economists were expecting. so what you have right now is a scenario where business level inflation does appear at least from one data point to be moderating a little bit, which is why even with that data showing a large year over year increase, up around 8.7%, it is still lower than it was in the previous month. that is leading some to be a little more optimistic which is why you are not seeing a mastiff market reaction today the likes of what you saw yesterday. but what it comes down to is whether or not this will change the calculus for the fed. and at last check on the heels of that inflation data this morning, there is now pretty much an expectation predominantly that the fed next week will raise short term interest rates by now three quarters of 1% and there is a 34% chance that the fed will raise rates by one full percentage point mark. and if they were do that, hypothetically, if the fed were to raise by one full percentage point, it would be the largest single raise f
affidavit could compromise the ongoing criminal investigation. it s been eight days since that unprecedented fbi action and we know that doj filter teams have combed through at least some of the contents retrieved from trump s home. we know this because doj returned trump s passports, three of them, in fact, that were found among the materials that were taken away by the fbi. we ve been tracking all of this for the past week. katelyn, what can we expect to happen at this hearing on thursday that has been called by that florida judge? reporter: alex, this hearing is going to be all about secrecy, and especially the arguments that the justice department is going to make to keep secret this very important document that backed up that search of mar-a-lago last monday. remember, that document, it s an afte affidavit. it s only been seen by the judge so far outside of prosecutors and investigators. and it s a narrative that would detail everything that has happened in this invest
The president of armenias self declared Nagorno Karabakh republic has signed a decree which will dissolve all State Institutions on january the first. More than half the Ethnic Armenian population has fled since azerbaijan seized control of the region just over a week ago. The exodus of Ethnic Armenians surpassed 65,000 on wednesday. Many have ended up in the Armenian Border town of goris, from where our correspondent Sarah Rainsford updated me earlier. Were on the town square in goris, which is the main Armenian Border town, which is receiving refugees from Nagorno Karabakh. And you can see some of them behind me, just some of the giant aid effort thats been launched here to help people. Obviously, its Government Institutions that are involved, but also local people, lots of local businesses bringing donations to be handed out to people as they arrive here. Localfamilies, in fact, right across armenia, posting on social media, offering places to stay for people because there is a huge
there in the white house where the border situation is boiling. a bipartisan compare of lawmakers, senator cornyn and congressman henry cuellar toured a detention facilities. the dhs denied their request to have cameras. we did hear a lot about the border from the president just moments ago. also today a victim of cancel culture? new york governor andrew cuomo says he s not going anywhere after an avalanche of calls for his resignation and a brand new explosive allegation. you have aoc calling for him to step down. how judiciary chairman jerry nadler and other new york democrats in congress all saying step down. people know the difference between playing politics, bowing to cancel culture and the truth. let the review proceed. i m not going to resign. martha: so a republican congresswoman said that his day us are finished. attorney leo terrell joins us in minutes. first, bryan llenas who is covering this story live in new york. lots of breaking news on the cuomo story tod