To brace for the trickle down effect of that. Welcome to a new hour of americas newsroom, im dana perino. Good morning again. Bill its been a week, huh . Dana or two in one. Bill im bill hemmer. Good morning. Americans are hurting. Overall inflation increased nearly 20 under bidenharris. Check this out. Food and housing and shelter, energy and electricity, Auto Insurance Way up. Feeding your Dog Or Cat or fish or whatever you have at 23 . There is no doubt it affects the economy. Markets recovering this morning after taking a bit of a Dip Yesterday and now we are down again about 200 points 30 minutes into the day. Dana and even harriss usual supporters say she has no way to defend the state of the current economy. Watch here. The first question she was asked, are the american people better off today than they were four years ago . She didnt definitively say yes. The reason is, its complicated. You just said it. Housing is still expensive, insurance, car insurance, insuring your home h
is the impact for most average americans on those retirement plans and others right now? you certainly saw a dip yesterday and percentagewise, as you mentioned, that really hasn t been much of a record breaking impact. a lot of the financial advisers we ve been talking to all say for people who have 401ks, those long-term investments are long term for a reason and not to make any sort of sudden moves on that. we see a pretty big recovery. we have to remember this so-called trump rally that has continued to climb over past year, well, 1,100-point drop does not necessarily wipe it out. it wipes out the gains from this year so far but it doesn t come anywhere close to where we were back when trump took office and when trump was elected back in november 2016. so relatively markets are very much up if you re going to look at it from a political perspective. jo ling kent, thanks very much. right here coming up,
look at the chart over the year. google up 23%. you know, yes, a little bit of a dip yesterday, but unlikely to have major impact and outside impact on the overall rise in the year. what about the market today? markets flat, looking at health care. seeing if, you know, the republicans have enough firepower to get the legislative agenda done. a pre-cursor to tax reform. republicans can t get health care done, the question, can they get tax reform? maybe a little more bipartisan buy in on that one. a quick break. we ll be right back. (upbeat dance music)
even if their girls are among the first released, the government assures the negotiations are continuing and now hope and optimism finally can take root within those homes. good news, but too long in the coming. nima, thank you. let s get an early start on your money. dow futures up just slightly this morning. following a dip yesterday. stocks in europe and asia are higher helping to fuel the optimism. oil prices are back above the $51 barrel. united airlines suffered a system wide flight delay issue last night. ensnaring christine romans in washington, d.c. where she is awake and watching right now. a spokesperson says the issue is resolved. the reporting system was the cause. united apologizes for the delays, but would not say how many people were effected beyond christine romans. it was a policy debate where christine romans was the
the medical examiner said cocaine was the cause of death, there were three puncture wounds that came from a taser. nine minutes past the hour. u.s. stock futures pointing higher after a dip yesterday. oil prices fell to a two-month low. they are trying to pull higher. they fell 3% on over supply worries. oil tanks are brimming full and global demand is waning. energy stocks led the declines yesterday. a daily fantasy sports say they won t leave new york without a fight. the state attorney general ordered two companies to stop games because they violate gambling laws. both companies are immediately playing offense. draft kings fired back with a legal team ready to challenge new york. fanduel said it will fight with everything in its arsenal.