Blockbuster Term News Today

time for the midterm elections. white house is calling opecs decision short sighted look at alternatives to wall street to reporting the administration is preparing to ease sanctions on venezuela and its dictator nicholas in an effort to increase the supply of oil on the market. lets bring in our panel also journal columnist kempster also, editorial board members kyle peterson. so why did saudi arabia make this a judgment after all the president had gone to the country earlier this yea...

power. water as well. were going to get a live update on what hell hear and see as well. also this morning, court is in session. its the first day of the supreme courts nine-month term with justice ketanji brown jackson making history as its newest member. the history-making docket, the justices have teed up, after their last blockbuster term. opening statements are under way in a trial involving the oath keepers. their founder and other members are the first capitol attack defendant...

government reported a second straight quarter of negative economic growth. so this complicated picture is why president biden is pushing back against talk of a recession. >> with both senator schumer and manchin. thats consistent with the transition to a stable steady growth and lower inflation, but if you look at our job market consumer spending, business investment, we see signs of economic progress in the second quarter as well. >> joining us now to take a closer look at this, cnbc ...

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Power. water as well. were going to get a live update on what hell hear and see as well. also this morning, court is in session. its the first day of the supreme courts nine-month term with justice ketanji brown jackson making history as its newest member. the history-making docket, the justices have teed up, after their last blockbuster term. opening statements are under way in a trial involving the oath keepers. their founder and other members are the first capitol attack defendants to be tr...

Are conducted. and those are just some of the issues the supreme court will face and what looks like it will be another blockbuster term. >> unfortunately it is a term that well have to cover without you because today is your last day at nbc news. and im sure it has been a week of red cheeks for you and embarrassment, but i have to just say from one who has had the joy of working with you only a brief couple of years, it has been a true career highlight to toss to you. i know i spoke for even wh...

More reporting. i know youve been working your sources. what have you learned? >> reporter: this announcement is coming quite early. there are still five months left in the supreme courts term. most justices that have announced their retirement in the past havent done so until at least march. the 83-year-old justice has said in the past he would consider two things when deciding to leave, his health and the court w. no known health issue it is clear the court is his main reason for leaving after...

Court. and i think we are looking at a situation where there will likely be four women on the supreme court for the first time in history. it wasnt all that long ago that there were no women on the supreme court. youre looking like the only liberals will be women, sonia sotomayor and elena kagan and president bidens nominee. the voting will not be all that different at least in the short term. but this is a very big deal. this will be a considerable reinforcement for justices sotomayor and kagan...

It is now solidly 6-3 in favor of conservatives. weve seen justice breyer in recent weeks join fiery dissents with his two other similarly minded justices. sonia sotomayor and elena kagan, in the vaccine mandate case that came from the biden administration and dissents in the decisions allowing the texas abortion ban to stay in place. so justice breyer has been outspoken but there is still a lot more work to do in this term and now theres work to do for the white house, determining who will be t...

Retirement in january is plenty of time to seat someone by the end of the summer. >> but hes not retiring until the end of the term, right? >> well, but the process will move quickly. one of the questions of senator durbin will he hold hearings on a nominee before theres an official vacancy. thats been done in the past. all that have will have to be worked out. the time is not a problem for the democrats and its worth keeping in mind that the president of the united states is someone who knows a...