charles. let me start with this stat. even with the small gain that you re seeing on the dow, it s the first eight-week losing streak for the dow jones industrial average in 90 years. since 1932. you re correct as wells that the s&p 500 did touch the bear market territory. that was significant. bear market territory is when the index is down 20% from its highs. the selling on wall street continues as investors are worried about inflation, the consumer and a recession. the concern of course is that the fed can t tamp this inflation down quickly enough and that the consumer will just have to go without nonessentials to pay for essentials. that means that the economy will eventually take a big hit. if that doesn t do it, the flip side is that rate hikes, they re coming and they will put us into a recession as well so many investors, analysts and company ceos are pointing the finger at bidenomics, excessive spending, regulation and money printing as the causes of what put this co
Hello, and welcome to todays verified life. A tense stand off has developed outside the parliament in the georgian capital of tbilisi after mps approved a controversial goal which would force Civil Society groups and Media Organisations to declare foreign funding. Scuffles broke out in the chamber, while outside the protesters tried to break through barriers. Security forces for slumber, hundreds of most rioters converged on parliament from several directions in an attempt to her to the protesters. They were met with anti russian champs, critics say the new law is modelled on a russian one designed to stifle democracy. They were met with anti russian chants. These are the live pictures from tbilisi, we have cameras in several different parts of the capital around the parliament. The president has said she will veto the legislation but the Prime Ministers Georgian Dream party has sufficient support to force the new law through. Many of the protesters are young, they say the future of ge
This comes just hours before finding was set to expire, which would have affected millions of americans and their families. Theres lots to get to this hour. Lets bring in nbc news capitol hill correspondent ali vitali, and National Reporter sahill kapoor. And we actually heard Michael Bennett speak on the senate floor. What did he have to say . Thats exactly right. Because you will remember that just a few hours ago, we wondered if senator Michael Bennet of colorado would be the one to hold this whole thing up. And certainly, he did provide a hold for about an hour or so, over the idea that no ukraine funding was included in this continuing resolution. Bennett certainly not the only one who was upset to find that that money was not included here. But what he was able to do, by putting this temporary hold on, was extract from leadership, and both the democratic and republican sides, a statement which is sure there would be a future push on ukraine funding in the form of a supplemental.
Passed a Stopgap Funding Bill that would temporarily keep the government open for 45 days, if signed by president biden. This comes just hours before finding was set to expire, which would have affected millions of americans and their families. Theres lots to get to this hour. Lets bring in nbc news capitol hill correspondent ali vitali, and National Reporter sahill kapoor. And we actually heard Michael Bennett speak on the senate floor. What did he have to say . Thats exactly right. Because you will remember that just a few hours ago, we wondered if senator Michael Bennet of colorado would be the one to hold this whole thing up. And certainly, he did provide a hold for about an hour or so, over the idea that no ukraine funding was included in this continuing resolution. Bennett certainly not the only one who was upset to find that that money was not included here. But what he was able to do, by putting this temporary hold on, was extract from leadership, and both the democratic and re
the israeli army just announcing it s killed a hamas commander who, quote, directed of the october 7th attacks on israel. the idf says his elimination significantly harms hamas efforts to disrupt israel s ground operation. it comes as israeli ground forces pushed deeper into gaza, advancing both tanks and other armored vehicles. the idf also rescued one of its own, a female soldier who had been held hostage since hamas stormed israel on october 7th. prime minister benjamin netanyahu once again rejecting growing calls for a cease fire. the united states would not agree to a cease fire after bombing of pearl harbor or after the terrorist attack of 9/11. israel will not agree to a cessation hostilities with hamas after the horrific attacks of october seventh. the u.s. government also voicing opposition to a cease fire, saying it would benefit hamas. but with the war now in its fourth week, american officials are pushing to get more much needed aid into gaza. the more than 2