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CNN The Lead With Jake Tapper July 7, 2024

customers have mostly shrugged off the higher menu prices and the revenue has gone up. what s going on there? both of those companies, walmart and mcdonald s are facing higher costs as is practically every company right now. the difference however is mcdonald s has been able to pass on some of the higher costs. walmart can t do that as much because their whole brand is centered around being a low-cost retailer. it s having to eat some of the costs and that s why it s warning about profit. but jake, one thing i should flag, we talked about this recently in terms of the retail sales data. wall mmart warning they re speng more of essentials like food and fuel and that s leaving less discretionary income. the reason that matters to a retailer like walmart is their profits are higher on categories like apparel. their profits are lower on essential categories like food and fuel. that s why we re seeing the profit warning. it s yet another data point, yet another sort of war ....

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FOXNEWS FOX Friends First July 7, 2024

rewrite the dictionary. griff jenkins has more in washington, good morning. griff: good morning, americans are bracing for nows we are in recession with dropping gdp numbers. the president says he doesn t see that happening? president biden: we re not going to be in a recession in my view, the employment rate is still one of the lowest in history, the 3.6 area. my hope is we go from rapid growth to steady growths. we ll see some coming down, god willing, i don t think we ll see recession. griff: white house message focusing on how well the economy is doing because of how many jobs have been created. if you look at the economic indicators, the labor market, the average amount of jobs that have been created, about 400 per month, indicators do not show that we are in a recession or even a pre-recession. griff: she s not the only white house official challenging technical definition of a recession. i covered the economy for many years, i was told by everybody i ....

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BBCNEWS Breakfast July 7, 2024

good morning welcome to breakfast with luxmy gopal and rogerjohnson. our headlines today: leaders of the g7 will meet in germany today, with the war in ukraine and the rising cost of living top of the agenda. as he travels to bavaria, borisjohnson says he is actively thinking about a third term in downing street , despite criticism of his leadership. # i saw her standing there. the foo fighters frontman dave grohl joins paul mccartney on stage at glastonbury his first puiblic appearance since the death of his bandmate taylor hawkins. it s sunday the 26th ofjune. our main story: the prime minister is arriving in germany for the start of a g7 summit set to be dominated by the war in ukraine. as well as discussing ways to deal with russian aggression, world leaders will also look at how to manage the cost of living crisis caused in part by the conflict. our diplomatic editor, james landale, reports. in the bavarian alps, german police patrolled by air and forward, takin ....

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BBCNEWS BBC News July 7, 2024

the decision made in bucharest on membership for ukraine. welcome to madrid. you don t have a crystal ball, but i m wonderin-, how crystal ball, but i m wondering, how much crystal ball, but i m wondering, how much longer will it take for finland and sweden tojoin nato since it s a pretty and sweden tojoin nato since it s a pretty urgent situation? 30 and sweden to join nato since it s a pretty urgent situation? pretty urgent situation? so far, this is the pretty urgent situation? so far, this is the fastest pretty urgent situation? so far, this is the fastest accession - this is the fastest accession process ever. because finland and sweden apply to membership in may and now at the end ofjune leaders invite them to become members and they will sign for accession protocol and then what remains, of course, is the ratification. i cannot speak or promise anything under half of 30 different parliaments, but the message in the room is that, throughout the alliance, there i ....

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BBCNEWS BBC News July 7, 2024

the mp patrick grady steps away from his snp membership while police investigate allegations of sexual harassment against him. good evening. russian missiles have struck the capital of ukraine just as g7 world leaders gather in germany and as president zelensky warned the war was entering a difficult phase. the russian strike hit a nine storey residential building in kyiv, killing one person and injuring six others, including a 7 year old girl. our correspondent nick beake has been at the scene. once again, ukraine s capital is under attack. this video said to show the city s horizon as more russian rockets hit. explosion and once again, civilians are in the firing line. a residential block in the centre of kyiv smouldering, ripped apart. screams inside, rescuers reach a young girl, pinned down by debris. they manage to bring her to safety and then taken to hospital. moments later, ukrainian official appears outside, brandishing a russian passport, saying that one wom ....

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