Hitting Consumers News Today

years, marking the central banks most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned its at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? >> reporter: well, victor, clearly inflation is on fire. today the federal...

versus what lawmakers are willing to do. im going to talk to a key republican negotiator next. >> and the fbi stepping in after an overnight arrest near the home of supreme court justice brett kavanaugh. well have the latest on the shocking threat. >> plus, pro golfers putting their reputations on the line for a paycheck. some say is blood money. ready to key off with saudi arabias new lead, ignoring the countrys record on human rights and the murder of a "washington post" columnist. >...

in ukraine a russian solider pleads guilty to killing an unarmed civilian in the first war crimes trial of the conflict. we have a special report on the talibans vice and virtue enforcers who have returned to the streets of cable. tonight with the context, former conservative ministerjustine greening and democratic strategist mary ann marsh. hello. welcome to the programme. inflation has hit a ao—year high. figures out today showed the rate at which prices are rising jumped 9% in the...

Allison kostick is at the new york stock exchange. >> reporter: were seeing green arrows across the board. the feds decision coming in line with what the market wanted. there was this growing chorus calling for j. powell to get tougher on inflation and powell looks to have done that today by raising interest rates. looks like the fed is responding to mays hot inflation number, something that was the last straw for the s&p 500 to enter a bear market. its down 20% for the year. the nasdaq has been...

Months to come. hat already that but even more in the months to come.— months to come. not a problem confined solely _ months to come. not a problem confined solely to _ months to come. not a problem confined solely to the _ months to come. not a problem confined solely to the uk. - months to come. not a problem confined solely to the uk. and l months to come. not a problem confined solely to the uk. and i | confined solely to the uk. and i want to show people just how hard it is hitting consu...

Holiday season, according to the national retail federation here. joining me is the president of the federation. thank you for joining us on thanksgiving. >> thanks for having me. >> i find is so interesting we have all these great economic indicators that i just mentioned, but you have them coupled with really painful inflation for people whether its at the gas station or the grocery story. that story, though, doesnt seem to be hitting consumers. theyre spending a lot of money. >> yeah, poppy, ...

Exclusive documents showing more than 30,000 migrants were released into the united states and are eligible for work permits. rodney scott served under president trump and biden and said the administration is misusing that authority. >> bill: wow. >> dana: the white house chief of staff supporting the idea that most of the economic problems like inflation and the supply chain are high-class problems. its hitting consumers across the board including nonprofits. our next guest runs a community gro...

Senate. so you know probably behind closed doors, a lot of democrats are watching the numbers closely. >> charles: theyre watching them closely. last week, the american consumer is just strong. holding up america and the planet, really. if they talk recession and it doesnt happen as november 2020 and its still going like this, isnt that an instant loser for them? >> its definitely going to make their message harder. trump is vulnerable in 2020. even if we do enter a long-term slow down or a rece...

Econom economic advisers like larry kudlow who could barely contain his enthusiasm. >> high jobs, high -- [ inaudible ] and no inflation. were killing it on the economy. >> reporter: which may explain where the trump administration is dialing back on its trade war with china. as commerce secretary wilbur ross praised the presidents move to spare u.s. consumers during the upcoming holiday shopping season. >> nobody wants to take any chance of disrupting the christmas season. >> reporter: just one...

Comcast, building americas largest gig-speed network. 5:45. lets get a check on "cnn money." data breach hitting consumers. hackers stole information of 5 million customers at saks and lord & taylors customers. the breach did not hit online stores. the cybersecurity firm identified the leak, but the