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Announcement. that's going to be news later on today in a couple hours, actually, if they decide to raise inflation rates. do you think that's going to at least in the short term effect that ceiling talks and budget negotiations? well, first of all, let me just say this. i think the debt ceiling talks are as one set of conversations that budget costs and then the other side of that is different. we can't align the two pieces together. a number of my republican colleagues, you know , want to do that. what what the fed is doing and i'm not going to second guess the fed inflation is killing peopl...

welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an inv...