testify next week and the role the white house supreme court justice plaidyed in overturning the election. the key moment in the fight against coronavirus. the cdc set to vote on recommending vaccines for young children. . good morning, it s saturday, june 18th. we are grateful that you re starting your weekend with us. it s always a pleasure to be with you. good to see you, too, boris. let s talk about the new fears that we re learning about about the u.s. economy and it is headed towards a recession. friday marked the end of a rocky week after the federal reserve announced the largest interest rate hike in decades in an attempt to tame inflation. the dow down, the s&p slightly higher but still the worst week since 2020. we also learned that wages in the united states are climbing at their fastest rate since the mid 1980s, but inflation has climbed up so quickly that workers have been been handed a pay cut. america is in a stronger position than any other nation
hello again, everyone, thank you so much for joining me. i m fredericka whitfield. major breaking news, moments ago the cdc s vaccine advisory panel voted if favor of authorizing the pfizer and moderna covid vaccines for children between the ages of 6 months and 5 years. the white house says those vaccines will now be available in states as soon as next week. cnn s miguel marquez has been following this key vote. miguel, this is a welcome moment for many parents across the u.s. and a lot of pediatricians who had been hoping for this. reporter: a lot of people across the country hoping for this. look, it is not clear how significant uptake will be, given where we are in this pandemic. but certainly this was the last big tranche of americans who weren t able to be vaccinated, almost 20 million of our youngest, most vulnerable americans who will now soon be able to get two different vaccines. they had a long meeting today, they took a lot of questions. they had questions and s
cnn has not been able to confirm if that voice was a student, but the man who recorded the video says the audio came from the dispatch radio in a customs and border protection vehicle. we are also hearing today for the first time from an off-duty border agent who ran to help when his wife, a fourth grade teacher, texted him. that agent was getting a haircut when the shooting happened. so he borrowed a gun from his barber and raced to the school. he ended up outside the door the gunman was behind. he had no tactical gear. here s what he says happened next. i was there at the door fixing to go in. once again, i didn t have any gear. i wouldn t have been a smart move for me. all those guys had their gear and stuff, so like i said, i pulled back. obviously there s a lot of scrutiny about the police response. what s your take on all of that? to me, i believe everyone there was doing the best they could given the circumstances. yeah. i believe everyone there was doing every
elected president a short time ago telling him that the alliance between the united states and south korea has never been stronger or more vital. now, the president s trip comes as he faces a myriad of problems back home from a shortage of baby formula to spiking inflation, and now rising covid cases too. tying his trip to asia to the top priority on his overseas agenda, president biden referenced russia s war against ukraine this morning saying that democracies must stand together against autocratic leaders. but i really do think we re at an inflection point in world history. things are changing so rapidly, i think we re going to see more of. it s going to be a competition between democracies and autocracies and i mean that sincerely. and unfortunately i think i m being proven to be correct not just here but around the world. in a joint statement mr. biden and south korean president yoon, the decision is a reversal from the trump administration which scaled back exerci
including as punishment in a psych ward full of criminals. so i was too worried about, you know, who was in the cell with me to actually sleep. you thought they might kill you? yeah, i thought that was a possibility. more from my exclusive interview with trevor reed, the u.s. marine veteran who is finally thankfully home. welcome to the lead. i m jake tapper. we start with our money lead and renewed fears of an economic recession as the markets closed moments ago. the dow finishing flat after a day mostly in the red. what s sounding alarm bells now is this is the eighth straight week of losses for the dow. that s the longest weekly losing streak since 1923. the s&p 500 and nasdaq also taking hits fueled by investors getting increasingly spooked about how high inflation is, messing with the u.s. economy. matt egan is live in new york for us. viewers are likely to see the words bull and bear market tossed around a lot. what does this mean in terms oour money, our sa