three republican in the house and karl rove will also weigh in. sandra: big show coming up. first, fox news alert. move to the federal reserve that could impact every american. standing by for a major decision that would be the biggest interest rate hike in nearly 30 years. ok, we are waiting for it. hello, i m sandra smith in new, i don t. trace, great to have you. trace: you as well, i m in for john roberts, and this is america reports. fed decision will be a dramatic attempt to cool down the economy, increasing rates would make everything from a mortgage to a business loan to credit cards much more expensive. all this as president biden continues to deflect on inflation. refusing to take responsibility for the administration s role in skyrocketing prices. sandra: the u.s. has a higher inflation rate than many of the other major economies and the white house is promising a new messaging on the economy strategy with democrats ahead of the midterms. we ll dig in, bu
The stand tomorrow. Laney davis standing by for a preview. Plus, Andrew Weisman watched the testimony this week and they will join me today. Somehow a fictional cannibal was not the most interesting thing he said. Biden spokesperson joins me with her reaction. Later, my friend and colleague stops by to talk about his new book and how small acts of courage of the engines of dem being democracy. Okay. The date was january 12th, 2018. This was the headline in the wall street journal. Trump lawyer a raged 130,000 payment for adultfilm stars silence. Obviously that was a dpraby headline even by 2018 standards. There was a lot going on at the time. The big news that night was actually the sitting president of the United States saying something completely racist about african countries. But that story from the wall street journal, the one about the hush money for the porn star still broke through that night. Quite a story today in the wall street journal. And i quote, trump lawyer a ranged 13
Donald trumps after keeping quieting court. He unleashes on the judge and prosecutor in his criminal trial. This is a key witness is about to take the stand, Andrew Weissmann is here and what to expect when Michael Cohen testifies. A new warning from Vice President Kamala Harris on the federal judiciary and the future of our fundamental rights. Grab your coffee and settle in. Welcome to the weekend. What can only be described as a bizarre rally in new jersey, donald trump had higher praise for Hannibal Lector and al capone than a one during to hold them accountable. In one petty attack him a workshop his newest nickname for the manhattan da alvin bragg. He accused judge Merchan Presiding over the case of being , quote, highly conflicted. The main target of his latest public tantrums . That was President Biden. Apologies if this blows your practice, but we feel its necessary to play this clip to see his gaslighting firsthand. Joe is weak. Only good at cheating on elections. Its not him.
Quarter as the company gets ready to launch the cyber truck and why elon musk and company should be watching very carefully what happens in detroit. What if the uaw tries to unionize tesla . Well discuss that next. Plus, the tenyear yield rising to new highs we havent seen back in 2007. How much higher can it go, and what will the impact be on equities . Today is the perfect day to discuss it because Rick Santelli is in the house. Looking forward to that. Lets get a check of the market, just off session lows. Really turned lower. Dow down half a percent right now. Similar for the s p. Nasdaq is up 19 points and the russell 2000 are the worst performer. Tyler mentioned the rising yields, especially hurting the utilities today of the one Place Investors go and its pressuring the business model. Its yeartodate drop is down to a 21 decline. Poster child seems to be nextera getting hammered losing a quarter of its value in a week. Theres nextera partners, both nep and nee are under pressure
No matter what happens in paris, they will continue to grow and hire. The warehouse of san joses solar is busy no matter whats happening in washington. Its an exciting time in solar. Reporter from solar panels to electric cars, green tech is growing fast here in silicon valley. One of the reasons so many Tech Companies want the u. S. To remain part of the paris climate agreement. There is a reason that 140 plus countries signed the paris accord. They know, as we should, that its good for our economy and its good for our environment, so its good for both our lives and our livelihoods. Reporter in fact, Tesla Ceo Elon musk told President Trump via tweet, hell leave president ial advisory panels if the u. S. Backs out of the paris agreement. Other companies, including apple, facebook, and google signed a fullpage letter to the president urging him to stay with the agreement. The paris accords matter globally to be sure, but they also matter right here at home. Reporter at home where he sa