have two big hours coming your way. first primary in the road to the white house now underway. polls are open in new hampshire where a potential curveball from supporters of president biden loom. it s a bit of drama on that side and see how it shakes down. it s tuesday morning and good morning, everybody. bill hemmer, how are you doing? dana: great, how are you? i love the band at 5:00 a.m. and my friend, johnny, who has his roof up above there. he is loving the band. he loves it so much. i m dana perino and this is america s newsroom. great to be here. at this hour voters are making voices heard. former president trump is looking for a decisive blow following his win in the iowa caucuses last week. bill: standing in his way is nikki haley. she received all six votes from the small town of dicksville, notch. it votes at midnight. she is at a high school with governor sununu and they re trying to pull a big upset here today. i m not going anywhere. what i will tell you
we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years accordi
this whole thing has been one of the great blessings of my life. and back in belfast a standing ovation for an emotional bill clinton 25 years after he helped negotiate the good friday agreement. and coming up on bbc news: a champions league semifinal is within reach of manchester city. they beat bayern munich first time around, can they do the same again in germany later? good evening. the cost of living rose more than expected last month thanks largely to the soaring price of food. inflation, that s the rate at which prices are increasing, was 10.1% in march. down from 10.4% in february. but analysts had expected it drop more than that. the rising cost of food and drink takes a lot of the blame it has gone up by almost 20% in a year. our cost of living correspondent colletta smith reports. here come the sausages. it s hot dinner day in this little community kitchen in halifax. started off with about ten potions. in eight weeks it s grown to almost 150 portions. demand
he scores! and, manchester city sail past bayern munich to reach the semi finals of the champions league. and coming up on bbc news, kyren wilson scores the first 147 break of this years world snooker championship in sheffield. but is it enough for a place in round two? good evening. the unrelenting pressure on household budgets has been demonstrated by the latest inflation figures, which showed a very sharp rise in the cost of food and soft drinks, pushing the cost of living even higher. inflation remained in double digits last month, falling only slightly to 10.1% in march. that s down from 10.4% in february, but experts had predicted a biggerfall. more expensive bread, cereals and chocolate caused the overall average price of food and non alcoholic drinks to increase by a rather hefty 19% in the year to march the fastest annual rate for nearly half a century. economists say it s now far more likely that the bank of england will raise its base interest rate next month, a
out there and we have said multiple times to making sure that he s talking directly to the american people about how we are delivering on our promises, delivering on how we re really taking inflation seriously. this past weekend, he did it hit the road with this message. watch. our economy is strong as hell. inflation is worldwide. worse off everywhere else than it is in the united states. let s bring in stephen moore, former senior economic adviser to president trump and robert wolf, former economic adviser to president obama, founder and ceo of 32 advisers and a fox news contributor. we had five minutes but we had to do the title so now we have 3 1/2. thanks for coming on. steve, to you first. you and e.j. wrote this in the new york post. average american is losing 34 k and everything else on biden s work. the average 401(k) hit over 35,000 at the start of the year. the assets have shrunk. the average plan down about $34,000. 24% in less than one year. in you put in