Letitia james said the donald trump show is over as his fraud trial continues. Trump wasted no time lashing out against the judge and the attorney general. No jury. You dont need the dramatics. I will not be bullied. The Biden Administration waiving 26 federal laws in texas to allow Border Wall Construction at the migrant crisis as new york and chicago ramps up. The failure of federal policies is now impacting the people of chicago in a dramatic way. There has to be limits in place. Mexico, of course hars to be and is our closest partner in this. Good morning, everyone. So glad youre with us on cnn this morning. There is a lot to get to at the border which has been a big part of this fight over the speakership and funding for that. And in washington, because we have no speaker still. Thats the problem. You make a great point. Policy implications here for a chime ber that quite literally cant do anything now and ukraine funding, border, Government Shutdown looming. This is real. Not jus
To come next from the fed. No signs of relief with the 10year still at 469. The 2year at 5 . We saw that yesterday morning on the hot data that was hotzer than had been anticipated. Price of bitcoin down substantially, just holding at 57,000. And then gold prices were down by 2. 3 yesterday. Theyd been hitting new highs, this morning sitting above 2,300 an ounce. Then you have crude oil prices with continued concerns in the middle east. At this point, down by almost 2 as well. Maybe that leads to questions about what the Global Demand is. 80 . 39 a barrel. Police cleared an occupied building. Columbias president has asked the nypd to maintain a presence until may 17th to prevent further encampments or okay pages. It was extraordinary just to watch the police going in there, taking these kids out, protesters on all ends of it. Its unbelievable. I know, obviously this is spreading across the country. It happened a little earlier in florida. It didnt seem quite as jarring for some reason.
Ahead of the open. Cloud sales growth accelerates the company also aims for spending more on a. I shares of starbucks under pressure theyre down after a decline in samestore sales it also slashed its forecast were going to be joined exclusive by starbucks ceo just a few minutes from now lets begin this new month for markets after ending a rough april with that selloff. Worst day since january 31st worst month since september 23. Some of it was because theres a belief that really, this happened in the last few hours yesterday that if the fed chief is asked the question, do you think that the next move should be increasing rates or decreasing rates, it puts him in a horrible bind . H what is he going to say . This was literally the narrative i heard yesterday as Interest Rates ticked up. You know that people are going to try to trap the chairman, but hes not easily trapped. No, hes not. Although youre not necessarily in favor of the press conferences, as i recall no, because these people
In many parts of the economy so our tools are well suited to work on that problem thats what were doing. Youre right, though, we dont the price of oil is set globally, and its not something we can affect. I think by the actions that we take, though, we help keep, you know, longer term Inflation Expectationsanchored and keep the public believing in 2 inflation by the things that we do, even in times when energys part of the story of why inflation is high. So the fed is facing two more ethics related incidents with the revision of the Financial Statements from president bostic and president bullard speaking at a closed event, so some senators like Elizabeth Warren are saying that this is a sign of greater ethics problems with the fed. Could you talk about what this does to the publicstrust in the bank and what the fed is going to prevent this kind of behavior from becoming common . Sure, so youre right the picks trust is really the feds and any Central Banks most important asset and anyt
Buildings, any homes, roads, gas and water lines there. Now, heres what we know. The 6. 0 magnitude quake hit about seven hours ago around 3 20 a. M. Local time. So people were fast asleep. They were jolted from their beds as stuff fell off shelves. Again, centered about 6 miles from napa. About 50 miles from San Francisco at a depth of about 6. 7 miles. Several fires broke out. This was right after it hit several buildings, particularly in the downtown napa area have been damaged. Including Historic Buildings like the napa county courthouse. There are damaged homes including five mobile homes that were destroyed from the fires. Now, napa Officials Say rescue teams have been deployed, especially after people became trapped in their homes. At least 87 people have been hurt. At least two, possibly three were hearing suffered critical injuries, and that includes a child hit by a falling fireplace and had to be airlifted to the hospital. Take a listen to the quake as it was captured on the