the covid global health emergency is over. that s the word from the world health organization. a historic moment since he declared an emergency more than three years ago. it also comes as the u.s. is set to end its own public health emergency. bracing for a surge. right now homeland security alejandro mayorkas is at the u.s. southern border as worries grow about a sharp rise of migrant crossings days before a covid-era policy ends. live from there. a major threat to putin s war in ukraine. the head of a mercenary group deployed in the war against ukraine by tens of thousands, wagner, says he could pull out from a battle as russia raises a major counteroffensive against ukraine. this, all coming in here to cnn news central . it is a historic moment in the global fight against coronavirus. the world health organization today announcing covid-19 is no longer a global health emergency. it was more than three years ago now that coronavirus was declared a public health emerg
democrat, congressman brendan boyle joins me shortly. more than 11,000 film and television writers are on strike. they go on strike after talks over pay and job security in the face of new challenges from streaming and ai collapse overnight. what luke russert has learned about dealing with grief after the loss of his father tim. do you have advice for other millennials, other young people dealing with loss? it s never easy. i realize why there s this voice in my head speaking to me about discomfort or uncomfortable feelings. when i realized that was the processing of my father s death, that i had never fully done, once i turned to it, gave it the attention it needed, it made me a better person. good day, everyone. i m andrea mitchell in washington. the president and the speaker meet face to face for the first time in months over the debt ceiling next week, when house members return to washington as the markets are dropping today. they say the nation s cash will run out
the south carolina senator. john: charlie hurt is there, the united nations gets a lot of attention, the question for charlie, why is it getting any attention? sandra: and john, great to be with you, a huge news day. adding to everything happening right now, the decision from the federal reserve on another interest rate hike. the goal here is to tame sky high inflation. the fed looking to raise rates for a third straight time to try to slow down those rising prices. so right now you are looking at reactions in the market. 161, i see green but i see a negative next to the dow. ok, so, looks like the dow turned lower on the news. s & p is also lower. reaction, the fed did agree to raise interest rates three-quarters of a point, remember larry kudlow saying rip the band aid off, a full point. jay powell clearly not deciding to that, and now markets are reacting to what was an expected move with the dow moving lower by 100 points, ok, now you see the red tick there, john, wha
it. inflation, it is zapping the strength of a lot of families. that inflation hit 8.6% last month, highest rate since 1981. majority of americans weren t even alive actually. u.s. families paying more for everything. gas, cars, food, housing, just to name a few. plane tickets, everything. and today fed is expected to rise rates three quarters of a point. so that means that people will pay more to get a car loan, houses and even college. that will taste bad, but the hope is that it cools down inflation overall. right now on wall street you re seeing a little bit of optimism here heading into this final fed decision here. in overseas market, mixed performance in asia and europe has opened higher this morning. this is a perfect day to talk to greg mcbride from bankrate.com, he knows something about interest rates, all kinds of different rates. hi, greg, how are you? good morning, christine, great to be with you again. so this rate hlike we re expecting, 75 basis point
three republican in the house and karl rove will also weigh in. sandra: big show coming up. first, fox news alert. move to the federal reserve that could impact every american. standing by for a major decision that would be the biggest interest rate hike in nearly 30 years. ok, we are waiting for it. hello, i m sandra smith in new, i don t. trace, great to have you. trace: you as well, i m in for john roberts, and this is america reports. fed decision will be a dramatic attempt to cool down the economy, increasing rates would make everything from a mortgage to a business loan to credit cards much more expensive. all this as president biden continues to deflect on inflation. refusing to take responsibility for the administration s role in skyrocketing prices. sandra: the u.s. has a higher inflation rate than many of the other major economies and the white house is promising a new messaging on the economy strategy with democrats ahead of the midterms. we ll dig in, bu