i m harris faulkner and you are in the faulkner focus . the producer price index up 11.3% over last year. now adding to fears of a recession compounding trouble for americans after yesterday s consumer prices index hit a four-decade high. notice the number on the left for wholesale prices, the goods being made for us, is cooking hotter than the inflation that we re faced with. now how long do you think it will take for them to pass that along to the consumer? will they even have a choice? former trump economic advisor explains it this way. i would like to walk through how you should think about inflation so people understand why. if you start the car at zero and accelerate 10 miles per hour per month after six months you go 60 miles per hour and after 12 months 120 miles per hour. what s my velocity right now is what you care about. we re hiding how big the increase in prices are that are affecting ordinary americans by a very large amount. inflation is startlingly high ri
the only thing that will stop iran is knowing that, if they continue to develop their nuclear program, the free world will use force. i continue to believe that diplomacy is the best way to achieve this outcome and will continue to work with israel to counter other threats from iran throughout the region. all of this ahead of the president s controversial trip to saudi arabia next, a visit opposed by human rights groups, but aimed at fostering closer ties between the saudis and israel. here at home, nbc news has learned a member of the trump white house support staff is the key witness referenced in vice chair liz cheney s warning about possible witness tampering by the former president himself. that comes as the january 6th committee is preparing for a primetime hearing next week, a week from today, graphically illustrating president trump s refusal to take action during the riot and in fact goading the mob on with a tweet slamming his own vice president. when he tweet
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country even in the punishing heat. and this is punishing, too. it is where we started. inflation, not this high since this week in june of 1981. on this day back then, the theme to the popular hit greatest american hero on the screen. america, we ll get through this but we may have to fire some people. veteran homeowners, home values across the country are going up and up, but they can t keep climbing forever. if you want to turn your increased home equity into cash, act now! newday s veterans are taking out up to $60,000 or more and lowering their monthly payments over $600 a month. in these times of rising prices, there s no better feeling than having cash in the bank. dad, when is the future? um, oh wow. um, the future is, uh, what s ahead of us. i don t get it. yeah. maybe this will help. so now we re in the present. and now. we re in the future. the all-electric chevy bolt euv with available super cruise™ for hands-free driving. - dad. - yeah? do fish get thirsty? e