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CNN CNN Newsroom Live July 7, 2024

max foster here in london. just ahead great likelihood is that we will have a recession. this 40 year high in inflation is having a real impact on the economy. consumers are shifting their spending to more essential categories like food and fuel. our investigation though it is not a criminal investigation certainly has brought some things to light that doj is watching. doj is now inside the white house for the first time. that is a big change. it is a hard grind, that is what ukrainian commanders are predicting to try to push the russian troops back. it is wednesday, july 27. 9:00 a.m. here in london, 4:00 a.m. in washington where in the coming hours, the u.s. federal reserve is expected to hike its benchmark interest rate in the latest attempt to cool the economy and tame inflation. the country s gdp will be released tomorrow with analysts waiting to see if the numbers show that the economy has slowed again. add in soaring prices, rising expenses and an ....

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CNN CNN Newsroom Live June 4, 2024 08:03:00

Economy doesn t look se recessionary. but a poll shows 65% of register voters already feel that they are in a recession and that sentiment is changing intending habits. despite small and frequent price increases, customers are still waiting to pay for the convenience of hurricane donald s. chipotle has the same practice. but higher income customers are increasing visits and lower income are not visiting as often. and consumer confidence slipped for the third month in a row. rahel solomon has more now from new york. the state of the economy with major corporate earnings and economic data. tuesday we learned consumer confidence fell for a third straight month with only 17% of people surveyed rating business conditions as good. almost a quarter describe business conditions as bad. consumer confidence gives us a look at several things, ....

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