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Early Start With Christine Romans

the g7 financial leaders and she is urging congress to prevent a u.s. default. >> default on u.s. obligations would produce an economic and financial catastrophe and spark back further and raise questions about our ability to defend our national security interests. >> yellen estimates the u.s. has about 21 days until default. want to bring in our global economic analyst. so nice to see you. you heard that roman's numeral of 10.8% unemployment in michigan and you can repeat that in a lot of different states if there were to be a prolonged debt limit breach. we know how dangerous it is. what is the risk here to the u.s. economy and the global economy that they don't get this right in washington?

U-s- , Default , Leaders , Congress , Obligations , G7 , Security , Questions , Catastrophe , Ability , Janet-yellen , Interests

Early Start With Christine Romans

roroman's numeral yo, 10.8% unemployment rate in michigan if a prolonged dead limit reached. the u.s. could run out of of ca to pay bills by june 1. and asian markets finished mixed, consumer prices at the slowest rate in two years. european markets are higher, investors are waiting for an interest rate decision. and stock futures are leaning a bit higher. inflation cooling to the slowest pace in two years. gas prices rose a penny overnight to $3.54 a gallon. treasury secretary janet yellen is in japan meeting with

World , Numeral-yo , Roroman , U-s- , Bills , Limit , Markets , Michigan , Ca , Asian , 10-8 , 1

Hannity

justice department. 10.3 billion dollar budget to 11.3 billion dollar budget. more than biden asked for 10.8. why anyone would vote for this, i do not know why any republican would vote for it. this department of justice working hand in glove with twitter and big tech run misinformation operation we the people just weeks before 2020 presidential election. why would we give him a raise? i have no idea. host of other bad things laid out in my colleague dan bishop's twitter feed. we are spending money on the families represent on stupid things. why anyone would support this, i have no idea. >> there is no way.

Republican , Anyone , Department-of-justice , Dollar-budget , 10-8 , 10-3-billion , 11-3-billion-dollar , 11-3-billion , 10-3-billion-dollar , People , Election , Working-hand-in-glove

BBC News

hello and welcome, and let me confirm the bank of england has raised interest rates by a half of 1%, as anticipated, to 3.5%, that is the highest rate in 14 years, a period in which interest rates in the uk have been kept at an historic low, but they have started to go up and they are going up now and quite significant amounts each month, up by 0.5% in the latest decision by the bank of england, and it of course follows what has been happening around the world, in terms of the increase in energy prices and all of those other factors impacting on inflation, and we had the latest inflation figures here yesterday, 10.8%, down from 11.1% the month before. but that is the issue that the bank of england is targeting when it looks at what to do with

14 , 1 , 3-5 , 0-5 , 11-1 , 10-8 ,

Breakfast

years. the fuel and food bills. eating into pay. we learned yesterday we are 2.7% worse off because prices are rising and wages not keeping up. when you look at the graph of inflation, it was around 2%, the bank of england target, until the pandemic. it dipped because we bought less during lockdown. but it was the invasion in ukraine and pressure on food resources that saw it really increase. there is a hope that as oil and gas prices stabilise inflation will have piqued. if it has peaked and drops to say 10.8% this morning, it does not mean prices are coming down, it means prices are coming down, it means prices are coming down, it means prices are going up less quickly so the gap we have between the money coming into your pocket and the money going out will not close any time soon.

Prices , Pay , Food , Bills , Wages , Fuel , 2-7 , Inflation- , Pandemic , Bank-of-england , Lockdown , Target

NBC Nightly News With Lester Holt

selling at the slowest pace in nearly seven years, with the exception of the start of the pandemic. how would you characterize the current housing market >> well, several experts have said the housing market is in a recession. >> reporter: home sales are down 20% compared to last year. what's behind the slowdown >> the slowdown is simple it's just because of affordability. >> reporter: affordability hammered by prices up 10.8% from a year ago, limited supply, and rising mortgage rates. when sofia silva started looking for her home in chicago, a 30-year fixed mortgage rate hovered around 4%. by the time she closed on her new place, that number hit 5.5%, meaning a difference of several hundred dollars in her monthly payments >> i kind of panicked and thought maybe i shouldn't do it anymore. >> reporter: now the 28-year-old social worker is relying on a second job to make ends meet. >> i have a great career, 9:00 to 5:00, where i have my masters that i've been working in years now but that was not going

Reporter , Housing-market , Home-sales , Pace , Experts , Start , Housing-market-well , Pandemic , Exception , Recession , Selling , 20

Way Too Early With Jonathan Lemire

hot housing market is chilling. existing homes are selling at the slowest pace in nearly seven years, with the exception of the start of the pandemic. >> how you would characterize the kurptd housing market? >> several experts have said that the housing market is in a recession. >> home sales are down 20% compared to last year. what is the behind the slowdown? >> the slowdown is simple. it's just because of affordability. >> affordability hammered by prices up 10.8% from a year ago, limited supply, and rising mortgage rates. >> when sophia started looking for her home the 30-year mortgage rate was 4% and at the time she closed, 5.5%, meaning a difference of several hundred dollars in the monthly payment. >> i kind of panicked and thought i shouldn't do it anymore. >> the 28-year-old social worker is relying on a second job to make ends meet. >> i have a great career, and i have my master's, so i've been

Experts , Housing-market , Kurptd-housing-market , Homes , Start , Exception , Pandemic , Pace , Selling , Seven , Prices , Home-sales

At This Hour With Kate Bolduan

world. so it's a worldwide phenomena. do we need to get a handle on it, are people having trouble at the grocery store and the gas pump? they are. we passed a bill on gouging that our republican friends did not support. we passed a bill on infrastructure. we passed a bill on fuel and food to try to bring food prices and fuel prices down and protect supply chains. so we've taken a lot of actions to try to address this. it's a real problem. and the federal reserve, of course, again, acted yesterday, and what the trick is is to bring prices down without creating a recession. and of course, there's definition of recession goes back and forth. but we have 3.6% unemployment. that's a very low unemployment. it was 10.8% unemployment in the second year of the reagan administration. and we have 8.7 million new jobs over the last 15 months. so that's some good news. but recession is a real challenge. we've got to address it, and we are.

People , It , World , Bill , Handle , Grocery-store , Friends , Phenomena , Trouble , Gas-pump , Gouging , Republican

Breakfast

but beat her team—mate in manchester in a wind assisted time of 10.8 seconds. remember it is a busy summer with the worlds — remember it is a busy summer with the worlds commonwealths and the europeans in the coming weeks. and a new name to look out for in them will be jeremiah azu — he suprised the favourites in the men's 100m to win in a wind—assisted time of 9.9 seconds, beating reece prescod gareth bale is heading to the usa tojoin major league soccer side los angeles fc. the wales captain announced the move himself on his social media pages. he'll move to la on an initial one—year deal after nine years with real madrid, where he won five champions leagues and three la liga titles. it's 40 years since one of the most infamous matches in the history of the world cup. west germany and austria's players engineered the result of their group match at spain '82, so both would progress to the next stage. there was uproar, especially from algeria, who missed out on qualification.

Summer , Worlds , Wind , Worlds-commonwealths , Team-mate , Europeans , Manchester , 10-8 , Wales-captain , Men , Los-angeles , Reece-prescod