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BBCNEWS World Business Report July 7, 2024

so let s get down to business and we begin in the us where the world s most powerful central bank wraps up its monthly meeting later. it s a given the federal reserve will increase the cost of borrowing. the question is by how much. with recent inflation data flashing red the sentiment on wall street has been grim. on monday the s&p 500 entered a bear market after the index fell by more than 20% from january s recent high. our north america business correspondent, michelle fleury, has more from new york. this minnesota petrol station is letting customers know they share their frustration. skyrocketing fuel prices have helped drive up inflation, currently at a a0 year high. customers, our car coming up, ate her at her corolla and gets fuel and at $80, you can t know how much it hits home to people. how much it hits home to ”eole. ,, . , how much it hits home to n-eole. , . , ,, people. gas prices in the us hit a record people. gas prices in the us hit a record of pe ....

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FOXNEWS FOX and Friends July 7, 2024

radicals. you cannot intimidate the supreme court. hunter biden bragging about all the power he has over your president. [inaudible] joe biden has said that hunter biden is the smartest man he knows. offering free meals to veterans kids to help flight inflation. cool thing about this is a lot of things texas buy somebody s pizza on me. i don t need any credit. brian: we continue to bump in on charleston, south carolina, it s a wonderful town which i m recommending that people go. it s an hour and a half flight. steve: from here. ainsley: that s true. steve: if you live? japan it s 25 hours. brian: not everybody lives in new york? i had no idea. ainsley: isn t it great? brian: seemed to really embraced me. ainsley: they love you down be there that used to be the bridge and they knocked down and built a new beautiful bridge they have a bridge walk or they run every year. brian: people couldn t get across. ainsley: charleston, peninsula ....

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MSNBC Way Too Early With Jonathan Lemire July 7, 2024

side. and, the january 6th hearing that was set for this morning aimed at trump s influence on the department of justice has been postponed. we ll tell you what s next for the investigation into the insurrection. good morning. welcome to way too early on this wednesday, june 15th. i m jonathan lemire. we re learning new details about the next january 6th committee hearing which will now take place tomorrow afternoon. a hearing originally scheduled for today has been postponed. congress woman zoe lofgren said it was stemming from an overwhelming demand on staff to produce the videos they have been showing during the hearings. as for tomorrow s hearing, the focus will be on former president trump s efforts to pressure his vice president mike pence into overturning the 2020 results. vice chair of the committee liz cheney, republican, teased ahead hearing new video she posted to twitter. the select committee will examine president trump s relentless effort on jan ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

top of the hour on cnn newsroom, good to be with you, i m victor blackwell. president biden says that he has a plan to tackle the soaring inflation that s plaguing this country, he says republicans are getting in his way. the problem is republicans in congress are doing everything they can to stop my plans to bring down the cost for ordinary families. that s why my plan is not finished, and why the results aren t finished either. jobs are back. prices are still too high. covid is down, but gas prices are up. our work isn t done. the president also warned that it s going to take time for prices to come down. as americans struggle to buy, well, everything. groceries, gas, cars, a key economic indicator shows that the pace of inflation lowered just slightly in may but the producer price index is still up above 10%. this afternoon, stocks are mixed. s&p 500 dipped into bear market territory yesterday, and now everybody s watching the federal reserve. as economists predi ....

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FOXNEWS America Reports July 7, 2024

join us coming up. john: first fox news alert to an economy in crisis. americans crushed on high prices from gas to food while their retirement accounts evaporate. growing concerns a dramatic move by the fed on interest rates could send the economy spiralling into recession. john roberts in washington. sandra. great to have you back. sandra: i am sandra smith in new york. this is america reports. we are watching all of this, brand-new numbers today from may painting a bleak picture of the american economy. consumer and producer prices still skyrocketing, and hitting record highs. all has major implications for your wallet as those producers that are facing higher costs plan to pass those higher numbers down to the consumer in the form of higher and higher prices. john: national price of gasoline up 63% from a year ago and the highest ever. sandra: it is almost hard to believe, every day a new record. the white house has announced a middle east trip to saudi ar ....

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