where we see notes go. we put out a note yesterday ultimately it expects notes to hit 4.1% early next year as it tries to cool down and to spend less and get a bit more balance in terms of the supply of goods, which is disrupted, of course, the supply cane issues and a demand for good. that s what the fed is trying to get ahead of right now. so everybody is anticipating this big announcement. alison kosic is there. how are markets react something. ana, i am feeling a real sense on wall street here that the federal reserve you know needs to play catch-up. the thinking is that the fed texts interest rates too low for too long. it s something that hit home after we got that inflation report on friday, showing inflation is ac sell rating. despite fed chair j. powell in may said he wouldn t raise rates more than half a percent, there is wide spread belief among many investors the fed does need to go stronger.
alison kosic, good morning to you. another blow to brick and mortar retailers. reporter: good morning, after being in business more than 60 years, this is an end of an era. i took a look on twitter. a lot of people stunned by this saying where am i going to buy those discounted kids who grow out of their shoes every six months, there is an apparent loyal following, not enough, so it is expected to begin liquidating all of the stores in the u.s. and puerto rico tomorrow. the store is expected to time for bankruptcy at the end of this month. if it does, it will be the second time in two years that it s filed for bankruptcy, during that first bankruptcy, it reorganized and cut billions of dollars if debt. it hasn t been enough to seem to save the company. this is one more indicator of it happening in the retail company being disrupted in a big way. a lot of places to go and buy
he was not doing a good job. that s what the president says. but we have new insight this morning into what he was really thinking and it didn t have much to do with hillary clinton s e-mails. plus michael flynn told to hand over documents to the senate. will he respond to the subpoena, and how will it change the russia investigation? good morning and welcome to early start. i m alison kosic. i m dave briggs. it is national twilight zone day, did you know? it feels like twilight zone in the nation s capital with all the developments coming out regarding the firing of james comey. let s start with new details this morning painting a startling picture of a scorned president trump increasingly consumed by a now-former fbi director whose russian investigation was picking up too much steam for the president s comfort. a source close to comey telling cnn s jake tapper james comey was fired for two reasons. first comey never give the president any assurance of
the trump administration says it will not blink in the face of threats from global adversaries, iran, north korea and russia all in focus today, we have the latest. and the crown has been taken from the now former king of cable news, bill o reilly ousted at fox. what s next for him and the network following another rough departure. welcome back to early start i m dave briggs. good morning, i m alison kosic. this morning, the trump administration is not backing off the tough talk in several fights. it is waging around the world with iran. north korea and with russia, too. on the iran nuclear deem, president trump has asked for a multiagency review to determine whether lifting sanctions in exchange for tehran curbing its nuclear program is really in the
dethroned. bill o reilly is out at fox news. what is next after another black eye for the network. thank you for getting a start with us. i m dave briggs. i m alison kosik. it is 5:00 a.m. in the east. the trump administration not backing off the tough talk with several fights with iran and north korea and russia. on the iraq nuclear deal, president trump asked for a multiagency view in exchange for lifting sanctions for iran curbing the nuclear program is in the best tinterest. the obama administration ignored all of the other serious threats that iran poses. iran is the world s leading state sponsor of terrorism and responsible for multiple conflicts and undermining u.s. interests in syria, yemen, iran and lebanon and continuing to support attacks against israel.