smuggling the precious resource back to russia to finance its invasion of ukraine. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room . let s begin our coverage tonight on capitol hill with new details on the insurrection investigation. we have exclusive new information about when the inspector general over at the department of homeland security first learned of those missing secret service text messages. but first our chief congressional correspondent manu raju is joining us with other news on the january 6th probe. manu, i understand you pressed gop leader mccarthy today on a key conversation with former white house aide cassidy hutchinson. what did he tell you? more importantly, maybe what didn t he tell you? reporter: he said he didn t recall. this is one of the key moments of that testimony that cassidy hutchinson whether she went before the january 6th committee about the concerns and the efforts to s
welcome to the lead. i m kaitlan collins in for jake tapper. we start with the money lead. wall street closing this hour mostly flat after today s jobs reported exceeded expectations. great news, obviously, but not slowing rising prices and fears of a recession. according to the bureau of labor statistics, the united states added 372,000 jobs in june and on average american paychecks are up 5.1% in the last year. but that s not keeping up with inflation, which jumped 8.6% annually in last month s report. that s a problem for president biden as he is struggling to convince americans his economic agenda is working. my economic plan is moving this country in a better direction. reporter: more signs on friday of a robust u.s. labor market. the economy adding 372,000 jobs in june, far beating economists expectations and the unemployment rate remaining at 3.6%, near historic lows. president biden celebrating the news, saying the u.s. has now recovered all of the jobs lost du
[ gunshot ] police apprehended the gunman just moments after he fired the two fatal shots from a homemade gun. an investigation into the shooter and his motive is now under way. abe s murder has shaken japan where gun violence is virtually nonexistent. a former abe adviser says the assassination is the equivalent of jfk s. abe was considered one of the most transformative leaders in post world war ii japan. selina, do we know anything this hour about the suspect and investigation? reporter: we have learned from police that the suspect confessed to shooting the former prime minister shinzo abe. he is a 41-year-old unemployed man and said that he holds a grudge against a specific organization and believes that abe was a part of it. the police declined to give any more details about the motive of the suspect, but right now there are 90 investigators working on this case. abe was shot at 11:30 a.m. local time during this campaign speech rally. he was shot in broad daylight. a
also, this is a critical week for the economy. we are expecting a deluge of economic data to drop almost every day. it will hopefully provide insight to the millions of americans getting pummelled by 40-year high inflation. some analysts believe the u.s. is hurdling into a recession but the white house is hammering the message that the economy is resilient. we ll get a better sense of how the public is feeling tomorrow when consumer confidence numbers come out. then it s the federal reserve s turn. it meets wednesday and will likely hike interest rates again to try to tame surging prices on everything from eggs to beef, to everything, rent as well. thursday gdp second quarter results are due. cnn s matt egan and rahel solomon are here with us. all of this economic data is going to be coming this week. what is most important? this is shaping up to be a pivotal week for the economy. politico dubbed it a category 5 storm of economic news coming and it could help the big
may or may not match up with what you are feeling every day. we re about to get the biggest hard data dump of the summer. a multifaceted look at what the cold hard facts tell us about where the u.s. economy stands. you have these big hitters all announcing their earnings this week. it s going to be a big reflection of where we are, what we re buying out there. what we re not buying and participating in in this market. look at the reports coming out this week. it s a huge week for this summer. you have gdp, the cost of goods. perhaps the most important, consumer sentiment that we ll get at the end of this week. as you know, two quarters of gdp contraction. we ll get that second quarter gdp number. signalling a recession in the u.s. economy. the white house is changing its tune on the long-accepted benchmark. janet yellen is starting to hedge on what the definition of a recession is. with that, we bring in neil cavuto from your world. always good to have you with us. neil: