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could the uk be heading for a trade war with the european union? that's certainly the fear of some in the business world, as tensions grow over the post—brexit deal on northern ireland. uk foreign secretary liz truss is holding talks with the vice—president of the european commission in the next few hours, as her government threatens to tear up large parts of the agreement. that could trigger legal action or trade sanctions from the eu as our deputy political editor vicki young reports. for some businesses in northern ireland, trading opportunities have grown, but the rules can c...

dropping is the price of gasoline. national average hitting $4.40. some states approaching $6 a gallon. >> dana: that's having a big impact on american families. average household will spend an extra $5,000 this year on gas and groceries alone. >> bill: stock market dow coming off four straight days of losses amid concerns the federal rate hikes will trigger a recession later this year. >> dana: yet the president insisting this is not his fault. he is instead pointing the finger at republicans and what he calls their ultramaga tax plan. the architect of that plan calling the attacks ...

the details of the lovers on the lam. baby formula shortage. the big announcement today that could help parents scrambling to feed their children. tonight's other top headlines: u.s. overdose deaths hit a record. the investigation after a palestinian-american reporter is shot dead covering a raid in the west bank. plus the haunting pictures of soldiers trapped inside a steel plant in ukraine. we speak to the wife of a soldier. >> i will do everything to save him. >> o'donnell: and unifying america with with a group of teenagers who turned their experiences into action. >> this is the...

Numbers while the Major Economies are raising rates and chinas growing below its growth targets. Paul, what are some of the complex sort of Pressure Points that these countries will have to navigate as they forge ahead . Yeah, well, i really think its a Confidence Game at this point, right . So we want consumers to continue to spend. We want firms to continue to invest. So i think having some confidence that the the rate cycle globally is near its peak, the us continues to put up good numbers. Chinas been tweaking some of the measures over the past week in the property market. So its certainly...

The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. A...