i m katie fang in for ari melber. we begin with a reminder of the violent threats facing our country s political leaders. paul pelosi, husband of house speaker nancy pelosi was violent aassaulted in his san francisco home with the assailant reportedly shouting, quote, where is nancy? mr. pelosi, aged 82, was home alone. police say the attacker struck him multiple times in the head with a hammer. he had a successful surgery for a skull fracture, according to the speaker s office. and doctors expect a full recovery. the united states capitol police say nancy pelosi was in d.c. at the time of the attack guarded by security, as she is at all times. a pelosi family member telling nbc news the suspect was trying to tie up paul, quote, until nancy got home. it was when the suspect wasn t looking that paul called 911. when the police came, the suspect said, quote, we are waiting for nancy. sources identified the suspect as a 42-year-old berkeley resident. there were posts where he po
the party in the stadium was carried on across england with messages of congratulation from the queen, the prime minister and many more. it continues later. fans gathering at trafalgar square later. it s a big week for news about our energy bills. we find out how much costs will be going up in october and if there could be another rise sooner than expected. i ll have all the details. a big shock at the commonwealth games. world record holder adam peaty is beaten into fourth place in the 100 metres breaststroke, won by fellow englishman james wilby. good morning, we start on a cloudy note with showers in the east. that will move away. many seeing sunny spells until later when we have rain coming in from the west. all the details throughout the programme. it s monday, the 1st of august. our main story. football has come home. england s lionesses have made history in a dramatic win against old rivals germany in the european championship final. there were scenes ofjoy on and of
demand action on gun reform. in a moment, i will talk to maria, whose organization, votes for latino, or to organized a rally. major new developments in what maybe the country s most closely watched senate race. on both sides of the ballots, but details of that are coming up. and democracy in danger. a bombshell report, secret tapes that reveal the gop plans that could help them steal the next presidential election. all of, that s plus the trial that may have single-handedly and did the me too movement. the detaining impact of the johnny depp and amber heard trial and they have had on count ability when it comes to domestic abuse. that conversation is ahead. we want to begin this hour with that breaking news. we told you about last hour. one of the largest u.s. factories for baby formula is back up and running. abbott laboratories announcing today it has restarted specialty formula production at its michigan plants, which had been shuttered since february. nbc s steve patters
transition from recovery to stable steady growth and bring down inflation. the president laying out a three-part plan of giving the fed the space to act, finding ways to lower prices, boost production, and address supply chain problems. and reducing the deficit. but the biden administration under intense scrutiny on whether it did too little too late to proactively tackle inflation. last summer, the president predicted that inflation would be a temporary problem. by late november, fed chairman powell acknowledging that inflation is not transitory. it s probably a good time to retire that word and try to explain more clorely what we mean. trying to reassure the public the central bank is sympathetic to u.s. consumers concerns. we understand completely what they re going through. now the biden administration signaling there is light at the end of the tunnel. russia s war on ukraine disabled not only gas prices and food prices but also disrupted supply chains. we didn
Markets at the moment, or down down is likely because investors were disappointed by president johns actions. The strike President Trumps actions. Funding the enterepreneurs well meet the man whose bank specialises in getting cash to small businesses. Rishi khosla , the boss of Oaknorth Bank will be here. And United Airlines, still trying to deal with the fall out from their overbooked flight, will now offer up to 10,000 to give up your seat. What would be your price . Let us know. Just use the hashtag bbcbizlive. Hello and a warm welcome to Business Live. Welcome to the programme. We start with President Trump because once again hes taken the Business World by surprise. The white house has confirmed it has told the leaders of canada and mexico they wont be scrapping the north American Free trade agreement. But instead they will seek to renegotiate the terms of it. President trump has repeatedly vowed to pull out of the pact bill clinton signed in 1993. In september he called it the Si