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CNN New Day Weekend July 7, 2024

welcome to your new day . i m whitney wild. i m boris johnson. why officials are telling people to stop coming to the site. the white house is slamming the bussing of migrants to the democratic-led states as a cruel, political stunt. how they re planning to fight back even as gop governors vowed to continue sending migrants elsewhere. plus updated covid booster shots are rolling out across the country even as the world health organization says the end of the pandemic is in sight. we will be joined by a doctor with all you need to know heading into autumn. sad news for theater fans. broadway s longest-running show announcing the final curtain. it is a brisk autumn morning. saturday, september 17th. we are grateful to have you starting your weekend with us. welcome, whitney. thank you for having me, boris. plenty to get to this morning and no shortage of news. we begin with the battle over immigration and the migrants caught in the middle. florida gover ....

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CNN CNN Newsroom July 7, 2024

17 hours. it was actually longer not that long ago. earlier today king charles and prince william took time to personally greet some of the mourners shaking hands and thanking people for waiting in line for so long to honor the queen. all this is happening as cnn learned about a major royal flub. prince harry and his wife meghan, the duchess of sussex, were invited to a reception tomorrow at buckingham palace by mistake. a royal kerfuffle. more on that in a moment. jasmine wright is live outside the white house correspondents dinner, and anna stewart is in that crowd in london. jasmine, president biden among the hundreds of world leaders that are headed to london for monday s funeral. what are we expecting to see from the first couple while in the uk? reporter: yeah, the president and the first lady leave the white house here very soon. i am not sure if you can pick it up in the mics, but on the lawn you can hear the sound of mash even one waiting to take the presi ....

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CNN The Lead With Jake Tapper July 7, 2024

immigrants are hoodwinked, promised shelter and jobs, only to end up at martha s vineyard because of a republican governor s immigration protest stunt. how volunteers have come to the migrant s rescue. and the ceo of fedex delivering a dire warning about the economy with his company on the front line of the supply chain crisis. welcome to the lead. we ll start with that ceo s gut punch. the head of fedex warning that not only does he think that the united states is headed for a recession, but business is starting to slow around the world. that message created a lot of anxiety on wall street today. fedex stock tumbled, the dow is closing this hour after spending a day in the red. let s bring in cnn s alison kosik. we often come to you at the top of the show when the markets are either substantially up or massively down, but this time, it s this comment from fedex that is getting the world s attention. and fedex s ceo was pretty direct about where he thinks the ec ....

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CNN CNN Newsroom June 4, 2024 14:45:00

He says other companies over the past few months have noticed a slowdown in the economy, too. like walmart and target indicating they have too much inventory and amazon closing warehouses because they overbuilt. so fedex is just another canary in the coal mine. the announcement caused shares of fedex to tank 20%, also a frenzy in the broader market because fedex is seen as a barometer for the bigger economy. and the thinking is, if it s doing poorly, then what does that mean for the economy as a whole? which brings me to a fun fact for the weekend. former federal reserve chair alan greenspan himself used to think of fedex as an economic bellwether as well. similar to how he saw men s underwear sales as a key economic predictor. sales of men s underwear are usually static. if sales drop, well, it shows a pull back in spending of men s underwear. it s just one of the many strange ways experts try to ....

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CNN New Day Weekend June 4, 2024 12:24:00

His business shows we re on a path towards a worldwide recession and fedex believes things will only get worse as we head toward the end of the year. in a pre-earnings announcement fedex said it missed revenue targets by a half billion dollaring. research analyst ken heckster from bank of america told me that fedex s announcement shows that the u.s. economy is decelerating and it is one more xafrmel of the drumbeat getting louder and louder about where the economy is headed. heckster says other companies over the past few months have noticed a slowdown in the economy, too, like walmart and target indicating they have too much inventory and amazon closing warehouses because they overbuilt. so fedex is just another canary in the coal mine. its announcement caused shares of fedex to tank more than 20% and also causing a frenzy in the market because fedex is seen as a barometer for the bigger economy and the thinking is if it s doing poorly, what does that mean for the economy as a ....

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