correspondence sent this report. the december note on the us central banks asked meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak of the cycle. they also agree it will come down this year. they offered no clues as to how or when that will happen. to remind viewers come at the federal reserve started raising rates in march 2022 to tame inflation. it is so 11 times, taking the benchmark rate to 5.5%. inflation by the time of the last meeting had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number of job openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first ratesetting meeting this year starting january 30. that disappointment is reflected in how us stoc
are the closest estimation to its sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds, including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices, which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars and hybrid vehicles. e
good morning. welcome to morning joe. it is tuesday, may 16th. ahead this hour, the latest developments from ukraine following new russian missile attacks overnight. the strikes come as the ukrainian president is touring europe, looking to restock his army s arsenal. plus, the durham report was supposed to vindicate donald trump of his alleged ties to russia, but now that it s finally out after four years, there s not much in it that we didn t already know. we re going to go through the findings just ahead. we ll also have an update on the debt ceiling talks ahead of a high-stakes meeting at the white house. also today, just ahead now, arnold schwarzenegger joins us live from austria, where some of the world s top climate activists and leaders are meeting right now. along with joe, willie and me, we have the host of way too early, white house bureau chief at politico, jonathan lemire. special correspondent for bbc news, katty kay is with us. and columnist and asso
flattened. hundreds of thousands are without power and our derek van damme standing by in the hard hit town in arkansas, with the latest former president trump will appear in court tuesday after being indicted by a manhattan grand jury. what we know about the charges he s facing and how we expect that court appearance to play out there s some much needed good news when it comes to the economy. the trends that show inflation may be moving in the right direction. undefeated season comes to an end and one team mounts an epic comeback haywire, standing by live in houston with the highlights. we re starting, though, with the severe weather ripping through the middle part of the country. this was the scene across seven states friday afternoon. at least five people are dead. dozens more injured, there were over 50 sightings of tornadoes, including 22 in illinois, 12 in arkansas, eight in iowa and illinois. 200 people were inside the apollo theater in belvedere when the roof collapse
new details about the air international guardsman who leaked classified documents and an arsenal of weapons and also devices to cover his tracks, and we could learn more in a court appearance just a short time away. and more republican-led states are making moves against access care. and long time television host jerry springer has died. he hosted the show for 30 years and also the former mayor of cincinnati. all of these headlines and much more on cnn news central. very shortly, there will be a detention hearing for the pentagon documents leaker jack teixeira, a man that prosecutors are calling a flight risk to ongoing national security. a federal judge is going to decide whether he is going to stay in jail while he awaits trial. and now, prosecutors are going to see if they are exaggerating national security while overnight, he made a deliberate effort to disseminate this country s secrets. he also made comments about violence and murder and spoke about wanting to kil