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Forecast today? good morning, samantha. analysts are - forecast today? good morning, samantha. analysts are feeling positive as we go into the economic data today. also the activity data tomorrow. from an inflation perspective the general expectation for inflation to full from 6.5% to 6.2%. and that still seems very high, well above target but it suggests there is a feeling of optimism among investors in the us. and we can see that by the reaction of share prices over the year today.— reaction...

Engaged in every one of these decisions. >> reporter: as for the ongoing recovery efforts for the balloon off the coast of south carolina, the chinese surveillance balloon, a defense official says a, quote, significant portion of that balloon has been recovered. a salvage investigational has been on the scene since friday. but divers vice president been able to work every day because of the conditions of the water there, rough seas essentially, but they have been able to recover again a signific...

Welcome back. its time now for business. good morning. the january consumer price index is due out later today. prices expected to be up 6.2% from last year. what more should we look out for on this telling inflation data? >> hey, john, good morning. well, this is a highly important report for all market participants. youve got the headline inflation print to look out for and then the core inflation print. the headline we mentioned looking at 6.6% year on year growth, the core cpi which excludes...

>> todd: cheryl casone has more. >> cheryl: this is the big report that has been the headline grabber, 8:30 a.m. eastern time. that jump annually is better than the month before, which was 6.5. where are we with food inflation? that is month over month increase 6.2% expectation. biden administration want to tap again the spr, they are worried about gasoline and energy prices, they will sell 26 million barrels. we are at the lowest level for spr since 1983 and there are -- barrels, where we were ...

As cartels start using drones. >> gallup poll shows levels of satisfaction with levels of immigration 234509 u.s. 63% of them a are unsatisfied. >> expected to drop to 6.2% year over year. many are still concerned about the fed raising rates. >> biden wants to goose spends. americans need a president who wants to get spending under control. steve 7:01 in new york city. we start this hour with a fox news alert. at least three people are dead and five others fighting for their lives after a saluti...

Expanding 0.1% for the quarter. futures leading a little higher after yesterdays rally. t all finishing up 1%. and investors are expecting a moderation in up canner prices. a sign inflation is easing. forecasts coming in at 6.2 inflation, lowest since october of 2021. and meantime ford has announced that it will slash 3100 jobs in europe to lower costs and boost profit. an gas prices fell a penny overnight now at $3.41 a gallon. today well get the consume her price index report, critical for t...

Hosts Todd Piro and Carley Shimkus present all the headlines viewers may have missed overnight, along with a preview of upcoming news events.

Member, this is on back of a negative week. we had the nasdaq down about 2 1/2 percentage points. the s&p down one percentage point. a big focus will be the u.s. cpi and this time analysts are expecting an increase month-to-month, that puts it 6.2% inflation credits. whether it surprises to the upside is whether it could have a big effect on markets. not just cpi inflation. we get ppi data later in the week. as well as industrial and manufacturing production data, as well. a lot to watch out for...

Security and medicare more solvent, more funding? >> thank you for mentioning it in the beginning that have a bill that would do that for social security. what my bill would do is it was left the income ceiling for payments into the social security trust fund. thats feeling right now is 160,000 and anybody making over that doesnt pay a single dime more into social security. that should not be how it works. everybody should be paying into social security. trusts -- my bill would do that. it would...

Theyd finish the regular season with a 13-3 record, and its inspirational beyond measure. the bills and their fans have so much of which they can be proud. pamela, back to you. >> they sure do. thanks, coy. prices, by the way, they are still high, as im sure you noticed, but inflation is easing. christine romans has more. >> reporter: hi, pamela. more signs we have turned the corner in the fight against decades-high inflation. inflation, while still hot, is starting to show signs of cooling. the...