told and the storms ahead. Money to treat them held up in washington. This is an embarrassment to the senate, to the country, to the founders and all held dear. An american couple photographed wearing and alleging kgb uniform. Now, both are charged with Identity Theft. The allegation and the denial , building a new Political Party. President trumps inner circle continues to meet with the j6 committee. What happens to your digital life when you die. Live from cnbc. The facts, the truth, the news. The economy is on the verge of a recession or a recession has already started. The white house says, no. The fed doesnt think so either but new data may suggest otherwise. We learned today that the economy shrank. The gdp fell. 9 . Nationwide spending is slow. Investments have dropped and inventories have dwindled as Companies Struggle to keep the shelves stocked. Six straight months of negative growth. Two quarters, longheld rule of thumb but many economists say it is not that simple and that other factors need to be taken into account like wages and employment. President biden stressed that, today. We have a record job market of record unemployment of 3. 6 , today. We have created 9 million new jobs, so far, since i have become president. Businesses are investing in america at record rates. That doesnt sound like a recession to me. Janet yellin echoes the presiden number tot. Understan in the context of todays report, it is important to look beyond the headline number to understand what is happening. Overall, with the slow down in project demand, this report indicates an economy that is transitioning to more steady, sustainable growth. Secretary yellin urged experts to avoid getting into, as she put it, a semantic battle when talking about the health of the economy but americans are feeling the pain. Many are struggling to stay afloat amid the Interest Rates and skyhigh inflation. We have the plan to push address inflation. Is the root of all of this inflation . It very much is inflation but i would say, you look at this news and in many respects, this is what we meaning the country actually wanted. Inflation was moving at a very high pace and we want to slow things down. What is happening . Things are getting slower. So we are all looking at saying, that feels bad and it does but inflation into itself, if it were to continue, might feel worse. There is a bit of context you have to put around these headlines. You hear about a lot of job changes and the question is, can the fed get inflation under control without hurting the economy to bad . Interestingly there is a possibility there , ll be a when youquote look ut at the way the stock market reacted, there is the sense that maybe the fed has done its job and wont have to continue to raise Interest Rates as much as some people expected. There is the possibility that there will be a quote, unquote soft landing but i think over the next several quarters, things are not going to feel like they felt 12 months ago. A chance of a soft landing but i am hearing people say, yeah, there is a chance but it is not a good chance. I do think it is relative. Compared to where we were and i think there is a lot of second guessing as there should be about when the fed started to raise Interest Rates. Had they been able to get ahead of this and start raising Interest Rates months earlier than they did, we might not be having the problems that we are having, today. One of the things we are always talking about is supplychain and wages going up. Wages going up feels good but raises costs for everybody and the fed has a very blunt instrument which is to make everything costs more. President biden insists the Senate Democrats map a new spending deal will ease pressure on the economy. They are calling it the Inflation Reduction Act. Today, the president described it as an historic agreement that will fight inflation, lower healthcare costs and tackle climate chang bill is fae we are facing some of our biggest problems and we are taking a giant step forward as a nation. This bill is far from perfect. It is a compromise. But that is often how compromise is made. The deal was essentially dead until joe manchin reversed course and threw his support behind it, last night. He had been holding out for weeks but Chuck Schumer still faces an uphill battle to pass this bill. Coverage continues with caleb. Break down the bill for us. Reporter the 11th hour deal reshapes policy and will likely be the last big bill passed before the midterm after the house passed the chip bill, today. The Inflation Reduction Act provides 385 million in funding for clean energy, subsidizes for three years and allows medicare to negotiate drug prices and pays for it al than half of that, nettingl 300 bill mostly by establishing a 15 minimum tax on corporations. Democrats say it raises the 739 billion in funds just half of that. 300 billion that they have pledged for debt reduction. Senator mentioned has launched an intervention this week. Larry summer to talk to mention in detail about why democrats propose the economic package including the Energy Provision would not lead to higher prices. Today, i asked the administration. Reporter i am wondering where the assurance is that that legislation would lower inflation. I would refer you to Larry Summers on the conversation they had. I know that he has been very supportive of the act. Inflation reduction act. I am just not going to go into any further details. Reporter the Senate Majority leader told his caucus that the bill captured the parties longtime priorities and urged them to pass it before heading home in august. He did mirrored when asked. Look, the members are reviewing the text, the long text of 700 pages and giving everyone time to review the text. In the meantime, we are continuing with the birdbath and we expect to move forward next week. Reporter the bill could see a vote next week but democrats currently dont have critical maps. Patrick leahy has said he would return to vote. Durbin and mansion currently out with covid. Catastrophe in kentucky says the governor. A one in 1000 year flood across the southern part of kentucky. The waters turned deadly overnight and another round of storms set to pummel the area this evening. The governor declaring a state of emergency. This is, by far, the worst flooding and disaster at least in my lifetime in kentucky. It has wiped out what we believe are hundreds of homes. We have half of some of our counties underwater. We are going to lose double digit lives. I know we have already lost at least eight. But i know there are many more than that. The flooding has varied talents. This drone about three hours east of louisville. Entire buildings underwater. Only the roof is still visible and the roads are turned to rivers. The governor says National Guard and state police are still searching for people caught in the flooding, stuck on roofs or even entries, he said. He said some areas still have not crested. Up to one foot of rain fell in some areas overnight. In this video from st. Louis, today, just this afternoon, another storm hammering that area after recordsetting flooding just two days ago. This entire street underwater. Fire officials reported multiple people including children trapped inside of a daycare facility and, moments ago, they said they rescued six kids from that building. Now the storm that hit missouri has kentucky in its sights for later tonight. Mackey is tracking the situation in hazard, kentucky. Reporter in a swath of the south submerged, total devastation and a death toll expected to climb. We have damaged bridges. The whole roadway is gone. Reporter the city of hazzard devastated after torrential rain and sweeping flash floods and mudslides. Everybody knows everybody around here. When it comes this fast, there just aint nothing you can do. Reporter confirming dire numbers including eight People Killed including an 81yearold woman. The governor declaring a state of emergency. We probably have not seen the worst of it. Sadly, we believe we will lose kentuckians and a lot of kentuckians will lose most of what they have. Reporter Recovery Efforts complicated. Knocking out power to more than 25,000 people and wiping cell coverage throughout the region. In a nearby town, rescuers scour a assistedliving facility. This is a roof ripped off and tossed to the side. There is a power pole snapped in half and look at the debris on the side of the road. It looks like a tornado hit. Reporter wreaking havoc, repeated rounds of showers and storms over Eastern Kentucky overnight dumping rain onto ground already saturated. The same type of storm that walloped st. Louis earlier this week. Fema and the National Guard are on the ground in kentucky. Judy butlers Home Flooding for the second time this year. Round one was back in march. The first time, we had insurance. This time, we dont. But we will make it. We always do. Former President Trump acting chief of staff testified before the january sixth committee for more than two hours, today. T for a start . You asked to come in or did you volunteer to come in . Were you at the committee or did you volunteer . Subpoena or no insurrection. At the time, he wa . Serving in Mick Mulvaney resigned on the night of the insurrection. At the time, he was serving in Northern Ireland after mr. Trump replaced him with mark meadows. E days in a long time, he put it. Mike pompeo now as mulvaney was leaving, he told reporters he had spoken to anybody from the Trump White House days in a long time, as he put it. Mike pompeo now confirms he is also in talks with the january sixth committee to possibly testify. He told foxnews he is still trying to figure out whether he will do it. In the meantime, Betty Thompson says the committee had formalized a system to share evidence and witness transcripts with the Justice Department for its ongoing criminal investigation. As nancy pelosi gears up for a potential trip to taiwan, chinas president with a stern warning, today. The threat he delivered to the United States but does the rhetoric match the reality . North korean dictator says he has nuke u. S. Allies responded to thes threat. And and he is a ready todonald use them in a military conflict. Now, his closest neighbor and u. S. Ally response to the threat. Mcdonalds plan burger available as they say for a limited time only. It turned out very limited. Why they are dumping the veggie option. The facts. The truth. The news back in 60 seconds. Mail letters ship packages anytime anywhere for less a lot less get our special tv offer a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again the chinese president xi jinping delivering a stern warning to President Biden as tensions escalate quickly over taiwan. In a call that lasted more than two hours, xi jinping warned President Biden those who play with fire will perish by it, in a hope that the chinese president delivering a stern warning to biden, today, as tensions escalate quickly over taiwan. In a call that we are told lasting more than two hours, she warned President Biden, those who played with fire will perish by it. It is hoped that the u. S. Will be clear eyed about this. That the direct quote, the u. S. Readout made no mention of this quote. Right now, beijing is threatening strong measures if nancy pelosi visits taiwan during her Upcoming Trip to asia. Sources tell abc news she will lead on a trip tomorro taiwan, of coursw. A lightni ta ro is holding a massive military exercise that simulates a chinese invasion of the island. Taiwan, of course, a lightning rod and a dangerous flashlight. The United States applies taiwan with billions of dollars in military aid but beijing insists taiwan wants to break away providence that rightfully belongs to china. The president has vowed to reunify with taiwan and a drastic military buildup has raised fears that beijing might be preparing for an invasion. The white house says President Biden and he had a direct discussion about taiwan and that biden underscored the u. S. Opposes any changes to the status quote with taiwan. Lets turn to michael hamlin. Michael, all of the saber rattling is the status quote still workablehope so. If you change the status quo, how will . You i dont see an alternative so i hope so. If you are going to change the status quo, how are you going to change it . Is china going to take taiwan, is taiwan going to go to independence . Are we going to encourage taiwan to do so . All of these are a potential war. In the meantime, china can still say it wants taiwan back someday. Taiwan can still govern itself. Its people have a great technologybased and industrial base. They have a Good Relationship with the rest of the world and we ourselves do not have official relations with taiwan but the status quote has been pretty good for everybody for a long time. And i just hope that cooler heads will prevail and recognize that it is not so bad. The senior officials tell abc news that President Biden and xi discussed the meeting in person. Good that secretary blinken an when could that sort of thing happen . First i would say that it is good that these two gentlemen talked and it is good that secretary blinken talked to his counterpart and secretary austin talk to his over the last few months. That is a lot better than letting this thing go off the rails. Summits tend to generate a lot of press coverage and a lot of discussion. Sometimes, they are overhyped. Of contention and disagreement. If y they look for areas where they can cooperate and yes, there were some areas of contention and disagreement with kim. If you talked for two hours, you probably have some real business that you discussed, as well. I am not concerned about the summit. The president had a summit with kim of north korea. That did not really lead anywhere so i think it is important to keep these Communication Channels open. Michael ohanlon, thanks as always. You mentioned kim, he is ready to use nukes should any potential military conflicts arrive according to the state media. Kim making a declarations. He said drills between the u. S. And south korea are gangster like and show a double standard. In a statement, south korea says they would be ready to take action against any sort of threat from the north and a powerful and effective manner. North koreans conducted more than 30 missile tests so far this year compared to eight in all of last year. Jetblue and spirit reaching a deal to join forces. What made spirits ceo jump on board and how the airlines plan to win over the department of justice. Four cases of covid among almost 1 Million People in lockdown as the zero covid policy returns to the place where the pandemic began. These folks dont have time to go to the post office they use stamps. Com all the services of the post office only cheaper get a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again. Flowers are fighters. Get a 4week trial plus postthats why the a dialzheimers Association Walk to end alzheimers is full of them. Because flowers find a way to break through. Just like we will. Join the fight at alz. Org walk as a business owner, your bottom line is always top of mind. So start saving by switching to the mobile service designed for Small Business comcast business mobile. Flexible data plans mean you can get unlimited data or pay by the gig. All on the most reliable 5g network with no line activation fees or term contracts. Saving you up to 500 a year. And its only available to comcast Business Internet customers. So boost your bottom line by switching today. Comcast business. Powering possibilities. With xfinity internet, you get advanced security that helps protect you at home and on the go. You feel so safe, its as if. I dont know. Evander holyfield has your back. I wouldnt click on that. Hey, thanks we got a muffin for ed all right you dont need those calories. Can we at least split it . Nope. Advanced security that helps protect your devices in and out of the home. I mean, can i have a bite . Only from xfinity. Nah. Unbeatable internet. Made to do anything so you can do anything. Jetblue airways agreed to by Spirit Airlines in a 3. 8 billion merger. This will create the wor Jetblue Airways agreeing to buy Spirit Airline in a 3. 8 billion merger creating the fifth Largest Airline according to the company. Government regulators still have to approve the deal. Reporter jetblue looking to become a bigger airline with more planes and routes and buying low cost carrier, Spirit Airlines. The best thing that we can do to create a more vibrant, a more Competitive Industry is to really empower this new, larger jetblue which can bring low fares and Great Service together and make sure that the industry becomes more competitive. Reporter spirit has become known for its low fares, popular with travelers looking to save money, similar to what Frontier Airlines offers. One reason they agreed to merge even when jetblue made for lucrative buyout bids. The frontier deal, spirits leadership has said a jetblue deal would be rejected by the Biden Administration because it limits competition but one shareholders rejecting the deal, spirits ceo did an about face and tells us the benefits of joining jetblue. We had a merger agreement and we were soliciting on behalf of that merger agreement but now we have a very exciting transition on behalf of our shareholders and team members to deliver a lot of value and create a national competitor. Reporter it may take more than a year for the department of justice to decide if the combination is good for travelers but winning over the doj wont be easy which is why jetblue and spirit are willing to give up some of the gates at airports where both airlines operate. Third parties in this country have failed over and over, again. And there is a new group that is giving it a go. This time, they say it will work. One of the republicans is behind it, tonight. A vote helping veterans exposed to burn pits bells in the senate. All it means is they dont have to decide between the cancer drugs in the house. Jon stewart calling out lawmakers. We talked to him about his latest fight side by side with military veterans. When we reached the bottom of the hour, it is the top of the news on cnbc. Just like that go to shipstation tv and get 2 months free covid has come home to roost. China imposing new lockdowns. Nearly 1 Million People in a district once again facing restrictions after authorities reported just four asymptomatic cases. Four of them. New york city is averaging 3900 new infections every day but four is far too many for china and its zero covid strategy. Many businesses are shut down twice tys. And telling people, you must stay home for the next three days. Reporter this isnt wuhan in 2020 with the covid outbreak but wuhan has shut down so suddenly that some say they could not return to their home. I guess i will have to be a vagabond, this woman says. Reporter cities still using the same tactic to stop the spread. One is a resort town where thousands of tourists were trapped after the city imposed a lockdown ordering mass testing. Manufacturing mandated the Biggest Company to operate in a closed loop with workers living on site. Shanghai ordered similar arrangements halting work for three days. Frustration continues to grow but no relief in sight. As evidence, the most powerful governing committee instructed officials to prioritize keeping covid cases near zero for the good of the party. Two titans out with earnings and they are topping cnbc on the money. Amazon reporting 7 growth in revenue. That beats wall streets expectations and send the stock flying. Posting a 33 gain, the retail giant also gave an upbeat outlook for the current quarter. Apple following suit, a 2 rise for its latest quarter. Apple Services Division grew 30 . Mcdonalds confirming that its test run using plantbased patties. The demand is lacking. Mcdonalds rolled out back in february. More than 50 for the year. Ditching the green to go green. Cocacola reports it is dropping the color green from sprite. The reason . Sustainability. Opting for clear plastic because it is easier to recycle. It has been packaged in green since its debut in 1961. Today, the National Average for a gallon of gas is 4. 27. It has gone down for four straight days. The average still up 35 from a year ago. On wall street, stocks rallied for a second straight day. The dow jones up 332. S p up 49 and the nasdaq up 130. I am Sheppard Smith on cnbc. It is the bottom of the hour. Time for the top of the news. An american couple photographed wearing an alleged kgb uniform and why their logger says they are not spies. Fed up with the two party system . Tonight, the politicians offering something new. One of the original organizers joins us live with their plan and platform. First, an important bill for americas war heroes goes down in flames in the senate. Locking for millions of our war veterans, veterans exposed to toxic burn pits while serving in iraq, afghanistan and beyond. Just last month, and nearly identical bill passed with overwhelming support. 80 414. Then it went to the house where lawmakers made one small tweak. And they also voted to pass it with overwhelming bipartisan support. 34288. From there, it went back to the senate for a final vote. Senate republicans used a procedural vote to block the bill. 5542. Nearly 30 republicans changed their votes from last month and now say they want to be able to add amendments to the bill. Pat toomey of pennsylvania says his problem with the bill is a budget issue that could lead to unrelated spending. My concern about this bill is completely unrelated to the 280 million with the spending. There is a budgetary gimmick that has the intent of making it possible to have a huge explosion in unrelated spending, 400 billion. We will hear from jon stewart on that. He has been pushing this bill for years. Today, he ripped into republicans who are against it. American heroes who fought in our wars outside sweating there [ bleep ] off with oxygen battling all kinds of ailments but these [ bleep ] sitting in the air conditioning, walled off from any of it the bill was called the packed act and it was set to make two major changes. It would extend for medical care from the department of Veterans Affairs and underride, the va would presume that veterans who develop certain respiratory illnesses and cancers were caused by exposure to those burn pits. Rejecting more than 70 of all disability claims that are related to the burns siding lack of proof that they caused the illness. The us military routinely used open pits like these during the iraq and afghanistan wars. I saw them. Troops burned trash with dangerous materials including plastic and human waste. That is illegal in the United States but not in the United States wars. Jon stewart is the host of the problem with jon stewart on apple tv plus, these days. Right now, he is in the parking lot of the nsa. You said you are used to the hypocrisy but not the cruelty. Is this a new low as you see it . You know, in my experience in all of this, as you remember from the fight during the 9 11 which you were very instrumental in, you know, we are used to having to cajole and push but this is a level of cruelty i have never seen. They passed it on june 16th. These folks have worked for more than a decade to get the recognition that sleeping next to 10 acre pits filled with everything that an army can discard and covered in jet fuel might not be good for you. You know, pat toomey says he is worried about misappropriating or misusing the money. He knows very well they have a 60 billion slush fund that the military works in there every year that has no accountability at all and he is also aware that these people are sick so what is the rub . It cant be misappropriated. The bill describes what the money is to be spent for. And, every year, the va secretary has to present to the house and to the senate and to the appropriators, right . He has to present to them what his appropriations are for that year. And the money cannot be spent. It is not a slush fund. It is designed for the healthcare and benefits for those who have been exposed to the toxic wounds of war. So it is just a lie. Now, pat toomey doesnt want to have a vote. They have offered his amendment which is a poison pill amendment. They have offered a vote at the thing same threshold and what pat toomey is saying, no, no, no, i want unanimous consent just in the bill. While they are doing this, veterans with cancer are sick and some are dying. What are you hearing from them . It is heartbreaking. It is utterly heartbreaking. A lot of these folks are already living in three month increments. Basically, they live from scan to scan. They get a good scan and that is three months that im going to feel pretty good about myself and maybe go through my treatments until the next scan. The idea that the senate is so removed from the day today real lives of their constituents and those that they purport to honor. Remember, these are veterans. This is a community where they stand and wave the flag and they support the troops but when it comes down to it, they betrayed them. This is a betrayal. This bill passed the house and it passed the senate. There was a technical fix. It had to do with rural doctors being converted into va sort of urgent care facilities so that veterans who live far from a va facility could have some access. But for some reason, that was deemed a provisional measure of taxation or nonprofit so if it did not originate in the house, the senate could not load on it first. It is all nonsense. You understand this. It is all parliamentary nonsense at the expense of the real lives of those that fought and are now dying for this country. By the way, they are not great with this stuff either. If bombs are falling somewhere, they will be there 24 7. But when it comes to the silent suffering at home, it is much harder to get coverage and i just wish we covered it with the same urgency that we cover the conflicts with. Jon stewart, a warrior for the warriors. Thank you. The Washington Commanders owner testified on capitol hill, today. Lawmakers question him about the accusations of Sexual Harassment within his organization. Dan snyder appeared virtually behind closed doors that the committee could release a transcript of the definition or parts of it. A spokesperson told the associated press, dan snyder is committed to providing full and complete testimony and to answer the committees question about his knowledge of and contributions to the commanders toxic Work Environment as well as his efforts to intervene with the nfls internal investigation. Snyder agreed to testify today voluntarily under oath. The Committee Chairwoman did try to subpoena him beforehand but u. S. Marshals say they never served snyder because he has been held up broad. Right now, Dan Schneider says he is in israel with his family. He denies any wrongdoing. If you are sick of democrats and republicans, there is a new option. A new thirdparty called forward. The cochairs, one republican and one democrat. Andrew yang. Remember him . He became an independent and Christie Todd whitman who was the republican governor of new jersey in 2001. In announcing the party, the two wrote in the washington post, the united dates badly needs a new Political Party, one that reflects the new, modern commonsense majority. Todays parties have failed. According to gallup, theoretically, they could be onto something. Look at this. As of last month, 43 of americans say they consider themselves independent. Both democrats and republicans come in at 27 . Ross perot. Larry, it was 1992 that he lost. Ralph nader lost. In 2012, there was a party of americans elect that managed to get on the ballot in two dozen states but went nowhere. Why would this time be any different . The former republican congressman from florida merged into this Forward Party. Thank you but before we get into why you think this will work, what is the policy going to look like . This is a new kind of party. This is the bringing together of left, right and middle. Not a party that says our ideology must be conservative or moderate or progressive. It actually celebrates pluralism and recognizes the ideologies of politics are different than birmingham, alabama. And if we can coalesce, share values and push decisionmaking down to the communities that elevate the representatives, we actually believe that the fundamental democracy was founded. So that i understand, the decisions will come from the bottom up. In birmingham and boston, they will send their ideas up and then what happens . That is exactly right. What we believe the country needs is elected representatives that puts the Community First and not their party and all major and minor parties start with the premise of ideology and safe all our members have to believe this. We dont think that is the correct theory of the case. We think republicans, democrats and independents are often mistaken as interest and they are not. My own politics are left on right. Greater gun control and lower taxes. Find me a party where i can exercise both of those principles. It doesnt exist. It is something that has never been done before. I see you are focusing on congressional rates. We are focusing on mentorships and county commissions and state legislation and i think your intro in terms of recognizing the failures of the past, those were all parties that started by saying we are going to chase the shiny object and tried to elect the president. That is not the premise of the Forward Party. The Forward Party does not have a plan on 2024. The Forward Party is looking to start a durable, viable, sustainable Political Party in all 50 states which means 50 independent parties aggregate into a national platform. We already have elected officials tonight since last nights announcement contact in the Forward Party about changing their party affiliation. They are ready for something different. How are you going to get people in birmingham and boston to come together on a president ial candidate . If this works, you will eventually have to do that. You would see a primary. A party would have to have a primary but i think what brings these communities and all americans together are some fundamentals. We naturally believe in personal liberty, democracy and should an independent candidate emerged that represents those values on a ticket, then the Forward Party would have access to lynn to that candidate but the one thing the republicans and democrats do in all 50 states is make it very hard to get legal recognition and valid access. A group today would say, we are going to get access in 24, they are lying to you and that is not the case. That is why the Forward Party is focusing on the congress and the senate. Murder rates in nearly 2 dozen major cities are still higher than they were before the pandemic. That is according to a brand new report out today from the council on criminal justice. Crime from january to june of this year, homicides are slightly down from the same time last year but still 40 higher than the six months of 2019. Burglaries and concepts all up. The authors of this report saying the rise in theft could be a result of more places opening and people going out again as pandemic restrictions end but they also point to inflation and the rapid rise of everyday costs as another reason. And then there is this one. A couple in hawaii has been arrested. Neighbors called them friendly and quiet. Their lawyer says they are not russian spies. But there are accusations of stolen identity and alleged kgb uniforms. How their attorneys explain it. Retreat or die. That was a choice given today to russian soldiers as ukrainian counter offense gains momentum. As a business owner, your bottom line is always top of mind. So start saving by switching to the mobile service designed for Small Business comcast business mobile. Flexible data plans mean you can get unlimited data or pay by the gig. All on the most reliable 5g network with no line activation fees or term contracts. Saving you up to 500 a year. And its only available to comcast Business Internet customers. So boost your bottom line by switching today. Comcast business. Powering possibilities. Here it is, fake passports. Here it is, fake passports. The Us Government security clearance and photos of themselves in kgb uniforms. Accusations that all factor into a verconspiring against the u. S. Government. Their real names are walter y, prcase out of hawaii. The feds charging an american couple with Identity Theft and with conspiring against the Us Government. Their real names are Walter Glenn Primrose and gwen doral morrison but investigators say they lived under the name bobby lynn ford and julie lynn montag. One problem, forward and montag died in the 60s before these people were even three months old. The couple is accused of stealing their identities and obtain passports, security cards and the department of defense id. And used those documents to get security clearance but here is where the story gets even murkier. In seeking to deny the couple bail, prosecutors presented these photos. A lawyer f. The couple sa they allege they show the couple in soviet kgb uniforms. Prosecutors have made no allegation of espionage and a lawyer for the couple says there is an explanation for all of this. Here is cnbcs perry rustin. Reporter the woman seen wearing what appears to be a kgb uniforms as this isnt what it looked like. She tried on a uniform that was at a friends house one time and they took pictures. And you can tell from the picture that it is the same uniform. Reporter megan says Glenn Morrison has nothing to do with russia. The american board born couple went to high school in texas and then moved to hawaii before their arrest last week. There are a lot of fbi members in their house and breaking everything. Reporter according to the motion to hold the couple without bail, they told agents that morrison lived in romania. An accusation her lawyer denies. In court documents, the couple poses a serious risk of flight. Walter had clearance in the coast guard where he served for more than 20 years. He continued working for a defense contract near honolulu. Prosecutors say he became highly skilled in electronics and would be able to communicate surreptitiously with others if released. It is a good spot to embed yourself. Reporter he says the coast guard is a combination of both military and National Security and oneill says as a defense contractor, primrose would have had access to information useful for adversaries overseas. It is also certainly possible that one of the reasons to roll out these two illegals is to expose russian spies and make a trade for our individuals who are trapped in russia. Reporter oneill says russia is known for playing the long game of gathering intelligence, slowly gaining power and access to information. To be clear, the couple is not being charged with spying. No comment from the state department. Could ukraine be turning the tide against the russian invaders . A ukrainian counter offensive to recapture a major city in the south is gaining momentum according to new intelligence from the british military. It paints a pretty dire picture for russian forces. Brittish intelligence reports the city is now virtually now cut off from other russian occupied territory and a crucial bridge leading out appears to be unusable after multiple rocket attacks. It has been a vita ukrl nian mig for the Russian Troops in the city. They rely on it for supplies and it was a potential escape route should they need to retreat. The Ukrainian Military delivering a stone cold ultimatum to russian soldiers in kherson, retreat now or be annihilated ou name an heir to your. Dig we will all die, it is part of the deal but online, all of our accounts and passwords live on. One company is helping you name in error to your digital legacy. Instagram users joining forces against recent changes in the platform. Today, the company ceo responded. But you might want to wait for the celebration. Retirement. But we quickly realized we needed a way to supplement our income. If you have 100,000 or more of life insurance, you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit coventrydirect. Com to find out if your policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. Why do nearly one million businesses choose stamps. Com to mail and ship . No more trips to the post office no more paying full price for postage and great rates from usps and ups mail letters ship packages anytime anywhere for less a lot less get our special tv offer a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again watch an encore presentation of the news tonight at midnight on cnbc. Death comes for all of us death, it comes for all of us at some point and there are a lot of things you have to consider before kicking the bucket like you have to decide who gets all of your stuff and your money when you are gone. But what about your passwords . Some of us cannot remember them when we are live and we do not share them. Reporter nobody wants to think about it but we will all be gone one day and while we may not be forgotten, our passwords might. Most are personalized online. Reporter bill says having a plan for securing your passwords will save a lot of time and heartache for your family and loved ones. Something he witnessed during the pandemic. I found that covid drove a lot more people to get serious about getting their affairs in order. In particular, with regard to the Digital Assets that we all have your. Reporter with so much of our lives lived behind passwords and hackers Getting Better at stealing them, a number of Silicon Valley companies saw an opportunity and stepped into secure your digital life. Starting to think about your digital afterlife. We realized there was a real opportunity to be able to provide that piece of mind for your loved ones. Reporter the ceo says it is also designed to protect against id theft of the recently departed. Here is how it works you have a master account and a secure login for as many sites as you want. After confirmation that you have passed on, that person will be given access to your master account, controlling bank accounts, credit cards and even amazon prime. You can let that person take control immediately or up to 30 days later. We wanted to make sure that whoever you designated is a digital heir. Reporter your loved ones can log on and keep your legacy alive. Instagrams ceo announcing it is temporarily rolling back changes. Users made it very clear they hated them. Instagram started navigating a shift toward more video. Users immediately accused of trying to look more like tiktok. Recommending posts from other users but it turns out that people like posting pictures. Kylie jenner posted asking the company to make instagram, instagram, again. Considering they have a few followers, the move took off. Now the ceo says he will take a big step back and regroup and figure out how to move forward but also made it clear that the retreat is not a permanent one. 45 seconds left on a race to the finish, the usa economy shrank for a second straight quarter. Oding in kentucky. The governor president ays bide we are not entering a recession. At least eight people dead after catastrophic flooding. The governor says things could get worse with more rain in the forecast, tonight. Congress has passed a major bill here in the United States and find research to compete with china. Now, you know the news of this thursday, july 29th. Summer is going away. It is too fast. August will move slower. Have a great night and we hope to see you back here tomorrow for the news on cnbc. It is 5 00 a. M. On wall street. 10 00 and him in london and here is your top five at 5 00. A july two remember, all looking at solid gains for the month and more looked to be on the way, today. Apple on the top and bottom line with its latest results. Despite what it calls pockets of softness. Amazon shares taking off
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