Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
it is a done deal, billionaire elon musk completing his $44 billion takeover of twitter. i m brianna keilar with alex marquardt this morning. good morning. good morning. john berman is off. and according to sources, musk immediately fired twitter s ceo, the chief financial officer and the company s top lawyer. musk first agreed to buy the company in april, then he spent months trying to get out of the deal, which was finalized just before today s deadline. musk attempted to reassure advertisers, posting an open letter on twitter why he bought the platform, saying, quote, there is currently great danger that social media will fracture into far right and far left wings that will splinter our society and overnight he tweeted the bird is free. reporter: there is a lot of uncertainty at twitter. employees aren t sure what to expect after musk came in, took control and fired the top executives. unclear who the top team is, maybe employees will learn more at an all-hands mee
this morning the wnba star brittney griner is in a moscow court for her first trial hearing, this after russian authorities accused her of smuggling drugs into the country. griner has already spent the last 130 days in a russian jail. officials have now extended her detention for six months pending the outcome of this trial. we should note the state department has said griner has been, quote, wrongfully detained. last night, cnn s abby phillip sat down with griner s wife for an exclusive interview. you ll hear part of that conversation in just a moment. back at home, though, new developments in the january 6th investigation. sources tell cnn that someone tried to influence the testimony of cassidy hutchinson, the former trump white house aide who shared damning details about what the former president was doing as the capitol attack unfolded. we ll have much more on that just ahead. we begin, though, this morning, in moscow. cnn s senior international correspondent frederik
good to be with you. i m ayman mohyeldin in new york. thursday s hearings of the january six committee was basically the mike pence show, revolve around the pressure campaign by donald trump s allies to get the vice president to use his constitutional, ceremonial role, on january the 6th, to change joe biden s electoral votes, or set them aside for donald trump. the panel may know about painting pence as a man of courage, who stood up against trump s plan. we are fortunate for mr. pence s courage on january 6th. our democracy came dangerously close to catastrophe. that courage put him in tremendous danger. when mike pence made it clear that he wouldn t give into donald trump s scheme, donald trump turned a mob on him. thanks in part to mike pence, our democracy was stood on trump s scheme and the balance of january 6th. all right. the committee wasn t alone. in fact, an article in the atlantic last week hailed pence as a national hero for turning back the threat t
8.6%. americans, you, we, are feeling this nearly everywhere, nearly everything is more expensive, including the cost of gas which remains at historic highs. the biden administration taking new steps to lower those gas prices. this morning presidentiesident calling on energy companies to do more. also this morning, the january 6th committee is teasing ahead to its next hearing, tomorrow, they released a portion of a taped deposition with a former white house lawyer. now the committee is saying that thursday s hearing will focus on president trump s effort to pressure then vice president mike pence to block the certification of the election. we will have much more on that, in just a moment. let s begin this morning with cnn white house correspondent arlette saenz. arlette, president biden is making strong demands from oil companies, this morning, as he tries to do something about the soaring gas prices. reporter: yeah, president biden is trying to ramp up the pressure on