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second biggest economy grew 1.6% on annualised rate, much better than what had been predicting, thanks to private consumption and an unexpected rise in capital expenditure. let s bring in neil newman from the quarry capital who joins us live from tokyo. thank you for joining us. the data has come out a lot stronger than expected, talk us through what s been doing quite well. this is a very big and positive surprise. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp numbers certainly does indicate there is a large amount of the domestic economy contributing to this. as you mentioned cap ex, business spending was up on the annual basis, way ahead of expectations. but even consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers in march, they were not that impressive, in fact they were quite depress ....
cultural and economic fallout. we have new information on that terrifying shooting at a missouri high school and how it could have been even more tragic when a 19-year-old stormed in with a long gun and hundreds of rounds of many ain admmunition. plus it s crunch time in the midterm campaign, two weeks to go, and warning signs of piling up for democrats as key races tighten, including one that do determine who holds the senate. tonight the nation will be watching as democrat john fetterman and mehmet oz face off in the only debate for that critical pennsylvania senate race. jeff zeleny is in harrisburg and athena jones is with us in new york following a closer than expected new york governor s contest. let s first go to the action in pennsylvania. jeff, what s the pulse there right now? reporter: there s no doubt this senate race has been a marquee race of the cycle. tonight s debate is a marquee event. th th it s the only time these two candidates will come face ....
welcome to morning joe. it s wednesday, september 14th. a lot to cover this morning with joe, willie and me. u.s. stocks tumble as consumer prices continue to rise as president biden celebrated the inflation reduction act. yesterday at the white house. we ll look at the next possible steps to help bring down costs for americans. plus, russian forces in retreat as ukraine keeps up the pressure. is this a turning point in the war? president biden says it s hard to tell. queen elizabeth returns to london. her coffin arriving at buckingham palace yesterday and will be carried by horse-drawn carriage to parliament later this morning where she will lie in state before monday s funeral at westminster abbey. we re following the latest on the trump records case. new information unsealed by a federal judge concerned that some government records may still be unaccounted for, and a warning from the doj about delaying its investigation. plus, lindsey graham takes an alread ....
good morning to viewers here in the u.s. and all around the world, it is monday, july 4th, and the independence day celebrations kicking off early in some cities. this is video from milwaukee s waterfront where thousands gathered to catch a spectacular fireworks show, just beautiful there. the mood was not so festive at america s airports, though, flights canceled, passengers stranded. if you are flying holiday weekend chances are you are not having a happy 4th and feeling anything but independent because you were at the mercy of overwhelmed airlines. more than 1,500 flights were canceled from friday through sunday and saturday was the worst, 653 flights were axed. the airlines are also blaming the weather, thunderstorms in the northeast delaying thousands of flights and adding to the chaos the highest travel demand we ve seen since the start of the pandemic and, of course, rampant staffing shortages. let s take you now to one of the busiest airports in the world, atl ....
on what came of this meeting and whether the president did all he said he would do. jacqui heinrich in jeddah with more. jacqui? hi, neil. this controversial fist bump has drawn condemnation from across the political spectrum, across the media, the washington post publishers condemning it and saying it gave mbs basically the approval that he had so desperately been seeking from biden s visit. the president holding that press conference and affirming that he did bring up jamal khaishoggi s name in his meeting with the count prince. listen to what he said. i raised it at the top of the meeting making it clear what i thought at the time and what i think of it now. exactly it s straightforward and direct in discussing it. i made my crew crystal clear. i said straightforwardly, for an american to be silent on an issue of human rights is inconsist tint with who we are and who i am. i ll always stand up for our values. the president says that mbs responded saying tha ....