To chicago, hitting severe turbulence. And the fbi, the Big Reveal Tonight involving the suspect who tried to kill former President Trump. First tonight, the severe storms heading to the northeast. Storms already downing trees and power lines. A Falling Tree in the storm, a cyclist had no time to avoid it. Firefighters battling the winds and the flames. The storms fumed by the scorching temperatures from st. Louis to new York City down to washington, d. C. Lee goldberg standing by with the forecast for these storms. And what were just learning tonight about that united flight to chicago hitting extreme turbulence. Tonight, there is also news in the Fbis Investigation into the attempted assassination of Donald Trump. New images tonight of the shooters weapon. And investigators revealing the suspect had looked up both Trump And President biden. And authorities now say when the Suspect Saw Trump was appearing not far from his home, thats when they say he allegedly zeroed in on that butler
Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdated data. That is right it is based on outdated data. That is right. It seems is based on outdated data. That is right. It s
Picture in germany and france. Claim of their implications. Francis of their implications. Francis female coppola joins us. Janet yellen says this is arbitrary, is it . I yellen says this is arbitrary, is it . 4 yellen says this is arbitrary, is it . ~. , yellen says this is arbitrary, is it . 4. , yellen says this is arbitrary, is it . ~. , , yellen says this is arbitrary, is it . 4. , ,. , it . I think what she is oining us is showing it . I think what she is oining us is showing a h it . I think what she is joining us is showing a deterioration it . I think what she is joining us is showing a deterioration in it . I think what she is joining us l is showing a deterioration in fiscal governance and asked two decades, so this isnt about what has happened on her watch, its work were also about repeated stand offs on the debt ceiling and short termism in fiscal Spending Plans going back a long time. find fiscal Spending Plans going back a loni time. , fiscal Spending Plans going back
Remember thatjust like most americans who have credit records when they want to borrow money and find out how much debt they can take on, the Us Government also gets a credit rating. When it gets downgraded like this, the potential long term effect as it could push up the cost for the Us Government of borrowing money, and in turn that might long run push up taxes, it could mean less spending by the government and could mean fewer government and could mean fewer government programmes in the future. We are not there yet, but that is the underlying fear. If you look at what they are trying to address here in this downgrade, or one of the concerns they cite, it is a problem that exists both in the past but also in the future, and that is rising Us Government debt. At the moment Us Government debt stands at in excess of 30 trillion and it is expected to exceed the total size of the us economy at some point. With that in mind, with this problem in sight, and with the political disunity we ha
pete: will, you re my hi january translator, does that mean merry christmas? will: it s weird. it actually means happy easter. rachel: no, it doesn t [laughter] is that your favorite christmas? because i actually really like it. will wisconsin it s just funny, in the car ride in to the show this morning, i was my driver had on, like, a channel. it sounds so bougie is, my driver [laughter] he, on the channel radio, they play christmas music pete: yes. it s called sirius, and m. will: maybe. and i was just thinking i m old because i kind of like them all. to your point, is this my favorite? not. i don t know my favorite. a new one comes on, and i like it too. pete: now he s going to rank them for us. will: i can t, and it bothers me. will: what is your faith version of this song? if. will: i honestly don t know, but i think the right answer is don ho. doesn t that sound like ray chris isaac does it will: do you know brother is? pete: the one from national la