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FOXNEWS Special Report With Bret Baier July 7, 2024

inflation as bizarre. this as the dow takes another plunge. we have fox team coverage. susan li in new york tells us what s going on with the markets. white house correspondent peter doocy starts us off tonight. good evening, peter. peter: good evening, mike. in the president s first interview of any kind with a reporter since february and first print interview since may of last year, he says he thinks the reason that people are upset from this country right now is the pandemic and he says he does not believe a recession is inevitable. tackling inflation is my number one priority. also today he claimed that inflation isn t his part. the a.p. writes in an interview the president bristled at claims by republican lawmakers that last year s covid-19 plan was to blame for inflation reaching a 40 year high calling that argument bizarre. his treasury secretary it did contribute. that spending produced excellent rewards for americans at most it contributed modestly to i ....

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CNN Don Lemon Tonight July 7, 2024

will be, and challenging the democratic incumbent senator who is defending a seat, a seat in a state where joe biden won by about two percentage points. a nail biter today. john king, you are following key races out of south carolina, incumbents, representative nancy mace and representative tom rice, one of the rare republicans to impeach trump after the insurrection. what is the latest there? let s move across the country and look at the house. pull up south carolina. votes coming in a little more quickly than nevada but we re several hours in now. this is very interesting here. the seventh district russell frey is donald trump s candidate here, a conservative running against the incumbent. tom rice had that seat since 2012 and won big in the tea party year. he is getting 25% of the vote right now, disappointing for a republican incumbent who represented the district for a decade. 99% of the vote in. we re still tallying the final votes. the 50% plus one you avoid ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

years, marking the central bank s most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned it s at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? reporter: well, victor, clearly inflation is on fire. today the federal reserve officially called in help for some reinforcements. taking aggressive steps to raise interest rates and fed officials are signaling that even more aggressive steps may be needed to get inflation under control. listen to what jerome powell just said. we anticipate ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and evolving out look for the economy. clearly today s 75 basis point increase is an unusually large one ....

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FOXNEWS Fox News at Night With Shannon Bream July 7, 2024

president biden continues to defend his performance on the economy. why fact checkers say the numbers don t add up. the spike in crime could be worse than we think. we ll look at a new report that finds 40% of the country s law enforcement agencies have failed to report crime stats to the fbi in 2021 leaving us wondering what the real picture is. we begin with team coverage of another primary election night. mark meredith is in south carolina where there s a split decision to the two g.o.p. representatives who face off with two trump challengers. and bret baier joins us live in studio tonight to kick off our coverage on what would be a bellwether special election in the texas border district. very interesting one, brett. reporter: shannon, good evening. this is a really big deal. as we go to the big board here, i can tell that you this texas election, a special election in texas 34 which is a district that is essentially 84%, 84% hispanic. there s theboard i said woul ....

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FOXNEWS Americas Newsroom July 7, 2024

the gains since biden took office. bill: the biggest rate hike in three decades. new york post, it s looking grizzly. dana: adding to the concerns is the producer price index for may out just moments ago showing wholesale prices up 11% year-over-year. all of that gets passed right onto you, the consumer. bill: it does. the price of gas holding steady, record $5 a gallon all threatening to overwhelm a white house in crisis. we begin with griff jenkins on the north lawn. good morning. that s ppi number which increased month over month is not welcome news at the white house because it rose and it is rising is an indication that inflation may not yet have peaked. that number, by the way, without going into the weeds represents what companies pay to make the things we buy and that cost gets passed on to us. by the way, bill, i doubt the president wanted to wake up feeling grizzly this morning. a bear market occurs when an index like the s&p falls 20% off a recent h ....

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