In august from a year ago is americans pay more for everything from electricity to shelter to food with Grocery Prices seeing their largest 12 month increase since 1979 democrats celebrating unless with white house heralding the passage of their inflation reduction act. The president claiming measures cutting costs for american families. The bill cut cost for families, help reduce inflation at the Kitchen Table because thats what they look at, how much are they monthly bills and how much they pay for necessities gave Breathing Room as my dad would say. Paul Wall Street Journal columnist dan henninger, Kim Strassel And Mary and a stray zia ogrady. Why do you think the Financial Markets and investors were caught and surprised by the Inflation Number . I think the main thing right here as Milton Friedman said effects of Monetary Policy give us a long variable lacks so when you have the feds tightening the responsibly economy will take a while to feed and so thats one problem and i think t
it s the top of the hour on cnn newsroom. i m alisyn camerota. i m victor blackwell. today the attorney general accused donald trump, his family and organization of a pattern of fraud and deception that was, her word, astounding. letitia james is suing the former president for $250 million, alleging fraud that spanned years before he entered the white house. also named in the suit, three of trump s adult children and two executives of the trump organization. they re all accused of inflating or deflating assets for their gain. over the course of our investigation we found that mr. trump, his children, the trump organization, created and used more than 200 false and misleading asset valuations on a statement of financial condition over that ten-year period. here s just one case cited in the 200 plus page lawsuit. ag james said trump claimed his florida estate was worth $739 million, when it was only worth $75 million. now she is not only demanding a quarter billion doll
the escalation by the rush slan l russian leader today. what does the french president think? he will be here live with his response. your money and the cost to borrow. historic move by the federal reserve, raising interest rates yet again in an effort to get inflation under control. welcome to the lead. we start on the extraordinary legal trouble for donald trump. there s a sweeping lawsuit against trump, three of his adult children and the trump organization, alleging they were involved in a decade-long financial scheme that allowed trump to fraudulently inflate his net worth by billions of dollars, allowing him to leverage the system for his own personal gain at the expense of others. white collar financial crime is not victimless. when the well connected break the law, to take in more money than they are entitled to, it reduces resources to working people, to regular people, to small businesses and all taxpayers. attorney general james campaigned on a promise of
prices surge. more bad news on inflation just weeks from election day. folks are still struggling. we can t kid ourselves about that. how long will prices stay high? and will voters trust the president to fix it? white house economic adviser cecil yeah rouse is next. midterm match-ups, as voters start to cast their ballots vgts we ll look at two key contests. arizona governor s race with republican kari lake and democratic katie hobbs. i m proud of the work we did in 2020. as biden makes a swing out west i love being in colorado. we ll talk to that state s democratic senator and his joe o dea. president biden debates how to punish one global power and keep another from deadly escalation. the threats and the u.s. response with national security adviser jake sullivan. hello. i m dana bash in washington where the state of our union is wondering what the country will look like in 23 days. as we count down to the midterm elections, the president of the united
hobbes. state of the union starts right now. ? prices surge. more bad news on inflation just weeks from election day. folks are still struggling. we can t kid ourselves about that. how long will prices stay high? and will voters trust the president to fix it? white house economic adviser cecilia rouse is next. midterm match-ups, as voters start to cast their ballots, we ll look at two key contests. arizona governor s race with republican kari lake and democratic katie hobbs. i m proud of the work we did in 2020. as biden makes a swing out west i love being in colorado. we ll talk to that state s democratic senator michael bennet and his republican opponent joe o dea. president biden debates how to punish one global power and keep another from deadly escalation. the threats and the u.s. response with national security adviser jake sullivan. hello. i m dana bash in washington where the state of our union is wondering what the country will look like i