nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart s stock fell more than 11% on tuesday, the company s worst day since 1987. and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting markets around the globe. overnight european markets opening lower, stocks also tumbled in asia after wall street s hellish day. inflation fears now depressing investor sentiment, many ceos publicly stating their concerns about a possible recession, something fed chairman jerome powell is keenly aware of. what we need to see is inflation coming down in a clear and convincing way and we re goin
Middle east could be on the brink of a new conflict. Tonight, israel is poised for a tough response after the bodies of three missing teenagers are found in the west bank more than two weeks after they disappeared. Israel accusing hamas of kidnapping the teens and a massive crackdown already underway. Prime minister Benjamin Netanyahu convened an emergency Cabinet Meeting and vows hamas will pay. All of this comes amid chilling new terror threats aimed at the United States from the middle east. Lets go straight to our Cnn Senior International correspondent ben wedeman in hebron. Whats the latest from there . Well, were about six hours ago, the israeli Authorities Say with the help of local israeli volunteers from a nearby settlement, they found a body under a pile you have rocks. They alerted the police and the military in the area who came and found two more bodies so a total of three bodies. Its believed that they are the bodies of the three israeli teenagers who went missing on the
Here on the left, who is also an offduty department, shot and wounded nolan. Sounds like he is running around out here. And that that is a gunshot. Horror in oklahoma. Police say a knifewielding man stormed the offices of vaughan foods in moore, stabbing his coworker, colleen, and cut off her head. He did kill colleen and did sever her head. According to police, the suspect then began to attack a second woman when he was shot and stopped by an armed Company Executive. Mark vaughan, son of the companys founder, is also a reserve sheriffs deputy. Officials say his actions could have prevented more deaths. It definitely got a lot worse, this man did not stop until he was shot. Initially the attack was described as a work place dispute. 33yearold alton nolan, had red flags that some wonder could have been more related to the attack. Police say that he converted to islam, and tried to get others to join him. After talking with coworkers, information was obtained that he started to try to co
On nbcs today show he said biden would not be the democrats best candidate. Well, look, i have a lot of respect for joe biden. Hes been a terrific Vice President. The problem is joe biden is a very good guy and probably has no appeal to people whatsoever under 35. People under 35 elected president obama president of the United States. That is a key part of the Democratic Coalition along particularly with latinos africanamericans and asianamericans. So i think it makes sense to have a candidate, and i think hillary is one, i think bernie is another, who can turn on the under 35 set. I think that would be a problem for joe. Lets talk about all of this with cnns White House Correspondent Michelle Kosinski and our political director david chalian. Youre on Marthas Vineyard where president obama is taking a vacation. Joe biden is also on vacation in south carolina. What are you hearing from your sources who exactly biden is consulting as he weigh this is decision . Reporter hes not taking u
Ben, what do we know about this release video showing these peshmerga fightering being held in these cages . Reporter this is a video that was posted on facebook yesterday. What you see is these 21 kurdish fighters, we believe most of them were captured by isis at the end of january when it attacked the city to the southeast of here. You see them clad in these bright orange jumpsuits. Their hands are chained. Theyre led to cages where theyre interviewed by a bearded man with a microphone. On that microphone is an isis logo. Among other things one of the prisoners tells him that basically he calls upon his colleagues in the peshmerga to stop fighting isis or they will suffer a similar fate. Then we see them still in their cages on the backs of pickup truck going through a town just south of kirkuk. And toward the end of the video you see flashes of still photographs of some of those egyptians who were killed early last week beheaded by isis in libya. Now it doesnt appear from the video,