tuscany, the province of mosakacra, current population, just 15. it was about 300 in the 1950s. no electric, no indoor plumbing when renado was born. he had four siblings, was a shepherd, he was nevertheless able to emigrate to the united states where he became an orthopedist, one of countless american rags to riches stories. when i travel abroad, i often come home mindful of two things, first how insular we americans can be, inwardly focused and disconnected from global affairs, despite as tom friedman would say, the world being flat. and second i m always grateful to have been born here. this time, i had a third thought, for the first time in my life, i worry about our ability to stay in tact. leadership, incivility, polarization, immigration, violence, all very much on my mind. and recent data suggests i m not alone in my concerns. many of us have more fear than optimism about the united states. of course i m concerned about the economy, with the price of everything fro
i don t have a six figure job. i have to be careful. the president will meet with leaders across the world if it is in the best interests of the american people. the questions that i have, people believe that mbs is responsible for khashoggi s death. the president has spoken to that and i ll let his words stand. i have mixed feelings on this and if the president called me, i d say mr. president, you can t trust these people. live from london, this is cnn newsroom with isa soares. welcome to the show. it is wednesday, june 15th. 9:00 a.m. here in london. and the federal reserve is planning bold action to try to keep the soaring inflation from getting worse. they are expected to raise interest rates by .75, the biggest in almost 30 years. the concerns that the economy is driving down financial markets. the s&p 500 finished lower for a fifth consecutive day pushing it further into bear market territory. president biden blames the russian president and his war in uk
it. inflation, it is zapping the strength of a lot of families. that inflation hit 8.6% last month, highest rate since 1981. majority of americans weren t even alive actually. u.s. families paying more for everything. gas, cars, food, housing, just to name a few. plane tickets, everything. and today fed is expected to rise rates three quarters of a point. so that means that people will pay more to get a car loan, houses and even college. that will taste bad, but the hope is that it cools down inflation overall. right now on wall street you re seeing a little bit of optimism here heading into this final fed decision here. in overseas market, mixed performance in asia and europe has opened higher this morning. this is a perfect day to talk to greg mcbride from bankrate.com, he knows something about interest rates, all kinds of different rates. hi, greg, how are you? good morning, christine, great to be with you again. so this rate hlike we re expecting, 75 basis point
a republican can win. skipping over competitive and going red. mayra flores won. the first mexican born woman to serve in the house. bill: this is a heavily hispanic district that shares a border 80 miles with mexico. it was created 10 years ago and until now it has been a democratic stronghold. dana: what changed? critics are pointing to president biden s border policies. voters witness the crisis firsthand in donna, texas, thousands were held in squall or. bill: the world s richest man weighing in. elon musk tweets the following. the first time i ever voted republican. massive red wave in 2022. dana: team fox coverage. bill melugin is covering the crisis on the border from texas and we re live in dallas. this is exactly what the national republican party was banking on. it spent a million dollars on television ads alone for the special election in this traditionally democratic district down in south texas. and there is so much to know about this very special candi
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