interest rates that we ve seen, the rate hikes we have seen have done the trick to ease that. so why did stocks soar when all was said and done? a lot of technical definitions being given here. let s put it this way. people were in a buying mood. welcome. i m neil cavuto. this is your world. what in the world to make of inflation that remaining pretty much out of control, but buyers that seem to find a certain resolve. based not so much on what they see there but an economy that they re convinced has seen its worst. has it? is it? we ll explore that beginning with connell mcshane taking a look at the events that prompting the buying wave and the reaction from washington as well. connell? it was a wild day. consumer inflation at a 40-year high. 40-year high. still as you say, the stock market came storming back from the early losses. now we re seeing speculation when you talk to investors that maybe, just maybe, the market has reached a bottom. we ll get to that. let s sta
hello and welcome. many russian citizens are trying to flee the country to escape the military mobilisation announced vladimir putin. tickets for direct flights between russia and serbia have sold out and there are long queues on other border crossings. they are holding referendums in one of four contested areas on whether they want to join the russian federation. the west describes these as a sham. this isjohn kirby. we believe that these will be sham referenda, they will not be legitimate and they will not be free orfairand they are preordained to allow mr putin to say, look, this is russian territory and now, ukrainian attacks are on the motherland, not on ukrainian territory, which is, of course, not true. and as you heard jake sullivan, our national security adviser, say yesterday, we are not going to recognise that and so many other nations around the world aren t going to recognise that. this is nothing more than a ploy by vladimir putin to try to gain, through some
cbs s meg oliver reports, it s easier said than done. reporter: how complex is it to make these microchips? it is extremely complex. duncan: and, moving on. tennis great serena williams serves up a surprise announcement, saying she s ready to focus on her family. i can t do this forever. sometimes you just want to try your best to enjoy the moments. this is the cbs evening news with norah o donnell, reporting from the nation s capital. duncan: good evening to our viewers in the west and thanks for joining us. i m jericka duncan, in for norah. tonight, new details about the unprecedented f.b.i. search of former president donald trump s florida home what we re learning about the investigation that s focused on his potential mishandling of what could be classified material. sources tell cbs news that the f.b.i. was met by trump s attorneys, along with the secret service. it is the first time in american history that a search warrant has been issuedn on a former pres
how long will it take for the u.s. to catch up? cbs s meg oliver reports, it s easier said than done. reporter: how complex is it to make these microchips? it is extremely complex. duncan: and moving on, tennis great serena williams serves up a surprise announcement, saying she s ready to focus on her family. i can t do this forever. sometimes you just want to try your best tohe ments with norah o don evening news from the nation s capital. duncan: good evening, and thank you for joining us. i m jericka duncan in for norah. tonight, there are new details about the unprecedented f.b.i. search of former president donald trump s florida home. what we re learning about the investigation that s focused on his potential mishandling of what could be classified material. sources tell cbs news that the f.b.i. was met by trump s attorneys, along with the secret service. it is the first time in american history that a search warrant has been issued on a former president, and
gun reform bills. containing most of what president biden called for in his primetime address. among them a resurrected assault weapon ban. one of the many measures presumed to be for republicans in the senate. where are much narrower package is being negotiated, cast by some as less ambitious but possibly best chance to advance any kind of gun reform. even amid more than more than 20 mass shootings in the last month. still, you must win elections to pass legislation. after the recent shootings in buffalo, eovaldi and elsewhere. this is one of the political realities that democrats must reckon with before the midterm election. along with abortion rights right. the rise in inflation. and the likelihood of even more seismic developments. coming out of the house select committee from january 6th to white house aides of donald trump now having been indicted for defying subpoenas related to the investigation. by the end of the week, we will have seen the first witnesses in the