coming up soon. first though to this breaking right now, florida governor ron desantis reacting to this report that the white house is huddling over potential litigation options as he and other republican governors transport migrants to sanctuary cities. he did not scribble to get his cabinet together when we had millions of people illegally pouring across the southern border he didn t scramble to get his cabinet together when you had 43, 53 at migrants, dye, and some trailer in texas because they were reground neglected by the federal government. come here is what the white house has to say about this possible, legal action. martha: against these republican governors, watch. that is something the department of justice will handle, so for any potential, legal actions. martha: so, with that, we bring in matt whitaker formal acting u.s. attorney general under president trump, matt, great to have you with us tonight. so, we heard gavin newsom and hillary clinton basi
billion per day and drive inflation even higher. todd: kevin cork e has the lost. kevin: on the virge of striking across america as result some freight and passenger train companies have already begun reducing services. from the international association of machinists and workers, the tentative agreement has been rejected and strike authorization was approved by members and extension has been agreed to until september 29th to allow us to negotiate changes with the nccc, in hopes of an agreement. what that means is most unions involved well, unfortunately, most have agreed, but two major unions are holding out. so a 30-day cooling off period, we ve been talking about for weeks, ends on friday. that means a strike could begin later this week and that would be devastating. in all, talking about a dozen unions in dispute with six of the largest freight rail carriers in the country and a strike could be economically devastating with 60 s,000 workers holding out for better wo
my time is at hand, i won t make it any other way harris: his hit fire and rain is what was happening in the markets yesterday. i m harris faulkner and you are in the faulkner focus . here is what s happening right now at the corner of wall and broad. it s what world markets are watching and affected by as biden s economy is burning, rome style, rome is burning reference there. we re up just a bit as investors have rebounded a tad. it is early in the day. during the celebration, the president was hosting his so-called inflation reduction act celebration. the dow jones industrial average was a free fall. ended up down more than 1200 points on the day. major news networks pulled away from their coverage of the president s party as things were going south. one critic said biden s bash was a slap in the face. new york post named the president tone deaf joe. we know he doesn t hear or apparently see americans struggling with sky high food prices and everything else going
the s&p 500 losing 17 #, the nasdaq fell 633. all of this was sparked by new numbers indicating inflation is not going anywhere but up. any time soon it appears. food prices, other essentials, skyrocketing in the latest cpi report. consumer colonel not far behind. and the president, who is boasting about having inflation under control is facing criticism tonight. we will talk with democratic senator joe manchin in just a moment but, first, white house correspondent jacqui heinrich starts us off live from the north lawn. good evening, jacqui. good evening to you, bret. either the white house expected far better numbers or the person who planned this party had an unfortunate scheduling oversight. gathering democratic lawmakers on a sweltering south lawn on the same day a new inflation reading came in hotter than expected. while the stock market plummeted, james taylor played a song about death on the white house south lawn you can sing this song when i m gone. the day
edward: atlanta fed gdp now says a 348.5% where he had a negative first quarter growth, negative second quarter growth. and the third quarter is being revised it down as we speak. so, the markets are now coming to turn, martha, with all of this possibly longer inflation or inflation lasting longer and the global possible recession. back to you. martha: okay, edward, thank you very much. with that we bring in gene sperling, senior advisor to president biden, jean, welcome, it s good to have you here. you know, and light of all this the comments from fedex by and about a global recession coming. and we are seeing those kinds of comments from other companies that they may have to cut payrolls, cut jobs over the next several months because the economy, they do not see it getting better anytime soon. so, i live think a lot of people felt that inflation reduction act celebration, and also this talk from the white house about how you know green vehicles,