over 3% in december. we spoke to investment manager shanti kelemen. she told us the fall in shop prices is a positive development, as the bank of england weighs up when it can start cutting the cost of borrowing. i think it s absolutely good news. i mean, one quirk of psychology is that even though inflation isn t going up because prices arejust sort of constant, it might not feel a lot better because the price is still higher than it was two years ago. with the changes and how people are expecting the future to unfold, the interest rates people pay our mortgages have already fallen a bit, similarly the rates the government is paying for borrowing are also coming down a bit from last year, so that in itself will provide a little bit of relief, even before the bank of england changes interest rates. but will that downward trend in shop price inflation continue? we all know about the supply chain disruptions in the red sea. and the picture could be further complicated from toni
the world. i m paula newton. ahead here on cnn newsroom, another mass shooting in america, this time in texas where at least eight people are dead after a gunman opened fire in a shopping mall. a new weapon enters the battlefield in ukraine. the country saying it used an american made patriot system to take down a russian missile flying ten times the speed of sound. plus a celebration that, yes, for a king. charles iii crowned in a ceremony full of pomp and pageantry. we ll have the highlights and break down the celebration yet to come. announcer: live from cnn center, this is cnn newsroom with paula newton. and we do begin in texas where eight people have been killed in the latest mass shooting in america. authorities say a gunman opened fire at an outlet mall near dallas on saturday. and it happened as dozens of people you could imagine they were just out shopping for the day. one witness filmed the horrifying scenes from the rampage, which we warn you, may be d
of a football season with a military deployment. he address that at his press conference. earlier this week i made a statement about playing football and the military. it was a very poor choice of words. and i want to express that to any sentiments out there that people may have taken it in a certain way. so i apologize. didn t elaborate further than that. said he knows the difference between the two. smart to apologize. great to see you, carolin. new day continues right now. 19 days until the midterms i m john berman with brianna keilar. some democrats have been keeping their campaign distance from president biden but he traveled to battleground pennsylvania, touting his infrastructure law and raising money for democratic candidate john fetterman. fetterman is neck and neck with mehmet oz in a race that could determine control of the u.s. senate. today he ll be in delaware talking about the student loan relief program. another hotly contested senate race is in ge
comcast business. powering possibilities. hello, everyone. it is the top of the hour. thanks so much for being with us. i m kate bolduan. it is the storm impacting pretty much everyone in one way or another across the country today. more than 200 million americans under windchill alerts and holiday travel plans are getting much more complicated by the hour for so many people. life-threatening cold has pushed all the way to the gulf coast and the mexico border and with more than 70 million americans facing temperatures below zero today, blizzard warnings remain in effect for more than 11 million people, mostly near the great lakes. areas near buffalo could see up to three feet of snow. they ve been getting walloped already this season and making matters worse, the damaging winds that knocked out power for more than a million customers from texas to new england, all of this is wreaking havoc on typically one of the busiest travel days of the year. more than 3,900 flights have
there are winter storms and then there s this, an historic co coast-to-coast arctic blast packing the power of a category 2 hurricane and whether it s blinding snow or subzero temperatures just about everyone out there is feeling it. more than 200 million americans right now under winter warnings or advisories and looking at that map, the more purple you see, the colder it is. and the timing of this is simply terrible. holiday travel where it s even possible is a mess as you would guess. thousands of flights are canceled right now and you can forget about driving in a lot of parts of the country. in new york the snow and flooding are so bad all n nonessential travel is banned right now and in rhode island, massive waves hammering the coast. street flooding there a big concern. and blizzard conditions are also making for some white knuckle driving in ohio and cleveland. it s going to feel like minus 27 all day. and in the south, well, that s where you ll find a lot of ice and