the cap on the $2,000 cap on prescription drugs for seniors, gone. tax credits to lower energy bills, gone. corporate minimum tax, gone. president biden making a case why democrats should remain in power next year. we enter the final stretch of the campaign. meanwhile, the majority leader in the senate is caught on a hot mike giving a blunt assessment of several key races. and elon musk now owns twitter. let that sink in. the billionaire brings a meme to life and already showing top executives the door. good morning. welcome to way too early on this friday, october 28th. thank you for starting your day with us. joe biden is promoting efforts to bring more jobs and manufacturing across the country upstate new york. in syracuse yesterday, biden showcased a major investment by micro chip manufacturing company micron. touting the $100,000,000,002 decade commitment. the deal is set to bring 50,000 jobs to the state which will pay an average of $100,000 a year. the president
the black sea and tackling the globalfood crisis. if you have justjoined us you are welcome and we begin in the uk with a brace to replace borisjohnson as conservative party leader is gathering momentum. on wednesday evening the shortlist of eight came sex, as former foreign secretaryjeremy hunt and the current chancellor nadhim zahawi were eliminated from the first round. by the end of next week, the list will be narrowed down to two names which will then go to the party boat with 60,000 members around the country for a final decision. the former chancellor rishi sunak got the most votes from conservative mps, he has criticised other contenders for offering fairytales on tax, saying cutting taxes now would stoke inflation. it is saying cutting taxes now would stoke inflation. stoke inflation. it is not credible stoke inflation. it is not credible to stoke inflation. it is not credible to promise - stoke inflation. it is noti credible to promise lots stoke inflation. it
search warrant. just because trump says he wants the documents released, doesn t necessarily mean that is what his lawyers will tell a judge. trump had possession of these documents since monday. and has chosen not to release them. so this could very well develop throughout the day. also another potentially mammoth bit of reporting overnight from the washington post. i ll read from it right now. their lead is classified documents relating to nuclear weapons were among the items fbi agents sought on monday according to people familiar with the investigation. now, this would put the possible concern over these documents at an entirely different level. so let s work through all this new information this morning. cnn kaitlyn poe lants in washington. reporter: good morning. this late night announcement from donald trump saying he s encouraging the immediate release of these documents i just checked the court files. and there is no filing yet from either the justice departm
By an israeli airstrike. The Israeli Military has denied responsibility, saying the blast was caused by a failed rocket launched by the gaza based Militant Group Palestinian Islamic jihad. Us President Joe Biden is currently travelling to israel, but a planned Summit Injordan with arab leaders has now been cancelled. Biden s visit is designed to further demonstrate americas support for israel. The white house is saying the us is optimistic about getting humanitarian aid into gaza. On our website we have a live page that is constantly updating with the latest developments but now lets focus on the top Business Stories. Here in europe in a few hours we will be getting a clearer picture on where inflation is headed. For the uk and eurozone the latest data is out today and its hoped the cost of living crisis will continue to ease. In the uk the rate of inflation slowed to 6. 7 in the year to august. For the eurozone the latest estimate has inflation hovering around 4. 3 . For Central Banks
All Different Levels of the administrations in both countries to make sure that israel knows the United States has their back and we will continue to make sure they have what they need to defend themselves. Thank you for your time this morning. My pleasure. Thank you. And cnn this morning continues right now. This is cnn Breaking News. The war between israel and hamas is escalating this morning. Right now israel is Pummeling Fwauz with counter airstrikes. Israels Prime Minister Benjamin Netanyahu says this is just the beginning. Take a look at this. We are showing you new drone video of destruction inside of gaza city. We are told up to 150 hostages, including children and likely americans, are believed to be held right now in gaza after being kidnapped by hamas militants. Hamas is threat noing to kill them and televise it. Troops, tanks, Armored Vehicles are massing at the border. This is video a short time ago. The Israeli Military reported it found the bodies of around 1,500 hamas f