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4% of the dow is the worst we've seen in two years. all hit hard because inflation remains stuck and no one can get it under control. an 8.3% annualized inflation rate. the core rate, that is without food and energy, also soaring more than 6.3%. this is the fourth 1,000 point sell-off for the dow just this year. again, this was a worse than expected inflation report. now the president is heralding this inflation reduction act that some people said is actually making the situation worse. because across the board, prices are going up. he's touting the prospect of eventually drug prices...

turning up the pressure on pat cipollone to testify after hutchinson revealed that cipollone was worried that he and trump's entire team would face a litany of criminal charges if trump went to the capitol on january 6th. >> hutchinson said the president knew his supporters were armed and trying to join them. there are also new questions, though, about the former white house aide's claims that trump lunged for the steering wheel of his presidential suv when secret service agents told him he couldn't go to the capitol. now the secret service tells the committee that agents are willing...

the gains since biden took office. >> bill: the biggest rate hike in three decades. "new york post," it's looking grizzly. >> dana: adding to the concerns is the producer price index for may out just moments ago showing wholesale prices up 11% year-over-year. all of that gets passed right onto you, the consumer. >> bill: it does. the price of gas holding steady, record $5 a gallon all threatening to overwhelm a white house in crisis. we begin with griff jenkins on the north lawn. >> good morning. that's ppi number which increased month over month is not welcome news at the white hous...

investigation in uvalde. then breaking this morning, nearly 400,000 jobs were added in the month of may. labor secretary marty walsh will join us with more on the new jobs report. and today marking 100 days since the start of russia's brutal invasion of ukraine. we're going to bring you the very latest on ukraine's fight for freedom. hey, everybody, good to see you on this friday morning. we're going to begin this hour with this renewed message from the white house on gun violence -- enough is enough. in a rare primetime address from the east room, the president laid out specif...

left 19 students and 2 teachers dead. in uvalde families continue the excruciating task of burying their loved ones, their children. today three little girls murdered in robb elementary will be laid to rest. all between just 10 and 11 years old. during the shooting, 17 others suffered life-threatening injuries. the tribune reported five of the wounded are still being treated in the hospital, including a 10-year-old girl who remains in serious condition. the gunman's own grandmother shot in the face before the school rampage, now slowly recovering. meanwhile, rear hearing from the uva...