join us coming up. john: first fox news alert to an economy in crisis. americans crushed on high prices from gas to food while their retirement accounts evaporate. growing concerns a dramatic move by the fed on interest rates could send the economy spiralling into recession. john roberts in washington. sandra. great to have you back. sandra: i am sandra smith in new york. this is america reports. we are watching all of this, brand-new numbers today from may painting a bleak picture of the american economy. consumer and producer prices still skyrocketing, and hitting record highs. all has major implications for your wallet as those producers that are facing higher costs plan to pass those higher numbers down to the consumer in the form of higher and higher prices. john: national price of gasoline up 63% from a year ago and the highest ever. sandra: it is almost hard to believe, every day a new record. the white house has announced a middle east trip to saudi arabia n
good to be with you. i m katy tur. at least 12 more people are dead after another wave of shootings over the weekend. in downtown philadelphia, two handguns, one with an extended magazine were found in the aftermath of a shooting on a crowded street. three people were killed and 12 others injured. now police say they are searching for at least three gunmen and two more guns. in summerton, south carolina, a drive-by shooting a the at a high school graduation party wounded several and 12 killed. in phoenix, arizona, 8 killed and 1 injured. and in hempstead new york, chicago illinois, 7 dead and 54 injured. this all happened as the families in uvalde are still burying the dead, the children killed by what ted cruz has called a violent psychopath who was legally of allowed to buy an a.r.-15 style weapon and more than a thousand rounds of ammunition. sickened enough to speak out, more than 250 republican donors and self-declared you gun enthusiasts in texas, including several wh
calling for immediate humanitarian aid for gaza. the head of the agency says the war is having a catastrophic impact on healthcare there. our international editor jeremy bowen reports now on the situation on the ground in both the west bank and gaza. you may find some of the images distressing. at al nasser hospital in khan younis, they laid out the wrapped bodies of people killed in the night by israel. at the end of the line was a baby killed on the day she was born. laid across the bodies of her mother and her father. don t cry , he told theirson, mohammed. they are in heaven. gaza has been turned into a living hell for civilians by israel s offensive. thousands of children are among the palestinian dead. theirfamilies say there is only one way to make a difference. everyone is only talking aboutaid , said ibrahim. we don t care about aid, we want them to stop the bloodshed. the americans say israel is killing too many innocent people, but they still blocked the un s
alternative and no room for discussion between shock treatment and gradualism. joining me now is andres abadia chief latam economist at pantheon macroeconomics. lovely to see you again. he is now formally in the job and has delivered his first initial speech. what will he do next? the speech was relatively light on detail but he says there will be a physical shop to the economy and that is important because we are at about 5% of gdp but the good news is he said that the shock or the adjustment would be on the state and not the private sector. there are also economic indicators that suggest more than 40% of the population live in poverty so when he will have a mammoth task to bring the economy back on track. will he dismantle the central bank and swap the peso for the us dollar which he did say he would do in his electioneering. that is the main question right now. so far we have seen since he was elected one month ago that he has been pragmatic, more pragmatic than expected
ainsley: hi, everyone i m laura ingraham. this is the ingraham angle. great to have you with us. biden s birthday collapse. what? that s the focus of tonight s angle. laura: today it s 81 candles for our 46th president. that s quite a personal accomplishment, i must say. well, the stars of stage and screen have traditionally loved celebrating democrat presidents on their birthdays. happy birthday to you happy birthday, mr. president. [laughter] happy birthday to you everybody, happy birthday. laura: biden was 19 and a half years old when that took place. but this year the affair was a little more subdued. even his pals in the press are having trouble finding something to celebrate. this morning president joe biden is celebrating his 81st birthday and i m sure he would wish for different polling on his birthday. one of the things that the president cannot change is the fact that he is 8 # years old. happy birthday, mr. president. you can t magically b