Page 20 - Matt Eagan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Industry. when things are bad, they're really bad. i mean, these companies lost a lot of money in 2020, but clearly, they're making a lot right now and meanwhile, you're seeing gas prices tick higher, $3.50 a gallon. well below the peak from last year, but we need to keep an eye on gas prices. >> maybe they can spread some of the wealth. >> maybe. >> ever think of that? hmm. matt, thank you. all right, russian air strikes targeted kramatorsk today, destroying neighborhoods and killing several people. cnn was on the ground when the missiles hit. that's ahead. so to help you remember that libe...

Gauges are on tap, and that should give us a sense for whether the fed's medicine, which is designed to ease red-hot inflation is working. patience is running thin on both wall street and main street. amara, boris? >> matt eagan, minnesota thank you so much for that reporting. still ahead, new details in the georgia investigation and some of trump's allies and their efforts to your turn the 2020 election. we're going to tell you what we're learning about possible indictments in that case and how soon they could come. "new day" continues after a moment.

>> that doesn't necessarily quash the concerns about what the future holds. here's matt eagan. >> this was another brutal week for the american economy. stocks are down, inflation and borrowing costs are up, and all of this is causing real economic anx anxiety for families. the good news the job market is still strong, layoffs are uncommon those they are picking up. the white house concedes the jobs market needs to slow down to get inflation under control. the inflation is as high as it's been since 1994. the goal is to chill the economy out but not cause a recession. mortgage rates are spikes...

Threat to democracy, and she told me she was invest vesting in a new type of blinds in her office so people couldn't see into her office from across the street. federal resources are being pitted toward protecting election officials. sources said it's not enough money or resources to adequately tackle a problem. >> and just the fact that their physical safety could be at risk here is concerning. obviously. shawn, thank you. you're going to continue to follow that story. turning out to the economy, the stock market is mixed today. could potentially close out a rough week with more losses. as wa...

Spike since 1987. mortgage rates have almost doubled from a year ago. the higher rates go, the less home you can afford. by a home for $250,000 will cost you $335 more per month than it would have a year ago based on mortgage rates. a $500,000 home is now $670 more than a year ago. this isn't for more home. this money is going to the bank. this is because the federal reserve is resorting to aggressive interest rate hikes to try to get inflation under control. this is a future, not a bug of the fed's plan, but if you extrapolate this out throughout the entire credit sensitive economy, you can s...