the heat is on 235 million americans are facing 90-degree-plus temperatures over the next few days. and along with the heat and dry weather, wildfires are also fueled by high winds we'll tell y who's most at risk stocks in free fall. inflation at 40-year highs the fed on the verge of raising interest rates with the hope of corralling rising prices, caused partially by the trillions printed during the pandemic. actress amber heard speaking

out only to "today's" savannah guthrie. jennifer hudson is at the top of her career "early today" starts right now morning, thanks for joining us i'm phillip mena, frances is off today. we begin with severe weather forcing sirens to blare out in chicago. a tornado warning was issued for the city as damaging winds blew the roof off an apartment complex and toppled trees. travelers at chicago's o'hare international airport sheltered in mplace at national weather service reported winds at 85

miles per hour and the wicked weather coming as over 235 million americans are set to experience 90-degree days this week, from up north to raleigh. for more on this we turn to michelle grossmann good morning, michelle. >> good morning, phillip i know it feels hlike we have i all today. it feels like, it will feel like 110 in some spots. we have the threat for severe weather. and lower elevation rain we could see two feet of snow in the highest elevations of mountains, that's going to add to the rivers rising there we are looking at storms early this morning the same complex that moved through chicago yesterday is moving through parts of the ohio valley into the northeast. we do have severe thunderstorm watches. that is where you see the yellow line, the yellow boxes and we're looking downpours that

are torrential lightning and thunder as well and the possibility of very strong storms. that's our ig aboutest concern with with these complex 20 million people at rex with winds gusting to 60 miles per hour could see damaging hail, a tornado or two is possible we'll talk more about the severe weather and record-setting heat coming up. >> that record-setting heat also fueling raging wildfires in the southwest. crews in arizona and new mexico racing to contain blazes fueled by the heat wave and heavy winds. cathy park has more. >> here we go again. >> reporter: the historic heat wave fueling dangerous fires across the southwest pipeline fire in arizona exploding, tripling in size in just one tday, burning at least 5,000 acres.

0 thousands ready to leave. as crews try to contain the flames, officials arrested a 57 kpr -year-old man in connection with a wildfire >> i'm really angry at the person i'm glad he's caught >> reporter: our affiliate says he was homeless and was camping in the air wrea and reportedly deputies he burned his toilet paper. and the biggest fire in history. >> we need to be sure this doesn't happen again >> reporter: since early april, the fire has spread out of control, destroying homes across 500 square miles the sheep fire is burning near the angeles national forest. it has burned nearly 1,000 acres so far and on sunday it grew from 35

acres to roughly a thousand. the cause is still under investigation and only 5% contained. mean while, more extreme weather in texas the triple digit heat turning dangerous with more medical emergencies. >> we think that the early start to the hot weather this year, combined with a lot more people doing things than they were perhaps last year is heedleadino this incredible volume since may 1st, we have responded to 166 heat-related calls. >> reporter: and the pbad weathe doesn't end there. all entrances to yellowstone park are closed. it will be closed at least through wednesday. the bears are running wild on wall street stocks plunged ahead of the fed's policy meeting this week the dow dropping nearly 900

points while the s&p fell about 4%, officially entering a bear market and the nasdaq was hit the hardest, down over 4.5%. tom costello tells us what's going on here. >> reporter: gloom and red arrows on wall street as sky high inflation and potential recession weigh heavily on investors. after being down a thousand points, the dow now 16% for the year the nasdaq down 30% year-to-date and the s&p index sliding into bear market territory, down 21% year-to-date all of this real money for americans saving for retirement, college savings or a new home. >> the two things you can control in a market like this is how much you save and how much you spend. and it's really important to stay on track. >> reporter: to tame 40-year inflation, the federal reserve is expected to raise interest rates again on wednesday,

perhaps by another .75 of a point. >> it is whether or not wall street will believe them that's why fed credibility is so key. >> reporter: it comes as inflation is forcing americans to adjust their spending from los angeles >> road trips, there's just no way. >> reporter: to boston >> it feels like you can't catch a break almost >> reporter: where sophia lee is parking the car, riding her bike to work and babysitting to offset skyrocketing food and gas prices >> it's difficult to save up for things that you need in the long term >> reporter: in the economy, a country increasingly on edge meanwhile, bit docoin is down 6% from december. the slide has cost a lot of investors a lot of money new this morning, police in

texas may have prevented a deadly siege after officers shot and killed a man who opened fire inside a children's sports camp 13 miles south of dallas. the man first shot at a staff member who confronted him inside. he then shot through the locked door of a classroom full of children responding police officers later shot that unidentify man in the gym. he was given first aid but pronounced dead at the hospital. the man was not known to police. thankfully no one else was hurt. day two of the january 6 hearings focussed on what former president trump knew and when he knew it. witness after witness from mr. trump's inner circle telling the committee they tried to warn the president away from baseless claims of voter fraud. >> reporter: the january 6 committee's second hearing hammering home a single message. donald trump lost the 2020 election and he knew it. >> as a result of his loss,

decided to wage an attack on our democracy. and in doing so, lit the fuse that led to the horrific violence of january 6. >> reporter: the committee relying on the taped testimony of top campaign staff who urged caution as election night returns showed joe biden winning. >> there were suggestions by, i believe it was mayor giuliani to go and declare victory and say that we'd won it outright. >> reporter: miller claiming giuliani was intoxicated his attorney saying he wasn't drink at all bill stepien backing out of a live appearance last minute after his wife into labor. instead, this videotape of stepien also saying he disagreed with giuliani. >> brallots were going to be counted for days >> reporter: but the president declared victory on election night anyway >> frankly, we did win this

election >> reporter: creating a rift in his inner circle as courts rejected 61 of 62 legal cases file filed by the president's team. >> we called it my team and rudy's team. i didn't mind being part of team normal >> what they were proposing was completely nuts. >> reporter: the president's embrace of the so-called big lie of the stolen election ultimately leading his attorney general to resign. >> i thought, boy, if he really believe believes this stuff, he's become dee tamed from reality >> reporter: republicans largely ignoring the hearing they call partisan >> no ability for republicans to do any type of cross examination. i still don't think there was anything new there >> reporter: attorney general garland saying the justice department is tracking the testimony. >> the january 6 prosecutors are watching all the hearings as

well >> our thanks to garrett for that report. the basketball playoffs, tied at two. the nba finals headed back to the bay area for a crucial game five >> three seconds to get a shot off. poole gets it off in time! oh, he banks it in >> the celtics erase a 12-point deficit in the third but jordan poole with that buzzer beater that would put the warriors up to start the fourth and andrew wiggins stepped up. had a team high of 26 points and 13 rebounds. and on a night when steph curry didn't make a single three, he was still pumped warriors find themselvesone game away from a championship win. let's take it back to extreme weather.

hello again, michelle. >> hi there. we are looking at dangerous heat continuing today record-breaking heat if not historical heat. we looking at 100 million americans under excessive heat even in the couarolinas we're going to b in the carolin. upper 80s in minneapolis and des moines also look at know in snow in thi

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fast forwarding into tuesday. britney spears' ex-husband has

been charged with felony stalking after trying to force his way into her wedding jason alexander was spears' first husband and they were married for less than three days in 2004. a judge has issued a restraining order. post malone is officially a dad. he welcome d a baby girl. lady gaga is in talks to join the next "joker" film as none other than partner in crime harley quinn the followup to the 2019 blockbuster said to be a musical sequel let's turn now back to the turmoil on wall street what can investors expect today? cnbc's geoff cutmore joins us with the latest outlook. good morning, geoff. >> if the futures are anything to go by at this point, we

looking for a bounce with the dow called up over 200 points. but theis relief rally could bea bigger question. the biggest question is is the fed going to do 75 basis points at its meeting this week and they're asking that question because the wall t"the wall strt journal" and a number of other publications started reporting that that is now more likely than a 50-basis point hike the question people are asking themselves is who's talking and why. because the fed-voting members are meant to be in a blackout period now so they cannot go public with any views on interest rates right now everything is pricing up those interest rates. so keep your eye on the continued rumor mill as to what that hike is likely to look like let me mention in passing, a couple regional airlines, 50% pay increases.

piedmont and maryland. env envoy in texas, wouldn't you like a 50% pay raise right now. we'll have to see how that one works out. >> i'm sure those frustrated travelers don't care how much they're paid as long as they take them where he they need go. savannah guthrie asks amber heard if she blames the jury for siding with her famous ex. you j. and it doesn't need to be a lot, it can be a memory, or a feeling, you did some great stuff up there today, you know that. something so simple... you're stuck with us. as comfort. ♪ ♪

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tremfya® today. another exclusive with amber heard, speakering publicly for e first time since the verdict in the johnny depp defamation case. >> the jury looked at the evidence you presented they listened to your testimony, and they did not believe you they thought you were lying. >> how could, i'll put it this way. how could they make a judgment how could they not come to that conclusion they had sat in those seats and

heard over three weeks of non-stop, relentless testimony from paid employees and towards the end of the trial, randos as i say. >> don't blame the jury? >> i don't blame them. it wasn't, i actually understand he's a beloved character and people feel they though him. he's a fantastic actor >> and you can catchuch more of savannah's exclusive exhibit swru amber heard coming up it's one of the rarest achievements of all of show business jennifer hudson is one of seven to earn an egot. an emmy, grammy, oscar and tony.

>> reporter: from her debut on "american idol" almost two decades ago. to one of the most coveted honors in entertainment. jennifer hudson taking home a tony as a co-produce he in a musical. the award for best musical propelling her to an egot. an emmy, grammy, oscar and tony. >> once i fell in love with music, this is what i wanted to do >> reporter: for the chicago native, for best supporting actress in "debut. to a grammy for her self-titled item >> jen everyone hudson is one of 17 people ever to complete the egot and the youngest woman to ever complete an egot. >> reporter: an honor for an

artist whose dreams are still coming true. >> i've done every stage there is even on the sea. only place i haven't been is outer space, and i'm going to get there one day, too okay >> s

heightened concerns over state depict the increase and harassment incident as many tried to celebrate pride month. and the threat made to a high profile state senator and the action police are still taking. the suggestion by rudy giuliani to declare victory. >> inside the capitol hill siege. more revolution on what led to the january 6th riot on capitol hill. this is today and the be streaming live on roku, apple