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much right at the moment. >> not necessarily feeling it right now, but in the future, i have big plans. if interest rates go up on the home mortgages, i could be a little screwed there. >> i'm in the corporate world. it's concerning. >> with the prices going up, we cannot afford sometimes what i -- you know. so it's hard for me. >> have to pinch here and there. still living our life. >> neil: the white house learning what americans knew all along. we're indeed in a recession. the economy pulling back as prices refuse to let up. stocks ignored this and moved up what is really up? we'r...

between the u.s. and russia and how soon paul whelan and brittney griner could be home as we go one-on-one with national security spokesperson john kirby. i'm hallie jackson in washington on this thursday afternoon. carol lee over at the white house, jake ward posted up for us in san francisco, our business reporter. carol, let me start with you. this is time number two we're hearing from the president today on the economic news of the day. >> reporter: that's right, hallie. what you're seeing is not just the president but across the administration, a number of officials are out talk...

sir salman rushdie, who's now on a ventilator, after being stabbed on stage in the us state of new york. more extreme heat is expected in the southern half of the uk over the next two days. that, as experts also warn england's drought could last into the next year. travel disruption after thousands of train drivers from nine rail companies go on strike across the uk today. it's the latest walk—out in a row over pay and conditions. now on bbc news talking business with aaron heslehurst. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let's...

holiday. we hear the president and democrats could be cooking up. welcome. i'm neil cavuto. let's get to it with jacqui heinrich at the white house. hi, jacqui. >> yeah, with gas prices where they are, the white house is considering an idea that they tabled. that's sending out rebate cards to americans. they're eyeing a decision by the end of the week on whether to extend a gas tax holiday. it is a short term solution as one industry ceo puts it that they say runs counter to the administration's broader strategy. >> the first year of this administration, they were focused on demand d...

levels. we're going to talk about that today. david asman and lauren simonetti will join us and then i'm going to speak with brian deese, the top economic adviser to the president. he's meeting with the president right now post this decision from the fed. i will ask him what the president has to say, what the approach will be. all along, the president says things like this. >> the bottom line is this. i truly believe we made extraordinary progress but laying a new foundation for our economy. >> and texas politics is in the focus with dana perino co-anchor of "america's newsroom" and ...