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$4000 a year in income since the president took office. lucas tomlinson s life for us in wilmington, delaware with the very latest, lucas. good afternoon aishah. the dow is down below when present biden took office inflation is up 40 years i the s&p 500 is down 17% this year for president biden s top economic advisor acknowledging the squeeze many americans are feeling. food prices are to hyperinflation is still too h high. the president understands that because his whole focus is defending working families. he knows even with the stronger job market, lower unemployment, he knows of people getting hurt at the grocery line. and present biden took office, inflation was not just 1.4% rate today it is 8.3%. it was already at 7.9% when russian forces invaded ukraine as you can see here. more than half the country says inflation is causing them financial hardship and heartburn. one in four american families are cutting back on spending. some even going down to two meals ....
in the next three to five hours. mourners have paid their respects to the last soviet leader, mikhail gorbachev, who was buried in moscow, this afternoon. a £2 cap on bus fares across england for three months from january is announced by ministers in the hope it will help people cope with the rising cost of living. a to me, it is a no brainer. there is no point taking the car and then paying for parking fees and everything. it is costing me £15, normally, for a trip, for a day ride for myself and then a day ride for my children. it is extortionate. this will help with millions ofjourneys through the toughest months of the winter, when we know things are going to be tough. and i think it will help attract people to the bus, particularly at a time when fuel costs are so high. russia s main pipeline transporting gas to europe through germany will now not reopen as planned. russian state energy firm gazprom said it had found an oil leak in a turbine on nord stream 1, mean ....
possible the river there, set to crest within hours. plus, four possible storm systems developing in the tropics. catastrophic flooding in pakistan has killed more than a thousand people. entire apartment buildings washed away, 500,000 homes destroyed. the urgent plea for international help the nfl rookie cut from the buffalo bills amid accusations of rape his accuser and her father now speaking out. it s a step in the right direction towards justice. and one last championship run serena williams begins what is likely her final quest for tennis glory. this is nbc nightly news with kate snow. good evening. the question for u.s. intelligence, do the classified documents taken from former president trump s mar-a-lago home, pose any potential risk to national security if they were disclosed? the director of national intelligence confirming her office will do an assessment while a parallel department of justice criminal investigation continues. members of con ....
documents. we ll have the very latest on the redacted copy of the mar-a-lago affidavit and what could be coming from the january 6 committee. plus, is the gop already conceding senate races in two states? what we re learning about the major pact that s pulling millions of dollars in advertising. and we re almost ready for liftoff. we ll be joined by a nasa astronaut ahead of the artemis launch later this morning. good morning. and welcome to way too early. on this monday, august 29th, i m jonathan lemire. glad to be back. thanks for joining us this morning. there s new reaction after a heavily-redacted copy of the fbi affidavit used to justify the search of former president donald trump s mar-a-lago was unsealed friday afternoon of the 36-page affidavit revealed details of the federal government s efforts to recover classified documents, including top secret information that trump is alleged to have illegally taken from the white house at the end of his presiden ....
how the state is preparing and why this will be the second round of flooding for some. plus, we are on the eve of history. one day away from the launch of artemis i, nasa s next mission to the moon. how the forecast is shaping up and some of the more interesting things that are heading up to space in that rocket. plus, how extreme weather is uncovering some of the world s ancient treasures. thanks so much for waking up with us this sunday, august 28th. we hope you re having a great weekend. the start of a new week. good morning. i have a confession to make, i just gorged myself with a cupcake for breakfast, so i m beating you out on the prosciutto, much healthier. good to be with you. the sugar keeping me awake. some news to get to this morning. up first, assessing the damage to national intelligence from classified documents found at donald trump s mar-a-lago estate. the director of national intelligence tells congress she is conducting a damage assessment of t ....