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get gas, like, everything s just more expensive. neil: americans speaking out and freaking out over prices still rising as their 401(k)s keep plummeting and now a new report warning that inflation may be staying and may be much longer than expected. a new fox poll that shows more voters are blaming the guy in the white house. before you run for cover, just know we ve got you covered with lucas tomlinson at the white house as president biden says it s not inevitable we ll have a recession. susan li on the markets indicating we already might be in one. first to susan li, taking stock of stocks just, well, taking a hit and a big hit at that. horrible week. yeah. well, you saw it, neil, the worst week for the stork market in two years stock market and that s after a historic rate hike by the federal reserve, the single sharpest move in 28 years by the central bank, and they re trying to move quickly. as a result, money fast in the markets, the dow jones falling below ....
shrinking stocks unfortunately in the pensions. peter doocy on the shrinking poll numbers for a president that just found a new villain for all of this and his name is not putin. welcome. i m neil cavuto, this is your world. a very turbulent world. when it comes to the markets, a lot redder world. how much? to jackie deangelis with more. good afternoon. another rough day for the markets, neil. not for the feint of heart. the markets digesting the rate hike that we saw yesterday and jerome powell s comments and deciding more hikes and slower growth means recession is coming if we re not there already. let s talk about wealth destruction for a moment. the numbers are staggering. yes, of course, jeff bezos and elon musk are not as rich as they once were on paper. investors across america in 401(k)s and iras have seen massive wealth destruction, $3 trillion according to the center for retirement research at boston calculation. 401(k) plans have lost $4 trillion sense th ....
lawful and correct the british government says its changes to brexit trade arrangements with the european union will not undermine the northern ireland peace agreement. and are the machines about to take over? a senior tech engineer claims an artificial intelligence tool has developed a mind of its own. hello and welcome to the programme. hundreds of civilians have been killed in the ukrainian city of kharkiv since the start of the conflict by indiscriminate russian shelling. in a new report, amnesty international accused moscow of routinely using internationally prohibited cluster munitions and scatterable mines. the human rights organisation said the decision to use such weapons showed an utter disregard for civilian lives and could constitute war crimes. the kremlin has previously denied using cluster munitions in ukraine and insisted that russian forces have only struck military targets. from the city of kkarkiv, wyre davies reports. from the very start of t ....
senior tech engineers put on leave after claiming an artificial intelligence tool has developed a mind of its own. and a month after mcdonald s pulled out of russia because of ukraine, a home grown burger chain opens up. a group of us senators from both the republican and democratic parties have reached agreement on a series of gun control measures. the developments come after the tragic mass shootings in texas and new york. let s have a closer look at what s in the proposal. the framework agreement includes support for state red flag laws where guns could be kept from those who might pose a danger. also included tougher background checks for gun buyers under the age of 21. there would also be measures to prevent what s known as straw purchases, where people buy guns for others who are restricted from purchasing them. but what s not included are measures that the democrats and president biden had advocated, such as raising the age for buying semiautomatic rifles ....
was the number 1 song. on golden pond was the number 1 movie and fantasy island was one of the best tv shows. back then, inflation was out of control. fears that it s out of control all over again. nothing like the 20% mortgage rates we saw back then but not like the key players we had fighting that either. think about it. pole volcker aggressively hiking interest rates to stomping out inflation and ronald reagan cutting taxes to bring the economy back after that inflation. that was then. what the heck are we in for now? today, fox on top of americans just hunkering down. we have you covered with lydia hu in new york on how grocery shoppers with dealing with this. jeff flock in pennsylvania on how drivers are putting up with this. kelly o grady in los angeles on how the president is responding to all of this. welcome, everybody. i m neil cavuto, this is your world. let s kick things off. with kelly o grady on what the president is saying about this. kelly? good ....