illegally. he was here in my county. five people died in my county, and that s where my heart is, in my heart is. we protect our people to the best of our ability. a texas sheriff reacting to the latest deadly mass shooting in america. this time it s five people shot in their home by their neighbor. we ll have the latest on the manhunt for the gunman. plus, former president donald trump is making headlines for hugging a woman who served time in prison for taking part in the capitol insurrection and who has also called for the execution of members of congress. and we ll have an update on the efforts to evacuate americans out of sudan, now more than two weeks since the deadly violence broke out in that country. good morning and welcome to way too early on this monday, may 1st. i m jonathan lemire. thanks for starting your day and week with us. we ll begin with breaking news. another american bank has failed. just this morning, financial regulators in california seize
that s what the market responded to. finishing up 260 points or may be right around that area. you know, but the federal reserve peels back the onions on this. and a look at core inflation, that s without food and energy prices and what we are seeing is that it s basically moving sideways on this. you can see for the past two months core inflation at 4.7% and this month at 4.6% year-over-year shows experts as sticking inflation more sticky than first thought by the federal reserve. and this is what people feel every day at the store, the latest fox news polling shows 70% of people rate the economy as poor and only fair. only 21% see it as excellent and good. abysmal numbers. paul, christopher from wells fargo says we are looking at in economic rocky road ahead. you have inflation still sticky that is going to keep cost of production higher, we just hire and at the same time spending last. this is going to hit revenue squeezing profits from both sides in the market is not ex
has dropped, this time focusing on how the social media company rigged the covid debate, but elon musk teasing more files to come, aisha hosni joins us tonight, good evening. speak a good evening to you, in a brief thread, they say both a trump by the white house directly press twitter to moderate covid content however they saw fit. and that the platform often times complied. today s newly released twitter files focused on the pandemic. and how the government tried to control the narrative. writer david says the trump white house came looking for help from the tech company is to combat misinformation about runs on grocery stores, but there were runs on grocery stores. also reveals that twitter monitored the trump white house sharing an email exchange where twitter s former deputy general counsel jim baker asked why a tweet from then president trump telling people not to be afraid of covid was not violating their covid misinformation policy. twitter s form of trust and safet
economic plan coming into full horrific view is this how quickly and comprehensively can we take a strong growing economy and pretty damn quickly can you imagine the council of economic advisers? we just had a massive supply shock because of the pandemic with pent-up demand because people were sent stimulus checks but could not spend them so public demand even further with more stimulus spending and make the supply shock even worse with new regulations and threats. and then to shut down pipelines with the whale and gas and then just a little that of transitory inflation. and then just to get americans back to work we import more people to do the jobs of much lower wages. and so this week they dig out the rotten stinking corpse of build back better and send it back to the agenda they haven t messed with supply and demand even enough they can spend more money helping rich people in silicon valley by a tesla. and then on the supply side to spend money on and just to make sure ho
economic plan coming into full horrific view is this how quickly and comprehensively can we take a strong growing economy and pretty damn quickly can you imagine the council of economic advisers? we just had a massive supply shock because of the pandemic with pent-up demand because people were sent stimulus checks but could not spend them so public demand even further with more stimulus spending and make the supply shock even worse with new regulations and threats. and then to shut down pipelines with the whale and gas and then just a little that of transitory inflation. and then just to get americans back to work we import more people to do the jobs of much lower wages. and so this week they dig out the rotten stinking corpse of build back better and send it back to the agenda they haven t messed with supply and demand even enough they can spend more money helping rich people in silicon valley by a tesla. and then on the supply side to spend money on and just to make sure ho