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sandra smith will stick around for us today as well. and bret baier also joining us this hour as the president insists the economy is right on track. celebrates it with james taylor at the white house. first we go to white house correspondent jacqui heinrich. hi, jacqui. >> even though that new gallop poll shows that voters are far more concerned with the economy than the climate, the president is fixated on climate telling reporters that he's not concerned about yesterday's hotter than expected inflation reading or the stock market sell-off before announcing that $900 million for el...

>> incredible. >> just gives you goosebumps, all the feels, what a loss, and what a way to honor his dad. a special moment from the foo fighters. good morning to you, everyone. welcome to your "new day." i'm amara walker. >> i'm boris sanchez. there was a bizarre scare in the sky, a man stealing a plane threatening to crash it over a small town in mississippi, even posting a good-bye on facebook. what we're learning about the pilot and how the situation was ultimately resolved. and for a second time, nasa is forced to call off the launch of the artemis i rocket. this time because...

nine miles people to go in and pay their last respects to queen elizabeth. >> there will never be another like her. >> common ground starting to emerge. justice department and former president trump's legal team over the appointment of a special master. >> it appears both sides agree on former judge raimondo deery. >> 26 last week. 26 is a weird age in hollywood. you are young enough to play a high school student but you are too old to date leonardo decaprio. ♪ ♪ >> in dallas. 5:00 central time. >> you should whisper. >> ainsley: wake up, get dressed. >> brian: cowboys think they...

4% of the dow is the worst we've seen in two years. all hit hard because inflation remains stuck and no one can get it under control. an 8.3% annualized inflation rate. the core rate, that is without food and energy, also soaring more than 6.3%. this is the fourth 1,000 point sell-off for the dow just this year. again, this was a worse than expected inflation report. now the president is heralding this inflation reduction act that some people said is actually making the situation worse. because across the board, prices are going up. he's touting the prospect of eventually drug prices...

make it all. lydia? >> hi, charles. a month of cooling prices, certainly encouraging news for consumers that welcome the relief. they've probably noticed gas prices coming down at the pump. there are still concerns that inflation could turn around and tick back up as there's other elements like housing, rent prices are still very high and should by said one month of cooling prices does not a trend make. consumering still notice how they're paying through the nose for a lot of items. gas prices still high even though they are coming down. up about 44% higher over last year. prices for...