right now with connell mcshane. the consumer is really feeling it. not in a good way. in a perfect world, americans would have slowly built confidence back post pandemic. there s now the new signs where actually that we re going back in time instead of moving forward. look at this chart. today s reading on consumer confidence, the lowest since february of last year. mostly because people continue to say their present situation, how they are right now, is getting worse, thanks in large part to inflation. too much of a hassle. we have two kids, both work. drive to a different supermarket, go somewhere else or look for savings. we re biting the bullet. everything is more expensive. supplies for him. i spend a lot of money on blackberries and cherries. so i m cutting back on my fancy fruits. for those worried about recession, walmart s profit forecast didn t help. gigantic retailer that is the largest private employer in the country cut its outlook. saying consumers are
peddled false claims of fraud even though he was told by his closest aides repeatedly, mr. president, you lost the election. daniela diaz is live on capitol hill daniela, do we know what bill steppian expects to say? reporter: we do not. he is testifying under subpoena. super notable he is appearing before the committee, and the second hearing that will take place later today starts at 10:00 a.m. we do also know was liz cheney said at the first primetime hearing that took place last week that this hearing will revolve around trump s effort to convince huge portions of the u.s. population that fraud had stolen the election from him despite the fact that numerous aides told him he lost the election. aides also told us that this hearing would show how trump s team pursued legal challenges in court and lost those cases and that trump chose to ignore the will of the courts and continued to try to overturn the election anyway. we are also planning to hear from chris stirewalt. he
Visiting his grandmother. But first on monday, its down to business. Trade tensions between china and the west are running high particularly over the effect that chinas production of Electric Vehicles has on the international market. Tesla, for example, is already struggling to compete with big chinese players such as byd. Later the European Commission president , ursula von der leyen, will take part in talks to resolve frictions over this particularly over chinese subsidies. The eu wants to fight the corner of european manufacturers hoping to sell their cars both to european consumers and globally. And, of course, theres irritation about chinas perceived toleration of russia since its full scale invasion of ukraine over two years ago. President macron will voice european concerns about that but those words theyre not likely to upend the current world order. Mr xi faces an uphill task in Unwinding Measures against china. Thats according to zsuzsa anna ferenczy, shes an Assistant Profes
Business. Trade etensions between china add the west are running high particularly over the effect that chinas production of Electric Vehicles has on the international market. Tesla, for example, is already struggling to compete with big chinese players such as byd. Later the European Commission president , ursula von der leyen, will take part in talks to resolve frictions over this particularly over chinese subsidies. The eu wants to fight the corner of european manufacturers hoping to sell their cars both to european consumers and globally. And, of course, theres irritation about chinas perceived tollration of russia since its full scale invasion of ukraine over two year guise. Plate macron will voice european concerns about that but those words theyre not likely to upend the current world order. Xi faces australian uphill task. Thats according to the assistant professor ferenczy in the university of taipei. I dont think the effectiveness will be likely, i dont think that this will s
congress committed to outrageous tax cuts for the very top. i have a different view. one of ways we pay for all those investments and we paid for them and by the way i cut the federal deficit by over $7 billion. that was president joe biden yesterday in colorado pushing his message on the economy, jobs, and the contrast between his administration and the former president. we ll have more of biden s comments including the word that s been missing from his recent speeches. also ahead, the latest on the temporary truce in gaza. israel and hamas agreed to extend it one more day, but there are signs that those talks are becoming more contentious. plus, we ll take a look at the life of former secretary of state henry kissinger, who passed away yesterday at the age of 100. 100 good morning and welcome to way too early on this thursday, november 30th. i m jonathan lemire. thanks for starting your day with us. new this morning breaking news. israel and hamas have agreed to e