Impact Inflation News Today

the u.s. striking three facilities in iraq used by iranian backed militants. >> carley: the act of retaliation comes after three u.s. service members were hurt in an attack on a base in northern iraq. >> griff: right now black smoke rising over gaza. the intense fighting comes after irans president issuing a threat against israel after one of their commanders was killed in syria. david spunt is live in washington with the latest tracking all of it for us. hey, david. >> hey, griff, hey...

inside an open air drug market to expose what is ravaging our cities and how front line workers are fighting it. >> sandra: thats all new as "america reports" heads into a second hour. sandra smith in new york, great to be with you, john. >> john: good to be with you as well, and its friday eve. john roberts in washington, begin with the fox news alert. >> people need to be conscious of the rules regarding classified information and appropriate handling of the, the rules are there for ...

there to receive her body. with me now is kier simmons, tim york. kier, glad to have you with us at this really somber and emotional moment for people in the uk who are now for the first time seeing the queen arrive to a place that she called home for decades. >> reporter: thats right. i just drove along that same route that the queens hearse, the state hearse, glass windows to make it easier for people to see the coffin as she passes by. i just drove that route and people were lining ...

here. stick around to see meaningful space speak mode to learn everything you need to know about the artemis 1 launch. then, for decades, the antiabortion movement had most of us convinced we were living in a so-called pro-life country. lets just marketing. a fall, overall americans are learning the truth about abortion. spoiler, alert abortion rights are popular. how we got to where we are and what it means for this years elections, ahead. velshi starts now. good morning, it is sunday...

hours. whats the latest? >> democrats are now on pace to pass this bill, probably within the hour. this after a marathon voting session that started at 11:30 p.m. eastern time last night, has gone all through the night into the afternoon, and after some last-minute drama, within their own caucus, democrats have resolved those issues, and now are pushing ahead to final passage. that drama caused by concerns initially raised by kyrsten sinema of arizona. the 15% corporate minimum tax. sh...

all 50 senate democrats supported the bill with vice president harris casting the tie-breaking vote. the bill will now head to the house to where democrats also hold a razor-in majority. what does this mean for the next steps? lets get right to chad pergram live on capitol hill with the details. >> reporter: arthel, a political high wire act. all 50 democrats sticking together and then leaning on vice president harris to break the tie to pass a touchstone of president bidens legislativ...

news that we have heard about marc short, that hes testified in the dojs probe. what does that signal to you about where the investigation stands? >> well, i mean, i look at it and it says obviously there is some interest. there was a lot of frustration, just kind of personally, for the last, i guess, year and a half, like whats doj doing? i think our investigation, though it is not a criminal investigation, certainly has brought some things to light that doj is watching, and it seems ...

time, stjames park will be bouncing for the champions league. the equation for newcastle tonight is a simple one, they have to win and even then that might not be enough if paris saint—germain beat dortmund. notice that milans maps is pretty much the same. newcastle win at psg dont and newcastle will go through. but for a hotly debated penalty in paris a fortnight ago, newcastles destiny would be in their own hands. but their manager still feels they have nothing to lose. i still fee...

Directly impact inflation. a lot of pressure on the federal reserve. so the reason that president trump did not want powell to raise interest rate while he was president is because he knew it would have this negative effect on workers. and it might cause crashes in the stock market, which trump watch very closely. now we are in a situation where someone has to pull the band-aid off and it will inflict political pain on the biden administration, there is no question. on the other hand i think jer...

Always wants to see how question work across the aisle. but this bill was just straight party line here in the senate. i expect it will be as well in the house. and i think speaker pelosi and the house democratic caucus will quickly pass it. theyll come back into session soon, pass it and send it to the presidents desk. >> so this is being called the inflation reduction act. so how specifically will this impact inflation right now? >> it does several important things. it pays down the deficit by...