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take him behind the school and beat him up. tough guy. but he falls over with the wind, going on air force one. nobody fs with the biden except for venezuela, saudi arabia, every other opec nation. we'll explain in detail. recently, biden got on his knees, hands and knees begging and pleading the saudi's crown prince to please produce more oil. he's been begging opec as well. the same crown prince in this case that biden openly refer to as a pariah, that he accused of torturing and murdering the journalist jamal kavhogghi. opec says they will be reducing oil production by a whopping ...

4% of the dow is the worst we've seen in two years. all hit hard because inflation remains stuck and no one can get it under control. an 8.3% annualized inflation rate. the core rate, that is without food and energy, also soaring more than 6.3%. this is the fourth 1,000 point sell-off for the dow just this year. again, this was a worse than expected inflation report. now the president is heralding this inflation reduction act that some people said is actually making the situation worse. because across the board, prices are going up. he's touting the prospect of eventually drug prices...

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...

join us coming up. >> john: first fox news alert to an economy in crisis. americans crushed on high prices from gas to food while their retirement accounts evaporate. growing concerns a dramatic move by the fed on interest rates could send the economy spiralling into recession. john roberts in washington. sandra. great to have you back. >> sandra: i am sandra smith in new york. this is "america reports." we are watching all of this, brand-new numbers today from may painting a bleak picture of the american economy. consumer and producer prices still skyrocketing, and hitting record hi...

/PRNewswire/ -- Ted D. Kellner, Todd Deutsch and Robert L. Chioini (collectively, the "Kellner Group") today issue the following statement in connection with...