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July 7, 2024
nearly three decades. all, of course, in an effort to slow slowing inflation. in hours, the fed expected to announce raising rates by 0.75. that will make it more expensive to pay for things like a mortgage. the biden administration under growing pressure to do more to avoid a recession. retail sales fell last month. consumers feeling the squeeze from the record high gas prices, inflation and already rising interest rates. lets begin our coverage with cnns matt egan live in washington ...
July 7, 2024
years, marking the central banks most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned its at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? >> reporter: well, victor, clearly inflation is on fire. today the federal...
July 7, 2024
radicals. you cannot intimidate the supreme court. >> hunter biden bragging about all the power he has over your president. >> [inaudible] >> joe biden has said that hunter biden is the smartest man he knows. >> offering free meals to veterans kids to help flight inflation. >> cool thing about this is a lot of things texas buy somebodys pizza on me. i dont need any credit. ♪ ♪ ♪ >> brian: we continue to bump in on charleston, south carolina, its a wonderful town which im recommen...
July 7, 2024
at least 25 states. and now, the water outages just as this heat moves in. will carr near yellowstone tonight. ginger zee timing this all out. also tonight, on the eve of a major meeting of the federal reserve, the fed considering the biggest interest rate hike in nearly 30 years. what this could mean for american families. the effort to cool down inflation. can it be done, though, without sending the country into recession? and tonight, families across this country, the father with ...
July 7, 2024
im brianna keilar with john berman this morning. we begin with major news just in, president biden will officially be making a controversial trip to saudi arabia. what was really an open secret is now being confirmed by the white house. the middle east trip next month will include visits to israel as well as the west bank. >> the controversy surrounds what biden said as a candidate, he vowed it punish the kingdom and make the saudi crown prince a pariah for the assassination of journal...
July 7, 2024
what trumps innermost circle thought of his election fraud lies. detached from reality was the polite way of putting. president biden wrapping up a speech in philadelphia to the aflcio convention. the presidents argument, times are tough, but he should be trusted to get us through the economic pain. and the president got political saying a republican wave in november would bring a renewed attack on two sources of security. the president says republicans would put programs like medicare...
July 7, 2024
the gains since biden took office. >> bill: the biggest rate hike in three decades. "new york post," its looking grizzly. >> dana: adding to the concerns is the producer price index for may out just moments ago showing wholesale prices up 11% year-over-year. all of that gets passed right onto you, the consumer. >> bill: it does. the price of gas holding steady, record $5 a gallon all threatening to overwhelm a white house in crisis. we begin with griff jenkins on the north lawn. >> goo...
July 7, 2024
courting this union vote. now he spoke to them trying to make sure that the members of the unions hang with democrats, with him come november despite these soaring prices. during his speech, he specifically took a moment to blast senate eric scott on floridas plan for the economy. >> so now the plan of senator scott trying to walk back, but its clear the last thing that they want to see is workers with power in this country. >> martha: so to respond to that, senator scott joins us now....
July 7, 2024
at least 25 states. and now, the water outages just as this heat moves in. will carr near yellowstone tonight. >> ginger zee timing this out. also tonight, on the eve of a major meeting of the federal reserve, the fed considering the biggest interest rate hike in nearly 30 years. what this could mean for american families. the effort to cool down inflation. can it be done, though, without sending the country into recession? and tonight, families across the country, the father with a ...
July 7, 2024
january 6th hearing reveals that trump knew he lost but tried to steal the election anyway while cheating his maga supporters out of their hard-earned money. plus, some are calling the gun reform framework a good first step. that suggests more is coming. color me skeptical. well talk about all that have and more with karine jeanpierre in her first live primetime interview since she made history, become the new white house press secretary. but we begin with day two of public hearings by...