federal reserve. bill: that is only more bad news for americans trying to pay for gas and groceries. it comes after opec slashed oil production. the economy seen as the achilles heel for democrats in november. the president now admitting there may be more pain on the horizon to come. should the american people prepare for a recession? president biden: i don t think it will be a recession, if there is one a very slight one. aishah hosley live from the state department and we ll begin with edward lawrence on the north lawn of the white house. we hear the beep, beep, beep of messaging here at the white house. not the construction truck over there. the president a year ago was saying we won t have a recession. and then about three months ago the president ended the message out of the white house was a recession will not be likely. now we re hearing a recession is possible but still could be shallow. listen to the president. you just said a slight recession is possible
mike pompeo and our top story outrage grows here in washington and throughout the country over the fbi s surprise raise on former president trump s compound, mar-a-lago in florida. republicans now calling for resignations of the attorney general and the fbi director. meanwhile, the silence is deafening from the men in charge. and the white house continues to deny any knowledge beforehand. but, we still don t have specific details from the search warrant there either from the doj or the trump team. we have fox team coverage tonight. aishah hasnie on capitol hill with what all of this means for the possibility of another presidential run for former president trump. we begin with correspondent david spunt at the justice department. what we are learning today about monday s raid. good evening, david. bret, good evening to you. fbi agents this evening are still going through documents that were seized at monday s search of former president donald trump s home at mar-a-lago. the
friday. president biden wasting no time bragging about the august jobs report. even as americans still feel the squeeze of inflation. the president s show of optimism about the economy very different tone than he struck last night. i m john roberts in washington, hello again, sandra. sandra: and we have you there, john. good to be here ahead of the long weekend. president biden s speech in primetime, everyone is talking about it, it turned so political at times that critics say it was more like a campaign event. the president attacking supporters of former president trump accusing them of being a threat to the american way of life, and just moments ago, our own peter doocy pressed president biden himself after that speech on his divisive message. we ll play it out here, it s about a minute long. mr. president, do you consider all trump supporters to be a threat to the country? no, everyone, come on. come on, guys. i don t consider any trump supporter to be a threat to t
The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as moscow has become more dependent on beijing following its invasion of ukraine more than two years ago. Trade numbers hit record highs last year as china bought discounted russian oil in the face of sanctions. You can weep up with the latest on president putins trip by our live payment on
And the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell has said a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as moscow has become more dependent on barnabyjoyce following its Barnaby Joyce following its invasion barnabyjoyce following its invasion of ukraine more than two years ago. Trade numbers hit record highs last year a