you re live in the cnn newsroom. i m jim acosta in atlanta. four, three, two, one. engine s full power. and liftoff. falcon 9, go axiom. [ applause ] together we expand this is a beautiful sight if you just missed it, right now four private astronauts are on the way to the international space station. the axiom 2 mission blasted off from the kennedy space center just minutes ago. we ll go there live in just a few minutes to wrap up some really remarkable developments on the space coast. but on the meantime, here in atlanta and in washington, negotiations are resuming to confront the looming debt crisis. the talks will be at the staff level for the moment but they will set the stage for a high-stakes meeting between the president and kevin mccarthy. they spoke today and this new glimmer of optimism, if we could believe it, comes as the prospect of a quick compromise appears increasingly bleak. are you at all optimistic about what we could accomplish today. could we g
you re live in the cnn newsroom. i m jim acosta in atlanta. we re less than 40 minutes to the launch of axiom two. it s the second mission to the international space station. on board is a former space station commander who has spent more time in space than any other american along with a pilot and two mission specialists from saudi arabia. we ll bring you that launch live in about a half an hour. and negotiations will resume over the debt crisis. they will set the stakge for a high-stakes meeting tomorrow. the president is flying home from the g-7 summit in japan. here s what mccarthy had to say about that conversation. i believe it was a productive phone call. and so at the end of the phone call, what we need to do is, we re going to have patrick mchenry get back together with he s going to ask his team, get back together. so we can walk them through literally what we ve been talking about. i think some of the challenges here they might not completely understand h
i ll try to give you a fascinating snapshot of all the world of business and money. let s start here in the uk, where the economy in the first three months of this year recorded growth ofjust 0.1%. output in consumer facing services fell by 0.8% in march underscoring the impact of ongoing strikes and the cost of living crisis. hardly booming but a far cry from the record breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts saying the uk will now avoid going into recession. of course, talking about interest rates. the bank also raised its main interest rate again by a quarter of a percent to 4.5%. that s the 12th rate rise in a row and it puts the cost of borrowing here in the uk at a 15 year high. here s dr steve nolan, senior lecturer in economics at liverpool john moores university. good to see you. hardly the doom and gloom of the recession that was predicted, but let s be fr
a bit more persistent. so, in general the market s expecting maybe one or two more interest rate rises, up to about 5%. the fact we are not in recession probably doesn t change that thinking. the man in charge of the uk s economy has welcomed the rise. here s chancellor of the exchequer, jeremy hunt. these are much better figures than anyone would possibly have predicted even three months ago. that is partly because what the governor of the bank of england said yesterday. measures in the budget that are helping to help companies to recruit and tackle some of the underlying problems in the economy. but there is still much work to do. we still have inflation that is much too high, that is causing a lot of pressure forfamilies up and down the country. that is why we have to stick to our plan to get inflation down, to get growth up, and to get the economy motoring in the way that we all want. the uk remains the only g7 country in which the quarterly measure of gdp has not recover
have you ever rented a power boat along the riverwalk in tampa? it is so much fun, you can zip back and forth, you are only going five miles per hour, it is a lot of fun. ainsley: my good friend lives in the clearwater area, in palm harbor. they take their boat, they insist on living on the water and take their boat to dinner at night with their kids. steve: that is living. ainsley: they spend hours on the water, keeps the kids out of trouble. they just moved, you want her history? steve: if you go to dinner, you have 12 drinks. ainsley: her husband is very responsible, she is a lot of fun. brian: she has option, a live-in skipper, if he wants to drink. ainsley: you can hire a captain. steve: do you call them skipper? i would like to hire a captain. ainsley: from one show. brian: i put an ad out for a live-in skipper, no one ever answered. ainsley: asked ai what is a skipper? brian: cancelled. we begin with a fox news alert, bipartisan group of lawmake