an emergency meeting in paris as the uk calls for an investigation into the treatment of liverpool fans at saturday s champions league final. new data will show how much food and drink prices have been rising as the cost of living crisis grows. we ll have all the details as those findings are released. president biden meets grieving families in texas amid anger at the slow police response to last week s school shooting in which 19 children and 2 teachers were killed. russia insists the liberation of eastern ukraine s donbas region is its unconditional priority as it continues its invasion of the country. that, as eu leaders gather to try to agree a ban on russian oil imports. and.we get a tour of the queen s floating palace the royal yacht britannia ahead of platinum jubilee celebrations this weekend. a bbc news investigation has learned that police forces are taking longer to respond to serious incidents in england and wales. information requests indicate that office
there. with china in mind. but as biden prepares to head overseas, there are concerns that north korea is preparing to test an intercontinental ballistic missile in the coming days, one more dose of saber ra rattling. the other major story we re following, the u.s. economy in flux, to say the least. wall street set for another rough day, dow futures already down. you see there this morning. after the markets worst day in nearly two years yesterday, ending down nearly 1200 points, 3.5% or so. inflation fears now depressing investor sentiment. many ceos are stating their concerns of a recession could be coming. let s begin at the white house, cnn s john harwood is there. so, first, john to this meeting today, sweden and finland, two countries that avoided membership in the alliance for years, for decades in fact, the invasion of ukraine changed that, the president showing his support today. reporter: that s right. and this is one of a series of consequences that have unfolde
Regret The Democrats playing games with january 6th . Yes. They played so many politics. What they did to this institution, what they did to this building was so wrong. The idea that they put magnetometers there, the idea that they would go to any republican member that they had been cosponsors of bills, and they no longer could be a cosponsor, that they would find members 5,000 if the magazine top of theers went on. But when nancy went around it or clyburn, it all got waived. The idea that bills didnt have to go through committee, the idea they created a select committee on january 6th and they wouldnt let the minority appoint who to do it . Im trying to change all that and bring the body back so they can work together. But i think they did a lot of damage to us. Yes, sir . The house is trying to pass the appropriations bill one by one. Where are you in the process thats always been my goal. You know, i just talked to mitch yesterday, and i had a call in to schumer, and i talked to ha
Road map begins with the global stock rally, tech futures pointing to a higher open ahead of the holiday. Ceo meg whitman saying she will step down early next year shes going to join us in a live exclusive and perhaps final interview in a few minutes. And President Trump weighin in on the at t time warner merger saying the deal is not good for the country. Stocks looking to continue their upward momentum, technology was tuesdays Top Performing sector along with apple. The first time thats happened since july of 2015 q guys i think its 25 times weve had the dow and s p and nasdaq 28 times set records on the same day surpassing the record we got back in 1995. Which just sort of shows you that the dips have been so shallow, that any time you get the three indexes rising this year, chances are they are going to be in new record territory. It was are the everything rally yesterday. After last weeks little backup in the indexes and high yield didnt open up any cracks, people felt lets try fo
Stocks declining for a second day. A slump in chinese equities in a , which is why we might see exacerbated moves. More dovish than expected Federal Reserve. We had the minutes yesterday. We are getting pmi edit europe, better than expected. Better than expected if you look at services. Manufacturing also that are than expected. Manufacturing also better than expected. We are looking at a pretty strong economy. Au will get to europe in second. Eurodollar currently 118. 45. Coming up, we speak to alexander stubb. Brexit talk to him about and the eurozone. In the meantime, lets get to the bloomberg first word news. Democratsmany social are ready to start talks with Angela Merkel. Totin schulz is prepared offer her limited support for a full term. It is said he could back her in a minority government but not but would not offer another grand coalition. Philip hammonds budget has been welcomed by members of the conservative party, while stilla mays future is questionable. Some ball boy the