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why nasa is now joining the hunt for ufos announcer: this is nbc nightly news with lester holt good evening, everyone, from los angeles where president biden today offered an explanation for why consumer prices are still climbing may s numbers out today dashing hope inflation was starting to cool. instead it jumpe another percent growing to 8.6% year over year, leaving inflation sitting at 40-year highs affecting everything from home prices to food, clothing to gasoline put another way, american households are paying $460 more per month to buy the same amount of goods and services with the port of los angeles as his background president biden putting some of the blame on shippers, oil companies and vladimir putin as wall street suffered a major sell-off the dow lost 880 points, 2.7% the nasdaq down 414 points, 3.5% tonight, all eyes now turned to the fed and its next steps tom costello has more. reporter: the red arrows on wall street represent real money for am ....
Rachel what is she shooting out of there . Jee welcome back, everybody. Welcome back, everybody, back to fox friends. Were in our fourth and final hour. Were looking at Abby Hornacek in boulder looking at usc playing colorado, and shes got a tshirt cannon, a tshirt gun. Shes going to fire a tshirt out. And im telling you, they have been there all morning long which is pretty early for them, and they are excited. The crowds gotten bigger, id like to say moring sober, but i dont know. Abby, whats going on . Reporter im seeing a lot of sides of usc that i do not like. But these fans are so nice, theyre so excited. Where is all of this energy coming from . Weve been up long night were ready its game day, baby. Were so good. Reporter their eyes are super wide, the ones who didnt go to bed. [cheers and applause] what are you most excited about many. Im most excite for the energy, the game, everything. The hype is great. [inaudible] were ....
will not be the final witness in the civil fraud trial against his business organization. we ll go through the last-minute reversal from the former president. also ahead, we ll bring you the latest from the middle east. israel continues to strike what it calls hamas strongholds in southern gaza. it comes as we are learning more about some of the hostages still held by the terrorist group. plus, a controversial ruling in the state of texas. that state supreme court is blocking an abortion for a woman whose fetus has a fatal diagnosis. good morning and welcome to way too early on this monday, december 11th. i m jonathan lemire. thanks for starting your day and week with us. we ll begin here. former president trump will not, after all, testify in his own defense at his$250 million fraud trial. he was scheduled to take the stand today, but in a last-minute reversal, it was announced late yesterday he would not testify i his defense at all. he was previously calle ....