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BBCNEWS World Business Report July 7, 2024

plus the crypto crash deepens. could it spell disaster for el salvador s multi million dollar gamble on bitcoin? we start in the us where the federal reserve has announced the biggest rise in borrowing costs in 28 years. the fed raised its key interest rate by three quarters of a percent and signalled more big increases are on the cards. as our correspondent michelle fleury reports, from washington, it s battling to control the worst inflation in four decades. intensifying its five figure inflation which is currently at a a0 year high reserve raised its key interest rate by three quarters of a percentage point to a range of 1.5 to one and three quarters of a percent, move that will push up borrowing costs for and company. us interest rates haven t been hiked by this much in one go since bill clinton was in the white house in 199a, the size of the mood something federal chair reflected on during his press conference. clearly the 75 basis point is an unusually large ....

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CNN At This Hour With Kate Bolduan July 7, 2024

insurrection, the january 6th committee plans to focus on donald trump s repeated pressure on former vice president mike pence to block the certification of the 2020 election results. remember what trump told the crowd just hours before the attack on the capitol. mike pence, i will tell you right now, i m not hearing good stories. i hope that our great vice president, our great vice president comes through for us. he s a great guy. of course if he doesn t come through, i won t like him quite as much. hmm. the committee s going to make the case trump s pressure campaign directly contributed to that day s deadly violence. new photos obtained by abc news show pence and his family in hiding after the former vice president was rushed off the senate floor by secret service during the insurrection. let s begin our coverage with cnn s ma nu raju live on capito hill. walk us through exactly what we ll watch later today. reporter: the committee will try to lay out the tim ....

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CNN Attack on Democracy The January 6th Hearings July 7, 2024

recorded testimony by former pence chief of staff mark short who was with vice president pence an january 6th. was a firsthand witness to trump s pressure campaign in the days leading up to it. we re told house investigators will try to make the case that the pressure on pence directly distributed to the insurrection at the capitol and the continuing ongoing threat to the rule of law and democracy in the united states. many aides are promising new information about what the vice president was doing during the riot, and where he was hiding as that mob chanted, hang mike pence, hang mike pence. the panel also will focus on the role of conservative lawyer john eastman in pushing the bo fgus unconstitutional theory that pence has the power to invalidate legal, lawful e electoral votes. let s go to ryan nobles on capitol hill right now. ryan, the chairman of the select committee congressman bennie thompson of mississippi just chaired a block buster new information about a po ....

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FOXNEWS Fox News at Night With Shannon Bream July 7, 2024

supreme court justice brett kavanaugh and top ranking senate republicans demanded to know why the justice department has yet to arrest or prosecute any demonstrators. anger tonight is the biden administration is set to punish those horseback border patrol agents were falsely accused of whipping migrants as they illegally crossed into del rio last year, they have been cleared of any wrongdoing but our bill melugin is at the border and is going to explain. the first state in the country to decriminalize drugs is turning into a disaster pickle fentanyl deaths are up and drug-related crime is soaring. we begin tonight with the white house blame game over the record high gas prices you are finding every single time you go to fill up. kevin corke, i think even posted a tweet about it today, good to see you. the president as you probably heard right now at with the speaker the house nancy pelosi along with senate majority leader chuck schumer, that meeting is meant to unpack ....

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FOXNEWS The Five July 7, 2024

capturing the moment these two cops were ambushed while responding to a woman being stabbed at a hotel. the suspect who died after a shoot-out with police had a rap sheet about a mile long. his girlfriend accused him of assault just a day before the shooting. he served two stints in prison, and last year was facing a third for possessing a firearm as a felon that could have put him behind bars for three years, but george gascon let him slide, easy on the last chart. giving him a 20 day details on tenth and put him on probation. defending the move saying the slap on the rest was consistent with case resolutions for this type of offense, given his criminal history and the nature of the offense. it s not consistent, judge, this guys like, he beats his wife, is not an illegal gun. to be quite consistent with his policy, which is it doesn t matter how violent you are, doesn t matter what your record is, doesn t matter if you are a threat to society, were going to let you l ....

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