it s a sign that the federal reserve s moves to raise interest rates to slow down inflation seems to be working, but analysts still think america s central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers, but it s also good news for us presidentjoe biden, who touted the administration s efforts to bring prices down. now, he is facing re election next year and being able to control inflation without pushing the economy into a recession will be key if he wants another four years in the white house. samira hussain there. let s bring in the milken institute s chief economist, william lee, whojoins us now from nevada. that s the ultimate question that all the central banks around the world are asking them selves. has the us peaked? lots of prices and inflation decreases have come out because supply chains have been restored around the world and consumers are able to get the stuff they want to buy. one of the
decision. first what the president just said, speaking live from the white house, i strongly, strongly disagree with the court s decision. he said the court walked away from decades of precedent and called this not a normal court. what was your reaction to what you just heard? my reaction is that actually the supreme court is finally bringing into alignment education law with employment law. for over 40 years the supreme court has been more conservative on employment law and has restricted use of race motivated by interests like diversity or equity or systemic racism or societal discrimination. so really, i find the court s opinion today really to just be reaffirming what the court has held in other areas the fact we should not use race as a justification for any decision-making. andrew, we got word from the justice department and the attorney general with a statement, the supreme court s decision undercuts efforts by universities across the country to create a diverse gr
respiratory symptoms. and jofficials are advising you to put your masks back on to protect you from the smoke. and derek van dam is joining us from the cnn weather whycenter. yesterday the fire alarms went off at school because of the smoke. how will it be today? you ve heard the term you wait a couple minutes and the weather changes. this was literally a 15 minute time lapse and you can see the smoke that inundated new york city, the skyscrapers just becoming a martian landscape. social media was lighting up. it was incredible to see but also very dangerous. and yet another day of the smoke and haze across many of the many populated areas of the east coast. and in new york we still have haze and smoke present, but it is not as bad as it was last night. majority of the thickest has drifted further south. so washington, philadelphia, baltimore, those areas will wake up to almost choking-like air and hazardous air really as this smoke continues to settle in. that stretches ac
From the midwest to new england. Temperatures stretching into the 90s. Giving tends of millions an early taste of summer. How will it impact your weekend . Al has the full forecast breaking overnight crisis averted the bill is passed. The Senate Gives Final approval to the debt limit deal after weeks of negotiation and anxieti. President biden is set to sign it and address the nation foe day. Well take you live to the white house. What were learning about that audio from donald trump talking about classified documents he kept after leaving the white house. Trumps reaction to the tape. All i know is this. Everything i did was right. And how it is playing on the president ial trail. Doing fine what the white house is saying after President Bidens fall on stage. At the air force academys graduation ceremony. Grapes of wrath. Brad pitt accusing his exwife of trying to intentionally damage his reputation after their battle over a winery intensifies. The latest in the star couples nearly dec
was with the agency for more than a decade has just been indicted in connection with his actions on january 6th. the accusation that his comments encouraged rioters to kill the police. that s next. plus, exclusive new footage of the moment in davenport, iowa, the building suddenly collapsing. what we now know about the three people officials say are likely still trapped in the rubble. also, off the ledge, with the u.s. no longer on the brink of an historic collapse, president biden and washington are breathing a whole lot easier today. we ll hear from the president in just a few hours as he prepares to sign the debt ceiling bill into law. our nbc news reporters are following all of the latest developments and we begin right here in washington just five hours away from president biden s speech with nbc news white house correspondent monica alba. monica, what s the goal tonight? reporter: i think for the president, chris, it s really to convey the severity of this issue,