Retail Front News Today

candidates ready to take it on. we cant wait for that one. south carolina senator tim scott is here. former texas congressman will hurd is here. one is a lock for the debate. the other is getting close. guess who else is stopping by? none other than the chairman of the presidents council of economic advisers. republicans might be pounding inflation these days, but jared burnstein has a question for them. what inflation? what a show. it begins right now. welcome, everybody. im neil cavu...

war. i think the president is right not to go that far. but i think what ukraine is getting is very significant and very much more than most of the new allies have gotten. that is to take away the two condition requirement and make it one condition. the reason for that, neil, is that they are giving some much now in interoperability right now that it will be a smoother entrance for nato when the war is over. >> neil: that is the view from the former nato ambassador. what about the form...

weaponizing its attack line on donald trump, but he appeared to have given them plenty of ammunition. lets get the latest from rich edson in washington. rich? >> good afternoon, neil. much of the respect presidential field has criticized the department of justice over this. theyre also taking issue with the former presidents alleged behavior. his campaign says it raised roughly $2 million last night at a fund raiser in bedminster, new jersey just hours after the former president appear...

food prices too have gone up. nothings being done about it. >> its going to kill the people, these diesel prices. >> they have no -- i have no choice but to fill up my tank. theres no other choice. >> definitely too much. and it has to change, hopefully soon. neil: it is the story of the week, and right now it is hitting americans hard. im talking about inflation, and it is still out of control. heres how bad things are getting. were grateful if the rise isnt as dramatic as we had expe...

They save no recession in sight, what do you think? >> well, if you look at the real wage data which is the real measure of how people are doing, are there wages going up at the same rate as prices? the real wage data have shown very, very steady declines, average early earnings have declined, i think 25 months in a row now. what that means is you have less money to buy stuff. it did not show up in the decline in real consumption because people have all of that savings left over from the covid s...

Mean in everyday life? this week i visited a discount store in northern california, and heres what consumers are saying. >> rising prices are affecting me around every angle; gas, groceries, markets are down, cryptos down, everythings down. so im here trying to fight back. >> reporter: it was so disheartening to see how much people are struggling to buy the essentials. theyre so tired. and yet you could also hear some hope in his voice, hope that soon he will maybe find some relief. weve still g...

Last year, nearly half as many murders. as the season comes to a close retail season slogs on with shoppers running to stores in droves to return items or maybe hit up big sales. nancy hunger ford joins us from london. revisit that tweet from donald trump and his claim about the markets. >> thats right, donald trump was busy over the christmas holiday tweeting away the day after christmas, taking credit for the stock market rally. and potentially a retail shopping boon. he did tweet, the world...

>> yes. >> arent they going to say enough is enough, lets make this a comfortable ride afterall? >> its going to take a coup buy the customers. >> there is that much demand for air travel they can do this? >> cant walk to california from new york. >> no but i remember when things were tough and people werent flying, they were roll ought the red carpet, because of demand? >> and less flights and less supply, more demand, and people are doing more business around the country. >> well leave it ther...

Hillary clinton has been ducking the 2016 question. now bill clintons role. >> if you ran, what would they call your husband, first spouse? >> i have no idea. first mate. i dont know. good day, im andrea mitchell in washington. bad news on retail front. during this busiest shopping time of the year, retail giant said credit and debit of 40 million customers may have faced unauthorized access during a massive breach that started on black friday and went unnoticed. from that up to president obam...

Is smartphone today. 8 million people access facebook on their phones each month. >> great, theres so many already. on the retail front, samsung is setting up minishops inside best buy stores. rumors are swirling that apple has its own tv in the works, a 50-inch set you control with hand movements. hyundai and kia are recalling almost the million vehicles to fix problems with air bags and brake light switches. a disturbing report finds $700 million federal dollars is unaccounted for to help pe...