Cut for American Workers getting less for their money. Gas prices continue to climb. Federal reserve expected to continue the rate hike. What is the administration going to do to get inflation under control. Gerad bernstein. Good to have you on. I wish we had better news. Im certain you wish this was better news. But at the heart of this is the Core Inflation number. And when it comes to Core Inflation, that does not include energy or food but yet that number is the highest weve seen since 1982. Sir, is it time for this white house and the Biden Administration to pivot on its economic policies . No, i think what we have is the white house, the federal reserve, we are acutely aware of the pressures that this causes on American Families and budgets. The president started out this morning by talking about how americans are squeezed by The Cost Of Living and they didnt need this report to remind them of it but it is certainly in the report. I asked you that question and you said no. So are
Shelter in place. Its now been more than 12 hours since the two Mass Shoot Gs happened in lewiston, maine. Police are looking for this man, robert card. Hes 40 years old and police are calling him a Person Of Interest right now. Theyve released several images of him, including surveillance photos which were showing right now from the Bowling Alley where the first shooting took place. Card is a certified Firearms Instructor and a member of the u. S. Army reserves. Police say hes armed and dangerous. We will be getting an update from police this morning. This unfolded last night at a Bowling Alley and a restaurant in lewiston, maine. Law enforcement sources tell us at cnn that 16 people were killed and 60 others were hurt. We just received video from outside the Bowling Alley when Police Arrived on scene. Take a look. Folks, this way. I suggest for your safety you go. Whats that . I suggest you go. I didnt hear you. What . I suggest you go. We have an active shooter and were not sure whe
Will be continued by the head of our middle east bureau, sergey poshkov. More than 500 rockets, more than half a thousand hamas targets were hit and at the same time rocket launchers from the zedim alcosam brigades fired at israeli cities from gas, not only along the perimeter of the palestinian enclave, but in the center of the country. After one oclock in the afternoon, the air raid siren, tseva adom, sounded in tel aviv, in azhdod. In ashkelon, reshonzon and even in jerusalem, and the salvoes were sent quite densely, several dozen missiles of the groundtosurface class at once, and the iron dome system could not cope with all the missiles fired by the palestinians, the computers did not have time to calculate the trajectory of each fired projectile, so there were hits v there were no casualties in jerusalem; the missiles were launched towards the main air force. But nothing more, now the airport is operating as usual, the pressure and pressure directly from the palestinian enclaves i
Farewell to Dianne Feinstein. The Largest Health care worker strike. And then some lucky losing powerball players still score big in the bay area. You have checked your tickets just yet. We will review the numbers. Youre watching today in the bay. Good morning, thank you for joining us. I am laura garcia. I am marcus washington. We are tracking the hot weather out there, and it could eventually well, kari, is this a heat wave or not . Yeah, a heat wave is how long it lasts and above average temperatures for two or more days, thats a heat wave. We are seeing that. As we head into the next couple of days, it will heat up in the afternoons and the mornings are nice and mild and thats when we get a break out there. San jose starting out in the upper 70s at 10 00. Were already starting to warm up by late morning. Then as we go through the day, look at that, we will be in the mid90s, reaching 95 degrees this afternoon. A lot of mid50s year across the bay area, and even heating up in San Fran
Im wilfred frost. Im Morgan Brennan in for sara eisen good morning. Lets get straight to the market picture. Resounding performance yesterday. The dow and s p up 1 . The nasdaq up by a half percent. Banks really soaring, sort of perfect storm for them yesterday. The new fed chair talking about raising interest rates, also talking about not increasing bank regulation, reforming the volcker rule and progress on tax reform banks disproportionately pay full tax rates, thats why the russell soared 1. 5 . Transports, too transports as well. Good day across the board for risk assets. Its good for the dow, good for the s p, up 48 points or so on the dow. The nasdaq is just south of the flat line, down 6 points bitcoin surging to a new record high, above 10,000 over night it surged as much as 4. 4 earlier, now 8 . So its 10,700 in asian trading hours. Its capped more than ten fold increase now this calendar year. Extraordinary run continuing up 9 10678 9 , 10,700 almost 11,000. I wonder how muc