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john: dow down 807 points at this moment. unfortunately, few people surprised by the new inflation data, confirming the pain at the pump and sticker shock. hello, john roberts in washington and happy friday to you. and happy friday to you as well, john. good to see you. anita vogel in for sandra smith. prices soared 8.6% from a year ago, highest in four decades as rent, energy and grocery prices continue to surge. another record high for gasoline prices as the national average edges ever so closer to $5 a gallon. anita: fox team coverage starts right now. karl rove on president biden s response to the economic crisis and a closer look at how much americans are paying at stores. john: but first, jacqui heinrich is travelling with the president live in los angeles. what is the white house saying they are going to do about inflation, jacqui? we have not heard from the president yet, he s going to speak later about supply chains but the chair of economic adviser ....
protesters pelted the delegation with eggs and tomatoes saying its members were too close to president bashar al assad. dissidents also say syrian forces killed 25 people across syria on wednesday. news corp. executive is preparing for his second appearance between british mps today. they suspect he misled them when testifying with his father, rupert, in july. police officials say 4,000 people may have had their phones hacked. those are the top stories from cnn, the world s news leader. i m monita rajpal. world business today starts right now. we are in one of those defining moments where we either unite or face irrelevant convenience. europe at the cross roads. t good morning from cnn london, i m nina dos santos. you re watching world business today. every time we think that we ve reached the pits of the european debt debacle it seems as though another event serves to remind us there s no quick fix here for the moment. the markets continue to take yet ano ....