ppi tracks the prices that producers pay for their goods. it shows wholesale inflation jumped by.4% in august. double from august, double the forecast. with that september increase, the ppi is up 8 1/2% over this time last year. tomorrow we get the overall inflation picture with the consumer price index report for september. with the ppi higher for producers, it will be higher for us to buy stuff, too. we brace. a grim outlook, too, from the international monetary fund. the agency s chief economist looks at this issue all around the world. and here is what he said. the worst is yet to come. for many people, again this is all around the world, 2023 will feel like a recession. while we re in one, the rest of the world will feel it, too. however, here is president biden. president biden: i don t think there will be a recession. if it is, it will be a very slight recession. it is possible. look, it s possible. i don t anticipate it. what i do think, look, we talk about the im
scaled back, but transport for london insists it is still needed. this railway is not built for today or tomorrow but for the next 100 to 150 years, we believe it is a catalyst propose pandemic recovery. you can see the reaction of customers are wild by the railway, we think it will drive customers back onto the railway.- we think it will drive customers back onto the railway. there was a celebratory back onto the railway. there was a celebratory atmosphere back onto the railway. there was a celebratory atmosphere as - back onto the railway. there was a celebratory atmosphere as the - back onto the railway. there was a | celebratory atmosphere as the new railway arrives with a promise to transform travel across london on the south east. it is not clear when something like this might be built again. katy austin, bbc news. time for a look at the weather. here s stav da naos. probably best to stay below ground today, don t be fooled by the sunny spells, the ominous sky behin
Noon eastern here oat cnn. Our coverage continues now with wolf blitzer snt situation room. Ill see you sunday morning. Happening now, Breaking News. A first look at two americans who were just freed by hamas. A mother and daughter now safe in israel. Were learning more about this initial release of hostages as dozens of others are still being held by hamas in war torn gaza. This hour, trucks packed with lifesaving aid to gaza remain stuck in egypt and may not get through the crossing for at least another 24 to 48 hours. The crisis in gaza at a desperate new level as angry crowds take to streets across the middle east in protest. Also tonight, House Republicans are starting over in their search for a speaker. Extending two weeks of chaos and paralysis. Jim jordan forced to drop out after losing a third floor vote and a Secret Ballot that sealed his face. Plus a Huge New Development into the Georgia Election subversion case. Lawyer ken chesebro accepting a plea deal and admitting into o
Authorities are calling it a possible abduction. Multiple agencies combing the park using dogs and drones. Also tonight, while the shutdown is delayed, the crisis isnt over. Millions of federal workers and u. S. Troops could be back where they were facing a loss of pay within a month and a half. House speaker Kevin Mccarthy passed the deal with the help of democrats. Now faces threats from the right. Matt gaetz moving to oust mccarthy. The speaker says, bring it on. Maryalice parks has the latest. President biden tells House Republicans to stop blaming games after Congress Fails to approve new u. S. Funding for ukraine. This comes as ukraine renews its Drone Attacks inside russia. Tom soufi burridge is on the ground in ukraine. Were tracking a new storm system sweeping across the country this week. Plus, the return of smokey haze from canadian wildfires. Somara theodore times it out. Some of Donald Trumps valued businesses could be on the line as the former president goes on trial in a