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every year we try to exercise more, to be more social, to just relax. and eating healthy every single meal? if only it was this easy for us. joe biden and democrats in congress just passed a law to lower the cost of medicine. the inflation reduction act lets medicare negotiate lower prices with drug companies for the first time. that's more savings for us. ♪ ♪ the thing that's different about a vrbo vacation home. you always have the whole place to yourself. no stranger at the dinner table making things awkward. or in another room taking up space. it's just you and your people. b...

factors in play, demographic factors, the pandemic through a hammer in everything. i think if they say, look, here's what we know, here's what we don't know and we're doing the best we can, i think that's trust building. >> any one of the cross currents in the global economy now would be newsworthy and unsetting. and there are many. and coming out of this pandemic, we tried to measure the economy, is it recession, maybe not recession. we're just trying to get back to normal at this point. we're still reacting to a pandemic, and trying to figure out where we go from here. >> fair ques...

president biden yesterday claimed a win when he signed that massive tax and spend bill into law. and given the obvious name about reducing inflation, the administration has been selling it as the solution to inflation. fox news's own neil cavuto pressed white house economic advisor on when and how this law could ever lower inflation. >> it won't help in any other area including some of the sharp rise in food prices that have now just not gone down. they have not subsided. >> the inflation reduction act is not the only initiative we're engaged in. >> why do you call it the inflation r...

the former president's compound. we're reading through it in real time. almost half of the 38 pages is, in fact, redacted, but also having some major new information, including information about what the fbi found in an initial search of those 15 boxes of dominates former president trump's team turned over to the national archives. in those boxes they found 184 unique documents bearing classification markings, including 67 documents marked as confidential, 92 as secret, 25 as top secret. also going into detail about the specific areas of mar-a-lago that are not authorized locations f...

u.s. and china deteriorated to their lowest point in decades. real tension, particularly over taiwan. secretary of state antony blinken speaking today with his russian counterpart sergey lavrov. as cnn learned exclusively of plans under way for a prisoner swap, trading convicted russian arms dealer viktor bout for detained wnba star brittney griner and marine veteran paul whelan. we're watching that closely. let's begin with the new gdp numbers, cnn chief business correspondent christine romans is here with more. christine, break down, a lot of numbers not just you but economists fol...