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cut for american workers getting less for their money. gas prices continue to climb. federal reserve expected to continue the rate hike. what is the administration going to do to get inflation under control. gerad bernstein. good to have you on. i wish we had better news. i'm certain you wish this was better news. but at the heart of this is the core inflation number. and when it comes to core inflation, that does not include energy or food but yet that number is the highest we've seen since 1982. sir, is it time for this white house and the biden administration to pivot on its econo...

>> duncan: used consider car prices are skyrocketing. >> reporter: how much did you pay for that out the door? >> 86,000. >> duncan: the world of car flipping. >> reporter: they gave you how much? >> $101,000. >> duncan: and remembering olivia newton-john. ♪ you're the one i want ♪ ♪ ♪ ♪ this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. ♪ ♪ ♪ to our viewers in the west >> duncan: good evening to our viewers in the west and thank you for joining us. i'm jericka duncan in for norah. tonight we start off with breaking news. the f.b...

skyrocketing. >> how much did you pay for that out the door with taxes. >> 87- and change. the inflation filled world of car flipping. >> they gave you how much? $101,000. and remembering olivia newton-john. ( singing ) she captured hearts as the girl next door and became an inspiration to many through her battle with cancer. ♪ ♪ ♪ this is the "cbs evening news" with norah o'donnell, reporting from the nation's capital. ♪ ♪ ♪ >> good evening and thank you for joining us. i'm jericka duncan in for norah. tonight, president biden and the first lady are in kentucky to get an...

as some states rush to ban abortions, others work to protect them. hours ago mississippi certifying the state's trigger law that makes nearly all abortions in the state illegal. we're following all the developments and the supreme court's latest decision that sticks with a familiar trend, dismantling the separation of church and state. first to cnn national correspondent nadia in mississippi. nadia, talk to us about the state's latest move and where it falls in the big picture. >> well, we knew that the state's first female attorney general, lynn finch, was a big supporter of overtur...

hello and welcome to audiences in the uk and around the world. we start here in the uk — where the bank of england is poised for the biggest rise in the cost of borrowing for 27 years — to rein in the soaring cost of living. economists expect the central bank to raise its main interest rate by half a percentage point — something it hasn't done in one go since 1995. that would take it to 1.75% the most expensive borrowing costs the uk has seen for almost a decade and a half — with further steep rises expected. it comes as a leading think tank has warned inflation could hit 15%...