profits but the money is rolling in as it benefits from high interest rates. and qatar looks to cash in on the world cup to boost its economy we have a special report from doha. financial markets reacted calmly as it emerged that rishi sunak is set to be the uk s next prime minister. the pound is broadly unchanged against the dollar and government borrowing costs stayed lower after commons leader penny mordaunt dropped out of the leadership race. but the new prime minister inherits a daunting in tray with the cost of living crisis soaring energy prices and rising inflation. not to mention the war in ukraine and brokering a good relationship with europe. our business correspondent theo leggett has more. the news that rishi sunak is the new leader of the conserve the new leader of the conserve the party and will therefore become the next prime minister of the uk is something international investors seem to have taken in their stride. there has certainly been no return to th
marie presley. a look back at her life. another president, another special counsel. the white house facing a major investigation after more classified documents are found at president biden s home and office. the south is waking up to destruction this morning after tornadoes and storms hit several states. look at where i m standing. you can see the size of this box truck that was turned over. there s siding all around the area that s been blown off from roofs across the area, and of course as we ve been able to go through this area this morning, it s still dark, you can see the destruction that s been left behind. cnn s ryan young in selma where a tornado traveled over 50 miles and at least seven people have been killed. a haunting revelation in the disappearance of ana walshe, telling police that her husband threatened to kill her, as cnn traces the key locations in the search. and vladimir putin publicly berating one of his officials for acting too slow on warpl
Get away from the glass [background sounds] neil how would you like to be in the middle of all of that . Fox on top of texas after a destructive and deadly storm touch down. Thiess seven confirmed dead in the houston area after wind gusts reached more than 100 mileperhour. Hundreds of thousands still without power, and were tracking the legal storms as well from the fixation over Donald Trumps new york Hush Money Trial to the folk on Hunter Bidens two upcoming trials. Will any of it matter to voters in november . And then the storm over my, shall we say, chat with the white house economic adviser Jared Bernstein after President Biden continues to say inflation was 9 percent when he took office. The facts see otherwise, it got nasty, and youll get to see for yourself. Neil good morning, everybody. Happy to have you, im neil cavuto. Lets get right to it with the latest in houston and the fallout from a storm that ended up being a lot worse than earlier thought. Lets get the latest from f
Trumps buildings. Michael cohen, yes. And you have resolved that. Yes, sir. You were working with President Trumps son among other people. Yes. Blanche, there was construction going on at an apartment you had purchased for 5 million and that apartment was your primary residence for many years and you still live in that building with trumps name on it . Cohen, i do. Property in trump hotel that you rent out for 15,000 a month. Yes. Family members in trumps buildings. Michael cohen says in laws, parents. In 2000, we bought a block. Todd blanche, you first helped President Trump and his family resolve the board was trying to remove the trump name from the building. Yes, sir. Your practice at the time was an international banking, highend net worth protection. Letter of credit transactions. Yes, sir. And you were more in litigation or corporate. More corporate. Again, they continue on in this about the early 2000s, he saw himself as a bit of a deal maker. He started working then on other l
Of this has just been one where there have been more vacuums created than information to fill those vacuums. Whether thats how the Democratic Party from the political arm sort of does the political narrative. Its because the republicans have been very good and very consistent about that, right . So they have made, they have stood by and defended their guy regardless and now theyve got the message they all need to show up. So what are they doing . Showing up. How are we reporting that . As if this is something oh, very important, transfixed, transactional certainly, but a transition for donald trump. No. Its part of the political narrative. Its part of the fact that yeah, were trying to create a different image here than the one of the man sitting in the courtroom by himself because his familys not there. So were going to give him his political family. And theyre all starting to line up. So all im just saying is how all this comes together does matter in how the voters in may are lookin