we may not have a republican senate primary winner until next week, and when we do, it might trigger a recount. the president responding to the baby formula issue with action. the government forcing factories to speed up production. this as mothers are near a breaking point. when i get to work in the morning, i look for formula. when we re finally sitting on the couch for an hour at night, we re looking for formula. your mind doesn t stop thinking about it. especially at night. i hate to say. i ve lost a lot of sleep. up first for us, pennsylvania s slow but critical election map. the commonwealth senate race could determine which party controls the chamber next year. this is the race right here. dr. oz, you know him from television, donald trump s preferred candidate. dave mccormick is in second place. a candidate who says he believes as this count continues he will catch up. let s take a look at the state of play. watch as i slide this over. this is all of pennsylva
unofficial returns completed within the next few days, and every county will be reporting their unofficial returns by next tuesday, so we will have a sense very soon as far as, you know, how many mail-in ballots are left to be counted. the outcome in pennsylvania sets up a consequential race for november. now, that could ultimately determine who controls the senate. tuesday was the biggest day so far of the 2022 primary season. it was expected to be a referendum on whether former president trump has any staying power, but the results have been a mixed bag. in the pennsylvania governor s race, state senator doug mast ya know won, trump endorsed him at the last minute. in north carolina trump endorsed the incumbent in the 11th second district. there will be no return for madison cawthorn. david chalian is with me now. let s start with the pennsylvania gop senate primary. where are these outstanding votes for republicans? first, just look at this margin here, right? we re ta
tuesday. the winner will face john fetterman who won the nomination from his hospital bed after pacemaker surgery. that pennsylvania race and others have been largely seen as a referendum on former president trump. but whether or not his influence has a hold on the republican party, still very much up for debate. let s go to north carolina now. trump endorsed the encumbent, but to no avail. there will not be a second term for madison cawthorn. in the pennsylvania governor s race, doug mastriano, a win, although he was ahead in poll before the trump endorsement. david chal-ian joins me now. the pennsylvania primary, let s talk about the outstanding votes first. take a look at where we are. this is about a 2,400 vote race. that s how many votes mehmet oz has in front of david mccormick. where are we looking? one key place is lancaster county, pennsylvania. we know there are potentially thousands of votes out. you see 87% of the estimated vote is in, so that s a big chunk of v
Administration. all of it triggering what analysts tell cnn is a, quote, freakout moment in the markets. matt eagan is here to explain why. you know, in many ways we already have a crisis right now in the united states. an inflation crisis. the soaring cost of living is angering voters. it s unnerving investors, and it s even bothering normally unflopable ceos. there was a new survey that showed that 60 % of ceos expect economic conditions will worsen. 68% expect an eventual recession. investors are getting increasingly nervous. the s&p sis getting uncomfortly close to a bear market which signals a 20 % decline from record highs. yesterday s big selloff was triggered by these inflation warnings from both walmart and target. they re warning that soaring costs are eating against their profit profitability.
Surprising drop in profits. they re blaming supply chain problems, higher costs. it s on track for its worst day since black friday 1987. just yesterday walmart had its worst day since 1987. the one-two punch of target and walmart triggered what she called a freakout moment for investors. if you put a lot of this together it speaks to uncertainty about the economy. matt egan with the good news and bad news. thank you very much. top of a brand new hour on cnn newsroom . thank you for staying with me. one of the most controversial races of the primaries still too close to call. dr. oz and dave mccormick likely heading for a recount, but that decision won t come until next