Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administration and for the Election Campaign for Vice President kamala harris, and makes it must certain the federal reserve will cut Interest Rates when it meets next week, but for the markets it is a different story and you see th
Burner as the Biden Administration and Senate Democrats push forward on a cody relief bill that some lawmakers and even leftleaning economists say could actually hurt the economy in the long run. President biden saying today its an easy choice, pointing to the latest jobs numbers as proof there is no time to waste. This as he met with 10 republican senators earlier this week who proposed a Counter Offer to his nearly 2 trillion plan. White house correspondent Kristin Fisher has been following it all. She joins us live from the north lawn from the white house with the latest. Good evening, kristin. Good evening, bret. The week started with President Biden meeting with republican senators and hoping to cut a deal. But it is ending with the president giving his strongest signal yet that he intends to move forward with his relief plan without republican support. Im going to act. Im going to act fast. In his most fiery defense of his 1. 9 trilliondollar relief plan, President Biden made it
Indictment. Special counsel jack smith requested a protective order after trump posted on social media, quote, if you go after me, im coming after you. Smith wants the judge to limit trump and his legal team in terms of what they can publicly discuss about that sensitive evidence in the election interference case. Former Vice President mike pence, who is now challenging his former boss for the republican president ial nomination, testified in the special counsel investigation of the case, and he may again get called as a witness if trump goes to trial. I have no plans to testify, but, look, well always well always comply with the law. But, look, i want to tell you i i dont know what the path of this indictment will be. The president s entitled to a presumption of innocence. Hes entitled to make his defense in court. There actually are profound issues around this pertaining to the first amendment, Freedom Of Speech, and the rest. Im confident he and his lawyers will litigate all of thos
you are a sound of music fan out there, it s how do you solve a problem like george santos. he was only sworn in a few days ago, but the republican congressman who lied about, well, where he worked, where he went to school, about being jewish. remember, when he said what he meant was jew-ish? now he s in hot water with members of his own party back in new york state. i ll talk to two new york republicans who are now calling for him to resign. but as the chorus for calls for him to step down get much, much louder, the congressman is trying to shut it down by saying this. i will not. he will not. well, there s also another batch of classified government records found by president joe biden s legal team. that s after the initial discovery of those classified documents in his one-time office in washington back in november. so where were these new documents found, and what s in them? and, frankly, how long have they known about this set of documents as well? plus, a republ