Live Breaking News & Updates on 55

Stay informed with the latest breaking news from 55 on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in 55 and stay connected to the pulse of your community

CNN News Central

gunman who killed the children and teachers in uvalde. the mother reported him to police after learning he was trying to buy an ar-15 and to reportly do the same thing that his cousin did. four arrest warrants have been issued for a brawl on the coast after there was a malay on the dock. >> they didn't want to move the boat, and they got physical with him. >> officials will give an update on the investigation in a few hours. tonight's drawing for the mega jackpot is a 1$1.55 billio and gone unclaimed since april, and just a friendly reminder

Thing , Children , Mother , Ar-15 , Gunman , Cousin , Reportly , Teachers , Arrest-warrants , Uvalde , 15 , Four

Early Start With Christine Romans

meaning more rate hikes. on inflation watch, gas prices fell a penny overnight to $3.55. in a few hours we'll get weekly jobless claims, first quarter gdp, pending home sales and weekly mortgage rates. let's bring in greg mcprbride. fed has raised interest rates ten times. we've been on recession watch for months and housing is perking up again, consumer spending a strong, job market is strong and we could get first quarter gdp print that maybe 1.4% growth. not blockbuster, but that is still rolling along. what is your assessment of where we are? >> the economy has been remarkably resilient in the face of the fastest pace of rate increases in 40 years. that is certainly a good thing. but it is also why we haven't seen inflation make the progress we'd like. core inflation, which is everything except for food and energy, that has been at a holding pattern really since december.

Mortgage-rates , Rate-hikes , Gdp , Gas-prices , Claims , Inflation-watch , Penny , Home-sales , 3-55 , -55 , Fed , Interest-rates

BBC News at One

weeks. ,, ., g. . ~ expected in the coming days and weeks. ,, ., ., ~ expected in the coming days and weeks. ,, ., ., 4, , weeks. simon jack, thank you very much. supermarket executives have been questioned by mps over why food prices are still rising as some wholesale costs are falling. four of the uk's biggest grocers — tesco, sainsbury�*s, asda and morrisons — were in front of a parliamentary committee examining the cost of a weekly shop. our business correspondent emma simpson is here. yes, mps have been grilling senior supermarket bosses, because the overall rate of inflation in the uk remains stubbornly high. the official stats show that food prices rose 184% in may, compared with a year ago. that is less than the 19.1% the month before, but this figure is still incredibly high. let's take a look at a few examples. in may last year, a dozen eggs would set you back £2.55 on average. last month it was £3.26. how about a two

The-uk , Food-prices , Cost , Front , Mps , Emma-simpson , Tesco , Costs , Shop , Committee , Supermarket-executives , Simon-jack

Early Start With Christine Romans

futures barely moving down. but it was a higher day on wall street and s&p and nasdaq notched fresh closing highs for the year. goldman sachss sees chance of recession just 25%. so odds declining in the overall strong economy. on inflation watch gas prices held steady at $3.55 a gallon. trade deficit numbers are due out later today. never have so many women been in the labor market. a record share of women in what the government calls prime working age 25 to 55 years old are in the workforce. and let's bring in cnn global economic analyst and global business columnist and associate editor for the financial times. economists argue about why labor force participation for women has reached these new heights. two things here. hybrid work means more women can balance running a household and a job.

Highs , Wall-street , Stock-index-futures , Nasdaq , Goldman-sachss , Chance , Economy , Numbers , Recession , Odds , Trade-deficit , Inflation-watch-gas-prices

CBS Weekend News

go by, things could get much tougher for both sides in this war. released with the tag line, plans love silence, there will be no announcement of the start. soldiers are seen urging operational secrecy ahead of an expected counteroffensive. in the past few days, ukrainian officials have tried to temper expectations regarding that counteroffensive, jericka. president zelenskyy said in an interview this weekend that kyiv is ready but avoided making any predictions, saying it could go a variety of different ways. >> debora patta for us in ukraine, thank you. today opec members voted to stick to the cartel's oil production targets for the year but saudi arabia announced it will slash its oil production by 1 million barrels a day in an effort to tighten global supply. today gas prices in the u.s. average $3.55 a gallon. mississippi has some of the lowest prices while california has the highest. still prices are significantly

Things , Counteroffensive , Plans , Sides , Soldiers , Start , War , Announcement , Tag-line , Silence , Secrecy , Officials

CNN This Morning

cartel about where they are going to put oil prices and output here. so i think when the very near-term, what it means, look at where gas prices are today. $3.55 a gallon. that is down 25% from last year. this has been a good piece of the inflation story in the u.s., but also in the european union, where, you know, inflation levels have been coming down, still too high, but having coming down. what does the white house have to say about this? the white house points out, it doesn't set these prices. that is opec. we are not a party to opec plus, which makes its own decisions. we are focused on prices for american consumers, not barrels, and prices have come down significantly since last year. overall, what we'll watch here is how much oil prices could rise and how much gas prices could rise. the expectation had been that these gas prices would stay well below year-ago levels, in part because global demand is softening for oil from china and the united states. because the overall economies are cooling off. we're not running as quite a hot economy this year as we were

U-s- , Oil-prices , Gas-prices , Piece , Inflation-story , Output , Gallon , 25 , 3-55 , -55 , Prices , Doesn-t

Americas Newsroom

hasn't caught on. they changed their name to meta and not gotten a lot of traction yet. let's see if apple can do what meta can. get average folks like us to live in the virtual world with a computer on your face. >> dana: don't cover up that pretty face of yours indeed. $3 thousand is a lot of money but exciting times and exciting to be part of it. great to have you, thank you. >> bill: saudi arabia announcing plans to cut oil production part of a strategy to increase gas prices. prices right now hovering around $3.55 a gallon. it was $4.84 a year ago. presidential candidate nikki haley reacting this morning on "fox & friends." >> the saudis are not going to listen to joe biden because he basically called the crown prince a pariah. that's not what you do. he went hat in hand to saudi arabia and he is getting dirty oil from venezuela and iran.

Lot , World , Apple , Folks , Name , Meta , Traction , Hasn-t-caught-on , Let-s-see , Dana-perino , Bill , Money

The Faulkner Focus

could be coming in time for summer travel. saudi arabia just announced big oil production cuts effective in july set to slash production by 1 million barrels a day. opec countries and allies considering another round of cuts and all of that could send our gas prices soaring as we move through primary season. presidential candidate nikki haley with this. listen here. >> saudis are not going to listen to joe biden because he basically called the crown prince a pariah. he is getting dirty oil from venezuela and iran. >> john: jeff flock is in an oil refinery in new jersey. >> pbs refinery here. they certainly figure to rise. they've been good lately. take a look at the latest numbers on the average gallon of regular in the u.s. is $3.55 today. about what it's been for the last month. a lot cheaper than this time

Opec , All , Production , Cuts , Oil-production , Saudi-arabia , Allies , Round , Summer-travel , 1-million , Nikki-haley , Joe-biden

Talking Business

have the same access to the profit structures of our branded suppliers, but we do challenge them as hard as we possibly can. ok, so let's start with the raw ingredients. take wheat, for example. before the pandemic, about four years ago, a bushel of wheat was trading on the market at $4.70. that spiked when russia invaded ukraine one year ago. the same amount of wheat went up to almost 13 bucks a bushel. but at the end of march this year, it was sitting at around $7, much less than the peak, but still 47% higher than before the pandemic. it's a similar story with cooking oil. before the pandemic, a pound of soybean oil was trading at around $0.29. after the war began, that shot up to nearly $0.76, so more than doubled. and now it's settled somewhere in between at around $0.55 a pound. still, 90% more than before the pandemic.

Suppliers , Default-effect , Ingredients , Wheat , Pandemic , Challenge , Profit-structures , Access , Market , Trading , Bushel , Russia