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disturbing new details about the mass killer in allen, texas. officials are probing possible ties to right wing extremist groups. also in texas, we are told that charges could be imminent after an suv slams into a group of people outside of a migrant shelter and several people were killed. w we are live outside of the scene. and images of death and destruction are all coming in live to cnn news central. we want to begin this hour in brownsville, texas, where the police are expected to give an update in the deadly crash involving several migrants. at least eight people are dead and several others are injured right now. a ton of questions right now this morning of why this happened. hopefully some answers will come in the next hour. this is what people, police say that we know so far. an suv plowed into a group of people outside of the homeless shelter and the horrifying moment was caught on surveillance camera, and the video is going to pause just before the moment of
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
intentional. let s go outfront. good evening. i m erin burnett. outfront tonight, the break news. stocks plunge. the dow closing down more than 1100 points today. that is the biggest loss since 2020, at the height of coronavirus, when there was so much uncertainty, no vaccine. the numbers were surging of the dead. this is the biggest drop since then. sit because the nation, one of the biggest retailers in the country, target, said it is getting crushed by inflation, which is hurting the entire country. the ceo saying costs have been rising much faster than retail prices. it was just yesterday that walmart stocks suffered its worst day since 1987. same reason, surging costs. the ceo telling investors, bottom line results were unexpected and reflect ton usual environment. u.s. inflation levels, particularly in food and fuel created more pressure. that pressure is hurting americans. it is outpacing any wage increases, and it is doing so everywhere. and the economy is the n
Staples Business Advantage in the US has unveiled a breakroom brewer programme called Total Coffee. Senior Staples execs have been posting messages about the service on LinkedIn over the past few days. They highlighted the no-cost coffee brewer programme that includes installation, maintenance, supplies and a variety of beverages, including the recently launched Pick Me