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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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BBCNEWS BBC News July 7, 2024

of severodonetsk, where the two sides are locked in fierce street battles. an investigation begins, after a train derails in southern germany, leaving at least four people dead. hello and welcome to bbc news. a special concert will take place tonight at buckingham palace, as a weekend ofjubilee celebrations continues, to give thanks to the queen for her 70 year reign. 22,000 people will gather for the platinum party at the palace, when the prince of wales and the duke of cambridge will pay tribute to the queen for her enduring service. the derby at epsom also takes place afternoon, but the queen will not attend. instead, she s expected to watch the event on television from windsor castle. good morning. thank you very much. rather autumnal weather for day three of the platinum jubilee celebrations. not what we have come to expect thus far but it is not deterring hundreds and hundreds of people who are already arriving for that concert here tonight which does not get unde ....

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CNN CNN Newsroom With Ana Cabrera July 7, 2024

lay them out for us. that s right. two counts. one each for not appearing for his deposition and failing to a second count for failing to turn over documents that the january 6th committee demanded he turn over. but one of the interesting things that happened today, not only obviously was this was he indicted by the grand jury, but this was initially prosecutors initially asked for this to be sealed, because they felt that it was a risk of either flight or for him to tamper with other witnesses. we learned just a while ago that what happened today was he was actually arrested by the fbi, and most cases like this, the fbi allows people to self-surrender, to show up at the courthouse and surrender. in this case, peter navarro was arrested. he lives just a couple blocks away from fbi head quarters. when i talked to him earlier this week, he was really angry that when they served him his subpoena from the u.s. attorney last week, that they knocked on his door. he said ....

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MSNBC Andrea Mitchell Reports July 7, 2024

contempt of congress for failing to appear after being subpoenaed in february, failing to appear and failing to turn over documents. joining me now, kristin welker, kimberly adkins and ashley parker. talk to me about the stunning new development. peter navarro as i was saying was more than the trade advisor. he was involved in covid-19. he was involved allegedly in a lot of the events leading up to january 6 and after january 6 to try to overturn the election. that s right, andrea. that s at the crux of this indictment. let me read you a little bit of this release, which lays out why the january 6 committee felt as though it was necessary to indict peter navarro. he is charged with one count of involving his refusal to appear for a deposition and another involving his refusal to produce documents despite a subpoena from the house select committee to investigate the january 6 attack. the committee said the documents, his testimony are critical to understanding the even ....

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MSNBC Morning Joe July 7, 2024

states will in fact send advance rocket systems to the war-torn country. we ll have more on what changed the president s mind there. along with joe and mika, we ve got mike barnicle and elise jordan and the former chairman of the republican national committee michael steele. we will begin in texas, where the official account has changed again, about how the gunman who killed 19 children and their two teachers entered that school in uvalde. last friday, you ll rememberer the director of the department of public safety said a teacher had propped open a door through which the gunman entered the school. well, now, the agency said the teacher had come back to close the door but it just failed to lock. this new account comes after an attorney for the teacher told the san antonio express news the teacher did prop open the door using a rock to carry food from her car into the school. when she saw the gunman crash his car into a ditch, she went back inside to get her phone to re ....

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