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confirmed that assessment. in the letter to top house lawmakers this afternoon. all of this after federal court yesterday unsealed the 38 page affidavit used to justify the search. the latest on this just ahead. two other stories where following tonight, federal reserve chair jerome powell is warning of quote some pain for americans as the fed tries to bring down inflation. the dow fell more than 1000 points yesterday after pals comments. this, as the white house defends its plan to fo...

>> laura: he was not shot at and came revision. the lies, i can catalog them. he became president and lied about stupid stuff that is easily checkable, like the price of gasoline. >> president biden: most common price of gas in america is $3.39, down from $5 when i took office. okay, gas was only $2.39 when biden took office. then totally because of anti-oil and gas policy, hit highs of $5, as we recall. he lies about the deficit, saying he redulce sloaned it and expendituresing increased that, ...

Its tied up in those companies. and so weve already seen him sell a lot of tesla stock, and hes gotten a lot of money from his friends like larry ellison and what not. but theres two questions in my mind. one, are those folks still going to pony up, right? hes spent the last couple of months trashing twitter publicly, so they may say i dont know if i want to go through with this. we dont know what the terms of their agreement are. but, second, hes still billions of dollars short, so hes either g...

Jerseys, sponsors want to be associated with the game, and most importantly, tv subscriptions and viewership. so as in any entertainment industry, people pay to watch the big stars, and thats where the big stars, and thats where the money grow takes too. so the money grow takes too. so the numbers that you equate with the if i dont particularly surprise me, and transfer fees tend to be around about the level of 20—25% of the money thats in the game. and thats another important point, it circul...

2011, 1990 were presided by the inverted yield curve. what does that mean to you. >> there is big academic lit tour. really i think in the end that what ive learned about watching recessions now about 30 years is that usually what happens is that you just wake up one day and you get one. you could make a chart the next time i come on of what jobs data looked like before a recession. what happens you is cruise along in the hundreds and all of a sudden boom a negative number. and so you might reca...

Senator -- five rib fractures and bruised lungs. >> juli briskman out of a job for flipping the bird at president trump. she was riding her bike when the motor kads passed by. the photo went viral. the she used the picture on took and twitter pages but her company saw it and she was fired for violating the firms social media policy. that will get you every time. lets check on cnn "money" stream this morning. global stockmarkets mostly higher after another record day on wall street. the do you,...

Record day on wall street. all three major eindexes hit highs. mnuchin says hes hopeful tax reform will happen this year. he says the administration may make tax cuts retroactive. apple introduce ago trio of new iphones including a premium version worth about $1,000. it debuted its iphone x. the anniversary phone has an edge to age screen, scans your face to log in. if customers dont want to spend a grand, apple unveiled the iphone 8 and 8 plus. middle class americans got another raise last ye...

Third straight day. the dow ending 204 points lower, a tough day for the dow. the nasdaq and s&p lower. traders said that selling was orderly heading into the final day of trading for the week, all major indexes down 1%. the nasdaq down 2%. investors moved to safe haven assets like gold. precious metals hitting a two-month high. a yield on the treasury touched a six-week low at 2.21%. what had been a start at the trading, defense stocks turned negative. missile makers raytheon and lockheed-marti...

Confirmed. >> i think thats right. in stark contrast to the deputy attorney general who was almost unanimously confirmed and sort of had broad by partisan support, so rachel brand is clearly extremely smart. shes covering issues and she always seemed to be a straight forward person, but also a republican. she was not, i would say, the sort of trump supporter model. shes a traditional republican conservative person. and so she is -- shes not a jeff sessions type for example. so it will be interes...

Ive had some dealings with her in those various roles she had in covering issues over the years. and she always seemed to me to be a straightforward person, but also a very conservative republican. shes not, i would say, the sort of trump supporter model. shes a traditional republican, conservative person. and so she is -- shes not a jeff sessions type for example. so it will be interesting to see what she does. >> i thought she would get on the record because this story has been moving so quick...