arriving at a swiss court earlier. the former fifa president denying wrongdoing ahead of the verdict in his trialforfraud. i am not innocent in life, but in this case i will survive. also in court, the man once favourite to succeed blatter, co defendant and former uefa president michel platini. the two men were accused of an unlawful payment of £1.6 million between fifa and platini in 2011. they said it was backdated pay for advisory work. that the former french footballing legend had done a decade earlier. a panel ofjudges today ruling the pair s account of a gentleman s agreement was credible and that doubts existed about the prosecution s claim it was a bribe linked to a blatter re election bid. both men acquitted. it sjustice, but it s a victory for me, definitely. in the case of myjob, my work, 44 years working in fifa. for me, it s so important. it s so important that this case has been settled on the highest swiss level. the payment had emerged amid the corruption sca
as a young boy features on the front page of the mail. the paper says mps who resigned earlier in the week from the government are facing a backlash from colleagues and voters in the so called red wall . the telegraph leads with a warning from rishi sunak that tax cuts must wait , with the paper calling him the serious candidate . the ft says the former chancellor is among those being accused of treachery by fellow tories after events of the past few days. don t listen to fairytales is the headline in the times a soundbite from rishi sunak s campaign video released this evening. the mirror leads with a tribute to the older brother of tv star declan donnelly, who has died aged 55. and the same story leads the sun with the headline my darling brother has gone . let sjump let s jump straight in. let sjump straight in. martin, do you want to kick us off this time, if we take a look at the front of the guardian? let battle begin. how much do you think that is loaded lang
. o er the ramparts we watched were so ball lantly streaming and the rocket s red glare, the bombs bursting in air, gave proof through the night that our flag was still there o say does that star-spangled banner yet wave? o er the land of the free and the home of the brave . rachel: good morning, america and happy independence weekend to all of you you. it is 6:00 a.m. here in west point, new york, where we re having fox & friends all weaken long. good morning will, good morning pete. pete: it good morning. beautiful day for pt. cadets are up and at em. no rest for the weary, for them and us. rachel: you have bad memories of pt? pete: i have fond memories in retrospect. you never want to get up that early and work out if you don t have to. rachel: are you morning workout person? will: i am not a morning workout person. pete: part of the pt test. liveselves on both sides. intense. will: keep sending your photos to us on independence day weekend. friend at foxne
alone. and they re expected to rise even further as we reach peak summer travel season. the high prices also driving inflation to the highest level since 1981. the consumer price index jumping 8.6% in may compared to the same time, same month last year. now the white house calling that staggering increase uncomfortably high. cnn s christine romans has more now on these troubling new numbers and how wall street is reacting. american consumers are still feeling the pain of higher prices for just about everything, but especially at the pump. look, the may consumer price index, that number up 8.6% from the year before. the fastest since 1981. and when you look at just the month, prices rose 1% from april to may, 1%, that s a big move in one month. core cpi, which they strip out food and energy which can be more volatile, that rose 6% from last year. prices across the board more expensive than last year. largely driven by shelter, the biggest yearly gain there since 1991. food u
victory. live from cnn center, this is cnn newsroom with john vause. a dismal day for wall street as the roller coaster ride on the u.s. stock market continues. the dow tumbled more than 700 points in its worst trading day since june of 2020. nasdaq lost nearly 4.8%. [ applause ] the sell-off began after target reported a 52% drop in profit for the first quarter, a day after walmart stock posted its worst day since 1987. markets in asia are also in the red this hour. live for us this hour in hong kong following the latest. after this, what are the marketing like in asia? yeah. asian markets are feeling that downward pressure after u.s. stocks, they posted the worst single day decline in two years. investors apparently spooked by two things. they re spooked by inflation fears. and they re also being spooked by weak earnings. target is the latest big box retailer to inject fear into the market. it posted that stunning first quarter profit decline of about 52%. it blam