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just in time for travel season. inflation is higher overall thanes within decades. baby formula is hard to find. the economy added more than 400,000 jobs last month and the unemployment rate is at pre-covid levels. let s try to figure out where we are right now. we begin with christine romans. it seems like there s nothing but storm clouds on wall street. there is so much going on and so much chaos, really. i keep saying there are so many cross currents in the global economy, any one of them would be destabilizing. there s a half a dozen. you talked about the higher prices, the chip shortage, covid lockdowns in china. war in ukraine. war in ukraine and that s going to be a big dpeel some time. that means energy prices. for investors if you re looking at your 401(k), you know this. eight weeks in a row, the longest losing streak for the dow since the 20s. that s not great. the nasdaq stocks just hammered. you look at apple, meta, some of these widely held stocks. ....
at this hour the u.s. president is holding talks with his newly inaugurated south korean counterpart on his first trip to asia as commander in chief. last hour joe biden participated in a wreath-laying ceremony at the south korean national cemetery. before arriving at the korean ministry of national defense for his meeting with yoon seok-youl. we re expecting them to give their remarks soon. on friday mr. biden says the future of the world will be written in asia, and the region will prove to be critical in the years and decades to come. we re standing on a reflection point in history where the decisions we make today will have far-reaching impacts on the world we leave to our children tomorrow. now, the threat posed by pyongyang is expected to be a main focus of mr. biden s bilateral meeting with south korea s leader. we ve also learned that beijing is holding military drills in the south china sea during this visit. the u.s. says pyongyang could conduct a missile ....
including as punishment in a psych ward full of criminals. so i was too worried about, you know, who was in the cell with me to actually sleep. you thought they might kill you? yeah, i thought that was a possibility. more from my exclusive interview with trevor reed, the u.s. marine veteran who is finally thankfully home. welcome to the lead. i m jake tapper. we start with our money lead and renewed fears of an economic recession as the markets closed moments ago. the dow finishing flat after a day mostly in the red. what s sounding alarm bells now is this is the eighth straight week of losses for the dow. that s the longest weekly losing streak since 1923. the s&p 500 and nasdaq also taking hits fueled by investors getting increasingly spooked about how high inflation is, messing with the u.s. economy. matt egan is live in new york for us. viewers are likely to see the words bull and bear market tossed around a lot. what does this mean in terms oour money, ....
time ago. they concluded their investigations. time ago. they concluded their investiuations. , , ., investigations. of course he should resin. investigations. of course he should resign- ease investigations. of course he should resign. ease responsible investigations. of course he should resign. ease responsible for - investigations. of course he should resign. ease responsible for the . resign. ease responsible for the culture. we ll be looking at the outbreak of monkeypox. an infectious disease with more cases found in europe and north america. we start inthe ukrainian capital kyiv, where the first trial of a russian soldier accused of war crimes has resumed. early on thursday, the victim has my wife confronted the russian soldier in court. she asked him what he felt when he cold her husband. he said he didn t want to fire the fatal shots but was threatened by another soldier. here is a little of that exchange. please tell me, do you repent of the cloud you have ....
state. whoever does win that race will take on john fetterman in november. he easily won the democratic senate primary last night, though may be the first candidate to do so from a hospital bed. he underwent surgery for defibrillator hours before polls close. this is after he suffered a stroke a few days ago. he seems to be recovering and in good spirits this morning. so many races, so many states, important results for both parties. another race we re following in north carolina, congressman madison cawthorn is on his way out. the trump favorite conceded late last night. cawthorn was once viewed as a rising star in the gop, however his political career tarnished by recent scandals from video, salacious video, claims that put him on the outs within his own party. we re following both parties in these states as only cnn can. let s begin on the ground in two states, let s go to the state where things haven t been called yet on senate side in pennsylvania. democratic s ....