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To see some strength from consumers but that is concentrated among hire income adults. if we continue to see inflation play out the way that we have over the past year which is to say hire more persistently elevated inflation, i would expect to see higher income adults start to feel more of that pinch and i think that we'll see spending contract as a result. thus far, for july's retail report, i think that we continue to see strength among higher income adults and that is likely to produce reason able intending numbers. again this is just part of the picture. we'll get the full picture later t...

Year. and your credit card debt is a lot more expensive just as more americans are resorting to their credit cards to keep up with the rising cost of living. the federal reserve has been aggressively raising interest rates in a bid to tamp down inflation. that means higher rates on most credit cards. and now the consumer financial protection bureau estimates a 5 grand balance, you pay an extra $1,000 in interest over the course of a year but of the higher interest rates. let's bring in john lear. good morning, john. that number really shocked me. i think that people keep asking me what shoul...

My previous article was on the theme of the connection between Marilyn Monroe and UFOs. And, the fact that Marilyn has now

Entrenched an self-fulfilling. >> essentially talking ourselves into a recession because of the way people feel. john, nice to meet you. do you think that the gdp number could be slightly positive? >> i think that it will be positive and the surprise will be to the up side. >> john lear, nice to see you. thank you. coming up, the surprise deal that cost almost everybody by surprise. like manny. event planning with our best plan ever. (manny) yeah, that's what i do. (vo) with 5g ultra wideband in many more cities, you get up to 10 times the speed atat no extra cost. get verizon business unlim...

Move for the s&p and the nasdaq, that is one of the best days we have seen in a couple years gaining 4.1%. rally coming after the federal reserve chairman jerome powell suggested that the central bank could, could slow the pace and size of future rate increases if, if the economy cools. at least that is what investors heard on wall street from all of that talking yesterday. a key measure of america's economic growth gdp is due out in less than three hours, a second straight quarter of declining gdp could rev up the worries. forecast is for slight growth in the second quarter after that worriso...