Page 2 - Inflation Problem News Today

defamation, claiming the network pushed a, quote, fantastical story about him. >> well, they did day after day after day. >> how many lawsuits? >> ray epps and his wife have had to move to an undisclosed location because their life has been threatened so many times because of the lies that a former fox news host told about them. new this morning, hollywood actors are swapping scripts for picket signs as failed negotiations late last night set the stage for another strike in the enter...

as further allegations against the presenter emerge tonight, well ask where this crisis goes next. and there are further questions for the sun — including — why will no one from the newspaper talk to us? today, the bbc�*s director—general did speak. clearly these are damaging to the bbc. it is not a good situation. also tonight. the government faced down mps who wanted to dilute its illegal migration bill. but could there be more challenges to come? well talk to a conservative ...

prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga—liv merger. welcome to world business report. lets start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher f...

to mike tobin in chicago on the holiday crime surge showing no signs of ending. mike? >> starting in philadelphia, edward, identification of the gunman through the official channels. no answer for a man walking up the street in philadelphia and randomly shooting at people. the man had an ar rifle and 9 millimeter pistol and ski mast. he had a scanner to listen to the police. his first victim fled into a house and died of his gunshot wounds there. more information about the investigatio...

p9p up and south—west and then it starts to pep up later in the day. it could affect the south east and wimbledon. further north showers will sink southwards and there will be sunny spells in between. a mixture of sunshine and showers for much of the country. at the moment, it doesnt look that great for wimbledon, we could have thundery downpours at times, a lack of sunshine and temperatures in the mid—teens. this developing area of low pressure could swipe the south—east as it m...

loud and dangerous but must be handled with care like when the leader of the free world gets confused by the biggest story of the year. >> reporter: to what extent has vladimir putin been weakened by recent events? >> its hard to tell, but hes clearl-y losing the war in iraq. tom: sorry, mr. president, theer war isry in ukraine.t some stories are like cherry womans -- bombs, if youre not paying attention, they can snear up on you like this fisherman and this gator. [background sounds]>...

loud, and dangerous, but must be handled with care. like when the leader of the free world gets confused by the biggest story of the year. vladimir putin -- >> sorry mr. president, the war is in ukraine. some stories are like cherry bombs. theyre not as dangerous but if youre not paying attention they can sneak up on you like this fisherman and this gator. [inaudible conversations] oh -- >> and some are roman candles they fizzle out like this rhode island democrat who keyed a guys car ...

loud, and dangerous, but must be handled with care. like when the leader of the free world gets confused by the biggest story of the year. vladimir putin -- >> sorry mr. president, the war is in ukraine. some stories are like cherry bombs. theyre not as dangerous but if youre not paying attention they can sneak up on you like this fisherman and this gator. [inaudible conversations] oh -- >> and some are roman candles they fizzle out like this rhode island democrat who keyed a guys car ...

parents montgomery county maryland gearing up for school board meeting hours from now. controversy brewing after district moved harris ability to opt children out of gender and sexuality lessons. >> trace: pushback in cases largely coming from minorities. >> why do we, as parents, not have the right to what our children are taught in schools? stop making this about hate. this is about parents having choice in childrens education. >> this issue has unfortunately ? it does put some, but ...

— lower but to put that into context it was at zero in europe this time last year. and in the worlds largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown — chief global economist at...