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into bear market territory yesterday. economists predict the fed will raise interest rates again in another attempt to battle rising inflation. cnn business correspondent solomon is here with me now. this ppi report, why should people at home care about this? what's it matter for us? >> it's interesting because ppi doesn't get as much attention as the consumer price index, but it's really important because it's factory level inflation, what producers are experiencing, and we know what companies are feeling, we'll likely see a few months down the line in terms of consumer prices. even...

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Characters around the world who want to launder their money into real estate. >> got it. >> and the developers are laundering money. >> jesse, thank you so much. jesse issenberg joining us here in new york. the podcast is trump inc. tonight, the global citizen festival celebrates nelson mandela's legacy on the 100th anniversary of his birth. don't miss appearances from trevor noah and oprah winfrey as well as performances by beyonce, jay-z, eddie verretter, ed shee and more. special coverage tonight at 9:00 only on msnbc. here's co-host trevor noah with a preview. >> we're celebrating what i b...