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economy in the world, the world, the world. maria, no actually, the economy contracted 1.5% in the first quarter. and now predictions it's about to get much worse as the federal reserve moves to the the raise interest rates again this upcoming week. >> it's a hurricane. it's -- right now it's kind of sunny, things are doing fine, everyone thinks that they can handle this. that hurricane is right out there down the road coming our way. >> i think that we're really heading for lehman-type moment here. i think, and listening to institutional investors, the marks on private ec by -- equi...

attention off the biden administration's failings. >> all they're doing is try to paint a new political narrative in november. >> it's inflation, sky high gas prices. border crisis. democrats created the crisis. the hearings are no more than an attempt to change the narrative. they are desperate. >> we all know it's a sham committee process. they want to put donald trump in jail. if they don't get that they want to keep his name off the ballot. >> dana: chad pergram is live on capitol hill for us this morning. hi, chad. >> good morning. the committee aimed to tie the riots to former ...

We are live in michigan. This is day 12 of the uaw strike against the Big Three Automakers. Biden just became the first sitting president to literally stand with striking workers. Did he just prolong the fight that is hurting consumers . This is ahead of Donald Trumps visit to the key state tomorrow. Were on all of it today. Welcome. Im Charles Payne in for neil cavuto. This is your world. The major impacts with bob nardelli in a minute. First to fox businesss Edward Lawrence who is in wayne, michigan where its all going down right now. Edward . Yeah, charles, this is where President Joe Biden...

mutual security pact. the deal was made on a day of carefully stage—managed events during mr putin's first visit to north korea for over 20 years. prosecutors are to decide whether to seek a retrial for a uk couple accused of the manslaughter of their newborn baby by gross negligence, after a jury failed to agree on verdicts. constance marten and mark gordon denied a total of five charges. and english heritage says summer solstice celebrations at stonehenge won't be affected by a protest by climate activists. members ofjust stop oil sprayed orange paint on parts of the monument. tw...

to have two goals ruled out by var, the second when a handball was detected in the build up. despair for belgium fans, but delight for those of slovakia. there was also a surprise in the opening match of the day as romania beat ukraine 3—0. nicolae stanciu put romania 1—0 up, with this brilliant strike on the half—hour mark. razvan marin and denis dragus were also on the scoresheet. romania had failed to win their opening group game in any of their previous five appearances at the euros — so plenty to celebrate for the team and their fans. well, on display in munich, where th...