Page 2 - Wealth Effect News Today

to go live every weekend, because the news doesnt stop, nor should we. very good to have you. lets get the read of whats at stake as we wrap up a number of key debates, other contests simply too close to call as the battle for the house and senate is on. the very latest from kelly ogrady in los angeles on the real pain that a lot of shoppers/voters are feeling right now. >> reporter: good morning to you, or neil. that inflation number came in hotter than expected this week, and the big...

in its latest operating profits, with soaring parts inflation hitting the bottom line. lets focus on the main business stories. president biden who has accused oil and gas companies of war profiteering and threatened them with a windfall tax. in the uk the focus will be on the oil giant bp. last week shell reported is second highest quarterly profit on record but it was not required to pay the uk windfall tax on energy firms due to making large investments in the uk. oil and gas prices...

files last november at the biden penn think-tank. we dont know where they were found. what they contain. >> bill: one thing is for sure it is not good for merrick garland. he has a special counsel investigation into president trumps handling of classified dock also. >> dana: will it force garland to open an investigation into biden? republicans say thats the only option. >> it cant be we have two tears of justice. we have to have a special prosecutor for trump according to garland. we ...

sandra, great to have you back. >> sandra: great to be back. far left protestors dismayed as what they view as an ineffective response to the ruling, saying they are out of step with the mainstream of the party. >> the president is urging the same protestors to fight after access to abortion bills. claims his hands are tied on further action unless the democrats can pick up more seat in the midterms. >> all of this as the far left offers bounties on the location of supreme court justic...

>> bill: all that happening during a campaign event days before a national election. shocking a nation with some of the worlds tightest gun regulations. violent crime in japan is rare. >> he was airlifted to a hospital with two gunshot wounds but they were fatal as doctors tried to revive him. >> the begunman was tackled at the scene. 41 years old. he is alive and an investigation underway how he got so close. alex hogan begins our coverage live in london with the late breaking details...

government reported a second straight quarter of negative economic growth. so this complicated picture is why president biden is pushing back against talk of a recession. >> with both senator schumer and manchin. thats consistent with the transition to a stable steady growth and lower inflation, but if you look at our job market consumer spending, business investment, we see signs of economic progress in the second quarter as well. >> joining us now to take a closer look at this, cnbc ...

reduction act, would be the largest investment in energy and climate programs in u.s. history. for the first time it would give medicare the power to negotiate prescription drug prices, cap medicare out-of-pocket costs at $2,000, and extend expiring health care subsidies for three years. but before any of that happens, it must get approval from the senate parliamentarian to proceed with a filibuster-proof reconciliation process, allowing democrats to pass the bill with just 50 votes...

shrinking stocks unfortunately in the pensions. peter doocy on the shrinking poll numbers for a president that just found a new villain for all of this and his name is not putin. welcome. im neil cavuto, this is "your world." a very turbulent world. when it comes to the markets, a lot redder world. how much? to jackie deangelis with more. >> good afternoon. another rough day for the markets, neil. not for the feint of heart. the markets digesting the rate hike that we saw yesterday and...

all we know is tomorrow powell will spring to his slay and his team a whistle. we dont know where he will fly. we probably dont know what a down of a thistle is, but we know what a down stock market is. so we want to hear something as st. jerome drives out of sight. its that something that is giving us all of this fright. in the meantime, this night before weve got you covered for what could be in store, with legendary billionaire investoring ken fisher on why its not action bad as you...

republican congresswoman kathy mcmorris rodgers on gas prices hitting $5 a gallon for the first time in the history, and bill barr on something he told january 6th committee and with our very own lucas tomlinson at white house on a president fending off attacks, its that 70 # inflation show all over again, and he is the not too happy star. welcome, everybody, im neil cavuto. happy weekend to you. lets go first to my buddy lucas on how the administration is handling all this bad news on...