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economists say this one should not hurt the economy. joining me now is cnbc senior analyst, congressional continue, julie tsirkin, and nbc news white house correspondent, al -- allie raffa. i want to read a few notable things. jason fuhrman, the former deputy director of obama's national council says the fed will be happy. the economy needs cooling off and this takes pressure off interest rates in accomplishing cooling off. a jpmorgan chase analyst says the agreement could function as the equivalent of a quarter point increase in interest rates in terms of helping to restrain inflati...

May 7th. On Michael Steele standing in for ali velshi. Opening fire into a crowd of people on a Shopping Outlet yesterday afternoon. Through the seven who were injured remained in Critical Condition this morning. The shooting took place at allen premium outlets, a Shopping Center that is more than 140 stores located. I did it is located about 30 miles north. Sounds of bullets sent hundreds of people running for cover and witnesses at the scene described a panic that ensued throughout the area. I see a lot of people running. We are wondering what is happening. As we approach we hear more rounds...

team. the four times indicted former president is in the middle of a very complicated legal situation as he faces 91 criminal charges related to his conduct before, during, and after his presidency. a civil fraud trial in new york for threatens the future of his real estate empire while a different civil it hold him liable of sexually abusing the writer and columnist, e. jean carroll. carol is also suing trump in a second defamation trial over commentshahe made on cnn in may about her. late last night, donald trump filed a brief to the d.c. court of appeals, continuing to assert that...

of arts, in the city's old town, a major tourist attraction. authorities evacuated staff and students, who were told to stay put and lock themselves inside classrooms. some climbed on to rooftops and window ledges to escape the gunfire. the shooting is the deadliest in the czech republic's history in a country where gun crime is relatively rare. sarah rainsford reports from prague. the centre of prague was suddenly transformed today into a major crime scene. armed police rushed towards a university building as a gunman stalked the corridors there. at that point, he was still on the l...

wolf blitzer's on assignment. i'm alex marquart, and you're in "the situation room." and first up tonight, our exclusive report on a federal criminal investigation into former president donald trump. attorneys for the former president unable now to locate a classified document that he referenced on an audiotape now in possession of prosecutors. kaitlan collins is on the team that broke the story and has the latest. take us through what we know. >> reporter: what happened is mario martin, this press aide to former president trump who was in the white house and now has followed him t...