hello and welcome to our viewers in the united states and around the world. i m john vause. ahead this hour, standstill. russia s eastern offensive appears to have stalled in ukraine. the plummet continues. stock markets in asia sharply lower following a big fall on wall street, all triggered by dismat earning reports by big retailers and fears of record high inflation. and still too early to call in the pennsylvania senate republican primary. but not too early for donald trump to urge the candidate he endorsed to declare victory. live from cnn center, this is cnn newsroom. with john vause. vladimir putin s three-day war is now into day 85 and appears to be going nowhere, with one nato official saying momentum is shifting in favor of ukraine. overall, nato says the war is at a standstill for now, neither side expected to make major gains. one area of progress for ukraine is a counter offensive in the kharkiv region. ukraine s military says another settlement has bee
reported, get this, a stunning 52% drop in first quarter profits, that was just a day after shares in the nation s largest retailer walmart had their worst day in 35 years. what is going on here? they have their fingers on the pulse of the american consumer and they say inflation was the problem, their customers are sticking to the basics when they come in, leaving with fewer items in their shopping carts. those purchasing decisions being driven by sticker shock of course. basics are getting much more expensive, gas up 44% the last year, car, food and shelter also way up. americans are also making more money. wages rising in this tight labor market, but that is also feeding into worries about inflation because of wages. and because of rising prices, people don t feel secure so they are cutting back and that is shaking market confidence. right now stock index futures are leaning lower. asia closed mixed overnight. looks like except for china all down here. let s bring in krist
intentional. let s go outfront. good evening. i m erin burnett. outfront tonight, the break news. stocks plunge. the dow closing down more than 1100 points today. that is the biggest loss since 2020, at the height of coronavirus, when there was so much uncertainty, no vaccine. the numbers were surging of the dead. this is the biggest drop since then. sit because the nation, one of the biggest retailers in the country, target, said it is getting crushed by inflation, which is hurting the entire country. the ceo saying costs have been rising much faster than retail prices. it was just yesterday that walmart stocks suffered its worst day since 1987. same reason, surging costs. the ceo telling investors, bottom line results were unexpected and reflect ton usual environment. u.s. inflation levels, particularly in food and fuel created more pressure. that pressure is hurting americans. it is outpacing any wage increases, and it is doing so everywhere. and the economy is the n
you blame the russian soldiers and putin. what did you think of russians before this? since 2014, i felt they were bastards but i didn t want to believe in that. 2014 was the year russia invaded and annexed crimea. 2022, the rest of ukraine came under attack. why do you think the russians hit this hotel? i can t explain this, there were no military, no mercenaries, no terrorists, no ukrainian nazis. there was no one like that here. will russians ever be allowed to come back here and stay at this seaside resort? i can only allow them to come back if they re taken prisoner and forced to rebuild. and jake, you will hear this time and time again. this place, odesa, there were many people who were very close to russia and had very friendly ties, from tourism companies that made tons of money on russian tourists, to the mayor himself, who was a part of a russian party, if you will, a pro-russian party. but more and more, as this place keeps getting hit, that sentiment has changed a
Youve had a little bit of time to reflect. I just wonder how you are feeling and how you would characterise the mood of israel right now. Stephen, we are in pain. We are in deep pain when we are actually still counting the number of casualties. We are not even burying the dead yet. The numbers are beyond imagination. We are talking about almost 800 people who were killed, massacred. The barbaric terrorists went into the villages, communities, and during a morning of a quiet holiday, they committed a horrible massacre. And today, we actually seeing those pictures and we are in deep pain. At the same time, we are regrouping. We realise that we have no other choice but to defend ourselves and we are getting ready, getting ready to fight back, to stand up strong, to fight back evil. Thats exactly what will happen in the next few days. We will continue to support the families. Until today, we dont know the exact number of people who were kidnapped into gaza. And im not talking about soldier