vladimir putin by flying two drones toward the kremlin. kyiv is adenying any attempts on putin s life, accusing moscow of a, quote, trick. the u.s. is treating russia s claim way great deal of skepticism right now. so what are the facts? what does this mean for the war? plus a major decision just minutes from now. will the fed raise interest rates again despite bank failures and the impact on consumer loan rates? what this all means for your wallet. and a major development in the fight against alzheimer s. the new trial that offers hope for people in the early stages of this disease. drugmaker eli lilly says it will file for approval soon. we are following these major developing stories and many more, all coming in right here to cnn news central. we begin this hour with breaking news. atlanta police say that multiple people have been injured in an active shooter situation in midtown atlanta. we want to get straight to cnn s nick valencia who joins us now live. nick, bri
time here. here s the good news. we re six months through this. here s the bad news. get ready for six months more of this? welcome, everybody. i m neil cavuto. we begin with lauren simonetti on what happens and what could be coming next. hi, lauren. neil, let me take you back to january 4, 2022. that was the high of the year. dow 36,799. just a few days later, the blue chip average fell over 1,000. that is ringing true this year also.so the day russia invaded ukraine, february 24, the dow went to 33,223. the seventh official correction mark ago 10% decline from that january high. investors paused. spring didn t seem so bad. the war did. commodity costs, they climbed even higher. the federal reserve started to take more drastic action. they raised the rate 50 basis points may 4, a steep sell-off on wall street right after that. so investors started to think, oh, 50 basis points. maybe that s not enough when consumer prices surged 8.6%. we found that out june 10th. inflation
Hi, everyone, welcome to monday. The people of the great state of Nuclear Reactor versus donald j. Trump is entering a new chapter. The prosecution rested and team trump has started its defense. On the stand right now, attorney Robert Costello who according to Michael Cohen formed a back channel to donald trump himself in the year 2018. Thats when Michael Cohen was the target of a federal Criminal Investigation. Costello claiming that Michael Cohen told him trump did not know about the Hush Money Payments to Stormy Daniels. Cohen has testified on direct that he was still in protect trump mode at the time. That he didnt tell costello. The prosecution rested its case, though, just in the last hour after methodically brick by brick restating the elements of their criminal case against the expresident. They sought to clean up some of the damage done by Trump Defense attorney todd blanche with an assist from their star witness, trumps exattorney, Michael Cohen. Prosecutor Susan Hoffinger br
outside the courthouse but, yesterday, the biden campaign held the surprise event there. i don t understand that. we will tell you who was there and dig into that campaign strategy. also ahead, the latest from gaza where israeli forces are moving into the city of rafah. it comes days after an israeli air strike ignited a deadly fire at a camp for displaced palestinians. let s dive in to our top story. after 21 days of heated testimony, the defense and the prosecution delivered closing arguments yesterday in donald trump s criminal hush money trial. nbc news laura jarrett has a recap. the first trial of an american president soon in the hands of seven men and five women. prosecutors closing their case arguing former president trump orchestrated a criminal conspiracy to influence the 2016 election to pull the wool over voter s eyes, they say, by ordering the payoff of stormy daniels and covering it all up. they tried to establish a pattern of mr. trump damaging stories
thing is made, its position is very clear on what s going on. i mean, i think that john kirby yesterday some pretty strong comments about bbs comments back to us. so i just i mean, i think that the president is probably preparing for a debate and deal with it. all right, thanks to to our panel. thank you for joining us. i m one of the rod you join me for inside politics sunday at 8:00 a.m. and 11:00 a.m. eastern lead here on cnn and cnn news central starts donald trump getting up billionaires, boost the numbers behind his huge fundraising haul over president biden as they prepare to face off for a historic debate in less than a week. but you re on cnn summer, is officially kicked off. you can definitely feel it a dangerous heatwave taking over the northeast and midwest with temperature set to store in to the hundreds. this weekend and are you you ready for an ai takeover? america s big companies are ramping up their use of artificial intelligence to do jobs once exclu