Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Effect that cover a population of about 2 million pg e customers. The english language. Additional we will have time for pg e has revealed in Court Questions and answers for those on the stage and we will have documents how easily its power time for oneonone interviews at the conclusion of the entire lines can be brought down, sparking a major wildfire, even press conference. With that, i would like to take just a bird hitting a zion a moment. I know a lot of people standing stunning how quickly it can happen. Dan noisy is live with the stor behind me at these press conferences, a lot of the decisions comes from who stands tonight from pg e. Does pg e is about to face a behind this podium. Lot of questions from me and i want to recognize a few people other reporters here. That have been here through the they are facing a lot of criticism on many fronts, and entire incident and are an this Court Document filed last equally contributing member of night is not going to do much to the succ
Carpet with the stock winners and losers ahead of hollywoods big weekend. Im melissa lee coming to you live from studio b at the nasdaq, tim seymour, and rebecca patterson, former chief strategist at bridgewater. We start off with the markets gold rush, the precious metal soaring to a record high today, topping the 2,200 mark for the first time ever. It just notched its best week since october and is up 20 over the past year. The latest rally coming alongside bitcoin which topped 70,000 during todays session. Ethereum also hitting a record. Stock market ending on a down note. The nasdaq shedding a percent while the dow shed. What does this tell you about the strength of this market rally . Rebecca, happy International Womens day. You too. What do you make of this gold move . I think what were seeing with bitcoin, gold and stocks today, theyre skpleetly separate. There isnt one big macro factor driving this. In the case of gold, id highlight two main things. China and china. Chinas Cent
past 18 months over the course of the biden presidency so far. that came from the heritage foundation from analysts there that compares it to what is basically taking the titanic into an iceberg. art laffer, the economist that helped turn around this ship under reagan said this in reaction to this report. this inflation number is accelerating. it s not toning down or topping out. brit hume joins us in moments on the political blowback for president biden and what that looks like as we head to the mid-term. first, let s bring in jackie deangelis and mark tepper. thanks for being here. $6,800, jackie, is the bite that s been taken out of people s income if you have mom and dad both working in the home. how does this shape up? first, it was 3,500 and then $5,000 and now it s $6,800. it keeps going on. my biggest problem today even though they re trying to explain it away saying it s backward looking, that doesn t mean it didn t have an impact on people. they re paying more
there is nothing you can see right now on this camera, but this is our start on the this saturday morning, as we are getting that drizzle coming down. then as we look away from that, it is clear and sunny. taking a live look outside at san jose, the sun is just teaming into the camera. we will start with temperatures in the low 60s. it is going to be to upper 70s, here. we will see some low 80s for some of our in rosa. now, we are also keeping an eye on the . this is a live look at yosemite, where temperatures to date will get really hot. that of course will be bad for the crews trying to contain the fire. we will continue that coverage. i had to you, kira. kerry, thank you so much. we began the day with planes tearing through yosemite national park, we have time- lapse video of the washburn fire. you can see the glow of the planes on the ridge as the sun went down last night. the wildfire actually broke out on thursday. the map shows you exactly where it is burning. not