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July 7, 2024
not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the -- you know what it feels like when you buy things. consumer prices are up substantially. fastest pace weve seen since 1981 back in reagan years. >> you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages arent rising at the pace of inflation. you look at a pay cut of 3.6%. >> if you cru...
July 7, 2024
what a crazy day in the markets and for the economy. just when we thought the inflation news couldnt get worse, it did. a sign of what is coming. wholesale inflation that makes you think wait a minute. the retail inflation that is bad could get worse. susan li with more. >> the dow down sharply this morning after the near record high inflation numbers for producers. wholesale prices coming at 11% higher than last year. you couple that with the steepest consumer price increase and 41 ye...
July 7, 2024
miami-dade, duval, martin and clay countys. miami-dade is one of the biggest school districts in the entire country. it has more than 300,000 students in it. this change has major implications for the education in the future of millions of young people. its not just happening in florida. a texas school board that flipped to the republican party earlier this year is already working to change things. they voted to ban race, hatred and gender cult ideologies in schools. lets say youre a r...
July 7, 2024
it is "america reports" with the second hour and im john roberts from washington happy we can partner you. >> gillian: that is a great reminder i was having so much fun with you. >> im glad i could brighten your mood. >> gillian: thank you. it is great to be with you and everyone at home, am gillian turner in for sandra smith. that teacher of the year for new york state coming up including that spirit the critics say his obsession with social justice cost him his job. he ended up bo...
July 7, 2024
economy while railing against the republicans. watch. >> when it comes to doing something about inflation, republicans said no. i dont want to hear from republicans. they blew up the definite it is. 10 million jobs have been created since i was been president. guess what? gas prices are down $1.30 a gallon. >> republicans hammering red hot inflation at the roll-out of their commitment to america agenda, which they say they will carry out should ney take back the house. >> can i afford ...
July 7, 2024
drawers in the office there. the report also says agents searched former first lady melania trumps closet. trumps attorneys told the post agents would not let them inside the building to observe the raid. a laundry list of questions left unanswered at this point. silence from the d.o.j., at least until now. and from attorney general merrick garland himself. not a word. republicans are now demanding an explanation saying the american people have a right to know what sparked the raid. >>...
July 7, 2024
at former president donald trumps mar-a-lago estate, about two days ago. the new york attorney general is ramping up the civil investigation into the trump family businesses. a lot happening. hello, welcome everyone. mike, great to have you again. >> mike: great to be working with you, im in for john roberts in washington. former president trump taking the fifth amendment when questioned under -- after the deposition of two of his children, comes on the heels of an unprecedented fbi ra...
July 7, 2024
arguing that the doj must explain. "the difference between a free republic and a banana republic is not whether the powerful could be held to account but whether the powerful are held to account legitimately. its not a pretext for ulterior motives. does the department of justice understand this?" the jury they stay is still out. that as representative jim banks and other members of congress travel to new jersey to meet with the former president. banks says on the issue of running in 20...
July 7, 2024
make it all. lydia? >> hi, charles. a month of cooling prices, certainly encouraging news for consumers that welcome the relief. theyve probably noticed gas prices coming down at the pump. there are still concerns that inflation could turn around and tick back up as theres other elements like housing, rent prices are still very high and should by said one month of cooling prices does not a trend make. consumering still notice how theyre paying through the nose for a lot of items. gas p...
July 7, 2024
plus, tennis superstar serena williams, her major announcement about her future on the court. >> announcer: this is "nbc nightly news" with lester holt good evening im tom llamas in for lester tonight we are getting new information on that hours-long search of former president trumps mar-a-lago residence in florida with heightened security, we see it right here, flanking the compound nbc news reporting the search was tied to classified materia trump allegedly took from the white hous...