the magic wall. let s go out front. good evening. i m erin burnett. out front tonight, trump s lawyers talking. cnn confirming that the fbi interviewed two of trump s former lawyers. the former white house counsel pat cipollone and deputy patrick philbin. they are the two most senior trump officials to be interviewed in the criminal investigation of trump s handling of classified information. this is a significant development. obviously cipollone and philbin know a lot. they were trump s point men for dealing with the national archives. investigators, of course, asked questions about how 15 boxes of teeshls ended up at mar-a-lago even after, even after they said they returned everything. team trump did. according to the new york times philbin had been working to return all the documents since the national archives realized any of them were missing. it was trump, though, who resisted. several advisers telling the times that trump would say, quote, it s not theirs, it s min
investors a scare by reporting a stunning drop in earnings, largely because of supply chain turmoil and rising costs. target lost 25% of its value today alone. its worst day since black monday in 1987. this comes a day after walmart sounded the inflation alarm, also suffering its worst day since 1987. the big concern is companies are having trouble passing along higher costs consumers and that perhaps corporate profitability has peaked. that s normally something you only see during big economic slowdowns. put all this together, you have the s&p 500 losing the most in one day since june of 2020, in nearly two years. the nasdaq plunging even deeper into a bear market. i should note markets were up big yesterday, but the wild swings really speak to the deep uncertainty about what comes next for the economy. and matt, a new conference board survey suggests, you know what, let s move on. matt egan, thank you so much. turning to our politics lead and an election cliffhanger in pe
North Carolina will no longer allow most abortions after 12 weeks of pregnancy,down from 20 weeks under the previous state law. The Senate budget provides for larger tax reductions than the House proposal, bringing personal income tax rate from current level of 4.75% to 4.5%
beginning. transcying to seize that mom there was the so-called chips, the semiconductor bill that passed. all this is ahead of the midterms. nia, before biden got this bill through, this is the modified build back better that they call the inflation reduction act, though economists beg to differ on that, certainly in the short term. a cnn poll showed 75% of democratic voters wanted someone else to be their nominee in 2024. 75%, that s terrible if you re the potential nominee. does this bill impact his promise in his own party? i think it does. two separate issues. one being 2022, one being 2024. the through line being how democrats feel about him. one of the reasons his approval ratings are below where trump s were back in the day, where obama s were back in the day is because democrats don t support him at the same rate. i think 70, 80%.
weapon that our members of the military train for years on to use appropriately and safely. this individual should never be eligible for buying a military style assault weapon that with a clip from canada could kill ten people within one minute. that s the challenge here. we had a law enforcement retired law enforcement officer as the security guard. he was able to fight back, and police were on the scene within one minute. but despite all that, because of the weapon he had, he was able to kill ten people so quickly. we need to ban those military style assault weapons. i have lots more questions on that, but there are a couple other topics we need to get to. one of them, today, the senate veterans affairs committee is announcing a bipartisan agreement to provide care to veterans who were exposed in afghanistan and iraq to toxic burn pits you and republican senator marco rubio have been working together, out in front of this for a long time. how will this bill impact the