i gotta good feeling about this yeah, so let s get it i m feeling good vibes just in, new numbers for credit card and household debt, and vanessa, what are these numbers telling us? it is credit card debt up $16 billion, but the credit card
Bianka bryant, the daughter of the late basketball legend kobe bryant, who along with his daughter gianna and seven others died in a helicopter crash in 2020. bryant s widow, vanessa, posted a video of a special moment between swift and kobe bryant onstage back when he tipped his hat to her for a record 16 sold out shows the staples center. on the road is next, with a wedding day for the ages and the community that saved the day. announcer: this portion of the cbs evening news is sponsored by angi. visit angi.com t to connectt wiwith skilleded professioionalr all of y your home p projects. imagine ththis. a mild t to moderatete ececzema treatatment. .that t helps cleaear skin wiwithout pills,...
Having an effect on the public. new numbers today show a boost in consumer confidence. vanessa in new york has been looking at this. vanessa, it s a whole collection that have defied some of the more pessimistic expectations. when you look at the market and company earnings forecasts, what is that picture saying about the way ahead? reporter: commits aeconomist and analysts have been bracing itself for recession, the federal reserve saying they can still stick that soft landing and saying they re not forecasting a recession any longer. gdp outperforming expectations, the u.s. economy growing by a healthy and strong 2.4%, despite 11 interest rate hikes by the federal reserve and pce, the fed s preferred measure of inflation cooling in june, just
Ahead of its next meeting in september. wolf? you re right. vanessa, thanks for that report. now to an exclusive report, a source telling cnn that former u.s. marine trevor reed, who spent nearly three years detained in russia, is expected to make a full recovery after being wounded while fighting alongside ukrainian forces. our pentagon correspondent is covering this story for us. what more, oren, are you learning tonight? reporter: the former marine is being treated for wounds. he s expected to make a full recovery. that source saying he s recuperating very well, and they hope he s home soon and able to be with his family. to this point, his family has not released a statement but provided us with this picture of trevor reed. reed was injured about two weeks ago fighting on the frontlines in ukraine in bakhmut. it was a shrapnel wound and he
That news. it was because he said that they might hold steady at these rates right now, at what it is right now, wall street liked that. the dow did close just slightly up, but it helped extend a 13-day winning streak, wolf. something we haven t seen since 1987, wolf. vanessa, what else did the fed chair say about recession concerns? reporter: he believes that we can still stick a soft landing, and also the central bank saying that a recession is no longer in the forecast. but something to watch is wages, wolf. wages are outpacing inflation for the first time since early 2021. wage growth is about 4.4%, and inflation is 3%. so the fed may be watching that, thinking are people getting comfortable with these higher prices? are people going to continue to spend? also, wolf, consumer sentiment last month, the highest since july of 2021. so a lot for the fed to consider
Subway s now slicing their meats fresh. that s why subway s proffered by this champ. and this future champ. and if we proffer it, we know you ll proffer it too. he s cocky for a nineteen year old. the federal reserve raised interest rates a quarter of a point today for the 11th time in 17 months. and there are hints of another rate hike later this year, as the central bank works to lower inflation. for more on all this, i m joined by vanessa. what can you tell us about today s hike and what it means for the u.s. economy? this was expected, wolf.
Right now. it makes you think. maybe you didn t expect that from the barbie movie, but it will make you think. the reviews. my mother-in-law and i very much enjoyed it. we did not wear pink though. thank you, vanessa. i m definitely wearing pink with my daughter. ahead, this. there s my car with a bear inside of it. so fun. this bear s absolutely destroying the inside of my car right now. oh my gosh. okay. that happened. a bear got stuck in a woman s car. this was in south lake tahoe. look at that. that actually happened. this bear was able to open the door, get inside, apparently close the door too, but couldn t get out. the police opened the door with a rope. the bear ran free, and the car was left as you can imagine, unrecognizable. the bear chewed and ripped through the interior and unfortunately that s not all. she s just cleaning out the poop in my car. the bear pooped. job well done. my car smells atrocious, bit
okay. don t point to me since 1959, because i am not that old. and now, a lot of people don t know the story of oppenheimer and the atomic bomb, and these were fresh takes for people, and they wanted something new, and they loved the double viewing that they had this weekend, and over five hours of movie viewing, and hey, it is the weekend and maybe people have time for both. i have not seen them. me either. maybe it is great for fresh characters and not a sequel for once. thank you, vanessa. coming up, russia releasing a barrage of attacks on the ukrainian grain storage. and also, what is new with the gilgo murder investigation.
It feels like people are taking part in an experience? i on friday, i was at the movie theater reporting outside of the movie theater and met a woman who was dressed up as barbie, her boyfriend dressed up as oppenheimer and they were doing that double feature where they saw barbie, taking a quick intermission and then going to see oppenheimer. people were celebrating this weekend by going to these two movies and clearly, clearly it paid off. i think they would have liked each other. had they had a chance to meet in person. maybe that s the sequel. they would have gotten along. barbenheimer. you have the name for the movie. vanessa, thank you. thanks for letting me join you today. it was awesome. come back. i might. this is cnn news central. inside politics s coming up next. save and spend their money with chase. the chef s cooking up firsts with her n new debit card. hungry? -uhuh. the designer s eyeing sequins. uh no plaid.