with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and reser
bigger rival, binance, and its billionaire creator. samira hussain has more from new york. in these latest charges, the sec said coinbase acted as a broker exchange and clearing agency for broker exchange and clearing auen y ., , , ., ., agency for investments that are sub ect to agency for investments that are subject to sec agency for investments that are subject to sec rules. agency for investments that are subject to sec rules. but - agency for investments that are subject to sec rules. but they i subject to sec rules. but they did so without properly registering, and that, they said, allows the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise, as a publicly traded companies and disclosed in march that the sec had notified it that these charges may be coming. in response, coinbase said liberals are not clear. they testified on capitol hill that the chief legal officer said it try to get new rule
more now from new york with samira hussain. in these latest charges, the sec said coinbase acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded companyit disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time, we have had over 30 engagements with the sec to try to work towards a sensible framework for regulation that would allow, for example, the registration of platforms as either broker dealers or atss, or a national securi
what caused the sonic boom that rattled residents across two states and the nation s capital. the grand jury investigating the trump classified documents case is starting today. new video this morning as a chinese warship comes close to a u.s. destroyer in the taiwan strait over the weekend. the new warnings from both sides. and back at home, it s a big week for the republican race for the white house with at least three new candidates expected to make announcements. we begin this hour with federal investigators now on the site of a small plane crash, a private plane crash, that went off course and flew near the nation s capital on sunday. the plane took off from tennessee heading to long island, new york, but did an unexpected 180 heading south toward washington and crashed. four people were on board. no survivors have been found. fighter jets from d.c., the national guard there were scrambled to intercept the plane traveling at supersonic seems which caused the s
president. and if i had to bet, i would bet it s near. do you believe there s enough evidence? well, they would indict if there s not evidence, but from what i ve seen there s substantial evidence there. that s former attorney general bill barr with a bleak prediction for his former boss. it comes as there are major developments connected to donald trump s handling of classified materials. we ll bring you the very latest. also ahead a key witness in multiple investigations into the former president finally gives testimony to a grand jury. plus chris christie makes it official. we ll show you his pitch for the 2024 republican presidential nomination. good morning, and welcome to way too early on this wednesday, june 7th. i m jonathan lemire. thanks for starting your day with us. we re learning more revealing new details this morning about two separate grand juries looking into former president donald trump s handling of classified documents after he left the white ho