the us central bank announces the biggest rise in us interest rates in nearly 30 years, to combat surging inflation. and, spain, southern france, and parts of italy swelter through an extreme heatwave. authorities are warning of water shortages. welcome to our viewers on pbs in america and around the globe. new us aid for ukraine, worth a billion dollars, has been announced by president biden. it includes additional artillery and coastal defence weapons, as well as ammunition for artillery and advanced rocket systems. new pledges came from nato members who met in brussels. the us defence secretary said he will move heaven and earth to ensure ukraine gets the weapons it needs to combat russia s invasion. here s a little of what lloyd austin had to say. we can t afford to let up, and we can t lose steam. the stakes are too high. ukraine is facing a pivotal moment on the battlefield. and we re seeing what president zelensky warned us about. after failing to take kyiv and reasses
they are not eating well. the us central bank announces the biggest rise in us interest rates in nearly 30 years to combat surging inflation. and spain, southern france, and parts of italy swelter through an extreme heatwave. authorities are warning of water shortages. hello and welcome to the programmable to have you with us. new us aid for ukraine worth a billion dollars has been announced by president biden. it includes additional artillery and coastal defence weapons, as well as ammunition for artillery and advanced rocket systems. new pledges came from nato members who met in brussels, the us defence secretary said he will move heaven and earth to ensure ukraine gets the weapons it needs to combat russia s invasion. here s a little of what lloyd austin had to say. we can t afford to let up, and we can t lose steam. the stakes are too high. ukraine is facing a pivotal moment on the battlefield. and we re seeing what president zelensky warned us about. after failing to tak
eating. the us central bank announces the biggest rise in us interest rates in nearly 30 years to combat surging inflation. and spain, southern france, and parts of italy swelter through an extreme heatwave: authorities are warning of water shortages. welcome to our viewers on pbs in america and around the globe. new us aid for ukraine worth a billion dollars has been announced by president biden. it includes additional artillery and coastal defence weapons, as well as ammunition for artillery and advanced rocket systems. new pledges came from nato members who met in brussels. the us defense secretary said he will move heaven and earth to ensure ukraine gets the weapons it needs to combat russia s invasion. here s a little of what lloyd austin had to say. we can t afford to let up, and we can t lose steam. the stakes are too high. ukraine is facing a pivotal moment on the battlefield. and we re seeing what president zelensky warned us about. after failing to take kyiv and rea
so let s get down to business and we begin in the us where the world s most powerful central bank wraps up its monthly meeting later. it s a given the federal reserve will increase the cost of borrowing. the question is by how much. with recent inflation data flashing red the sentiment on wall street has been grim. on monday the s&p 500 entered a bear market after the index fell by more than 20% from january s recent high. our north america business correspondent, michelle fleury, has more from new york. this minnesota petrol station is letting customers know they share their frustration. skyrocketing fuel prices have helped drive up inflation, currently at a a0 year high. customers, our car coming up, ate her at her corolla and gets fuel and at $80, you can t know how much it hits home to people. how much it hits home to ”eole. ,, . , how much it hits home to n-eole. , . , ,, people. gas prices in the us hit a record people. gas prices in the us hit a record of people.
inspiring america. announcer: this is nbc nightly news with lester holt good evening, everyone forecasters are using terms like heat dome and atmospheric rivers to describe what is driving extreme weather conditions across the country tonight, from dangerous rain and flooding to crippling heat many will see triple-digit highs in fact over the course of the next seven days, over 250 million americans can expect temperatures 90 or hotter. and while drought-stricken parts of the west can t seem to buy a drop of rain, too much of it has fallen in montana and wyoming. it s been wiping out bridges, roads, and literally carrying houses away. yellowstone park closed tonight a crushing start to the park s busy vacation season. from tornado sirens blaring in chicago to fires in the west, this is already shaping up to be a summer to remember our team is in place to cover it all, starting tonight with gadi schwartz. reporter: tonight, weather extremes as destructive as they a