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Mcmullen on persistent inflation and how the consumer is doing at the grocery store. Its a big deal for sure. Topping tape this morning is the focus on the fed and what youre seeing right now from markets is wait and see, Holding Pattern, if ive ever seen one. The s p is just about flat on the session and the nasdaq is outperforming, if you want to call it that, sarah. Its up about one quarter of 1 . Right now, weve got cnbc senior economics reporter Steve Liesman joining us right now steve, sarah and i talked about it this is very much about what the fed is going to say. Is there any surprise...

Tried to kill Vladimir Putin. They said they tried to do it with a drone attack on the kremlin aimed at the president ial residence inside the kremlin. There has been video released reporting to show this incident, that is the drone attack on the kremlin, and then according to the russians, they say with their radar sophistication, they were able to shoot the drones down. You see at least one blast in this alleged video of the attack. They go on to say, in a statement coming from the state media agency tatt, that they reserve the right to respond to this in any way. Branding it a terror attack...

Im melissa lee. Always good to have you, rebecca. And we start off with the sea of red on wall street major indices all down over a percent ahead of tomorrows fed decision investors seeing a more than 80 the central bank will raise rates another quarter percent. The big banks and regional efts hitting their lowest levels since late 2020. Pac west, western alinls, and comare ka down double digits the oih dropping 6 , lowest close since october, as crude tumbled back to the 70 mark investors blocking to the safety of gold. Both the Precious Metals and the miners offering some refuge amid the vol...

Subprime mortgage crisis again, and how would they force a bank to give a riskier borrower larry thats right. Youre exactly right. Theyre so stupid, theyre repeating the same mistakes. Elizabeth youre the best, larry kudlow. Were going to the take you through everything a that larry just talked about and what the media is not covering about hunter biden in court today and what theyre not covering about President Biden. But first this this is now hitting the white house. Third bank failure in just two months, were talking First Republic. Three of the four biggest failures in u. S. History happe...

Elizabeth warren will be here in the next 90 minutes to weigh in on the fed, the banks, and the big debt ceiling shutdown. Before that, lets get todays markets with about an hour before that decision. Dominic chu live at the New York Stock Exchange hi. Kelly tish, tyler, i will teu its a tepid market but not unsurprising in the fact we have a major catalyst in the fed Rate Decision for the time being we are seeing general positivity it had been mixed in the session but not much up or down. Generally speaking were kind of tilting towards the highs of the session. The nasdaq up about 1 p the s p...