motivation probably money. price per barrel which was over $120 in march by late september dipped below 80. and it also seems designed to help russia which has been hurt by sanctions since its invasion of ukraine and heavily depends on its oil profits. surely, opec plus knew the move would also impact america s election which is just a month away. when joe biden took office the national gas average was $2.39 a gallon by this summer, it more than doubled, $5. even higher in california, and his popularity plummeted. and then in the wake of the supreme court overturning roe versus wade on june 24th, the democrats have been getting more hopeful signs about the midterms, maybe hoping to hold on to the senate and a slim chance to keep the house which many attributed to abortion rights and that issue. but could the real issue be something else, as nate cohen suggested in the new york times this week isn t st. the gas price, stupid? cohen pointed out ten days before the issue on ab
times higher than when president biden took office. bill: threatening to make it worse a possible strike by tens of thousands of railroad workers. could happen as soon as friday. stoppage would cost the economy $2 billion a day. that leaves about a third of the u.s. freight in the lurch. dana: biden administration is working to broker a deal between unions and rail companies. the dispute is already impacting service with amtrak suspending some trains. kelly o grady has the latest on the possible rail strike and edward lawrence reporting on the inflation news from the white house. the inflation year-over-year 8.3% ticks down a little bit. the federal reserve would like to see the number around 2%. the federal reserve is going to be focused on the core inflation. inflation without food and energy prices. that number went up for the first time in five months and rose substantially to 6.3%. that will spook the federal reserve. the biden administration will tout the overall
it s backed off a bit, but if you look at the tech heavy nasdaq, it is off 4% and plunging. john: debbie dingle standing by with her thoughts on how this could affect her party s midterm chances. but first, to jacqui heinrich live on the north lawn this hour and rather ironic the president has a celebration of the economy this afternoon. how are they reacting to the cpi report? either the white house expected numbers a whole lot better than this or someone in the scheduling office had an unfortunate oversight and getting an earful. it is ironic they are hosting a bunch of democratic lawmakers here today to mark the signing, last month s signing of the inflation reduction act just as those new numbers come out showing inflation, core inflation shot up last month 6.3% in august, up from 5.9% in july. and that is a key metric that the fed watches very closely and these numbers are more than the 6.1% that economists predicted, the next set of rate hikes will likely be quite a
abundance of russian cable news are openly and loudly disagreeing with their favorite pundit on american cable news. vladimir putin is not losing the war in ukraine, he s winning the war in ukraine. when all in starts right now good evening from new york. i am chris hayes. in a major escalation, the department of justice has now sent 40 subpoenas to trump allies, just the past, week as part of its investigation into the attempted coup, and the insurrection. new york times reports, the doj also seized cell phones from two of trump s coup plotting aids, boris and mike roman. now, mike roman might feel a little remote in your memory. there s a lot of characters here. he was actually the director of trump s 2020 election they operations, and crucially, according to reporting we have, he reportedly hand-delivered slates of fake electors to congress as part of trump s attempt to go. in addition to his own role in the fake elector scheme, epstein was also the appointed
new york times reports a major escalation in the department of justice grand jury probe of trump s inner circle. and, mark ally on the part of the big lie in the claim they have a 45,000 new poll launches for election day but, 57 days out. new caution on what will look. like great numbers for. democrats, and why even the pundits of russian cable news are openly and loudly disagreeing with their favorite pundit on american cable news. vladimir putin is not losing the war in ukraine, he s winning the war in ukraine. when all in starts right now good evening from new york. i am chris hayes. in a major escalation, the department of justice has now sent 40 subpoenas to trump allies, just this past week, as part of its investigation into the attempted coup and the insurrection. new york times reports, the doj also seized cell phones from two of trump s coup plotting aids, boris epshteyn and mike roman. now, mike roman might feel a little remote in your memory. there s