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hovering around 2%. right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expens...

right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it...

out another week without being murdered. nypd t transit cops caught an alleged killer and suspected serial slusher in under 24ers hours. [ applause ]. >> about teenager huh. huh? it wasn't that hard since they were both wearing i heart murder and slashing t-shirts. but seriously, you won't believe how the police didw this.th they used this amazing tectology. pictures. yep, the cops recognized both the perps from internal department wanted posters. amazing how this whole thing works. you have a guy's description then you circulate it. that helps you catch the guy. it's insane.'s prett...

without being murdered. but also four nypd transit cops caught an alleged killer and a suspected serial slasher in under just 24 hours. [cheers and applause] >> greg: about time, huh? it wasn't that hard since they were both wearing i heart murder and slashing t-shirts. but, seriously, you won't believe how the police did this. they used this amazing technology, pictures. yep, the cops recognized both the perps from internal department wanted posters. it's may i seeing how the whole thing works. you have a guy's description and then you circulate it. and that helps you catch the guy....

hello, i'm ana cabrera reporting from new york. i want to get right to the breaking news we're following this morning. donald trump arriving just moments ago at a manhattan courthouse for the closing arguments in his multimillion dollar civil fraud trial, and he spoke just before going into the courtroom. there is high tension this morning because trump has suggested he could challenge the judge who has barred him from speaking during closing arguments. another big development, a threat we're following, law enforcement responding to a reported bomb threat at the judge's house this mo...