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welcome to "the lead." i'm kaitlan collins in for jake tapper. we start with the money lead. wall street closing this hour mostly flat after today's jobs reported exceeded expectations. great news, obviously, but not slowing rising prices and fears of a recession. according to the bureau of labor statistics, the united states added 372,000 jobs in june and on average american paychecks are up 5.1% in the last year. but that's not keeping up with inflation, which jumped 8.6% annually in last month's report. that's a problem for president biden as he is struggling to convince americans...

[ gunshot ] >> police apprehended the gunman just moments after he fired the two fatal shots from a homemade gun. an investigation into the shooter and his motive is now under way. abe's murder has shaken japan where gun violence is virtually nonexistent. a former abe adviser says the assassination is the equivalent of jfk's. abe was considered one of the most transformative leaders in post world war ii japan. selina, do we know anything this hour about the suspect and investigation? >> reporter: we have learned from police that the suspect confessed to shooting the former prime mini...

abe assassinated during a campaign speech by a man with a homemade gun. and a new report shows the u.s. jobs market stayed strong last month despite high inflation and recession fears. this hour what the numbers could mean for the u.s. economy and for the biden administration. welcome to our viewers here in the united states and around the world. i'm wolf blitzer. you are in the situation room. we begin this hour with a highly anticipated testimony of former white house counsel pat cipollone to the house select committee investigating the january 6th insurrection. let's go straig...

administration down playing the recession call. there's semantics. what is a recession, how do you technically define it. no matter what, there's widespread agreement no matter who you talk to. that is that economic growth is slowing. the treasury secretary, janet yellen acknowledges as much. but then she maintains that that does not mean a recession is inevitable. >> this is not in an economy that is in recession. but we're in a period of transition in which growth is slowing. and that's necessary and appropriate. we need to be growing at a steady and sustainable pace. >> yellen say...

To donald trump and january 6th. Jasmine crockett joins me live on the site. Trump in court. What to look for as the first trial of a former president l heads to the jury next week, and why Special Counsel jack smith is taking bold new action in trumps classified documents case. And reality check. You believe trumps rally in the bronx was about reaching out to black and latino voters . I dont. I am jonathan capehart. This is the Saturday Show. For decades, democrats have tried and failed to make the court a voting issue for its base. Well maybe this Election Cycle they will succeed, because th...