and even more so, about the 77 minutes of inaction that the video shows. plus, in some big cities there will no longer be a starbucks on every corner. the coffee giant is closing several locations but not because of slow sales. is this about working safety or is it about unionization? welcome to the lead. i m jake tapper. we start today with our money lead and horrible news for your wallet. new data today released by the biden administration shows inflation surging to 9.1%. that is the highest level in more than 40 years and it means the prices we pay over all are 9.1% higher than at this time last year. so unless you have benefitted from an unlikely 10% raise since then, you now have less money in your pocket than you did a year ago. much of the increase is driven by gas prices, which we should note have fallen in recent weeks, but they remain insanely high, up nearly 60% in this report, and the increases are felt across a range of categories, prices on groceries are u
argues the data does not reflect a recent decrease in gasoline. prices for regular unleaded had fallen about 40% 40 cents rather over the past 30 days or so but still remain about a buck 50 higher than this time last year. our coverage begins tonight at the federal reserve where rich edson tells us what to expect next. big question there, rich. good evening. good evening, bill, officials here at the federal reserve are trying to bring these price increases under control despite that inflation is on that toward praise throughout the economy. latest report shows that americans are now paying substantially more than they were last summer for the same goods and services. it s worst than economists and investors expected. prices were up 9.1% in june compared to the same month last year. today s numbers notching another 40 year high. the labor department s monthly consumer price index shows food up 10.5% from last year. energy increased more than 40%. gas almost 60%. and hous
with a man who lost his ten-year-old. i just want what s best for my kids. one s not ever going to turn eleven. reporter: catastrophic flash flooding hit southwest virginia, dozens reported missing and more than 100 homes have been destroyed. we ll have the latest. president biden visits the middle east. as the president arrives in israel today, how dealing with a nuclear iran is at the top of the agenda. shark attack, this long island beach shut down the second time this month, how a surfer fought the tiger shark off. and history at the capitol honoring a civil rights leader as she becomes the first black american in national statuary hall. this is the cbs evening news with norah o donnell, reporting from the nation s capital. o donnell: good evening and thank you for joining us on this busy wednesday night. we begin tonight with another staggering report on inflation as prices are rising at the fastest pace in 41 years. the consumer price index for jun
pottinger and former deputy press secretary sarah matthews t. two were inside the white house on january 6th 20, 21, were among the most high-profile officials to resign in protest in the aftermath of that attack. the new york times is reporting this about their role. mr. pottinger and ms. matthews are expected to help narrate what was unfolding in the west wing during those 187 minutes in a hearing that the committee sees as a capstone to a series of public sessions in which it laid out in detail trump s efforts to remain in office despite his defeat and how they led to the storming of the capitol. ms. matthews is expected to, among other things, speak to the efforts to get mr. trump to issue a statement. people familiar with the planning said by having them testify, the committee is sticking to what is now a tried and true practice of having trump insiders tell us the story of january 6th and explain the ex-president s push to overturn the 2020 election. with help from al
dangerous conditions while parts of europe setting scorching new records. in london where we are bracing for a record heat wave. on monday and tuesday, it is expected to be hotter here than in jamaica. > vicome. the number of cases in the u.s. surging once again. she had a true belief that she was equal to everyone else. and later, the extraordinary woman who is still breaking barriers, standing tall amid american giants. announcer: this is the cbs weekend news from new york with jericka duncan. good evening, everyone. jericka is off tonight. i m errol barnett. thanks for joining us this sunday. a newly released report reveals details about how a lone gunman was able to kill 21 people, mostly children, after walking into a texas elementary school almost two months ago. the extensive document chronicles leadership failures across multiple agencies, poor decision-making amid the chaos and the history of ignoring early clues about the troubled gunman. we re in uvalde