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i'm shepard smith. this is "the news with shepard smith" on cnbc >>> new questions about the police response to the mass shooting the gunman in the classroom for an hour before officers entered. and the new story about the school resource officer. we are live in uvalde, texas. >>> telling their stories. >> it was very scary >> hear from people inside the school waiting for rescue. the third grader hiding in a bathroom, and the teacher trying to calm frontic children. >>> the tributes grow. >> when he died, i died with him. >> full of love. full of life. >>> want to honor her name. >> parents mourn their little ones and the slain teacher's husband dies two days after her murder. >>> the push for gun control we break down the money being spent. the gun will bey versus those who want more restrictions. >>> donald trump ordered to answer questions under oath about his business practices. >>> amber heard cries on the stand in her case against ex-husband johnny depp and reaction to the good fella's star, rali

i'm jim cramer see you monday the news with shepard smith starts now >>> i am kelly evans in for shepard smith, this is the news on cnbc. as baby formula supplies run llo nationwide -- >> will the white house use a policy usually for war to combat it >> we are working very hard. >>> elon musk pumps the brakes on twitter >> it is a circus from the beginning. >> will the world's richest man go through and buy the company >>> the first russian soldier tries for war crimes in ukraine. >>> chaos in jerusalem as a palestinian journalist is laid to rest. >>> a convicted murderer on the run in texas after a daring escape >>> crash test dummy having problems now, the solution. >>> and now, saying good-bye to the ipod >> announcer: live from cnbc, the facts, the truth, the news with shepard smith good evening, tonight panic families are struggling to find formula to feed their babies super market shelves entreempty across the country parents searching for formula to swab or buy. four companies control 90% of the market their ceo tells reuters, he expects the shortage to last the rest of the year t

i am shepard smith, this is the news on cnbc >>> the dow down more than 1100. the nasdaq with the biggest hit, off 4.75%. >> nowhere to hide kind of day in the market. >> the big change in what people are buying as prices rise. >>> midterm elections delivered winners in both parties. the pennsylvania senate primaries too close to call. >>> the american flag flies again above the u.s. embassy in kyiv as the fight rages in ukraine. a russian soldier pleads guilty to a war crime what he admits he did to ukrainian civilians. >>> taking action in the wake o the massacre if buffalo. >> the gun initiative going into effect in new york and the call for investigation of social media where the accused gunman spreads his hate >>> the fight whether to ban smoking in new jersey covasinos >>> bipartisan bill to address burn pits. >>> jay leno gives us a ride in ford's electric f-150. >>> announcer: live from cnbc, the facts, the truth and the news from shepard smith. good evening inflation fears causing the major indexes to post a sea of red. the reasons begin with what amer

now you know the news of this wednesday, may 11th, 2022, i am shepard smith, follow us on the gram >>> it is 5:00 a.m. on wall street here is your top five at 5:00. pressure on the market with out of control inflation futures are down >>> taking a hit cryptocurrency bitcoin off 2,000. ethereum down 11%. you will not believe some of the money lost in this once hot sector. >>> the magic kingdom losing sparkle. disney warns of the rougher road ahead. >>> rivian trying not to fall further. sale

i'm kayla tausche in for shepard smith. this is "the news" on cnbc >>> why didn't they try something? >> route rage over the botched police response as law enforcement admit they should have breached the door sooner. >> it was the wrong decision. >> why they waited, how the gunman carried out the assault and yet school door was left open. >> the cries for help. the 911 calls made by kids inside begging to be saved. >> she asked 911 to please send the police now >> what the gunman said before opening fire. >>> the shooter's troubling social media messages revealed >> it was discussed that ramos was the school shooter. >> the potential warning signs that went unreported. >> the protests outside of the nra convention in houston as lawmakers stand by the gun group. arc waiting the verdict in the johnny depp-amber heard defamation trial "top gun" eyeing a record at the box office and why your next straw could be made from seaweed. ♪ ♪ >>> live from cnbc, the facts, the truth, "the news" with shepard smith. >>> good evening p

now you know the news of this wednesday, may 11th, 2022, i am shepard smith, follow us on the gram and twitter @thenewscnbc. we hope you be back with us again tomorrow night on cnbc welcome to allstate. where everyone saves when they bundle their home and auto insurance. isn't that right, frank? i saved 25%. booyah. you protected your casa? sure did. and the frank tank? you know it. and now you're relaxing. i'm working from home. sure you are. alright i see a lot of head nods. let's circle back tomorrow. you weren't kidding. save up to 25% when you bundle home and auto with allstate. click or call for a quote today. ♪ i see trees of green ♪ ♪ red roses too ♪ ♪ i see them bloom ♪ ♪ for me and you ♪ ♪ and i think to myself ♪ ♪ what a wonderful world ♪ a rich life is about more than just money. that's why at vanguard, you're more than just an investor, you're an owner so you can build a future for those you love. vanguard. become an owner. vanguard. >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great

i'm shepard smith. this is the news on cnbc the s&p 500 dips 20% intraday. but goes positive at the close >> eighth week in a row, lower for the dow. seventh week in a row lower for the s&p. >> sara eisen breaks down the market swings. >>> elon musk responds to a report that a woman accused him of sexual misconduct wild accusations, he calls them. the details and what's happened to tesla's stock since. >>> president biden travels to asia. >> so much of the future of the world is going to be written here in the indo-pacific. >> the push against china and why two secret service agents got september home. >>> gun violence he is sclescale in chicago the move the city council made today to keep teenagers off the streets at night. >>> what to wear the post-pandemic dress code for the office. >>> re"inventing anna. the fake german heiress starts a side hustle with prison. >>> and how to say happy birthday to the last surviving tuskegee airman. >> live from cnbc the facts, the truth, "the news with shepard smit

i'm shepard smith. thi this is the news on cnbc. >>> president biden speaks to murder victims' families in buffalo. >> hate will not prevail white supremacy will not have the last word. >> his call to action and the latest on the investigation of the massacre at the supermarket. >>> mariupol falls to the russians now hundreds of ukrainian soldiers from the steel plant are in enemy custody mariupol aside, the fighting still goes on in the donbas. >> the new movements in the war. >>> america's baby formula shortage escalates. >> it's kind of upsetting and frustrating. >> we hear from parents struggling to feed their children >>> johnny depp and amber heard's defamation trial resumes after a week off her claim that she was afraid of death. >> this is a man who tried to kill me. of course it's scary he was also my husband. >> the testimony and what's to come. >>> is elon musk looking for a way out of buying twitter. new flight data from the 737 crash in china, was it intentional? and what members of congres

the s&p down five point the nasdaq, up 7. >>> i am shepard smith on cnbc. it is the bottom of the hour. time for the top of the news. >>> the supreme court justices meet in person for the first time since the leaked draft opinion on roe v. wade .4 years scientists thought there was a massive black hole at the center of our galaxy. now they have the pictures to prove it. but first, the january 6th committee, for the first time, subpoenaed members of congress. they want testimony from five gop lawmakers, including the top republican in the house. the minority leader, kevin mccarthy. leader mccarthy is a crucial witness. he spoke to the then president on the phone at the deadly insurrection. allie. >> reporter: you are right, shep. a significant escalation on the part of the january 6th committee. initially they had put forward letters to these lawmakers asking them to voluntary come before the committee and testify. when that didn't work, and they reference this in their subpoenas today, they were left with no choice, they say, but to make it official and put

i'm shepard smith. this is the news on cnbc >>> president biden speaks out on u.s. military defense of taiwan >> are you willing to get involved militarily to defend taiwan if it comes to that >> yes >> china's outrage the white house walk-back, and the new economic plan to counter beijing. >>> early voting under way ahead of primary elections the lopsided battle in georgia to be the republican candidate for governor against the democrat, stacey abrams. for senate, six republicans, including trump-endorsed herschel walker. >>> crisis in the southern baptist church a new report finds accusations of sexually predatory behavior by leaders stonewalling and covering up hundreds of alleged victims. >>> amber heard versus johnny depp takes a new turn in court why her lawyers say they will not put depp back on the stand but supermodel kate moss is set to testify >>> in employees stop a smash-and-grab robbery >>> the search for a woman at the center of a deadly love triangle. >>> and baby formula arrives, but wh

i am shepard smith on cnbc >>> johnny depp, former friends and siblings testified what they witnessed? >>> covid cases rising in parts of the country and today the cdc makes a decision on boosters for kids >>> but, first, digging into hunter biden's laptop. alleged conspiracy, much like hillary clinton's e-mail before. now, nbc news analysis of the computer's hard drive revealed something that does merit scr scrutiny the analysis found millions of dollars flowing to hunter biden and his company. a big chunk of it came from chinese partners, including a businessman now accused of fraud. the feds are invest guying hunter biden's taxes the president's son denied any illegal activity and says he's cooperating with the probe here is nbc's halie jackson. >> reporter: with federal prosecutors pouring over hunter biden's finances, the representative for the president's son tells nbc news his irs bill totaling about $2 million has been paid off two kevin morris, broker a deal for the south park tv show >> does paying that tax bill wash away any liability that hunter biden may have now? >> payi

i'm shepard smith. this is the news on cnbc >> abortion laws in the works from state to state. >> abortion is a human right >> some to protect the right to choose others to restrict or even criminalize abortion what individual states are now planning >> victory day parades in russia president putin with little to celebrate in his war in ukraine. >> he talked about this being a justified military operation it's not >> his forces strike a school in the east, dozens feared dead >> mystery in the bahamas. investigating the deaths of three americans at a sandals beach resort vacation friends speaking out. >> on friday, all of a sudden, they weren't around. >> a predominantly black college forced to shut down for good the challenges of covid and the ransomware attack blamed >> the baby formula shortage across america >> why this painting may fetch the most ever by an american at auction. >> and the feel-good king and queen prom surprise. >> live from cnbc, the facts, the truth, the news with shepard smith. >>

i'm shepard smith. fallout from court leak this is "the news" on ncbc >> the fallout from the supreme court leak on roe v. wade. >> what are the next things that are going to be attacked >> the new polling on what americans want and how big companies are reacting to pressure to take a stand >> it is essential that we bring inflation down >> so borrowing just got more expensive. >> first half a point rate hike we have seen since back in 2000. >> what the increase means if you want to buy a home or car, and what sent stock prices soaring. >> putin wants rubles for his energy >> today, we will propose to ban all russian oil from europe. >> what the move could mean fo putin's relentless war >> amber heard testifies against johnny depp. >> i just stared at him because i didn't know what to do and he slaps me one more time, hard >> the explosive day on the stand, from a reporter in the room >> new surveillance video in the hunt for an escaped inmate and guard in alabama >> the plea deal struck by the then cop

i'm shepard smith, this is the news on cnbc the dow down more than 1100. the nasdaq with the biggest hit, off 4.75%. >> a no-where-to-hide kind of day in the market. >> big change people are buying as prices rise. >>> midterm elections deliver winners in both parties but the race for the battleground pennsylvania is too close to call. >> everything has been tight. >>> the american flag flies in the u.s. embassy in kyiv a russian soldier pleads guilty to a war crime what he admits he did to a ukrainian civilian >>> taking action in the wake of racist action in buffalo. >> too easy for acquiring weapons of war. >>> gun issues going into effect in new york and call for investigation of social media where at accused gunman spread his hate. >>> the fight whether to ban smoking in new jersey casinos. >>> bipartisan bill to address burn pits. >>> and jay leno gives us a ride in ford's electric f-150 >> announcer: live from cnbc, the facts, the truth, the news with shepard smith. >>> good evening, another b blood-bath on wall street wiping out 401(k) gains and inv

i'm kayla tausche in for shepard smith, this is the news on cnbc. >> why did they try something. >> outrage over the botched police response, as law enforcement admit they should have breached the door sooner. >> it was the wrong decision, period >> reporter: tonight, why they waited how the gunman carried out the assault and why the school door was left open. the cries for help the 911 calls made from kids inside, begging to be saved. the shooter's troubling social media media messages revealed. >> it discussed that ramos being a school shooter >> reporter: the potential warning signs that went unrecorded protests outside the nra convention in houston. as lawmakers inside stand by the gun group. >>> awaiting a verdict in the johnny depp/amber heard defamation try >>> "top gun" eyeing a record at the box office and why your next straw could be made from seawseaweed. >> announcer: live from cnbc, the facts, the truth, the news with shepard smith >>> good evening police made the wrong decision they should not have waited an hour to storm a classroom and kill the gunman who slaughtered childre

the facts, the triegt, "the news with shepard smith". >>> good evening inve investors are running for the hills. inflation fears rattling wall streetment all the major markets posting a sea of red today, bieping out the massive rally from yesterday after the federal reserve ruled out rate hikes bigger than half a percentage point at least for now today, the dow had its worst day instant since 2020, plunged by more than a thousand points after dropping by nearly 1 thoiz 400 at one point the session. this dcomes a day after the dow surged 900 points but those gains had all been erased by noon s&p dropped more than 150 points, breaking a three-day win streak but the biggest loser -- the nasdaq -- plunged more than 600 closing out its worst day in almost two years as tech stocks got clobbered. dominic chu now, tom, what happened and why >> so, what happened was a lot of oh volatility caused by a plethora of different things you mention all the geopolitical risks in the world you mention the problems the economy is facing. runaway inflation. employment that may be still good but teetering

i'm shepard smith. this is the news on cnbc >> manhunt for an accused killer who escaped from jail and the guard charged with helping him do it. >> this is why it's an extremely dangerous person >> the surveillance video and the theories, plus the sheriff joins us on the case >> russians continue to pound mariupol from the air. >> evacuation now under way. smoke rises over the now bombed out mariupol steel plant where women and children have been holed up for weeks their stories and the treacherous road ahead >>> tightening covid restrictions in the chinese capital. a covid victim in a body bag, a senior citizen who isn't dead at all. eunice yoon live in beijing. >> primary day coming in ohio. the former never trumper and hillbilly elegy author whom former president trump is endorsing. >> i'm not going to pretend i was a trump guy back then. >> can jd vance win the republican race? >> a former cop charged with murder after he shot a 12-year-old in the back. >> another conviction in a trial of a capitol

i'm shepard smith. this is the news on cnbc >>> the first funerals for the children one week after the massacre in texas. >> i can only imagine the parents, grandparents out there, wanting to go in and the police won let them. >> honoring the victims from robb elementary and searching for hope. >>> plus exploring the legal options for families and congress calls an emergency meeting to once again debate gun control. what they're saying on capitol hill >>> president biden meets with fed chair you powell, laying out his top priority addressing inflation. tonight what we know about his plans to level off rising pricis. >>> the russians take big wins in ukraine, seizing half of a key eastern city. >> this is the what the russian have a lot of what the ukrainians want more of. >> and why for now they're not getting them and the european union takes a major step to ban russian oil. the long covid lockdown easing in china in search of health care lichgt in a medical desert. >>> back to the 80s with tom cruise

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. >>> new hope for parents desperate to feed their kids i am shepard smith, this is the news on cnbc >>> more babies hospitalized as the baby formula shortage w worsens. >> the fda commissioner says families could see relief if days >>> on the ground in ukraine >> this is one of the latest hits in the past 24 hours. alex crawford shows us what the russians have done >>> the amber heard and johnny depp's trial >> deposition from 2019 enters into this trial today. >>> investigating hunter biden's finances >> we are learning more of the president's fund halie jackson on hunter's drive and more >>> sailor deserting the navy in a large number >>> and launched star liner on a rocket space >> announcer: live from cnbc, the facts, the truth, the news with shepard smith good evening, millions of parents desperate to find baby formula. there is finally relief on the way we are told. nbc news learned u.s. planes will start to bring shipments from other countries as early as this weekend if fda says the national shortage should start to ease in a matter of days the white house and congress take

i'm shepard smith. this is the news on cnbc >>> strong jobs report >> we created 428,000 jobs last month. >> unemployment remains low, but stocks sink again. stephanie ruhle with analysis of the road ahead >>> ukraine's zelenskyy accuses russia of torturing his people with starvation. his charge of inhuman treatment in mariupol and a beastly attitude the latest on women and children trapped in the bombing out steel factory. >>> new development in the manhunt for an escaped accused killer and the corrections officer accused of helping him get away >> i think at this point it's obviously a jailhouse romance. >> the getaway car founded abandoned and spray painted. >> we're back to square one as far as the vehicle description >> what that means for the investigation. >>> five children dead, dozens hospitalized with severe hepatitis. the mystery of the cause the cdc investigation and what parents need to know >>> the politician who wins his primary election from jail >>> a rocket launch produces a space jell

i'm shepard smith. see you back here tomorrow nht onnb >>> it is 5:00 a.m. at cnbc headquarters and here is your top "five@5. the fed is preparing to do something for the first time since the great financial crisis roger ferguson is here with what we can expect. >>> shares of ride-hailing giant, what company executives told analysts that didn't really sit too well. >>> on the other hand, talk about a covid comeback shares of airb

shep >> kate rogers, thanks very much >> i'm shepard smith, on cnbc. it's the bottom of the hour. time for the top of the news >> gop congresswoman marjorie taylor greene finds out whether she'll be eligible to run for re-election. >>> a massive explosion at a five-star hotel. now the frantic search for survivors with more than a dozen people listed as missing >> but first, the cdc trying to figure out what's causing a mysterious outbreak of hepatitis cases in young children. the agency reported today it's now investigating more than 100 severe cases in young children that's up from just 11 two weeks ago. at least 90% of those kids hospitalized 14% needed liver transplants, and five children died health officials say they found cases in at least 24 states. the one here that are shown in blue according to the cdc, they have traced cases back to last october. the agency issued a health alert last month, warning doctors to be on the lookout for unusual cases of liver inflammation or hepatitis in young kids. cnbc's meg tirrell covers science and medicine for us and she's on the top st

i'm shepard smith on cnbc. it is the bottom of the hour time for the top of the news ukraine's ambassador to the u.s. makes a final push for more aid before a key vote on capitol hill test your cocaine before your snort it, the weapon to keep fentanyl from killing drug users. but first, is former president trump still the republican king maker? we may find out tonight in west virginia because voters are at the polls there and in nebraska. both solidly red states so the republican primaries likely to decide who wins in november. in west virginia a newly drawn district forced two sitting republican lawmakers to face-off for one season congressman mckinley is known for occasionally crossing the aisle. he was one of just 13 republicans in the house who voted for president biden's infrastructure bill back in november could help him too because it is set to put about $6 billion towards west virginia roads and bridges which consistently rank among the nation's worst but congressman moon has the backing of former presi

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i'm shepard smith. this is "the news" on cnbc >>> shooter, a mass shooter. >> the gunman shot and killed ten innocent people in a grocery store in buffalo on saturday. >> this individual came here with the expressed purpose of taking as many black lives as he possibly could. >> he took away my mother and my best friend. how dare you >> this was an act of domestic terrorism. >> the fbi and a variety level of agencies combing through evidence on the ground and they're also looking online. >> where do we go next where do we go from here how do we fix this >>> then the plan to get more baby formula on store shelves. >>> ukrainian forces say they breached the russian border. and the final hours of the campaigning in a key battleground state ♪ >>> a special edition of "the news" with shepard smith live from buffalo. >> and good evening. it's happened yet again in america. yet again in america communities across our nation are in mourning, devastated families waiting for the bullet-riddled bodies of their sp

i'm kelly evans in for shepard smith. this is the news on cnbc >>> as baby formula supplies run low nationwide - >> we're down to our last few tubs here. >> -- will the white house use a policy usually reserved for war to combat it >> we're working on it very, very hard. there's nothing more urgent. >>> elon musk pumps the brakes on twitter >> it's been a circus show from the beginning. >> will the world's richest man actually go through with buying the company? >>> the first russian soldier tried for war crimes goes on trial in ukraine >>> chaos in jerusalem [ screams as a palestinian journalist is laid to rest >>> a convicted murderer on the run in texas after a daring escape >>> crash test dummies have a problem. >> it completely ignored women >> now the solution. >>> and saying good-bye to the ipod >>> good evening tonight panicked families are struggling to find formula to feed their babies. a devastating shortage has left supermarket shelves empty across the country. parents are turning to milk banks and to social m

dow and s&p with their best days since 2020 >> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news >> inside the bunker, as president zelenskyy leads his nation through war we'll hear from the reporter who spent two weeks beside the leader of ukraine. >> the plea deal accepted today involving the minneapolis police officer who murdered george floyd. >> but first, amber heard takes the stand, and wow the actress telling her side of the toxic relationship she shared for years with johnny depp in extraordinary testimony today, amber heard told the jury there were different kinds of johnny depps depending on what drugs he was using. he said the actor would go clean for a while but that the alcohol and drugs always came back at one point, amber heard said johnny depp was so desperate for cocaine that he convinced himself she took his drugs from him. amber heard told the jury, depp accused her of hiding cocaine inside her body. >> he was telling me we're going to -- we're going to conduct a cavity search. shall we like just shoved

five states including a trump test in battleground, pennsylvania i'm shepard smith. thi this is the news on cnbc. >>> president biden speaks to murder victims' families in buffalo. >> hate will not prevail white supremacy will not have the last word. >> his call to action and the latest on the investigation of the massacre at the supermarket. >>> mariupol falls to the russians now hundreds of ukrainian soldiers from the steel plant are in enemy custody mariupol aside, the fighting

live from cnbc, the facts, the truth, the news will shepard smith. good evening, panic families are struggling to find formula for babies parents are turning to milk banks and to social media searching for formula to swab or to buy four companies control 90% of the market their ceo tells reuters he expects the shortage to last for the rest of the year the white house announced several moves today including a new website aimed at helping parents find formula, hhs.gov/ formula. president biden defended h his administration brushed off questions whether he should have acted sooner he says white house officials are working hard to bring relief for families >> there is nothing more urgent than that right now. i think we'll make some significant progress very shortly. >> the formula shortage had been building for a year. just last week the national out of stock rate for baby formula jumped to a high of 43%, cnbc's valerie castro on how this shortage happened. >> reporter: for parents across the country. >> it is scary not knowing if you are able to feed yo

i'm shepard smith live in washington this is the news on cnbc >> abortion is violence. >> reporter: the blockbuster story broke that a draft of the supreme court's opinion shows the court overturning roe v. wade in a blistering ruling. >> it's a fundamental shift in american jurisprudence. >> it's hard not to feel angry, troubled, deeply disturbed about what