vote. is there could be a mad dash scramble and nominate ago speaker and eight candidates seeking to acquire the gavel of this hour and watching that closely and updates as soon as we get them live from the hill. meanwhile, from the middle east, it is day 18 of israel at war and idf cranked up air strikes against hamas targets in gaza overnight. israel still deciding on major ground offenses or keep the jewish state s powder dry. at least for now. good morning. we await for more action on that i m bill hemmer live in new york. big couple of hours here, dana. did i recollects i m dana pree no and this dana perino and this is mesh s news room. at this hour, a very large group of israeli supporters are gathering outside united nations chanting bring them home ahead of a 10:00 a.m. hearing. amber: let s get to it. best of my recollections apologies, we ll try to get the audio in there a bit. did i recollects president biden will not consider a cease-fire till all hostages kidna
hi, everyone. it s 4:00 in new york. there s no shortage of news today in the legal troublesing the disgraced ex-president and current gop front runner, including a third trump lawyer and fourth trump associate earlier today pleading guilty in the fulton county criminal election interference case. we begin with a moment years in the making at aen manhattan courthouse. the disgraced ex-president coming face to face with michael cohen, the former fixer who said he would take a bullet for donald trump now, star witness in that civil fraud trial that threatens to bring down the trump business empire. here is what michael cohen said on arrival at court today. let me just turn around and say that this is not about donald trump vs. michael cohen. this is about accountability, plain and simple. we leave it up to the judge in order to make all the duststorm nations. i thank you all for coming. a few hours later in what he called a, quote, heck of a reunion, he took the stand in th
from new york, here s the bbc s north america business correspondent, michelle fleury. stubborn inflation pushes back the timing of the first rate cut. the us federal reserve voted to keep its benchmark lending rate at a 23 year high on wednesday. officials have said they want more certainty that inflation is under control before they lower borrowing costs. they do not have that yet. here is chair, jerome powell, during his press conference. the economy has made considerable progress towards our dual mandate objectives. inflation has eased substantially over the past year, while the labour market has remained strong. and that is very good news. but inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. we are fully committed to returning inflation to our 2% goal. while the prices of many goods have fallen, from cars to furniture, an increase in housing and petrol prices have contributed to a recent rise in consumer
here is chair, jerome powell, during his press conference. the economy has made considerable progress toward our dual mandate objectives. inflation has eased substantially over the past year, while the labour market has remained strong. and that is very good news. but inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. we are fully committed to returning inflation to our 2% goal. while the prices of many goods have fallen, from cars to furniture, an increase in housing and petrol prices have contributed to a recent rise in consumer inflation. with progress on inflation taking longer than expected, hopes for lower rates have dimmed. one scenario that could change that calculation? chair powell said if the labour market unexpectedly weakened, that could spur rate cuts. and sweetening the mood on wall street, the dowjones industrial average closed higher, after the fed chair implied that the central bank s next move