quicksilver record job market. businesses are investing in america at record rates. this is partly strongest rebound in american manufacturing and over three decades. that is not selling a recession to meet. let s bring in heaven he s a former chairman of the council of economic advisors and distinguish a visiting fellow at the hoover institution. great to see you my friend. you got inflation right you got the gdp numbers right, you said this is going to be a negative quarter, the second in a row. how bad is this, at least a stagflation not recession, how long is it going to last? it is a very bad. it s going to get a lot worse in the second half of the year, sadly. i think one of the reasons is going to get a lot worse as the biden administration is in denial and they re not pursuing policies that are necessary right now to help the fed out. what are the things they keep saying is we are not really in recession because the labor market is strong. but they re not really l
temperatures, hitting record highs across the country, at the same time they are trying to battle this. plus, troubling signs for the u.s. economy. second quarter gdp, how much the economy grew and it s expected to shrink as president biden faces several economic challenges. inflation, continued supply chain issues, gas prices high but coming down. all of this overshadowing a 3.6%, very low unemployment rate. several key economic indicators expected this week. we ll talk about what s ahead. and republican congressman and january 6th committee vice chair liz cheney says a subpoena for ginni thomas, the wife of supreme court justice clarence thomas, is not off the table. anxiety is growing among republicans over the committee s revelations about former president trump and many in the party are now encouraging other republicans to jump in the 2024 race for the white house. let s begin with the wildfire in california. our national correspondent camilla is at the scene of the fi
stolen, and a live stream captured the crime going down. welcome to the lead. i m kasie hunt in for jake tapper. we start with our politics lead and the january 6th committee releasing new evidence in its case against donald trump as it narrows its focus for the coming weeks. on the agenda, trying to compel testimony from ginni thomas, a conservative activist and wife of supreme court justice clarence thomas, over her role in advocating to overturn the 2020 election. committee vice chair congresswoman liz cheney telling cnn they will consider a subpoena if thomas doesn t cooperate. we certainly hope that she will agree to come in voluntarily, but the committee is fully prepared to contemplate a subpoena if she does not. committee is also pushing to get more documents from the u.s. secret service and answers about the agency s potentially missing text messages from on and around january 6th. one of the committee members, congresswoman elaine luria, released previously
disrupt u.s. nuclear arsenal communications. we have new exclusive cnn reporting on that next. there s a different way to treat hiv. it s every-other-month, injectable cabenuva. for adults who are undetectable, cabenuva is the only complete hiv treatment you can get every othemonth. cabenu helps keep me undetectable. it s twinjections, given by a healthcare provider . it s oneess thing to think about while traveling. hiv pills aren t on my mind. a quick change in my plans is no big deal. don t receive cabenuva if you re allergic to its ingredients or taking certain medicines, which may interact with cabenuva. serious side effects include allergic reactions, post-injection reactions, liver problems, and depression. if you have a rash and other allergic reaction symptoms, stop cabenuva and get medical help right away. tell your doctor if you have liver problems
we are back with our tech lead. and a cnn exclusive. the fbi is increasingly alarmed about a chinese company s ability to intercept sensitive military information here in the united states, including nuclear arsenal communications. cnn s katie beau broke the story. one fbi official said the concern level over the chinese made equipment on top of u.s. cell towers is in the bfd category, we ll let our viewers translate what it means. lay it out for us. this all started with this big fbi counterintelligence investigation that dates back to at least the obama administration. it was ultimately briefed after the trump white house in 2018. the fbi knew the small rural telecommunications carriers in the midwest were using huawei equipment on top of their towers in places like colorado and nebraska where there s a lot of sensitive u.s. military installations, including nuclear missile silos. wow. companies say they were using this equipment because it s