of 3.3% in the last three months of 2023 much stronger than expected. that s raised hopes that the us federal reserve might have achieved a soft landing getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren t the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year, the american economy grew faster than expected, expanding at an annual rate of 3.3% while inflation fell. growth for th
all right, good evening from new york, i m chris hayes. we are watching right now debate wrap up at this hour, as the house gets ready to vote on the crucial debt ceiling deal. that s the speaker of the house speaking right there. earlier today, the republican proposal passed a key procedural vote, but it only passed with the help from democrats. it did not have the votes to pass it on their own, after 29 republicans defected. as of now, the bill is being discussed on the floor. it s expected to pass within the hour, despite that fairly significant republican opposition. this debt ceiling vote has been a crucial task for house republicans. for the moment, they took control in january, the big question was how the maga caucus, the majority of whom, let s remember, voted for trump s coup on january 6th, after the sacking of the capital, how are those folks going to actually govern? empowered with one of the two houses of congress. one half of one third of the federal governme
marianne rafferty is life with breaking information from a target insider. fox news digital is reportin some target employees are being told to move there lgbt cute pride displays to less prominen locations in the story to avoid customer backlash fraid so managers and district senior directors were on emergency calls on friday where they were told also that they could not have anything on manikins and n learned signage promoting those products read most of the locations affected our in rural southern stores according to that report. this comes just weeks after the company bud light came under fire for partnering with transgender influencer. sales plummeted 28.4 percent in the week ending may 13th alone pride in an interview last week target ceo brian cornell told fortunes leadership now podcast by promoting the lgbt cute friendly products is the right thing for society and a great thing for their brand. this year s target pride collection has renewed calls from conservative
and lebron. that s more plagy making you get to watch and watch these amazing athletes continue to play. we ll be watching. we ll be rooting for seven games, thank you. cnn this morning continues right now. the leader of russia s wagner group said he is pulling his troops out of bakhmut, that key ukraine cran city. these men here who died today. they re out by the middle of next week just after a very important date of the russian calendar, victory day on may the 9th. police in california have arrested a former uc davis student accused of stabbing three people, killing two of them. these crimes were horrific. we hope that the announcement provides some level of relief. dominguez could be arraigned in court as early as monday. protests in support of neely have called for answers. there could have been somebody there to help him. he should still be alive today. there have to be consequences. his family deserves justice. supposed to use intelligence and c
policy decisions. the house oversight committee has subpoenaed f.b.i. director christopher wray for documents. they want him to turn over that specific file at a meeting that they will have six days from now, may 10th. committee chair james comer and senator chuck grassley are leading the charge on this. we have a rough idea what is in the document and i just want to do what congressional oversight responsibilities i have to see what the f.b.i. and the d.o.j. has done to follow up on it. has there been political influence to not proceed if there is a reasonable possible criminal activity? harris: this directly from the white house now. republicans and congress have been lobbing unfounded and unproven politically unmotivated attacks against his family without offering evidence for their claims or decisions other than u.s. interests. we begin with peter doocy live at the white house. peter. the white house statement continues as white house officials claim that republican