why the coffee giant is closing stores in several major cities and it s not about sales. and the trailblazing woman making nfl history announcer: this is nbc nightly news with lester holt good evening, everyone the government is putting another dismal number to what our family budgets are already telling us prices are still going up the rate of inflation in june ballooned to 9.1% over the same month last year. the highest peak since 1981 the cost of virtually everything up, from gas, up 60%, to groceries, up 12.2%. to the roofs over our heads climbing 5.5% last month president biden calling the numbers unacceptably high but also out of date, noting they do not fully reflect recent declines in gas prices still, it spells a gut check moment for the fed as it weighs more interest rate hikes, sure to hit home for american borrowers and potentially tipping the economy into a recession. tom costello has our report reporter: for anyone struggling with daily expenses, espec
economy into a recession which is what we don t want. the gang is here. good morning. dana: good to be here i m dana perino and this is america s newsroom. all that economic news coming this week with the administration, they re swirling as well as the news. they re swirling and spinning. the central back is expected to announce a rate hike again today. it would be the fourth one in five months that will pour cold water on an economy already slowing down. bill: the feds trying to pull us back from the brink of record inflation as the white house tries to redefine the r word. president s economic advisors are saying there won t be a recession. are you sure? let me just say this. we look at a range of data. we assess that data and we lay it out for ourselves and for the president. dana: team fox coverage. connell mcshane is with analysis but let s begin with jacqui heinrich from the north lawn. good morning. as you mentioned the fed is expected to raise rates toda
brought down a presidency 50 years ago today. announcer: this is nbc nightly news with lester holt. good evening the fate of two missing american military veterans, volunteers in ukraine s fight against russia, may be coming into focus tonight. video said to show alexander drueke and andy huynh, appearin on russian television this evening the men apparently captured by russian troops we are showing still frames of the video that appears to show both men alive a third american remains unaccounted for. they are among an unknown number of u.s. citizens that traveled on their own to fight on behalf of ukraine, prompting a renewed warning against such travel from president biden today. notably the captured americans were not mentioned by a defiant president vladimir putin today in a speech in the russian city of st. petersburg keir simmons is there tonight, and thus, we remind you russia is cracking down on the media, limiting what reporters can say under threat of imprisonm
about the elderly alleged gunman. the medical debt crisis in america. more than 100 million americans are affected. what you can do to protect yourself. two men arrested after allegedly harassing a black teen and destroying the car he was driving. tonight, the new video. watergate 50 years later. cbs news looks back on the scandal that led to the downfall of a president. and on the road at a high school graduation that included cheers, diplomas, and plenty of tears. this is the cbs evening news with norah o donnell, reporting from the nation s capital. o donnell: good evening to and thank you for joining us on this friday night. as we come on the air tonight, the state department is scrambling for information on three americans who have gone missing in the war in ukraine. their families are anxiously awaiting any news. all three served in the u.s. military and traveled into the war zone to help the ukrainians fight the russians. well, today, russian media showed vide
about the elderly alleged gunman. the medical debt crisis in america. more than 100 million americans are affected. what you can do to protect yourself. two men arrested after allegedly harassing a black teen and destroying the car he was driving. tonight, the new video. watergate 50 years later. cbs news looks back on the scandal that led to the downfall of a president. and on the road at a high school graduation that included cheers, diplomas, and plenty of tears. 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 friday night. as we come on the air tonight, the state department is scrambling for information on three americans who have gone missing in the war in ukraine. their families are anxiously awaiting any news. all three served in the u.s. military and traveled into the war zone to help the ukrainians fight the russians. well, today, russian media showed video o