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more on all of that later this hour. but first the critical decision set to drop soon from the federal reserve. and cnn business correspondent rahel solomon is here with us. walk us through what is to come in the next hour or so and why it really matters. >> so the expectation is that chairman powell will raise rates about three quurs of a percent. that is not one to one in terms of borrowing costs. we won't see borrowing costs raise 75 basis points. but it does influence all of the categories. so costs will continue to go up. >> and i want our viewers to enter understand what this r...

in this case, it is quite jam packed. we're covering what's gown on in saudi arabia, all of that and vladimir putin going to that neck of woods, iran next week. let's talk about what happened this week with the president's trip, wrapped up now in the royal kingdom. peter doocy in jeddah, saudi arabia, with more. peter. >> reporter: neil, the president is aboard air force one. we expect him to take off for joint base andrews in maryland any minute. he came to the middle east looking for gulf leaders to boost oil production capacity because he thinks that might help lower gas prices ba...

states will in fact send advance rocket systems to the war-torn country. we'll have more on what changed the president's mind there. along with joe and mika, we've got mike barnicle and elise jordan and the former chairman of the republican national committee michael steele. we will begin in texas, where the official account has changed again, about how the gunman who killed 19 children and their two teachers entered that school in uvalde. last friday, you'll rememberer the director of the department of public safety said a teacher had propped open a door through which the gunman ent...

>> israel releasing video showing weapons found in united relief bags in a school in gaza, ground operations increased to southern gaza as israel says hamas is firing rockets in humanitarian zones set up by the idf. griff jenkins is on assignment. doron katz asher aishah: they demanded an immediate cease-fire. senior foreign affairs correspondent greg plcott has the latest. >> reporter: we are a mile away from gaza. since we spoke to you we've witnessed more intense fighting between israel and hamas. artillery and automatic gunfire going into this, up and down the gaza strip, full-sc...

>> dana: rescue mission ending with a missile attack against a u.s. warship off the coast of yemen. welcome to a new hour of "america's newsroom," i'm dana perino. >> bill: how was your turkey? >> dana: really good. >> bill: it was great. we talked since then. nice to get a break, wasn't it? >> dana: i had a good break. i'm refreshed and ready to irritate you. >> bill: you're welcome, too. bill hemmer, good morning. the u.s.s. mason responding to a distress call from a commercial tanker under attack by pirates. the mason and several aircraft demanding release of the vessel. five arme...