away from 20% of the highs, definition of a bear market. welcome. i m neil cavuto. this is your world. it was a selling world all this week amid concerns that inflation is rocketing, the fed is hiking rates and the economy could be slowing dramatically. its been so weird this week. because remember the reaction the markets had to news that jerome powell at the federal reserve was going to start aggressively hiking interest rates. a 75 basis point hike earlier this week. the highest since a fellow named bill clinton was in the oval office in 1994. that was then. concerns that he will have to do more of that right now. doesn t jackie deangelis know it. taking a look at the week that is now done. jackie? good afternoon, neil. even with this mixed picture at the close today, it was a sell button dominated wall street week. take a look at the major three averages. it was a sea of red. year to date, the markets have been pummeled. the dow and the s&p 50 oh sorry. the nasdaq a
flavored time boy the kind of hard news stories you only get here on cnn, who central, thanks for watching the little jake tapper starts right now hunter biden s gun trial just got deeply personal. the lead starts right now dirty laundry aired in courts in the federal gun case against the president s son. today, hunter biden s ex-wife and ex girlfriend took the stand. how testimony about a crack pipe is being used to help build prosecution s case plus massive news and donald trump s federal classified documents case in florida. the judge reshuffling the calendar, delaying hearings, putting a trial date even further in jeopardy. she s also allowing more voices to weigh in on whether special counsel jack smith s should have the case in the first place? with a punishing heats dome pushing temperatures into the triple-digits. a new report shows the world is on a climate wild highway to hell every single person on the planet to be alarmed welcome to the lead. i m jake tapper
Welcome to bbc news. The Prime Minister has insisted that the controversial change announced in the budget to increase National Insurance for Self Employed workers is simpler, fairer and more progressive. Theresa may refused to accept that the government had broken a manifesto pledge saying the promise had only extended to one kind of National Insurance. But the move has angered a number of conservative backbenchers and been roundly criticised by labour. Our Political Editor Laura Kuenssberg reports. Brussels is rarely a place where british Prime Ministers can find a retreat, but theresa may entered discreetly into the summit, in a hurry for the talks. Not for her the grand arrivals of her other eu colleagues. Not the day for number ten to stop and chat. But after a domestic debacle over her budget, she knew there was explaining to do. As the chancellor made clear yesterday, we will use this moment of change to build a stronger economy and a Fairer Society that works for ordinary worki
Welcome to bbc news. The Prime Minister has insisted that the controversial change announced in the budget to increase National Insurance for Self Employed workers is simpler, fairer and more progressive. Theresa may refused to accept that the government had broken a manifesto pledge saying the promise had only extended to one kind of National Insurance. But the move has angered a number of conservative backbenchers and been roundly criticised by labour. Our Political Editor Laura Kuenssberg reports. Brussels is rarely a place where british Prime Ministers can find a retreat, but theresa may entered discreetly into the summit, in a hurry for the talks. Not for her the grand arrivals of her other eu colleagues. Not the day for number ten to stop and chat. But after a domestic debacle over her budget, she knew there was explaining to do. As the chancellor made clear yesterday, we will use this moment of change to build a stronger economy and a Fairer Society that works for ordinary worki
Welcome to bbc news. The Prime Minister has insisted that the controversial change announced in the budget to increase National Insurance for Self Employed workers is simpler, fairer and more progressive. Theresa may refused to accept that the government had broken a manifesto pledge saying the promise had only extended to one kind of National Insurance. But the move has angered a number of conservative backbenchers and been roundly criticised by labour. Our Political Editor Laura Kuenssberg reports. Brussels is rarely a place where british Prime Ministers can find a retreat, but theresa may entered discreetly into the summit, in a hurry for the talks. Not for her the grand arrivals of her other eu colleagues. Not the day for number ten to stop and chat. But after a domestic debacle over her budget, she knew there was explaining to do. As the chancellor made clear yesterday, we will use this moment of change to build a stronger economy and a Fairer Society that works for ordinary worki