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Fed chair jerome powell called the economy strong and sees further interest rate hikes moving forward. ceo elon musk abandoned the private plans for tesla. the best plan is to remain public. the change of heart came after talking to investors and realizing going private would be harder than he originally thought. musk stunned investors when he announced plans for buyout of $420 a share. that triggered a jump in tesla stock price and s.e.c. scrutiny. looking to see if musk misled investors. crazy rich asians took the top spot at the box office. $76.8 million. ticket sales fell 6% since last weekend. the summer top film for disney ....
sandusky founded for troubled kids. susan candiotti is live at courthouse in pennsylvania. as i understand it, there has been a last-minute filing of some information that is a bit of a bombshell with regards to what s happening in the courtroom. somewhat related but somewhat not related, right? that s right. it has to do with two other people who are charged in connection with the case against jerry sandusky. you remember the two former penn state officials are currently charged with perjury in connection with allegedly lying to the grand jury about what they did or didn t know about allegations involving jerry sandusky. that trial has not happened yesterday. but those two former officials are tim curley and gary schultz, a former vice president at penn state in charge of police investigations on campus. cnn obtained court documents filed late yesterday that indicate the possible existence of what you could call a secret file not previously known to anyone until now. ....
new developments overnight in the case involving secretary of commerce john bryson. and his two car crashes. he went back to work yesterday but not today. find out why, coming up in this hour of cnn. welcome to early start, i m zoraida sambolin. i m ashleigh banfield. we re bringing you the news from a to z. it is 5:00 on the dot in the east. let s start with this, shall we? victim number one ready to take the stand today in jerry sandusky child abuse sex trial. today s witness was just 11 or 12 years old when he first met the penn state assistant football coach. it was his accusations that triggered this criminal investigation leading to jerry sandusky s arrest. susan candiotti is live in bellefonte, pennsylvania this morning, she s been covering this case. incredible stories coming out in court. i don t know if it can get any worse. his story is set to come out in court today. what is the story of victim number one following yesterday s story of victim number ....
Correct me if i am wrong, didn t in april, wasn t governor romney able to raise mon wet rnc? or they joined forces at that time? or not? that is correct. but obama has always been able do it jointly with the democratic committee. so you are now comparing apples and apples greta: in terms of looking at the trend eye am not deny that this $76.8 million is huge. but looking at the trend, you would expect the beginning of april when the rnc and governor romney joined together, you would expect at that time it would climb, so that s not so peculiar or unusual? it is unusual that he is beating obama in that? yeah. but i mean, come on, if he sustains the pace of $78 million raised a month holy cow! he will end up with a huge advantage over obama. the other thing that is significant is that among the pacs, the super pacs, other ....
reporter: these days, campaign rallies seem to be taking a back seat. the president and romney are all about the money. they ve been criss-crossing the nation shoring up their campaign war chests. all that schmoozing with donors paying off for romney. last month he raised with the republican party a combined total of $76.8 million. the president and the democrats raised $60 million. mr. obama may have pulled in less than a haul than romney last month, but it s certainly not for a lack of trying. the president shattering records for fund-raising events. he s held more than 150 so far as president. that s nearly double the number former president george w. bush attended during his whole first term. the president s getting some help on the campaign trail this week from a fired up first lady. mrs. obama rallied supporters in battleground virginia. we simply cannot afford to turn back now. reporter: romney was asked ....