counsel investigating donald trump could finally get testimony from former vice president mike pence. that could be incredibly significant. you know, it s a month of pushback, and now pence, it appears, is going to finally testifying. the special counsel s investigation into trump and his actions on january. six. a spokesman for the former vice president says he will not appeal a judge s ruling in order that he must appear before the grand jury that s investigating the insurrection and trump s efforts to overturn the election. that means pence could testify about the one on one conversations he had with trump leading up to that day, including what we know is a heated phone call that happened the morning of the riot when pence, refused trump s efforts to get him to try to block the certification of president biden s win, plus a cnn exclusive this morning as cnn sources are telling cnn that former national security officials have testified that trump was repeatedly warned he di
into bear market territory yesterday. economists predict the fed will raise interest rates again in another attempt to battle rising inflation. cnn business correspondent solomon is here with me now. this ppi report, why should people at home care about this? what s it matter for us? it s interesting because ppi doesn t get as much attention as the consumer price index, but it s really important because it s factory level inflation, what producers are experiencing, and we know what companies are feeling, we ll likely see a few months down the line in terms of consumer prices. even though we did see slight moderation in categories like food, the topline number is troubling because we know after friday s report that there were no signs of moderation, that there were signs of acceleration in inflation and what we have now with this report is a sign perhaps of more pain to come down the road. okay. so, now, tomorrow, expecting this big announcement. on how much, by how much t
retail banking in california by j.d. power. card, and it was crazy. i don t have to worry about interest fees. credit checks. my scores of 80 points. join me at chime .com. solomon in new york and this is cnn. so released just moments ago. i checking the weekly job numbers, but i don t really need to check because we have cnn s business correspondent solomon i just put it down. like, why am i gonna check? kind of handle that for you? what do you got for us? good morning. so these numbers just crossing a short time ago about 12 minutes ago. so this is a look at how many americans are filing for unemployment benefits. for the first time. so this is a proxy for layoffs. right? so what we see is that the number of initial claims was 228,000 and the level from the week prior. that is for the week ending april 1st. i should say the level for the week prior was actually revised up by 48,000 from 198,000 to 246,000. i want to put this in context based on
into bear market territory yesterday. economists predict the fed will raise interest rates again in another attempt to battle rising inflation. cnn business correspondent solomon is here with me now. this ppi report, why should people at home care about this? what s it matter for us? it s interesting because ppi doesn t get as much attention as the consumer price index, but it s really important because it s factory level inflation, what producers are experiencing, and we know what companies are feeling, we ll likely see a few months down the line in terms of consumer prices. even though we did see slight moderation in categories like food, the topline number is troubling because we know after friday s report that there were no signs of moderation, that there were signs of acceleration in inflation and what we have now with this report is a sign perhaps of more pain to come down the road. okay. so, now, tomorrow, expecting this big announcement. on how much, by how much the fed wil