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pace, that is the message from the federal reserve. america s central bank. the policymakers says they intend to raise interest rates practice in its july after taking a break last month to assess the impact of ten brevis increases. it comes as americans are having to pay more for basic goods, but while officials seem to be an agreement are for what to do next, after the meeting on wednesday, there was disagreement over the decision to hold off untiljune. some say they could ve supported a rate rise last month because inflation remains well above its 2% target. the minutes show how policymakers are grappling with how to tame inflation after it hit a high last year, even as they left the benchmark rate unchanged in a five to five and a quarter percent, almost all officials believe more rate hikes are needed. i had of thejuly meeting, there are two marquee pieces of economic data that is due out to the statement a chapter practice friday and consumer inflation next week. ....
us, you are in time for the top business stories. we start in the us where, as you ve been hearing in the last few hours, meta, the owner of facebook, instagram and whatsapp, has launched its widely anticipated new conversation app, threads. it allows users to create posts of up to 500 characters and is being seen as a clear rival to twitter. threads is available to download in more than 100 countries around the world, including here in the uk, but not as yet in the european union because of concerns over privacy regulations. meta boss mark zuckerberg says 5 million users have already signed up to threads in the first four hours. and many tech industry watchers say it poses a very real threat to twitter. i think threads will pose a huge threat to twitter because it is coming from the matter and instagram family of apps. instagram has 2 million users compared to around 250 million of twitter so about ten times bigger already. of twitter so about ten times biggeralready. ....
shots were fired around 12:30 a.m. rachel: it s unclear what started the shooting not. arrests have been made. we re going to be following this story that s developing as we speak, and we ll share the updates with you as we get them. will: and to another alert, protests continue in france for a fifth straight night after the shooting by police of a teenager last week. hundreds gather in the parisian suburbs. resulted in protests in some places and obvious riot and destruction in others. more than 700 arrests were made by early this morning according to french officials, and officers lining paris champs el say. joey: the reason why will read that. the violence reaching the home of a french mayor who says rioters rammed a flaming car into his home injuring his wife and one of his small children. he tweeted: my home was attacked and my family was the victim of an assassination attempt. wow. rachel: french president emmanuel macron even pulling out of a state visit to germ ....
were so gallantly streaming and the rockets red glare the bombs bursting in air gave proof through the night that our flag was still there o say does that star spangled banner yet wave o er the land of the free and the home of the brave pete: we begin with a fox news alert, armed rebellion by russian mercenary forces raging inside russia. a group that wants back in ukraine on the company s behalf claims to have control of the key russian city. will: president putin calls her betrayal as the us and the west wait to see if a move is made on moscow. rachel: alexandria is live with the latest. reporter: this focuses away from the offensive on ukraine into defending itself and the man leading this rebellion represents a striking turnaround in allegiance. former longtime valhalla mirror putin ally is promising to leave the private wegner military group into moscow, a meeting with the defense minister. he claims his group now controls the r ....
the region. there is a tornado on the ground. what can you do? booth at saelth pride parade encouraged kids to throw toy bricks at pictures of republicans, pictures of trump and ron desantis and other leaders. battle of the billionaires, the question remains, can they fight? mark zuckerberg knows jujitsu. brian: begin with new message that appears to show that hunter biden demanding millions from chinese energy company. ainsley: releasing comment about the bidens are best at making the chinese happy. steve: griff jenkins joins us. we don t know why they are asking for $10 million. it is after joe biden left the vice president job. a lot of dots need to be connected. griff: a lot. show me the money is the demand to this chinese energy company and he bragged nobody is better than his family at deliver ing results by his top bos. $10 million per annum to further the interest of the joint venture. the bidens are best at doing what the chairman wants from thi ....