freshman, maybe 17, 18 years old, you were 8 when the song came out, this might be classic music to you. >> a ten-minute version is a long song. >> it's a longer class. >> there you have it. 6:00 a.m. on this monday. what's next after the collapse of silicon valley bank? president biden is expected to speak any minute now. we're live in washington with the new plan from federal regulators and the ripple effect being felt nationally. >> road closures, and major cleanup. this as the next big storm takes aim at the bay area. now, crews are scrambling during the brief break we're getting from the rain. live team coverage ahead as we brace for the next atmospheric river. this is "today in the bay," streaming live on roku, xumo, and online. that river coming in.

[ laughter ] >> let's work on that one. >> you can call it a pineapple express to use other language. >> the timing of this is going to be critical because they're doing a lot of prep. and, unfortunately, the areas that have been impacted, there's a likelihood we're going to see that again because impacts are coming, especially for areas around the levies. back to you guys. this is an nbc news special report. here's craig melvin. breaking news at the white house right now. president biden talking about the historic collapse of silicon valley bank. >> hardworking employees can breathe easily as well. last week we learned about the problems of the bank, impact on jobs of small businesses and the banking system overall. i instructed my team to act quickly to protect these interests. they've done that.

on friday, the fdic took control of silicon valley bank's assets. over the weekend it took control of signature bank's assets. treasury secretary yellen has taken action. first, all customersed who had deposits in these banks can rest assured they'll be protected and they'll have access to their money as of today. including small businesses across the country that bank there and need to make payroll, pay their bills and stay open for businesses. this is an important point -- no losses will be borne by the taxpayers. no losses will be the borne by the taxpayers. instead the money will come from the fees that banks pay into the deposit insurance fund. because of the actions that have regulators have already taken. every american should feel

confident that their deposits will be there. second, the management of these banks will be fired. if the bank is taken over by fdic the people running the bank shouldn't work there anymore third, investors in the bank won't be protected. they knowingly take the risk. fourth, important questions of how these banks can got into these circumstances in the first place. we must get the full accounting of what happened and why those responsible can be held accountable. and my administration -- no is above the law. finally, we must reduce the risk of this happening again. during the obama/biden administration we put in place tough requirements on banks like silicon valley bank and signature bank including the dodd-frank law to make the crisis we saw in 2008 wouldn't

happen again. unfortunately the last administration rolled back some of these requirements. i'm going to ask congress and the bank egg regulators to strengthen the rules for bank. to protect the american jobs and small businesses. look the bottom line is this, americans can rest assured that our banking system is safe. your deposits are safe. let me also assure you we won't stop at this. we'll do whatever is needed. on top of that, let's take a look at the situation in broader context. we made strong economic progress in the past two years. we created more jobs in two years than any president has created in a four-year term. unemployment is under 4% for 18 straight months. we've seen record numbers of

people apply to start new businesses more than 10 million of them, more than 10 million applicants of starting business. swift action my administration over the past few years is all about. protecting depositors, protecting the banking system, protecting the economic gains we made together for the american people. thank you. god pless you. see you in california. >> can you assure americans there won't be a ripple effect? >> should all depositors be protected. >> president biden speaking for almost five minutes there about the collapse of silicon valley bank specifically. one of the 20 largest banks in the united states of america, of course collapsing late last week and nbc's kelly o'donnell joins us from the white house.

it sounded like the president was basically trying to make sure that americans still have confidence in our banking system. >> reporter: confidence is the key word and certainly this president lived through what was happening in 2008 where there were enormous ripple effects from the financial crisis of that time that led to recession, wanting to send a different message now, saying that action has been swift. work done over the weekend with the top economic minds of this administration and regulators and key steps to try to allow for depositors to get access to their money and shore-up these confidence of these banks so it doesn't spread beyond that. these are important steps. they say taxpayers won't be affected and they're trying to make certain this doesn't go beyond these two institutions. >> kelly, thank you. brian chung here with me. the president also wants to

reduce the risk of something like this from happening again. >> one concern it's not just silicon valley bank, they announced that signature bank out of new york was also going to be taken over. we're seeing pressures at another bank as well. they're worried about the contagion here. the federal government is trying to create that assurance. we'll have to see if these measures can stop any contagion. >> the market is set to open 20 minutes from now. much more throughout the day on msnbc and cnbc and streaming on nbc news now and lester holt will have a full recap of the day on nightly news today. i'm craig melvin in new york you heard president biden actually talking about the bank closures and he mentioned that

all customers that have deposits in banks will be protected, will have access to their money. trying to instill confidence in the banking system. he is on his way to california. we'll have much more later on throughout the day. meteorologist vianey arana has been tracking that storm, and i know a lot of people are anticipating that. >> the thing is, a lot of these storms that have impacted us overnight, and it's when folks are sleeping and they wake up oftentimes with the impacts and the aftermath of it crossing through. so satellite radar right now, you can see the rain developing right here. it's this moisture tap that makes it an atmospheric river. it's the subtropical moisture that's going to make it feel a little muggy as well. our daytime highs are going to be in the 60s. i want to show you a couple of scattered showers and daytime highs will be in the 50s. we're going to start out calm for the most part. daytime highs will be in the 50s. by the afternoon what's going to

happen is we'll get peeks of sunshine. you still have plenty of time to make sure things at your home are secure and safe, your vehicles will be another important thing to make sure is okay. in the afternoon we'll max out in the upper 50s, might get a couple of low 60s. then things start to get windy and the rain really starts to ramp up overnight. so let's talk about what to expect. heading into the overnight hours, flood watches begin starting at 10:00 p.m. tonight. the high wind warnings, and the difference between a warning and a watch or advisory, is that it is imminent. the gusty winds will happen. they begin monday at 11:00 p.m., which could mean the potential for downed trees and of course power outages, so prepare and make sure you have powered charger banks, flash flights, anything like that. i'll talk more about how long the rain is going to last and how much we'll see in my full forecast. first, we do want to get a

check of the roads with mike. >> moving well right now. the conditions are good. the backup at the bay bridge eased off on how quickly it was forming. i believe the crash is completely off the roadway instead of being on the shoulder. just the morning commute, all these roads are feeding over. we do have slowing and a crash reported just outside the caldecott tunnel and we'll track that. a little slowing for 37 and 4 as well. typical patterns for a monday. easing into the commute, the direction coming toward me where i'm standing at the map. we do have a closure on highway 84, but it's pretty far out for the main commute. 880, the closure did reopen. we're going to head over to bob redell off of 880. you know the nimitz fully reopened last night, but we're still talking about road conditions this morning. >> reporter: good morning to you, mike.

we are still talking about a closure. we're on stevenson boulevard, where you can see the northbound 880 on ramp on both sides of stevenson still shut down because of flooding from yesterday. but as you mentioned, i did drive down 880, up 880 this morning in the northbound direction, and i didn't see any flooding and there was no impact, no road closures there. so this is just strictly on the on ramps. but the traffic was at the limit at the time. this is not going to have an impact on your morning commute. yesterday caltrans did shut down both directions of 880 at mowry, which is just north of our location, because of a slide-out at a railroad over-crossing, which carried mud and debris onto the road. it was a major traffic headache in both northbound and southbound directions, which were closed much of the day yesterday while workers suctioned off the water and mud. >> right before the dumbarton exit, it just stopped and everybody started merging because they realized we're not moving anywhere, let's just get

off. >> reporter: so, again, caltrans reopened all southbound lanes of 880 sunday night in fremont, and overnight they reopened the northbound lanes in time for this morning's commute. caltrans says the workers are on standby with equipment as the bay area braces for another round of storms. now, across the bay on the peninsula, a big stretch of highway 84 remains closed, this weekend's storm triggered a landslide. it caused the road to crack. yesterday's pounding rain only made things worse. so highway 84 is closed in both directions between portola road and skyline boulevard in san mateo county. no word on when it will reopen. reporting live, bob redell, "today in the bay." >> thank you so much. as we've been talking about, the storm is expected to pack a powerful punch and that is the last thing folks want right now in the time of pajaro. that's where the entire

neighborhood in the area is still submerged after a levy broke over the weekend. thousands were forced to evacuate in the middle of the night and highway 1 near watsonville now closed due to the pajaro levy breach. floodwaters flowing toward monterey bay turned part of the area into a river and evacuation orders remain in effect. beyond pajaro, there are still concerns about the salinas river, which is already flooding in some low-lying areas in the salinas valley. video over the weekend showing the moment first responders had to rescue this man whose car was swept into the floodwaters. people there are fearing the river could flood roadways between monterey peninsula and the rest of the county, essentially turning it into an island. over half of all california counties right now are under an emergency declaration with the governor adding six more ahead of the next storm. a reminder, you can keep an eye on that storm when we're not on air, just download our free nbc

bay area app, that way you can also watch us on the go. we're streaming live on roku, xumo, and online. the man accused, and that police believe was targeted by mma star cain velasquez tied to sexual accusations will be in court today. the judge decided there was evidence to move forward with the case against harry goularte. velasquez is due in court wednesday for a hearing that may set a date for his felony trial. velasquez is related to the alleged victim and faces attempted murder charges. investigators say he shot into a truck goularte was in. another man was hit by that gunfire. now to a live look at the bay bridge at 6:14 on this monday, and a funny thing happened in the plan to shut down the nighttime light display forever. it is suddenly back on again due

to a glitch. earlier this month, the l.e.d. lights were turned off for what we all believed was the last time during an elaborate ceremony. one of its creators says the system is so damaged, even the off switch is no longer working properly. he's among those trying to raise $10 million needed for a new 2.0 version. apparently they've already raised about $6 million plus. it's 6:15 this morning. silicon valley bracing for the possibility of more layoffs. still ahead, the one bay area tech giant that may be poised to announce new job cuts. we're going to tell you the teams reportedly on the chopping block. >> and stunning art on the beech. we'll take you to santa cruz while you wonder just how long it takes to create something like this. stay with us.

it is 6:18 right now. a live look in downtown san jose. things are pretty calm and the temperature right now is at about 55 degrees. we will get peeks of sunshine before the really heavy rain moves in tonight. i'll take you through how much we're going to see coming up in a few minutes. and right now we're looking at how much traffic there is on 880 through fremont, headlights moving into the south bay. we talked about how this reopened last night after mud covered the roadway most of

yesterday. we'll talk about the rest of the commute coming up. we're keeping our eyes on futures this morning following the collapse of silicon valley bank. the dow still lower after the white house address from president biden. he just laid out the steps to address the regional bank crisis impacting svb. among other things, he's reassuring americans that they will have access to all of their money in a timely fashion. kris sanchez is outside of silicon valley bank this morning. she's going to have a live report for us coming up at 6:30. meta is planning additional layoffs to be announced in multiple rounds in the coming months. the "wall street journal" reports they would roughly be the same magnitude as the 13% cuts made last year. the new rounds will likely hit non-engineering roles. meta is expected to shut down some projects and teams, including wearable devices that were in the works. trending this morning, the

weather is not going to stop one santa cruz artist this weekend. check out this video. this is making some sand art at sunny cove beach yesterday. he uses a rake to make those patterns in the sand. this one shows some hatching eggs. that's really cool. he says this one took him two hours to make and he walked roughly four miles doing it. he's really been busy. check out these other pieces he's done over the last week there. pretty cool. i wonder, how does he sketch it out? >> my gosh. >> i'm sure math is a part of it. >> something i could not do. >> i love that. so cool. it is 6:20 this morning. and we are continuing our month-long celebration of herstory. this morning we're telling you about one texas couple who feels the need for speed.

>> despite serving as a fighter pilot, one texas u.s. air force person is about to embark on her toughest mission yesterday, motherhood. according to a release, the unborn child is one of the first babies in the department of defense's history to clock more than nine hours in a supersonic aircraft at speeds up to 900 miles an hour. incredible. you may even say the child is breaking barriers because the father-to-be serves as a fighter pilot. wow, okay, that baby is due next month. >> women are incredible. >> let's give that baby some credit, too. >> it's amazing. >> do you think the baby is going to be early? >> oh, mike. let's talk about the storm. right now it's taking its time, but then when it makes its

arrival, you're definitely going to see it, feel it, and the intensity will ramp up. on satellite radar we've got an atmospheric river. i know, you're like we keep hearing about atmospheric rivers. these are tapping into subtropical moisture and it's bringing a ton of rain all at once. right now we have scattered activity on the map, but i know the one thing that our viewers, of course, want to make sure they can do is plan their day. so today you'll get breaks of sunshine, it's not going to be a complete washout. tonight by 8:00 p.m., you'll notice the rain will start to intensify. will when it become widespread? overnight. by 11:00, 12:00, from the north bay down to the south bay, everyone is going to see the rain. the rain then intensifies as the system passes through, gaining some of that moisture into the overnight hours, and then the heavier pockets will roll in right around 5:00 a.m. tomorrow morning. so the early-morning commute is going to be sloppy, we're also going to see gusty winds as

well. areas north of the golden gate bridge will be seeing the heaviest of the rain, the highest rain totals. highway 17, we've seen the impacts felt there from previous storms. this one will be no different, unfortunately. rain estimates for the bay area, if you look right up here in the key, santa rosa, calistoga, the red and purple hues, that's close to 3 to 4 inches. notice santa cruz as well, typical rain shadowed san jose through the interior, less than 2 inches. but, also, this is going to bring sierra snow. the difference between this one and the regular cold frontal system is that it's a little more of a warmer system, so it will be a mix of rain and know, the wet, wintery mix. heading into tuesday, we could see a little over 20 inches for some of the higher peaks. so dangerous travel. there are flood watches and warnings in effect for the sierra. i do want to show you where we're seeing some of those watches and warnings for flood watches, alameda, contra costa,

san francisco, santa clara, all the way through l.a. l.a. will be seeing these impacts, so be mindful of the grapevine if you're going to be traveling so southern california. travel to tahoe not recommended at all. a winter storm warning will be in place through wednesday at 5:00 p.m. and your seven-day stretch, if you're looking for a period to dry out, we'll get some clearing on wednesday. our dry day will be thursday. we'll get a short break before we see rain returning yet again on friday into next weekend. we've got another system rolling through. this one looks to be just a low pressure system, but we're going to monitor that as far as timing and rain. the seven-day outlook looks rough. we'll get a break, which is necessary before we see more rain through the bay area. mike, we've seen major impacts on the roads from the weekend. how is it looking now? >> it looks like things have calmed down. 880 recovered from flooding,

caused by the mud. we're trying to prepare. we have a disabled vehicle going on southbound 280 at the 101 interchange. reports of several vehicles on the shoulder, including one with a broken windshield, some debris, maybe some rocks on the road. something is being kicked up in the area. then the report has calmed down. the arrow shows you where the traffic was building for the first build for san jose. it's clear now. the second one should start about 6:40, so about 15 minutes from now. this is a problem area because of the dramatic video that bob showed you of the slide in the area and the buckling of the roadway that is a problem. so highway 84 is closed between portola and highway 35, so keep that in mind. highway 84 across the dumbarton bridge is fine and 84 coming through livermore and pleasanton. there's a disabled vehicle moving through foster city. here is 92 westbound and it's a

smooth drive over the high-rise. the disabled vehicle is somewhere right there, but you see the taillights moving smoothly. i think everything is all right. a smooth drive toward the bay bridge where the metering lights are on, except for highway 24, which shows backup coming toward the caldecott tunnel. there was an earlier incident. we're looking at the commute building. i'll double-check and let you know what's going on. >> thanks, mike. next, the top story we're talking about, another atmospheric river moving toward the bay area. ahead, we're going to talk about concerns over flooding in the north bay growing as the rain approaches. >> reporter: i'm kris sanchez in menlo park, where today people will be able to get their money out of the failed silicon valley bank, and already this morning before sunrise here in the bay area on the east coast, the president had something to say. we'll tell you what that was and what other lawma

that's the swift action that my administration over the past few years is all about, protecting the positives, protecting the banking system, protecting the economic gains we've made together for the american people. >> breaking right now at 6:30, president biden lays out the steps to stem the fallout from the collapse of silicon valley

bank and other regional banks. ahead in a live report, the new white house push to make sure bay area customers recover full access to their accounts in a matter of hours. >> cleanup ahead of the next big storm. work is under way as another atmospheric river is set to arrive. meteorologist vianey arana is tracking the latest timeline for your neighborhood. this is "today in the bay," streaming live on roku, xumo, and online. good monday morning to you. i'm gia vang. >> i'm marcus washington. well, this morning time is of the essence as many cities take advantage of this break we're getting from the rain to try to prepare for the next round of heavy rain. including residents in the north bay. santa rosa crews are trying to stop a slide from damaging homes on cooper drive. right now two homes are red tagged, but there are more at risk along with a synagogue. now, teams are using sandbags and plastic sheets to slow it down. also in the north bay, the

army corps of engineers is keeping an eye on dams at lake sonoma and mendocino, to keep it from flooding downstream. army engineers say only 20% of the watershed ends up in lakes, which is why lots of heavy rain comes with big dangers. >> with only 20% behind the dams, there's a lot of natural flow that is just free to go to the river, causing localized flooding, or even major flooding. in this water year, holding back some of that water during january and now obviously helps to keep the maximum stage of the river from coming as high as it could be. >> that's the chief of operations for the army corps in the bay area. he says he and a lot of the team live on the lower end of the river, so they know personally how important the water levels are. >> let's get a timeline of when the rain will arrive.

meteorologist vianey arana has been tracking that. is it going to come in quick or be a slow-moving storm? >> that's always the tough part of atmospheric rivers, it could stall out over one area for an extended period of time. with the rain rates, that could really cause a potential for flooding. so right now this is what we're expecting. so today for the most part, you're going to get a little bit of a break and sunshine. that's good. you still have time to prepare. now, we could see some thunderstorm activity begin to pop up, especially for the north bay. by tonight, though, expect the evening to really ramp up with gusty winds, wind warnings go into effect, flood watches go into effect starting tonight. tonight into early tuesday morning is when we're seeing the heaviest of the rain. right in the middle of that early morning commute. we're talking about heavy downpours, especially through the north bay. highway 17, santa cruz mountains. but it will be widespread. the impacts of this are going to extend beyond the mountain peaks.

the gusty conditions have the potential for downed trees, and they can create big problems on our roadways as well. absolutely. highway 17, sometimes highway 24 in the oakland hills. i'm looking at 24 because of a crash. we saw the backup building through orinda. it's just high of the caldecott tunnel and it just cleared from the chp report. so we should have good recovery. expect slowing from walnut creek heading toward the bay bridge where the crash just cleared. 37, 4, the bay bridge showing a typical backup pattern. we have an incident reported getting out of san francisco from highway 101 onto eastbound 80. westbound 80, the backup is looking lighter than 15 minutes ago. so the metering lights are moving smoothly. no problems on the eastshore freeway. the disabled vehicle should be clear from the san mateo bridge. i will double-check on the chp report before i say it is. back to you. >> thank you.

new concerns about regional banks are weighing on investors ahead of opening bell. here is a live look. you can see the dow is down more than 200 points but it's now off its early morning lows, boosted by new reassurances from president biden. >> his words for the crisis hitting home with the collapse of silicon valley bank. some customers are still unable to gain access to their money. "today in the bay's" kris sanchez is live for us in menlo park with what's happening there, and in washington at this hour. >> reporter: in the last half hour or so, president biden spoke about the collapse of silicon valley bank here in menlo park. the 16th biggest bank in the country. and the ripple effect of the collapse is creating in the banking industry and about regular joes worried about their money. >> all customers can rest assured they'll be protected and they'll have access to their

money as of today. that includes small businesses across the country that bank there and need to make payroll, pay their bills and stay open for business. no losses -- this is an important point, no losses will be borne by the taxpayers. let me repeat that, no losses by the taxpayers. >> to repeat his other point, investors, again, will be able to get their money out of silicon valley bank today, that is deposits that are insured and uninsured. for leaders in washington, this is about making sure that no other business fails just because the bank did. now, in a statement, congressman ro khanna, who represents silicon valley, said i'm glad the department of treasury listened and moved to protect workers, the innovation pipeline and the economy at large. but the work doesn't end here. we've known since 2008 that stronger regulations are needed to prevent exactly this type of crisis.

now, silicon valley bank is not the only one in trouble. u.s. regulators shut down new york-based signature bank and announced clients at that bank would also have full access to their money and shares in san francisco's first republic bank are tanking over similar liquidity concerns. we'll be watching that when the trading begins today. we did speak with a san jose state professor of finance. he says if you have cash in the bank, more than $250,000, you're going to want to break that up into smaller amounts and put them in different accounts so you can take advantage of the fdic insurance and make sure you can get your money back if your bank fails. in menlo park, kris sanchez, "today in the bay." >> thank you. developments on the story have developed pretty quickly. it began late wednesday when silicon valley bank told investors it would need more than $2 billion to shore up its balancing sheet. well, customers began rushing to move their money, withdrawing

$42 billion and that was far more than the bank could handle. it could no longer pay its depositors. on friday the bank gave up trying to sell tanking shares and tried to find a buyer. when that effort failed, federal regulators shut down the bank, seized assets, leaving uninsured deposits frozen. >> new overnight, an officer-involved shooting in brentwood and it's under investigation. around 9:30 last night police say someone approached them saying that a woman was being held against her will. this was at the brentwood garden apartments along sycamore avenue. police say several officers heard gunshots and approached the residence and found the victim and suspect both outside of the apartment. they say the suspect fired several shots at officers. officers returned fire. police say that the suspect, a 30-year-old from long beach, was injured in the shooting. both the suspect and the victim were taken to the hospital and are expected to survive. police say several unoccupied vehicles were also hit by bullets. president biden heads to san

diego today. he is set to meet with the prime ministers of britain and australia. now, the trio plan to announce the purchase of u.s. manufactured nuclear powered attack sub marines by australia. that move comes amid growing concerns over china's influence in the indo-pacific region. tomorrow the president plans to discuss his efforts to reduce gun violence while in monterey park, the gunman killed 11 people there back in january. 6:38 now on this monday. a live picture over san francisco. and you can see some clouds in the sky, but it's dry for now. the sun is not out. we changed the clocks this weekend. vianey arana is here with more wet weather headed our way. >> that's why my two cups of coffee are doing nothing. this will wake you up. looking at the model runs, i do want to give you facts about atmospheric rivers because you're probably tired of hearing it. but the term was first coined in

the 1990s and refers to a sub tropical moisture tap. the way it lines up on satellite is the water vapor transport. so when you visualize it, it's like a river in the sky. quick and simple, but obviously there are a lot of other factors. the key, weak and extreme. notice we're getting a lot of the yellow and orange. so this will be somewhere between a moderate and nearing the extreme, but not an extreme atmospheric river. that means the rain rates per hour, especially for mountain areas, will be of most impact. is this normal, how many of these do we typically get? here's something that a lot of folks don't know. atmospheric rivers typically get about 25% to 50% of the annual california rain season, so the majority of our rain totals, and at any .3 to five atmospheric rivers are happening around the

globe. this isn't unique to california, but the most intense and extreme ones can carry 25 times the flow of the mississippi river. so just some factoids there. let's get a check of the roads with mike. >> we're looking over here toward the san mateo bridge, a good flow. we had a slower drive but that vehicle did indeed clear. i confirmed it got cleared from the chp report. no problems on the peninsula. getting to the bridges, it's slowing. a lighter build around the bay than many other days of the week, especially wednesday and probably tomorrow. the south bay, no major issues. the northbound commute just starting to kick in. we have a little more slowing across the richmond bridge to san rafael. we're looking at 36, and the bay bridge, more slowing getting into the city. nothing unexpected. we have great recovery for highway 24, in the next couple

of minutes as you're heading to pleasanton, you should be fine approaching the caldecott tunnel. there is a crash 101, heading out of the city and toward the lower deck. there may be three vehicles on the shoulder. watch for some distraction there. 280 coming up, later on, the warriors play. there are no real surprises on the bay area commute right now. we have a 7:00 game for the warriors, keep that in mind. in oakland, travel on the roadways starts to build up. we consider mass transit. b.a.r.t. is running the trains a little bit slower just for safety's sake. wet rails are an issue for braking and they say there's enough on the rails that they are going to do that again today, at least right now. back to you. >> thanks. 6:41 this morning, and a new warning for u.s. travelers with the violence escalating south of the border.

spring breakers are being advised to completely avoid travel to mexico. what if you're locked in on your plans already? coming up, we're going to tell you one security expert's advice on when visitors are likely to be most vulnerable. >> is now the time to pounce for bay area first-time home buyers? expert advice for those trying to make it in the bay and what to look for if you're in the market for a new home. >> and oscar winner michelle yeoh talked all about her family watching overseas during her acceptance speech, and if it left you wondering how they reacted, well, we now have the first vual. thise

good morning. it is 6:45 right now. here is a closer timeline of what to expect. today we're going to see rain at times, but still some sunshine. a chance of thunderstorms for the north bay. your time to prepare is right now, because by tonight gusty winds will kick up. flood watches will go into effect. the strongest of the rain will be overnight into your early tuesday morning commute. a closer look at rain totals coming up. fremont, a smooth flow of traffic right now. the nimitz through fremont, no more mud or flooding there. we do have the stevenson on ramp that is closed. we'll show you more on your

commute coming up. breaking news just into our newsroom, the international criminal court intends to open two war crime cases tied to the russian invasion of ukraine. that is according to "the new york times." chief prosecutor for the case will seek arrest warrants for several people. there are no specifics on whom the court plans to charge, but outside experts say it's possible that president vladimir putin will be among those charged. they added that the likeliness of this case going to trial is going to be slim. russia has denied accusations of war crimes. a new warning to spring breakers from the texas department of safety, they're advising everyone to avoid travel to mexico in the wake of the recent kidnapping deaths of two americans and the violence between drug cartels. other u.s. residents have gone missing. nbc's national security analyst tells us today families already locked into a vacation need to be extra careful between the airports and hotels. >> pay extra attention on the security of your transportation

to and from, ask your resort if they provide secure transportation. think about that. that's the soft spot you should be concerned with. >> and texas safety leaders are also urging anyone who does go to mexico to register with an embassy or consulate beforehand. purchasing a home is constantly a struggle for those trying to make it in the bay, amid rising mortgage rates, u.s. housing sales have hit a slump, down for the 12th straight month in january according to the national association of realtors. some say now might be the time to act for first-time home buyers. joining us, real estate experts, john and leslie foster from john and leslie foster real estate group. i want to thank you both for being here. john, i want to start with you. so why should first-time home buyers try to capitalize on the current market? >> the market is starting to pick back up again and we know that historically that when the market activity picks up, as we've seen a slight dip in

interest rates, which is great news, that prices will start to go up. while we don't predict any large price increases, the price drop that buyers have been waiting for really has already happened. so that's really the great news for anybody looking to purchase a home right now. >> the thing about it for first-time home buyers, they sometimes don't know where to start. should you look for somebody who is very knowledgeable of the area that you're looking for? say if i want to buy a home in san francisco, get with someone who is focusing on san francisco, as opposed to just someone you may know? >> yeah, absolutely. you definitely want to try to find an agent which is very familiar. specifically san francisco, such a niche market with neighborhoods and parking. it's really important to know somebody who knows that. the east bay, we do work pretty much the entire east bay, so we are familiar with most of the areas. it is important for you to definitely find someone that definitely knows the market that you want to be in. for buyers, really drive around and explore. find out if you like the area that you want to potentially live in.

i tell my clients, go to restaurants, take talks, go to the parks, find out what's going on on the weekends, go explore. so it is important for you to do your research, but also to find a neighborhood expert as well. >> great information there. thank you so much for your time this morning. we spoke about a lot more and they do have some advice for you, including the recent move by president biden to lower interest rates on some home buyers. you can watch the full interview by visiting our website, nbcbayarea.com,/making it in the bay. trending this morning, hollywood's biggest night was historic, to say the least. >> that includes the moment the award for best actress oscar was announced. >> and the oscar goes to michelle yeoh. [ cheers and applause ] >> history there. michelle yeoh, the first asian woman and just the second woman of color to win the award, and she hardly was the only one

celebrating. [ cheers and applause ] >> so this was video of her mother at an oscar watch party in malaysia. she is the woman you see in the white, beaming with pride, of course. "everything everywhere all at once" pretty much swept the major awards. brandon fraser did win best actor for "the whale." >> such an incredible night. i was so glad to celebrate with so many other asian folks in the bay area, and when michelle won and "everything everywhere all at once" won best picture, it just exploded. >> happy to see that. i love her as an actress. >> i've got a lot of movies i do have to watch. stormy nights are perfect for that. let's do that tonight, if you can. i think that if you live in the

north bay, it will be the biggest concern. a lot of it is offshore now. i want to show you how stunning these stormy skies look right now. this is live in downtown san jose, sort of that calmness with what's to come. let's take a look at where the storm is, so you notice the cloud cover first. you're going to see that on and off today with peeks of sunshine. it is going to make its arrival, beginning to develop just off the shore. we'll see scattered showers on and off, randomly, then we'll get some sunshine. a this is a chance for preparation because around 9:00, 10:00, the north bay will get the rain first, completely widespread into the overnight hours. everyone is going to see rain with periods of moderate to heavy downpours. and the strongest of this rain really does ramp up into the early morning commute tomorrow. so this is going to have big impacts on the commute, but also we're going to be monitoring the creeks and rivers and the

levies, all of that. especially once these rain rates pick up early on. flood watches will be in place. this goes into effect starting tonight and it remains in place all the way through wednesday, because even though the heaviest rain is going to happen overnight, we're going to continue to see rain on and off tomorrow through early wednesday. so the quick rise in rivers is really going to be of concern, especially for the north bay and the russian river. another thing we've got to watch out for is going to be the gusty winds. these are impacted us in very dangerous ways when it comes to downed trees and it's going to go into effect starting at 11:00 p.m., all the way through 5:00. gusty winds could reach anywhere from 50 to 70 miles per hour for the coast and hills. and for the valleys, we're talking 35, 50 plus, so this could also mean power outages. another thing to be mindful of as we inch closer to overnight hours, have that prepared, have the mindset of what would i need to do if my power were to go

out, food items in your refrigerator. now, tomorrow is going to be the worst of it early in the morning. by wednesday we'll get a little clearing and then a brief break. by brief, i mean literally one day on thursday of temperatures in the 50s. and notice by friday, the rain returns and it is expected to be widespread, yet again, on friday, carrying us all through the weekend into saturday and sunday. now, the difference with this system is it doesn't look like a tropical moisture tap. the intensity and rainfall rates are going to be less. because we've seen so much rain, this water is bringing so much saturation, that's uprooting a lot of trees and levies and creeks, which will already be running extremely high. daytime highs will be in the 60s. it's going to feel muggy and humid, because of the subtropical moisture tap. in the sierra, winter storm warnings in effect, along with

avalanche warnings, because it is a warmer system, the snowpack on top of the wet and rainy conditions into tomorrow will make for dangerous potential for flooding through the sierra. let's see how the roads are doing with mike. >> the bay bridge toll plaza is a pocket for backup. the meteorologisting lights have been on. a little slower for the build. it's slow across the span into san francisco, a slower approach toward the bridge to san rafael. same thing for 37 and highway 4. the issue is highway 24, you know what happened is the crash cleared just as the commute started to build, so we do have slowing out of orinda. back to you. another winter blast in northern california and chain controls are in effect on interstate 80. last night traffic was briefly held over echo summit because of

spinout conditions. next, a look at the top stories, including breaking news on the collapse of silicon valley bank. wall street is reacting to president biden's all new message this morning. we're breaking down what it means for you. stay with us.

welcome back on this monday morning. it is 6:58 for you. we are moving you forward with a look at top stories here on "today in the bay," starting with breaking news and the latest on the collapse of silicon valley bank. >> in the last hour, president biden spoke from the white house about the concerted effort to stabilize regional banks in the wake of svb's collapse. the markets opened for business a little more than 20 minutes ago. here is a live look at the dow, trading down more than 100 points. ahead of the opening bell, the index had been trading even

lower. here is a live look outside svb branch in menlo park. this is actually not live, but you're looking at svb right here. customers have been locked out of their accounts since last week's meltdown. the bank is set to reopen at 9:00 a.m. so customers can access their money. the "today" show will continue coverage. they're following the latest and what you need to know no matter which branch you ouz. >> the on ramps from stevenson boulevard to 880 in fremont remain closed due to flooding. caltrans was forced to shut down both directions of highway yesterday due to mudslides at the railroad over-crossing there, both directions are now back open. vianey, we're hoping not to have any more of that. >> unfortunately, it's looking like a pretty significant storm into the overnight/early morning commute, and i do see some of

the greatest impacts being on the roads. >> right now the roads are okay. good news, highway 24 recovered to speeds after the earlier crash near the caldecott tunnel. we're watching good monday morning to you. millions of americans on edge after two of the largest bank failures in u.s. history. >> a race against time to avoid an even larger financial disaster. it's march the 13th. this is "today." >> crisis mode. federal officials take emergency steps overnight to avert a run on the banks. nervous investors anxious to access their money. president biden addressing the nation this morning. >> i'm going to ask congress and the banking regulators to strengthen the rules of the banks to make it leske