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BBCNEWS World Business Report July 7, 2024

global markets are eagerly waiting for the latest us inflation numbers and whether they will give any indication the rate has peaked. last week there was unexpectedly strong us jobs data which added to expectations the world s biggest economy is able to withstand a sharp interest rate rise by the federal reserve. but if inflation continues to soar it could change the likelihood of an aggressive big hike by the central bank. here s our north america business correspondent michelle fleury. after yea rs of no after years of no or at least hardly any inflation in the us, the past 12 months have seen consumer prices bugging sharply. the annual headline rate was 9.1%, the highest level for a0 years. economies expect the rate to call slightly to 8.7%. if that is the case that was ignored some welcome relief for us consumers and there are signs that americans do not expect inflation to continue at these levels for long. in addition, congress is about to pass the inflation reduc ....

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BBCNEWS BBC News July 7, 2024

are fitted with identity rings in one of europe s biggest flamingo colonies to help track their journeys and ensure their survival. hello and welcome if you re watching in the uk or around the world. the countdown is on, to the women s euros football final with england taking on germany in front of a sell out crowd of 87,000 fans at wembley. england who ve scored 20 goals and conceded only one so far have been getting ready to take on the most successful nation in the tournament s history. our sports correspondent, natalie pirks, looks ahead to the match that could provide a defining moment for women s football in the uk. you know it s a big deal when the queen s guard get involved. the familiar refrain of three lions has been echoing round every ground on route to wembley. # football s coming home, it s coming home. doubt again for this sell out final. from lionesses of the past to the current squad, as they survey the pristine pitch they took a moment to take ....

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FOXNEWS Outnumbered July 7, 2024

past months. remember, we are still hotter than $2 ahead of where we should be. the biden administration still won t take responsibility, though, for why the prices were surging in the first place. we have seen gas prices go down in the past 34 straight days. it s higher when you took office, though. first of all, we have to look at how we got there. if you think about the war that russia has taken on in ukraine harris: kayleigh, where is her binder? kayleigh: she needs one. [laughs] harris: let s take a look at the numbers of ourselves. on inauguration day, gas costs in average of $2.39 a gallon. now it cost $4.59. that s with that plummeting after hitting a record high of all time, $5 a gallon, just last month. now the president has never taken the blame for any of it. he s been leading the charge pointing fingers at the russian president. well, watch. the current spike in gas prices is largely due to vladimir putin. his price hike pugin s price hi ....

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CNN CNN Newsroom July 7, 2024

the bill includes $369 billion to combat climate change, largest in u.s. history. it gives medicare the power to negotiate some drug prices. it caps medicare out-of-pocket expenses at $2,000 and extended affordable care act subsidies for three years. white house reporter kevin livtak looks at what it means. jess, i want to start with you because we have news breaking in the last five to ten minutes, which i think is a good harbinger for your next few days at the capitol, where do things stand for the key elements for this to move forward? reporter: phil, democrats getting good news from the senate parliamentarian. to give you the big picture, they are using as you both noted this complex budget process that requires the support of all 50 democrats. doesn t need any republican support, but in order to do that the parliamentarian has to rule it passes and musters up to all of these rules surrounding it. we just found out really in the last ten minutes that the parli ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

the target of the georgia special grand jury investigative ef ef efforts to overturn the 2020 election. his lawyer confirmed that to cnn saying that a prosecutor from the fulton county d.a. s office informed him of that today. giuliani is expected to go before the same grand jury on wednesday, and it s not clear if he will invoke the 5th amendment. giuliani met with georgia state legislature three times in december 2020, this is right after the election, and during those meetings, he spread conspiracy theories about widespread irregularities and fraud and also the fallacy that two atlanta election workers smuggled fake biden ballots in with suitcases. none of that was true. let s bring in former federal prosecutor to discuss, your view of the legal exposure that giuliani faces, he now obviously is a target of this investigation. that s very big news, bigger than it might seem at first glance, victor. the term target has a very specific meaning in the context of crim ....

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