeks and we've seen diesel prices go, and they've hit a new all-time high. they're up $0.35 in the past week. that's a big deal, because diesel is what powers all the trucks that haul the stuff we buy. that's something the fed has no control over when it comes to emergency prices. >> talk to us about mortgage rates. >> mortgage rates, that is where we are seeing the most obvious impact from the fed's interest rate hikes. we've seen the 30 -year fixed
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rate climb above 5.2%. highest level since 2009. just six or seven months ago this was below 3%. and this is the fastest spike we've seen in mortgage rates in about four decades. ana, this means it's going to become that much harder for people to afford homes and home prices as we know have skyrocketed. >> matt eagan, thank you. unsurprisingly, considering what we've just discussed, new cnn polling shows feelings about the economy are the worst they've been in a decade. harry enden joins us now. according to the latest poll, most americans are not happy about the economic state of things. . >> look. on the -- i was going to use the word awful. essentially if you ask americans how how they view the economy, 77% say bad.
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bad. bad. just 23% say good. you've got to go all the way back to 2012 to see numbers that bad. and it's not much of a surprise if you ask folks what's the most important problem facing the country right now? what is the top issue? the economy. number one at 55%. and i looked across our poll. across 20 different demographic groups. political groups. the economy was the most important issue across all of them. >> so who do most americans blame? >> i mean, look, they blame the democrats. they blame biden, but they really blame inflation. that's what's cooking here. matt was talking about that. inflation is the u.s. government doing enough? look at that. 81% say too little on inflation. only 4 % say too much. 15% say the right amount. 81% too little. i truthfully look at polling data all day. you never see that many americans agreeing on something. 81% too little. >> do people feel president
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biden is doing enough to combat that? >> no. no, they do not. and this to me is the most worry somesign if you're a democrat. has president biden's policies affected how has it affected u.s. economic conditions. 55% say he's worsened. worsened the conditions. that's up from where we were earl -- at the end of last year. an awful number. not only do they think the economy is bad. they think biden is contributing to the number. bad numbers. >> thank you for the pulse of the people, we could say. i appreciate you. >> my pleasure. kicked in the back, hit in the face. amber heard is on the stand detailing disturbing allegations of abuse from her ex-husband, johnny depp. that's next. i saved 25%. booyah. and now you're relaxing! we're working from homeme. save up to 25% when you bundle hohome and auto with allstate. new poligrip power hold and seal.
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amber heard is on the stand today with more testimony against johnny depp. she describes an argument they had after attending an event together. listen. >> we get back to the hotel room, and johnny shoves me. and kind of grabs me by the collarbone area. not really my neck, but top of
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my neck. top -- above my collarbone, below my neck. i think at that point when we were still in the living room, i shoved him back, but i can't -- i don't really recall too many specifics. i remember he threw a bottle at me. it missed me but broke the chandelier. at some point, i remember maybe this was the shove that i was talking about, but at some point johnny and i are in a struggle in the living room, and he kind of shoves me down on the sofa, and i get up, and i'm trying to get him off of me, and it's just -- stronger than me. i don't know how else to describe it. at some point he just whacks me in the face. >> heard went onto say he thought he nose was broken after the fight. depp is suing her for $50 million in damages over the
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accusations of abuse she raised in 20 18 in an op ed. depp argues the accusations are false, and ultimately ruined his career. with us is a criminal defense attorney. first, just a reaction to heard's testimony? >> i think what we're hearing, this is a he said, she said case. of course, there's tears, emotions, things that are missing on paper in her initial allegations and even in the op ed she wrote, but we can't forget the testimony that we heard over the last three weeks about how depp was the victim of domestic violence in this relationship. so she's describing different kinds of abuse, emotional abuse, coercion, jealousy, and physical abuse, but we can't take this out of context. of course she hasn't been cross examined. that's where usually testimony falls apart. >> but jurors are listening to her describe very disturbing and violent physical and sexual abuse.
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and she notably is looking right at the jurors as she speaks. i want you to listen to another clip from her testimony today describing a moment she says depp kicked her after a fight on a plane. >> my back is turned to him, and i feel this boot in my back. he just kicked me. in the back. i fell to the floor. i caught myself on the floor, and i just felt like i was looking at the floor of the plane for what felt like a long time. i thought to myself, i don't know what to do. i can't believe he just -- did he just kick me? no one said anything. no one did anything. it was like you could -- you could hear a win drop on that plane. you could feel the tension, but no one did anything. and i just remember feeling so
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embarrassed. >> we showed the cut away to johnny depp also there, and as you pointed out, jurors already heard his side of the story to some of the accusations. do you feel amber heard's testimony has helped or hurt her defense? >> well, i don't think -- i think it will start to hurt possibly on cross-examination. i'm not sure if it's really helped, because ana, depp set a high bar in terms of likability and relatability that i'm not sure she can meet let alone beat. you have the substance of her testimony, also testifying about different forms of abuse. you also look at the form. there's something a little unauthentic, a little rehearsed about her testimony, and i'm not sure that the jury is going to relate to her the way they related to depp. and also, again, we can't throw out all the evidence that we heard between witnesses,
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recordings. admissions by her that she was striking depp. >> so at this point, and i know it's not over, but how do you think this might end? >> well, you know, there's two proceedings here. there's the court of public opinion and the court of law where this trial is proceeding. and i think what depp has done is he's brought his truth into this court of law. he's using the court of law to prove his truth in the court of public opinion. in terms of popularity, he's winning. in terms of legalities, he has damages he hasn't been able to prove. he has malice, the intent element. it's difficult to prove. and so he very well might lose this case, but i think what we need to keep in mind is that this is a very atypical situation. typically a man gets accused of a me too type of conduct. he loses his life. life is cancelled. we never hear from him again. here you have a guy who believes in his truth and believes in
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challenging these allegations that he has come forward in offense, not defense, not once, but twice in lawsuits in the uk and now in virginia. and that really sort of speaks volumes, and also it begs the question, will other men come forward when they feel wrongly ac accused? >> sara, thank you very much for giving us your perspective and your expertise. >> good to see you. >> good to see you, too. there's new trouble for madison haw thorn. why he's calling a tape blackmail.
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get started at lordy, there are more tapes. newly released video reveals kevin mccarthy talked about removing donald trump from office. listen. >> i think the options that have been cited by the democrats so far are the 25th amendment, which is not exactly an elegant solution here. >> that takes too long, too. it goes back to the house. right? >> yeah. and -- >> correct. if the president were to submit
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a letter overruling the cabinet and the vice president, two-thirds vote in the house and senate to overrule the president. it's kind of -- impeachment has been discussed. i think they want him to resign, which i don't see happening either. >> mccarthy also says in the phone call that he wanted to reach out to then president-elect joe biden and create a smooth transition into the white house. we are joined now. melanie, how many more tapes would be out there? >> reporter: if you're kevin mccarthy, you're hoping there are zero more tapes. the new york times reported on a number of private conversations that he had about donald trump in the days after january 6th. and what is striking to me, ana, is just how serious the conversations were in the upper levels of gop leadership about removing trump from office. whether that was asking him to resign, invoking the 25th amendment, or impeachment. kevin mccarthy did rule out
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impeachment. it's not because he didn't think trump would deserved it. with the 25th amendment, he thought it would take too long, and impeachment he thought was too deviivisive for the country. so far he has weathered the storm here, and a big reason for that is because donald trump has remained firmly in his corner. they met just this week and have a good relationship. and another reason is that a lot of republicans privately felt exactly like kevin mccarthy after january 6th. they're not keen to hold this against him. >> we know you will keep us posted. thank you so much, melanie. to another lawmaker on tape that we won't be playing for you. republican congressman madison cawthorn is addressing a video that appears to show him naked in bed with a so-called friend. the video was released by an opposition group as he fights for reelection in north
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carolina. and it is just the latest in a string of cawthorn controversies. cnn's jessica dean is following for this us. jessica, cawthorn isn't denying it's him in the video. so what is he saying? >> reporter: that's exactly right. that's the takeaway. he's not saying this susisn't saying this isn't him. he's saying this is an attack on him. let's show you what he posted to twitter. he said a new hit against me dropped. years ago in this video i was being crass with a friend trying to be funny. we were acting foolish and joking. i'm not backing down. i told you there would be a drip drip campaign. blackmail won't win. we will. this is the latest in a series of incidents that have cropped up for congressman cawthorn as he stares a may primary in the face. senator thom tillis, a republican from north carolina has endorsed his opponent.
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here's what he said to my colleague. >> reporter: what do you think of madison cawthorn's video that came out last night? >> absurd to embarrassing. i mean, got to -- >> what if he wins this primary? what are that mean to the district? >> disappointed for his constituents, and that's why i'm working to avoid that outcome. >> reporter: so again, we're looking at a may 17th primary here, and this is just the latest in a series of incidents just in the last couple of weeks. cawthorn was cited at the charlotte airport for attempting to carry a loaded gun through the tsa check point. that came just a little over a year after he was cited for trying to carry an unloaded gun and a loaded magazine onto a plane at the ash vifl, north carolina airport. he was also due in court on charges of driving with a revoked license. there's also some sexual misconduct allegations against him. all the things stacking up.
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and he also made allegations unfounded allegations that he had been invited to orgies where he saw people from capitol hill doing drugs. mccarthy said cawthorn needed to earn his trust back because he didn't believe what was coming out of his mouth. a mess for madison cawthorn as he's trying to fight his way to reelection. >> and is a current sitting member of congress. may 17th is the primary. jessica, thank you. a new twist now in a mystery that has gripped the world for 15 years. a german prosecutor says he is now sure that he knows who killed madeline mccann. that's next. ♪ lemons. lemons. lemons.
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a german prosecutor says there is new evidence in the madeleine mccann case 15 years after she disappeared in portugal while on vacation with her parents. christian brookner was named an official suspect and now the prosecutor says he is sure he killed the 3-year-old british girl. do we know what this new evidence is, and we're talking about a british girl who disappeared in portugal. why a german prosecutor? >> reporter: well, look, ana, this could certainly be one of the most significant leads we've heard in the investigation of madeleine's disappearance. as you mentioned there, 15 years on since she went missing. the reason why this is a concern for the german prosecutors is because one of the key suspects are now identified, as you
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mentioned, christian brookner, is german. he's currently serving jailtime in germany for the rape of a woman in the very same region when madeleine mccann went missing back in may 2007. he has been convicted of previous offenses and according to the german prosecutor who gave an interview to portuguese broadcaster on tuesday, hans christian walters, he said that new evidence has come to light linking bruckner directly to madeleine's case but as you mentioned, what's more important is that he said, in his words, he is sure that christian bruckner is responsible for the murder of madeleine's. that is perhaps the most definitive claim we've heard. the question now of course is what is that all important evidence? the prosecutor was careful not to give details on that. take a listen. >> it is true that if you find
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something belonging to madeleine in the caravan of christian bruckner? >> to the details of the investigations, i cannot give you a command. >> but you can't deny it, can you? >> i don't want to deny it. >> reporter: the fact that he said he doesn't want to deny it is important. the investigation itself is still ongoing, but christian bruckner has previously denied any involvement in madeleine mccann's abduction. he said that on the night madeleine disappeared, he was with his then girlfriend but what's important about the interview that the prosecutor gave to that portuguese broadcaster is that he said he believes bruckner doesn't have an alibi, so that could certainly be a very significant development in the investigation, and a key lead in the investigation, and of course a huge development for madeleine's family. they have issued a statement saying they continue to hope for the best. they continue to hope that madeleine is still alive, but we've heard from the german prosecutor in the past, they said they don't believe madeleine mccann is still alive,
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so this will be difficult news for her parents. >> no kidding. such a huge mystery and at least perhaps a new break and some more answers for her loved ones. nada bashir, thank you. an update to an infamous unsolved case here in the u.s., the murder of 6-year-old jonbenet ramsey. her father is now asking the colorado governor to let an outside agency take over dna testing in this case rather than let boulder police handle it. here is john ramsey this morning here on cnn. >> dna is the answer in our case. i've been told that by experienced detectives. they said, this is a dna case. it will be solved by dna. the police knew they had unidentified male dna, literally within days of jonbenet's murder. and to this day, it's still unidentified. >> the governor says he is reviewing the petition asking him to intervene. and we are hearing from dave chappelle for the first time since a man with a knife
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attacked him on stage at the hollywood bowl. a representative for chappell released this statement. i quote, as unfortunate and unsettling as this incident was, chappelle went on with the show. jamie foxx and chris rock helped calm the cloud with humor before chappelle introduced the last and featured musical guest for the evening, adding chappelle is fully cooperating with the police investigation. the suspect has been identified as 23-year-old isaiah lee. he was armed with a knife fashioned to look like a handgun. so far, a motive is still unknown. that does it for us today. thanks for joining us. let's end the week together tomorrow, same time, same place. until then, i'm on twitter, @anacabrera. the news continues right after this. more sun, more joy. neutrogena® beach defense® the suncare brand used most by dermatologists and their families, neutrogena® for people with skin. bonnie boon i'm calling you out. everybody be cool, alright?
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-- captions by vitac -- ♪ welcome to "cnn newsroom." i'm victor blackwell. alisyn is off. there is a lot going on today. let's start with the dow. u.s. stocks are down sharply right now. investors are reacting to the federal reserve issuing their biggest rate hike in 20 years. now, this is wiping out all of yesterday's gains, and it's not just stocks feeling the impact. gas prices, mortgage rates also rising. cnn business's editor-at-large, richard quest, is with us now. what's going on? >> yesterday was an aberration predicated on some weirdness of what the chairman of the fed said. today, we're bac


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