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Job creation and inflation that hit a 41-year high last month. >> president biden: 70% of the increase in inflation was the consequence of putins price hike because of the impact on oil prices, 70%. we need to address these high prices and urgently for working folks out there. >> inflation was on the rise prior to the invasion of ukraine. mortgage rates have hit 5% for the first time in over a decade. the combination of rising mortgage rates, elevated home prices and tight inventory are making t...

Riverside, california, 48%. we see 30% plus in vegas, new orleans, richmond, phoenix another hot one. the problem is they can see rates are at record lows and at the same time, demand is stronger because some would-be home buyers have been priced out of that hot housing market. all of this is adding to really high inflation. as we know, the fed is trying to cool off inflation by raising interest rates, perhaps rapidly, but that is setting off shock waves in the housing market. weve seen the mort...

General, i think trump wins more reasonable democrat dads then biden wins on that side. >> capri: its a billionaire media blitz. 2020 democrat michael bloomberg and tom steyer have been saturating the airwaves by spending nearly $200 million combined so far on political a ads. dana, you know that a lot of the socialists in my party are not huge fans of billionaires. do you think this is something thats going to be -- is it going to be held against? >> dana: have to walk a little bit of a tight r...

News. the economy is robust. new numbers showing the gdp grew at a rate of 4.1% last quarter. thats the strongest growth we have seen in nearly four years. christina aleshi is here to break it down for us. >> will it continue for the rest of the year? president trump promised that. he made it sound like this is some historic record that we have never seen this growth before. thats not true. we have hit 4% under the obama administration. we have hit 5% on a quarterly basis under the obama adminis...

These two combined hit five home runs in extra innings, first time ever been done on a regular or post season. world series heads for houston game 3 is on friday. unbelievable, heart stopping drama. what a game. >> im getting into it now. >> you better. friday night. >> okay. lets get a check on cnn "money" stream this morning. local stocks mostly higher after wall street pulled back records. the dow and s & p 500 suffer the the worst day in seven weeks. overall earning season has really been st...

Tie it up again. we go to the 11th. george springer belted a two-run homer lifting the astros to the first world series win in franchise history. two teams combined to hit 5 home runs in extra innings, thats the first time its ever been done in the regular or post season. they now head to houston for the next three games beginning on friday. consider theres more than 2400 baseball games every year and that has never happened. >> whats exciting now, the series is really. >> once someone wins a ro...

So theres the individual mandate, how do you even force it, ho do you apply to it, who is exempted from it. there are instructions in the law of obamacare how the insurance plans must be designed. they have to cover maternity coverage, mental health services. how do you define that. thats up to the department of health and human services. and the president can give instructions on that. but he cant exactly dismantle obamacare on his own, but he can certainly roll back shof the regulations that h...

Exxon mobile and chevron lost 2%. some smaller players were hit 5%. they dragged the stock market down with them. oil prices in a tailspin. sitting at a five-year low. $61 a barrel. yesterday, opec slashed the forecast for oil demand for next year to the lowest in 12 years. prices could keep dropping to $48 a barrel. >> the supply, with shale and everything else going up. >> at what point does the output slow down? oil producers not make money at $40. >> opec says it is not turning off the spigo...

Postulate what type of health risk and low dose exposure may have generated for this and quite honestly, its not going to threaten the population as a whole. you know, but you know, well have to wait and see, but i doubt if were going to see a significant risk of global contamination from this instance. >> harris: not the sort of situation that you described in japan, a very, very tender thing to watch there, with the nuclear meltdown looming, thats what the scientists keep telling us. james, se...

Risk and low dose exposure may have generated for this and quite honestly, its not going to threaten the population as a whole. you know, but you know, well have to wait and see, but i doubt if were going to see a significant risk of global contamination from this instance. >> harris: not the sort of situation that you described in japan, a very, very tender thing to watch there, with the nuclear meltdown looming, thats what the scientists keep telling us. james, security and defense analyst, th...