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palestinian refugee camp. matt bradley caught in the firefight last night. good day, everyone. i m andrea mitchell in washington. we begin our second hour of andrea mitchell reports with the gun violence epidemic in our country. according to the gun violence archive, there were 17 mass shootings in 15 states over the long july 4th weekend. leaving 18 people dead and more than 100 others injured. it brings the annual tally to 351 this year on track to surpass previous records. right now in el paso, texas, sentencing is underway in one of the deadliest mass shootings in u.s. history, the 2019 walmart shooting, where the shooter pleaded guilty to federal murder and hate crime charges for targeting hispanic migrants. family members of his 23 victims are making impact statements in court later today. the gunman is likely to be sentenced to 90 consecutive life sentences. in philadelphia, a 40-year-old man has been charged with five counts of murder after allegedly opening ....
rahel solomon in for christine romans. a stormy and hot independence eve day eve, is in store for millions of people across the country. severe storms are expected to spread from mississippi to massachusetts, with wind gusts, hail and tornadoes possible in some areas. the streets of chicago flooded on sunday after record rainfall. meantime, more than 30 million people across the west coast, mid-atlantic and the carolinas will be under heat alerts today. and the severe weather could also mean another frustrating day at airports. nearly 7500 flights were delayed, more than 600 were cancelled across the u.s. on sunday. and since saturday, there have been almost 1,000 cancellations. so, a lot to get to, let s bring in right now, cnn meteorologist allison chinchar. allison, good morning. what areas are you watching specifically? good morning, rahel. two separate areas of western. the first one kind of slides up and down most of the east coast and a secondary position for t ....
to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the eas ....
inflation trending down. data due out later on friday from us economist department is likely to confirm prices are cooling. but with inflation still stubbornly high, policymakers here, as in many other developed economies, aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. all major major intersystem 0k all major major intersystem ok but japanese nikkei all major major intersystem 0k butjapanese nikkei opening but japanese nikkei opening slightly lower, butjapanese nikkei opening slightly lower, down by about i%. in other news, sporting goods giant nike has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have beaten revenue estimates for seven straight quartrs, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. chinese authorities have released ....
badly. the data however paints a different picture. the us economy grew 2% in the first three months of this year. that is almost double initial estimates. consumers spend more, exports held up and prospect for the second quarter also look better with the housing market focused on recovery and subsidies for semiconductor and electric car parts beginning to kick in. the challenge for america s central bank is to keep inflation trending down. data due out later this friday from the us commerce department is likely to confirm prices are cooling. but with inflation still stubbornly hire, policymakers here as in many other developed economies are not done raising interest rates. susannah streeter is senior investment analyst at hargreaves la nsdown. susannah, biden is obviously on a re election campaign. but if we look at his economic track record as president, how successful have his policies been? well, the problem that the us has faced, as have other economies around the ....