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after a once this a lifetime blizzard pummelled the city. we ll take you live to buffalo, where the thashl guard is stepping in to help. the severe weather ignite ing a southwest airline meltdown leaving passengers stranded in airport terminals. the chaos stretching into another day with thousands of flights cab selled so far. we ll bring you a live report from the busiest airport in the country. also this hour, fresh fallout surrounding george santos, who admitted to fabricating his resume. we ll take a closer look at why a new york prosecutor is looking into the matter. and an update from the vatican this morning on the condition of pope benedict. we ll bring you the latest reporting on his situation. and the countdown to the new year is on. organizers for saturday s new year s eve celebration in new york city will hold their annual confetti test this morning before releasing 1.5 tons of confetti at midnight on new year s eve. we begin with our top story thi ....
economists were expecting. so what you have right now is a scenario where business level inflation does appear at least from one data point to be moderating a little bit, which is why even with that data showing a large year over year increase, up around 8.7%, it is still lower than it was in the previous month. that is leading some to be a little more optimistic which is why you are not seeing a mastiff market reaction today the likes of what you saw yesterday. but what it comes down to is whether or not this will change the calculus for the fed. and at last check on the heels of that inflation data this morning, there is now pretty much an expectation predominantly that the fed next week will raise short term interest rates by now three quarters of 1% and there is a 34% chance that the fed will raise rates by one full percentage point mark. and if they were do that, hypothetically, if the fed were to raise by one full percentage point, it would be the largest single r ....
Belt and road initiative, but it s something, in my opinion, has to be discussed with chinese government and, well, inside of the italian parolment. parliament. but anyway, we ll take a decision before december. maria: well, it s interesting, because we re dealing with this national security issue in america. do you believe that the ccp is also spying on italy? i think that with china we need to have deals. i mean, the fact is that we have to understand that it s a system that is quite different from ours. the role that enterprises have is not the same that they have of in a system like ours. i mean, our enterprises don t have to pass data to the government if the government asks. that is what makes the difference. and then with regard to china, i think the problem is how we come back to the discussion we were doing about globalization, it s how we can manage a world in ....
There was no changing their mind despite the evidence presented in this indictment. uh-uh also spoke with some people around the town in palm beach. many of them did not want to go on camera. those who did werepretty split what they thought of the indictment and how this should go down. i spoke to two people who supported him in the past, one a republican woman who doesn t think he had should run. in speak ining to that group, o thing they did agree on is this indictment could benefit donald trump. they think it will bring out hiss base in force. a lot of support coming forward in light of the indictment, including the supporters we see here at mar-a-lago. randi kaye, cnn, florida. boris johnson, the embattled form er british prime minister said he s had enough with parolment and is stepping down effective immediately. while kwiting is out of character for johnson, it proved ....
At least put pope in stable condition. thank you. prime minister benjamin netanyahu in the most right wing government in israel s history inaugurated today. he returns to power despite facing corruption charges. in an address to parolment, benjamin netanyahu he said the new government will focus on expanding jewish settlements in the west bank, something the u.s. have warned against doing. it s a hard line ultranationalist party and also raising concerns about possible infringement of lgbtq rights. his speech was interrupt ld from opposition leadership calling the leader weak. giving you a live look at times square. two days out from the biggest party of the year and minute was from a confetti test. we ll talk with the president of the times square alliance about how they are preparing for the first party of the pandemic era. ....