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BBCNEWS BBC News July 7, 2024

the bravery of the athletes coming forward has to be also a deliverer of change. their stories have been heard, and action now must be taken to accept that the failures of the past are being publicly recognised. the third hearing on last year s attack on the us capitol is taking place in washington. witnesses have been describing how former president trump put pressure the vice president, mike pence, to overturn the election results. hot and getting even hotter britain s heatwave is expected to peak tomorrow with temperatures of 3a degrees celsius. the bank of england has raised interest rates to their highest level for 13 years as it tries to dampen down the rapidly rising cost of living. they ve risen from 1% to 1.25%, the fifth increase in a row as it tries to curb inflation. but inflation, the rate at which prices go up, is still on the rise. it is currently at a ao year high of 9%, and there are warnings it could top 11% later this year. and if that wasn t difficult en ....

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BBCNEWS The Context with Christian Fraser July 7, 2024

a breach of the minesterial code. tonight with the context, the spectator s deputy political editor katy balls and the republican strategist doug heye. hello, welcome to the programme. we have lived through an era of record low interest rates. for years, it was cheap to borrow, while the money put away in savings accounts earned us very little in return. but things are changing. today, the us federal reserve set out an increasingly aggressive approach to monetary policy as it confronts the highest inflation in the united states forfour decades. in the last hour, it raised interest rates by 0.75% which is the biggest jump in rates since 1994. and that has implications for all of us. here s the chair of the federal reserve, jerome powell. the current picture it s plain to see. the labour market is extremely tight, and inflation is much too high. against this backdrop, today the federal open market committee raised its interest rate by 0.75% in anticipation of ongoing incr ....

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FOXNEWS Your World With Neil Cavuto July 7, 2024

president. police were chasing o.j. simpson in a white bronco. this time it s the feds chasing something else. not o.j. on the run, but prices out of control. experts call it getting ahead of the inflation curve. investors like what they saw. will you? after all, your borrowing costs just went up and stand to go up more. the hope is that the tough medicine will work and this inflation fever he break. the only question, of course, is when. we ve got you covered regardless. connell mcshane at the nasdaq and why traders are buying. the guy they call the sarge on whether order is returning. ed lawrence with jerome powell and gerri willis says many are rejoicing. welcome. i m neil cavuto. this is a much more expensive your world. for today at least, rejoicing at the prospect that it won t last very long. at least the high prices. we go to connell mcshane with more. connell? investors more than anything like what they heard from the fed chair, jerome powell, after the dec ....

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MSNBC Morning Joe July 7, 2024

the padres playing great as well. such a great division. can you believe the angels collapse? yankees initiated that and sent them into a tailspin. really? they lost 12 or 13 in a row before they finally won. loaded with talent but struggling a bit. stock futures are on the rise as investors anxiously await the federal reserve s action to tame surging inflation. this as president biden lashes out at republicans for blocking his economic agenda. msnbc s stephanie ruhle will join us to break it all down and the challenges ahead. and we walter isaacson with us. we were talking about presidents and inflation before. jimmy carter, i mean, you know, he had volcker, volcker tamed inflation. right. but there were so many global forces, external forces, you know, we like to think in america that presidents control the economy. there s so many external forces right now. especially now. especially now with two years of covid, the pent up demand. i underst ....

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

attempt to overturn a free and fair election. we saw stunning new images of officers desperately calling for backup as they were attacked by the rioters. there were also several new revelations from members of trump s inner circle in their testimony. his former attorney general bill barr detailed how he told the president his election fraud claims were b.s. trump s own daughter, ivanka trump, testifying that when she heard that she believed barr, and the committee vice chair, republican liz cheney revealed that multiple republican congressmen including scott perry sought presidential pardons for their roles in trying to overturn the election. cheney had a stark warning for members of her party. tonight i say this to my republican colleagues who are defending the indefensible. there will come a day when donald trump is gone, but your dishonor will remain. capitol hill police officers who were attacked, wounded by the rioters watched the proceedings in distress, some ....

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