awhile. great to have you. stocks have been rejoicing. more on that in a second. now on something that is happening that would make you wonder why are they rejoicing? edward lawrence with more. we end a week with more bad economic data for this administration. now, the fed s favorite inflation indicator, if you see inflation, is now at the highest level since january of 1982. in fact, the hit song at that time was let s get physical by olivia newton john. pc inflation year over year after 6.86. core, which is without food and energy costs 4.8% year over year. when you look at this month compared to last month, the increase at 1%. that s the highest increase since march of 1980. now it s a lot of numbers but you get the idea here. republicans will remind you that all of this is because of president biden s policies. they re doubling and tripling down on failure at a time when we may be in recession, at a time when the american people are hurting in so many different ways
give us a picture of what we might have come november. i m bill hemmer. dana: i m dana perino and this is america s newsroom. there is a lot to talk about. bill: every tuesday this summer we ve been doing this. dana: you have an update for everyone. the races in florida and new york are drawing intrigue. drama is new york 12th district to force nadler and maloney into a fight for their political lives and trying to unseat them is patel. there is a special election for an open seat in congress in upstate new york. it could be a bellwether for november. the democrat campaigning hard on abortion rights. dana: in florida we re waiting to see who will emerge as the democratic challenger to governor ron desantis. charlie crist and nicki freed are vying for that nomination. the republican governor sounding confident this morning. we have people that want to visit, have moved here. lower unemployment rate now than prior to covid. you continue to see us adding jobs in sp
Heavy flooding displaces thousands in China while the capital experiences a break from sweltering heat. Extreme temperatures and severe damages reported.
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