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get out the dictionary. we'll define recession for you. here is the bottom line. the biden economy is shrinking as the fed unleashes rapid fire rate hikes to stave off the highest inflation in 40 years. let's get right to it. maria bartiromo joins us now. go ahead and give us the news because they projected .5% on the positive side. the number was a negative .9. >> we are now in recession and we can confirm that because it is two quarters straight of contraction. the economy shrank in the second quarter by 9/10 percent on top of shrinking in the first quarter by 1.6%. now so far all ...

this is "nbc nightly news" with lester holt. good evening there is significant movement to report tonight in the effort to bring home americans brittney griner and paul whelan, both separately imprisoned in russia. late today, secretary of state antony blinken acknowledging there was a substantial proposal on the table to facilitate their release. griner, the wnba star detained since february, who has pleaded guilty to illegally possessing vape cartridges with cannabis oil whelan, a marine corps veteran, serving a 16-year sentence after being convicted of spying in 2020. both, the...

forward. plus, it's called a substantial proposal, to bring to detained americans home from russia, and the battle to take back and major port city in ukraine, as the 11th hour gets underway on this wednesday night. >> good evening once again, i'm stephanie ruhle. we're learning more tonight about the justice department's criminal ingrained to january 6th. we found out earlier today that federal prosecutors obtained a warrant to search the cell phone of trump lawyer john eastman, back on july 12th. you remember, he was the guy behind the plan to get mike pence to overturn joe biden's...

>> good evening once again, i'm stephanie ruhle. we're learning more tonight about the justice department's criminal ingrained to january 6th. we found out earlier today that federal prosecutors obtained a warrant to search the cell phone of trump lawyer john eastman, back on july 12th. you remember, he was the guy behind the plan to get mike pence to overturn joe biden's victory, by rejecting electors from certain states. eastman, if you recall, took the fifth 100 times during his deposition with a house select committee. meanwhile, there are new reports that former white house aide...

morning. we have major announcements, joe biden will hold a phone call with the president of china. the state department offers a deal to russia to get brittney griner and paul whelan release from jail in moscow. at what price? we have the host of way too early and the bureau chief of politico, and the author of the big lie. we have u.s. special correspondent for bbc news, and the former chairman of the republican national committee. good morning to you all. let's dive in after a year and a half of on and off negotiations. joe manchin has reached a deal with party leaders to pass a n...