we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of doncaster, a successful business, the crown hotel, grappling with energy, food prices and wages going up at the same time that household income is being squeezed and now a relentless run of interest rate rises to hit some buyers on variable rate within hours. hit some buyers on variable rate within hours. with got a mortgage rate within hours. with got a mortgage and rate within hours. with got
shrinking stocks unfortunately in the pensions. peter doocy on the shrinking poll numbers for a president that just found a new villain for all of this and his name is not putin. welcome. i m neil cavuto, this is your world. a very turbulent world. when it comes to the markets, a lot redder world. how much? to jackie deangelis with more. good afternoon. another rough day for the markets, neil. not for the feint of heart. the markets digesting the rate hike that we saw yesterday and jerome powell s comments and deciding more hikes and slower growth means recession is coming if we re not there already. let s talk about wealth destruction for a moment. the numbers are staggering. yes, of course, jeff bezos and elon musk are not as rich as they once were on paper. investors across america in 401(k)s and iras have seen massive wealth destruction, $3 trillion according to the center for retirement research at boston calculation. 401(k) plans have lost $4 trillion sense the end
attempted murder. carley: many demonstrators, part of fwrup that posted map of the justices homes after the leak of the supreme court draft opinion overturning roe v. wade. you are watch fox and friends first. todd: this group called kavanaugh an abuser, alcoholic and referred to the suspects as good guy with a gun. carley: none of the posts have been flagged or taken down. brooke singman has more on this, brooke, good morning. brooke: carley, todd, good morning. pro-choice activists swarming outside brett kavanaugh s maryland home last night just hours after a man was charged with attempts to murder brett kavanaugh. scenes like this playing out at the homes of conservative leaning justices since the leak of the draft opinion that would roll back roe v. wade. listen. i wrote a letter in may to merrick garland to arrest the protesters. we have a law on the books, you cannot go to a judge s home or juror s house and intimidate them while doing their job. they hav
the new poll shows twice as many americans are worried about inflation compared to gun violence. inflation is the bane of our existence. what a terrible job you have. boy, does this seem like a bad gig. no. call me i m lifting it up pine brian a part of the show where the sun touches the water. it looks like it is touching the water. steve: that must be hot water. brian: the earth being round continues to rotate and the sun stays put. gradually comes up and the earth just pin spins. that s where the morning show not a nighttime show. the earth has agreed to move and the sun has agreed to shine. steve: we are orbiting the sun. brian: that was kill devil hills, north carolina. 600,000. area code 252. beautiful there. where the wright brothers national memorial is that s wherorville and wilbur along sand dunes launched that bicycle oriented airplane and changed everything. brian: we made improvements since their invention. ainsley: so beautiful there in
i knew there would be scrutiny. transgender swimmer lia thomas speaking for the first time. transpeople don t transition for athletics. it s extremely frustrating. he has a biological advantage. we re going to be reporting on the queen s jubilee. 70 years in the same job. role model. the one to come. to say jubilee year. this celebration is our country. this is what you are you re my golden star. steve: look at that looking at virginia beach. right now it s 72. going for a high of 85. it s absolutely beautiful in southeastern virginia. it is where the chesapeake meets the atlantic ocean. good morning, everybody. it is the first day of june. it s a good day to be at the beach, if not, let us start your day live from new york city. we re here in studio m on this wednesday, june 1st, 2022. here on the curvey couch we have will cain back for another day of duty and katie pavlich. katie: great to be here. virginia beach where the u.s. navy is. lots of navy