Catherine Pell News Today

The firing o james comey. Also more unflattering stories out today in the New York Times and Washington Post. They detail trumps tense relationship with the former fbi director, with tales of unpleasant hugs. Lets start with Peter Alexander at the white house. What is the white house hoping to get out of this first stop to saudi arabia . They cast this as a historic opportunity as this official described it to me. Its an opportunity, this trip is, with stops at the vatican, israel, and saudi ara...

Crystal ball to tell us the answers. >> i wish. >> right? always good to have you put it in perspective for us, catherine. >> thank you. just ahead, explosions rocked jerusalem. a teenager is dead. well take you live to israel on this developing story, next. in fact, subaru is t the largest corporate donor to the aspca... ...and the national park foundation. and the largest t automotive dor to meals on wheels... ...and make-a-wish. get a new subaru during the share the love event and subaru an...

>> i dont cut back at christmas. >> reporter: how many more stores? >> maybe five more. >> reporter: five more? shoppers are certainly looking for a holiday deals. they will find big savings this year. sales will run a lot longer. thats because retailers are trying to off-load excess inventory. if you remember last year, retailers had a hard time getting nevin tower behave supply chains. one major change coming to retailers this year, is theyre doing away with free return shipping. that is becau...

Federal reserve just raised interest rates for the first time since 2018. the quarter of a percent increase increase marks the end of the feds near zero rates seen during the height of the pandemic. >> lets join matt eagen and catherine pell. >> we know inflation is on fire and the good news is as of 2:00 p.m. today, the firefighters has arrived on the scene to try to put this blaze out. the bad news though is that it feels like theyre pretty late. inflation has been really hot for a while now a...

Seen oil prices go up, sorry, come down by more than 20%, yet gasoline prices have actually gone up a little bit. now energy experts ive talked to say thats going to change. we should see the national average come down 20, 25 cents a gallon, but its going to take some time. i think the fact that the president is tweeting about sort of the intricacies of how energy markets work really says a lot about how closely they are following gas prices. how much frustration they have with this energy issue...

Economy. rates are still low, so they are taking away support for the economy and i think the question right now is whether or not theyre moving with enough urgency given how hot inflation is right now. 40-year high for consumer prices. theyre signals theyre going to have to raise rates a lot more times. six more types this year. next year as well. a lot is riding on whether or not they get this right. >> catherine, whats your take? >> i think the challenge the fed has is they want to slow down ...

President trump will be leaving behind and array of controversies and investigations. but as "the washington post" catherine pell writes -- they are all of trumps own doing. she joins me now. and nicholas is also here. guys, when we say hes leaving behind, we mean hes going on his foreign trip and leaving behind a number of controversies. lets start with your piece. you say the president is the maker of his own mess. >> yes. absolutely. we have seen crisis after crisis, all self-inflicted by tru...