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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgag ....

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MSNBC Yasmin Vossoughian Reports July 7, 2024

reported trade that trump wanted to make. next hour, i get a preview of this week s potentially final january six hearing from committee member member zoe lofgren. also ahead, gop heavyweights headed to georgia to try to help out herschel walker in the wake of his abortion scandal. we also following the latest on the explosion at a key russian lifeline to ukraine, how russia is dealing with it all. with an opec decision already having people at the pump, we will look at the state of the economy in their pocketbook. that is all coming up next. first, alabama senator tommy tuberville facing major backlash for making this racially charged comments about crime while campaigning with trump in nevada yesterday. take a listen. the democratic party, they have a majority. they could stop this crime today, they are some people say they are soft on crime. they are not soft on crime, they are pro crime. they won t crime. they want crime because they want to take over what you ve ....

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CNN At This Hour With Kate Bolduan July 7, 2024

raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let s get to the new report and what it means and what is it doesn t. matt egan is here. and what does this good news say about what is next? well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends slowed but it is still positive. i think that this should silence the argument that the u.s. economy is already in recession. right. gdp is positive, the jobs market keeps chugging along. new numbers show that initial jobless claims which is a proxy for layoffs, they remain low. at pre-covid levels. how you could have a recession if you don t have playoffs. this is so confusing. because ....

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CNN CNN Newsroom With Pamela Brown July 7, 2024

i think it s dangerous even to speak about it. kim jong-un wants the world to know that his arsenal is there, that it s capable. he s fired seven missiles just in the last two weeks. these actions are provocative, they re dangerous. six killings in northern california and at least one possible suspect. we want our communities to pay attention to how he walks. a lot of people are scared to come out at night. it s just scary, period. i m pamela brown in washington on this saturday. you are in the cnn newsroom. a bridge of huge geographic and symbolic importance crippled in a millisecond. take a look. this is the exact moment that russian president vladimir putin suffered the latest blow in his war on ukraine. the blast from an apparent truck bomb knocking out three of the four lanes of the bridge that links russia to cry imea. ukraine has not claimed responsibility for the attack, but it is most certainly celebrating it. ukraine quickly unveiled this com ....

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BBCNEWS Sportsday July 7, 2024

threatening without breaks of rain. overnight tonight, the rain will clear away from scotland and we will be left with a few showers. then, orkney, and aberdeenshire by the end of the night. clear skies allowing temperatures to dip below single figures. laterwe temperatures to dip below single figures. later we will get more moisture coming into that across england and wales. i think that is a recipe for seeing some mist and fog patches. probably the worst of these over wales, the midlands, parts of southern england, as well. any mist and fog could take a while to clear away but otherwise a clear day of weather, lots of sunshine around, a threat of a little rain towards the far south west of england late in the day, and maybe the odd passing shower for the far north east of scotland. for most it is fine and pretty mild. wednesday, another area of low pressure flexes its muscles. the breeze picks up and we see more cloud working in from the south west along with some spo ....

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