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candidate to declare victory any way. inflation jitters are turning into tremors on wall street. the dow has its worst day in nearly two years amid a crash in retail stocks. and a new report warns the world is coming closer to catastrophe as four key climate change indicators set new records. >> live from cnn center, this is "cnn newsroom," with rosemary church. >> good to have you with us. the fiercely contested republican senate primary in the key state of pennsylvania is likely to drag on for days while every last vote is tallied. it's a critical showdown that could affect whi...

reported, get this, a stunning 52% drop in first quarter profits, that was just a day after shares in the nation's largest retailer walmart had their worst day in 35 years. what is going on here? they have their fingers on the pulse of the american consumer and they say inflation was the problem, their customers are sticking to the basics when they come in, leaving with fewer items in their shopping carts. those purchasing decisions being driven by sticker shock of course. basics are getting much more expensive, gas up 44% the last year, car, food and shelter also way up. americans a...

nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart's stock fell more than 11% on tuesday, the company's worst day since 1987. >> and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting...

from now. we will bring you those comments from that podium there live. white house officials say today's meeting will allow the three nations to, quote, coordinate a path forward and compare notes on the move. this comes just hours before president biden leaves for his first trip to asia since taking office. over the next several days he will make stops in south korea and japan with hopes of reinforcing those alliances, of course, with china in mind there. plus, we are watching a continuing losing streak on wall street. the dow down again this morning, though, not quite as far as it...

environment. finland takes the step of nato membership in order to strengthen not only its own security, but also in order to strengthen wider transatlantic security. this is not away from anybody. like you, mr. president, said nato is protective, not a threat to anybody. at the same time we must not forget that, at this very moment, the proud people of ukraine are fighting not only for their own freedom and democracy, but for our common security. finland, together with the eu and the united states, stands firmly behind ukraine. so, mr. president, once again, i want to thank you for ...