Page 21 - Inflation Problem News Today

reduction act, would be the largest investment in energy and climate programs in u.s. history. for the first time it would give medicare the power to negotiate prescription drug prices, cap medicare out-of-pocket costs at $2,000, and extend expiring health care subsidies for three years. but before any of that happens, it must get approval from the senate parliamentarian to proceed with a filibuster-proof reconciliation process, allowing democrats to pass the bill with just 50 votes...

a im aishah hasnie. alex alexandria hoff from washington. >> the chinese foreign ministry has imposed unspecified sanctions on speaker pelosi and her family. while in tokyo yesterday, the speaker says that chinas action are part of an effort to isolate taiwan and she said her trip did not change to the statues quo. and calling the exercise in the taiwan straits a grave problem and several missiles landed in japans exclusion zone. here is antony blinken. >> since china has launched a do...

wind at their backs. im john berman, brianna is off, cnn chief white house correspondent kaitlan collins here this morning. >> wind at their backs, we will see come november, i guess. >> a little. theyre hoping wind at their back this morning. what democrats are looking at the reason they might feel this way is based on the results of special elections here in new york. cnn projects that democrat pat ryan will win the battleground 19th district, a district that joe biden narrowly carri...

enough. plus it is primary tonight in two big states with redistricting in new york forcing out a near 30-year incumbent. and a familiar face to florida voters looks to unseat governor ron desantis. nothing like an election night when numbers start rolling in we start with our chief political anchor bret baier at the big board to break down the races. >> haitian on lot of activity one of the biggest races were following is in new york. its not a primary race its actually a special elec...

yes, that investigation goes all the way to the top. and the fed all but certain to jack up interest rates this afternoon. but how big a hike will tell us a lot about the inflation problem. as new numbers on housing and what were buying spell more economic trouble. up first, the details that point a glaring legal spotlight at the former president donald trump. this banner headline courtesy of the "washington post," the justice department investigating trumps actions in the january ...

revealing new details about the justice departments criminal investigation into the capitol riots. >> i am aware of other white house officials who have been reached out to by doj and are planning to cooperate. >> oh, really? >> yes. >> how worried should donald trump be? >> first, a cnn exclusive. the biden administrations new offer to russia. they will, the u.s. will, give putin back a convicted russian and let wnba star britney briner and former marine paul whelan come home. thats t...

good morning. the governor of the bank of england has defended the decision to raise interest rates, saying theres a "real risk" of soaring prices becoming "embedded". yesterday, the bank warned the uk will fall into recession as it raised interest rates by the largest amount in 27 years. the uk economy is forecast to shrink in the last three months of this year, as the bank predicts a recession that will last well into next year. the bank says that sharp increases in energy prices wil...

experiences its biggest ever outbreak of avian flu. good morning from birmingham, where england are celebrating a double diving gold — one for the teams teenage star at her first commonwealth games and another for the most experienced diver retaining his title. its friday the 5th of august. our main story. a hosepipe ban will come into force in parts of southern england later today, as recent extreme temperatures and a lack of rainfall continue to put pressure on waterways and water ...

as parts of europe face a drought, the first in a series of hosepipe bans is due to come into force across the south of england to try and tackle water shortages. the american conspiracy theorist alexjones has been ordered to pay more than $4 million in damages after losing a defamation case for falsely claiming the sandy hook shooting was a hoax. hello, and welcome if youre watching in the uk or around the world. in the uk, the governor of the bank of england has defended the decision...

>> john: begin "america reports" with form president trump under investigation by the justice department as the agency appears slow to act on the current presidents son, with one republican senator now alleging a cover-up. john roberts in washington. good to be with you again. >> sandra: we made it to wednesday. im sandra smith in new york. "washington post" reporting the justice department is looking into the former president as part of a criminal probe of efforts to overturn the 2020...