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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto July 7, 2024



taking calipari up on his invitation and catching a home game. love that story. i love it. cnn s coverage continues right now. good morning. i m erica hill. we begin with news just in to cnn. the u.s. economy growing in the third quarter and beating expectations. the gdp, a key indicator of economic activity, rising by an annualized rate of .6%, the first period of positive growth this year following two back-to-back quarters of decline. cnn chief business correspondent christine romans with us now. this is a little better than expectations. we were expecting to see a little bump here put it in context for us. this is american consumers, they weren t buying as many couches and tvs. they were dining out, going on trips. you saw how people were spending their money changed a little bit. it was a bounceback from the doldrums of the first half of the year. the big question is it the bump before the slump? the fed has been raising interest rates very, very aggressive ....

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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto July 7, 2024



continuing concerns over inflation. how do those two square? we ll have much more on that in just a moment. plus happening right now, an investigation underway in arizona after the democratic candidate for governor katie hobbs said someone broke into her campaign headquarters. kyung lah is following this for us in phoenix. and more on the break-in. and police say there were some items taken. what more are we learning about this break-in and also what was taken from the office? reporter: well the campaign is still trying to sort exactly what was taken. they have to inventory everything and figure out what sensitive material was or was not taken in this break-in. there has been a police report filed and they are looking for someone. the campaign did manage to capt a capture someone who they think did this on their security cameras. we were able to obtain the still images from the security footage which has been handed over to police. as police try to figure out exactly ....

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CNN At This Hour With Kate Bolduan July 7, 2024



raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let s get to the new report and what it means and what is it doesn t. matt egan is here. and what does this good news say about what is next? well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends slowed but it is still positive. i think that this should silence the argument that the u.s. economy is already in recession. right. gdp is positive, the jobs market keeps chugging along. new numbers show that initial jobless claims which is a proxy for layoffs, they remain low. at pre-covid levels. how you could have a recession if you don t have playoffs. this is so confusing. because ....

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CNN CNN Newsroom July 7, 2024



top of the hour on cnn newsroom. so good to have you. i m victor black well. i m bianna. less than two weeks until election day and new twists may shake up some key races. in georgia where the tied u.s. senate race could determine which party will have future control, republican candidate herschel walker is facing a second allegation that he paid for an ex-girlfriend s abortion. walker is calling this a lie. the unnamed woman says she is an independent who voted for donald trump and was walker s mistress in the early 90s. he has taken the position that he is, quote, about life, end quote, and against abortion under any circumstances when, in fact, he pressured me to have an abortion and personally ensured that it occurred by driving me to the clinic and paying for it. and in arizona, phoenix police say they ve made an arrest at a democratic candidate s headquarters specifically here, we re talking about the campaign office of ka ka katie hobbs, the democratic n ....

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CNN CNN Newsroom July 6, 2024



we will see. all that coverage, kaitlan, thank you. we will see you on monday. thanks, everyone, for hanging out with us this week. have a good safe weekend. we will see you monday. cnn newsroom is now. very good friday morning to you. no break from the news in sight yet, i m jim sciutto. yeah, it is quite a friday, it s been quite a week, i m erica hill. at this hour on capitol hill the standoff continues over who will be the next house speaker. we are entering the fourth day here and there is no clear end in sight. kevin mccarthy once again failing to get the votes he needed, failing for the 11th time on thursday. that hasn t happened in 164 years. afterwards, though, mccarthy telling reporters he s you know, he s going to be here. buckle up. no, no, i m not going to need a timeline. i just think we have progress going on, we have members talking. i think we ve got a little movement so we ll see. so we ll see. mccarthy allies and hardliner holdou ....

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