white house. starting with the most important issue to voters: the economy. and we learned today inflation was up last month more than expected. the new data out today shows one of the biggest reasons is housing costs, so we are going to look at what that means i had for your wallet. plus, the immigration crisis remains the top of mind for voters as they make their voices heard in the 2024 election cycle. tonight, we have an in-depth look at the strain in the classroom as tens of thousands of migrants cross the border and their children enter public schools. and then the other big headline today, former president donald trump was not on the campaign trail, but inside a courtroom. tonight, his outburst at the prosecutor and the judge and what the outcome of that $370 million civil fraud trial could mean for his real estate empire. so let s begin with the economy. inflation jumped in unexpectedly today, taking up slightly to an annual rate of 3.4%. cbs s jo ling kent will start
we should point out nbc news has not yet verified that reporting half what we do have this afternoon is new reaction from a spokesperson for mark meadows. joining me now, luke broad january broadwater, matt miller, and joyce vance. luke, who exactly could be picking up these legal fees for at least it seems a dozen witnesses testifying before the january 6th committee? well, there are two funds that are funding witnesses lawyers. one is the save america pac which is run directly connected to donald trump. the other is the cpac first amendment fund which its director says consults with donald trump and donald trump s allies directly to decide which witnesses it will cover. so these are they offer both free legal advice to the witnesses and then also will pay for their attorneys fees if needed. this came to a head this week when cassidy hutchinson said she had to switch attorneys because she felt only with a new attorney could she be more forthright and testify publicly a
has found itself dangerously dependent on china. so what exactly is the chinese government s aims in brazil and why isn t the biden administration doing anything to stop the chinese military from establishing a threatening now beach head in our hemisphere? what is that exactly? we re investigating all of it for a new documentary that we ll have soon. one of the reasons that so few people in the united states notice that china is colonizing countries close to our shores, we have problems of our own here in the united states. the american economy primarily, which is in real trouble right now and not something that we can fix with a cleverly crafted bail-out as we ve done before. the problem here isn t that a few reckless people on wall street did crazy things. the problem is deeper than that. it s systemic. you see it in what you buy. everything. the prices of everything are shooting beyond reach for people in the united states. that would include energy, food, goods, housing,
harry smith on the end of an internet era announcer: this is nbc nightly news with lester holt good evening today some tough medicine for an american economy racked by high inflation. the federal reserve raising a key interest rate 0.75% it s the biggest bump-up since 1994 a hike sure to be felt in the wallets of american borrowers. think higher mortgages rates and bigger credit card payments which we ll get into in a moment. what s it all about? the fed hopes the increase will start putting the brakes on inflation which is running at 40-year highs. gas, food, prices, you name it. it s all soaring investors liked the news today the markets rallying on the fed announcement policymakers weighing future increases while trying to steer around the risk of a recession. let s tell you what you need to know about all this starting with tom costello reporter: for days, the fed has telegraphed that it would go big today after acknowledging it should have acted sooner to rein in
investigating a series of shootings at a medical building near a hospital several people are dead and the gunman said to be armed with a rifle is also dead according to police. police responding to a call late this afternoon about shooter in a building near st. francis hospital. shots fired we see blood on the ground reporter: tonight, chaos in tulsa five people are dead including shooter after police say a man with a rifle entered a medical facility south of downtown. i need them now reporter: authorities say the gunman went to the second floor but it s too early to know why he chose that location police confirming the shooter s death. they have confirmed that the shooter has been taken down and they are actively sweeping it. every room, every floor of every building on the campus to make sure that there s nobody else and everybody will be safe to go home to their loved ones reporter: the fbi and atf on the scene while details come in. friends and family huddle o