Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing
Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing
Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses on edge, but the president says its essential to get china to change its unfair ways in the way it goes about doing
Bret, obviously we are showing this as the president is arriving ahead of his border visit later this week. But we are highlighting, obviously, the live shots at the border as New York City is an example of a city just inundated to the max with migrants coming from there every single day. Bret sandra, its amazing the numbers if you look at them. Meantime, former President Trump will be there on the border in eagle pass, texas on thursday, while President Biden will be in brownsville, texas, just his second trip to the border as president. Sandra im sandra smith in New York City and this is america reports. Bret Bret Baier In Washington in for john roberts. The president will be blocks from the Roosevelt Hotel, but will he see the migrant crisis firsthand in new york . Outrage is growing after Police Charged an illegal immigrant with killing 22yearold laken riley down in georgia. The suspect had been arrested once before in new york. Committed a crime when you come into the country ille
a deal was cut with the chief. video showing the leader yevgeny prigozhin, his forces agreeing to remove themselves from the blood this i group he founded. as for its leader, he goes to exile in belarus. he s safe, no charges. so much of what we are reporting is difficult to rationalize and confirm. but what does it mean to the ukraine war. financing it has been a disaster from the day russia invaded for russia and a bunch of civilians. they suffered over 200,000 casualties. let s get the latest from kyiv. give us the latest. reporter: it looks like we are back from the brink in neighboring russia. but it looks like there has been a lot of damage done to a lot of different folks. it was the biggest challenge to president vladimir putin. three decades in office. the man who is responsible. the wagner mercenary chief yevgeny prigozhin complaining about the war and military conduct. then pulling this fighters out of the fight and into rostov-on-don . they basically took over th