at the highest levels of inflation in 40 years and prices are soaring, especially at the gas pump which just set another record high this morning at $4.40 a gallon. the markets already reacting. yesterday the dow tumbled for the fourth straight day as investors began to sour on the u.s. economic outlook. some on wall street warning of a recession because of inflation possibly as soon as next year, mika. that s one reason why president biden addressed it in a major white house speech, calling inflation his top domestic priority and trying to shift blame for rising prices by attacking republicans and what he calls their ultra maga agenda. he also blasted their policy ideas as extreme and said they would make inflation worse, not better. really ask yourself how well are we going to sleep at night knowing that every five years maga republicans, if they re still republicans as i said, this is not your father s republican party. if we re going to have to vote on whether you w
Be sure to tune in this sunday for the state of the union. It all starts at 9 00 a. M. It all starts at 9 00 a. M. Eastern. Captions by vitac www. Vitac. Com breaking news. Not backing down. Forced out over Domestic Abuse allegations. Kelly said he has nothing to even consider resigning over, even over a growing controversy over White House Security clearances. Strayed wars. A day after sending World Markets into a tail spin, President Trump said trade wars are good. Will merge products be targeted for retaliation . Angering his allies. The president s position on trade, guns, and even his own
attorney general are angering his allies. Does he risk losing key advisers . And powerful supporters in zmong and russian sedructress. She can provide the missing pieces. Youre in the situation room. Breaking news, President Trump has arrived at his florida retreat. He cant he is came the chaos hes been creating in washington. Chief of staff john kelly is caught up in the controversy but says won
Think markets could revolutionize the way we think the world. Will come to. Us all prices hit a 4 month high for. The Worlds Largest crude Processing Plant in saudi arabia over the weekend it was the biggest since the go for in 1901 brant crude initially shot up 19 percent before retreating to around 67 u. S. Dollars a barrel still up 10 percent from last week u. S. Senior official blames iran for the attacks president. U. S. War was locked and loaded for a potential response also approved the real release of us all reserves these are the images that have sparked political and economic turmoil Around The World saudi arabia has Largest Oil Refinery up in flames half of the countrys oil
production slashed at least temporarily in one fell swoop appearing on a t. V. Station sympathetic to their cause who is based in yemen said they carried out the attack there supported by iran an arch rival of the United States the american president posted a belligerent tweet in response there is reason
(Bloomberg) China’s central bank projects a modest rebound in consumer costs, as the world’s second-largest economy battles its worst streak of price drops in years.Most Read from BloombergEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaXi’s Markets Shakeup Surprised Insiders, Showing Alarm Over RoutTesla Asks Which Jobs Are Cri
Washington, D.C., formally approved regulations that would effectively ban the sale of gas-powered cars in favor of electric vehicles, following the lead of several states like California.