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yesterday's scathing report on inflation as well. >> dana: that number coming in much hotter than predicted. data suggesting the president's inflation problem is here to stay. the markets reacted accordingly. >> bill: the dow plunged almost 1300 points, the worst day since nearly the height of the pandemic in june of 2020. the sell-off fueling predictions of an even larger federal rate increase. >> dana: the rate hikes designed to drive down the inflation hurting your wallet. americans are paying more for everything this year, food is up more than 11%, that's the largest increase in ...

it's backed off a bit, but if you look at the tech heavy nasdaq, it is off 4% and plunging. >> john: debbie dingle standing by with her thoughts on how this could affect her party's midterm chances. but first, to jacqui heinrich live on the north lawn this hour and rather ironic the president has a celebration of the economy this afternoon. how are they reacting to the cpi report? >> either the white house expected numbers a whole lot better than this or someone in the scheduling office had an unfortunate oversight and getting an earful. it is ironic they are hosting a bunch of democ...

casket travels from the palace of holyroodhouse in edinburgh to st. giles' cathedral. shortly after a service of a reflection of the queen's life will take place there. we will bring it to you live as it happens. >> earlier king charles gave his first address to parliament as the new monarch, referencing shakespeare and saying that the queen was, quote, a pattern to all princes living. the new king vowed to continue the queen's dedicated service to her people. watch this. >> as i stand before you today, i cannot help but feel the weight of history which surrounds us and which reminds...

when she had those audiences with the outgoing prime minister boris johnson and then invited the new prime minister, liz truss, to form a government. and i canjust see now in the background the hearse and other vehicles almost at the gates of balmoral. he came here at the start of the summer holidays, but leaves now for the final time. so, that was... it is difficult to sum up, isn't it, really, seeing the queen's coffin for the first time. i began by saying that so many people have said to me that this didn't seem quite real. and i know that people in local towns will be lining up p...

the queen's 70 years of service. ♪ >> elizabeth is now become queen elizabeth ii. >> elizabeth ii marks 70 years as queen. >> this is history in the making. >> it is called the platinum jubilee celebration. >> she's now the longest reigning british monarch and longest serving female of state in history. she entertained 14 british prime ministers, 14 american presidents. >> i raise my glass to you and to mrs. reagan. >> it is extraordinary, after all these years she's continued to uphold finest traditions of the monarchy. >> that's my home -- whether long or short, shall be committe...